RE:RE:RE:What happened to the PP closing today?Patience people. We're at the finish line, don't start imagining conspiracy theories now.
What difference does it make if the PP is closed today, tomorrow or next Wednesday? The bottom line is that with the PP closed (which his imminent) the funds to fuel the growth will be in hand.
Look at the revenue projection on slide 17 of the attached LDS deck for 2017. Looks like about $13M to me. Even if you delay everything by 1 quarter we would see 2017 revenue of $6M and growing rapidly.
https://www.lifestyledeliverysystem.com/wp-content/uploads/pdf/LDS%20Deck%20Master%20(2-6-17).pdf As for the CFO exercising options it was a pittance. She exercised 15K options in January and another 15K in March. Of this second tranche, only 4,600 shares were sold for proceeds of $2,600. Not exactly what I would call lack of confidence by management. I'm guessing she wanted to buy a new dining room set and sold some shares to do so. See the full table here:
https://investorshub.advfn.com/uimage/uploads/2017/3/23/ptrui2017-03-23_LDS_Annotated2.jpg The 15K of options that were exercised in January were disclosed in the January monthly report and I included it in the table of my March 18th post
here.
Everyone would do themselves a favour by unplugging from watching the hour by hour movement in the LDS share price for the next week.
~S
young_spanky wrote: Never good to see a CFO selling shares right before an upcoming market update. Hope this isn't an indication of where things are headed.