Pump and Dump? Anyone talking about this company being a pump and dump is clearly not following the company. It's really simple. Either management is lying to investors to fraudulent extent, or they're actually going to deliver on their business plan.
This stock most likely won't move much without sales and revenue being officially reported, and when/if they do get reported, that's not a pump and dump. It's the real deal.
From what we've been told, LDS is currently producing 300 litres/month of oil distillate to fill a PO until December. They have new equipement in their building and are modifying their existing operations in order to produce an additional 1000 litres per month so they can fill their 1000 litre/month LOI along with their 300 litre/month PO going forward. Supposedly this will be completed and operational within 3 weeks.
The 300 litres is worth over $2,100,000 alone. The additional 1000 litres would bring LDS's monthly revenue to over $9,100,000 per MONTH. We've also been told that we're 2-3 months away from the completion of the facility expansion, which would allow LDS to produce over 3000 litres per month. That would be over $21,000,000 per month in revnue.
This company isn't a pump and dump. The share price is either going to sky rocket over the next few months, or management is incompetent and/or fraudulent and the company will slowly bleed out.
I wouldn't blame anyone for doubting this companies management. I've owned this stock for well over a year and Brad has a terrible habit of over promising and underdelivering. That being said, I'm still betting big on LDS being the real deal.
They've got the facility, management owns a large number of shares and stands to make a killing if they can make LDS a success, they've got a PO, an LOI, and supposedly more than enough interest to sell 3000 litres/month once capable, and the recent insider buying from a director of the company along with buying from Cannacord sends a very positive message about what people on the "inside" think of this company's future.
Don't be fooled by the pump and dump talk. If this stock starts to move, it's going to be because of sales; and once LDS proves they can deliver on their orders and show some significant revenue, their short term plans for 1300 litres/month, 3000 litres/month, and long term of 50,000 litres/month, along with the astronomical revenue numbers those sales would bring, will become more believable for investors and this stock will sky rocket.
All that being said, if none of what I've talked about actually starts to happen in the next 6 weeks, I'd suggest it might be time to move on. As far as I'm concerned, LDS has put itself on a short leash with all of it's overpromising and underdelivering and I think there's no more excuses for missing deadlines and not having product on store shelves. I don't think we'll have to wait long to find out if LDS is for real or not.