RE:Where Is LDS Headed...?As I had mentioned I have not watched LDS for almost a year now. I knew we were not on track to produce much. Mainly no clean biomass to be had. Therefore no sales....no revenues...and no profits to speak of.
A year later the sp has gone up from the lows but not sure why. Still no profits to speak of and we have to do pp's to raise funds. Can't even produce the profits to operate.
I hear the news of contracts and rumors of more contracts and how all 120 strips sold out at some festival. Hell....you'd think we should be a $5 stock heading to $50. But still no profits to speak of.
All the rumors and optimisim combined here cannot move the sp much...and if it does move it will move back down until there are sales and profits. That is what controls a sp. The rest of this happy talk is a waste of time. So far...with whatever good intentions and whatever ingenious plans...LDS cannot generate enough profit to self sustain without a pp.
I remember a year ago we were bringing in 2 biomass processing machines with plans to produce great amouints of product. And we already had a strip machine capable of producing a million strips per day if I recall correctly. But where are we today? Still very little sales and profits....if any. But we still have all the potential in the world. Just no profits. Maybe we will actually start recieving biomass from growers....I don't know.
Jan 16th 2017 LDS announced it's intentions to start clinical trials in Canada. Did they ever start? And by now we were supposed to be selling large amounts of resins and strips to retail shops all over Calif. Did that ever commence?
They will have another AGM where they will talk more good stories about what the potential of LDS is and then they will go back to the office and say did that pp finalize yet. We need the cash. They somehow run the sp to .60/share and offer the pp at what price???? to assure takers of the pp make a profit. That's the only profits I see right now. And we dilute another how many million shares?
Again....I am busy running a company and haven't spent the time to see if there is really something to chear about here. Problem is that there are always promises of great potential...but little results.
I do own a boatload of shares and I don't plan to sell but coming back to see the same empty happy talk and little progress that is visible in the way of profits seems like just another year up in dust.
Sorry....but until I see actual profits this is my vision of LDS reality. The same reality I saw a year ago.
Badog