Post by
StockCaller on Feb 02, 2018 8:25am
Loto comments
I don't come on here too much, but as one of the largest shareholders of LOTO I'd like to say that the company is working dilligently on their acquision mentioned in the press release to advance customer acquisition and move the business to posivie cash flow while expanding into several new states. While all this is underway, I can only assume they will use the access cash from the oversubscription of the PP (while mantining working capital budget) to make an investment and employ the capital rather than watch it do nothing in the treasury. That said, we will see what they do. I for one would be delighted to see this compay generate something positive. I'm prepared to put more money in to support the strategy to internally finance the lotogopher business via investments rather than dillution.
Might be a good one to bottom feed on for a little while b/c one day all the stock will be in much stronger hands.
It would be great to see $4-5 M in the treasury after 3-6 months of taking profits from an iniaital investment. I think that will be exciting for shareholders.
Support this one guys. If not no worries.
Comment by
Paparico1 on Feb 02, 2018 2:30pm
Thanks StockCaller for your comments. I added more on top of my holding. Have a great weekend