Lattice Biologics Ltd V.LBL.H

Panic selling

[Smiles62]

01 always gets the best of it all, he is there to pick up. And he also the one suppressing it at 0.055 and 0.05, because in my opinion he is in the fix for a 0.05 financing/ drawdown.

[gainwidpatience]

It was expected tbh. Alumina will play their game to get cheap shares before Ph1 results announcement! We all know that it was not a good financing deal. Best bet for us to wait for Ph1 results and their future plans without worrying panic selling. 

[Smiles62]

I realize it's not a fortune what BMO got rid of today, let's just hope he sold because he is fed up and not because he is in the know. If no news before the GM, it will dwindle to 0.04 towards the 29th of June.  Because nothing can be learned during that meeting, plus it will create discouragement. News must be given before the meeting.  Speaking of meeting, would you show up

[gainwidpatience]

No.. Guy is holding 32.38% of voting shares!

[Smiles62]

Oofff much better, thank you.  Hopefully he is not connected with anyone else in the company (directly or indirectly) to jointly control.  I feel much better now. Again, the only thing that matters (not BLM) is a NR before the GM.

[gainwidpatience]

This is only my guess: Seems like sp was brought down so that Guy can acquire more voting shares. See Mar 11 (before NR on Covid trial), he intended ('plan') to convert the debt into equity @0.05. Sp is now stagnant at that price and he also converted at the same price after 3 months! https://web.tmxmoney.com/article.php?newsid=7016403234918464&qm_symbol=LBL Once the litigation is

[Nomoreshells4me]

Can anyone confirm that the Amnioboost study is still active.

[Smiles62]

You want to bet Cheryl knows the answer to your question. ;)

[Smiles62]

Maybe our friend here is Cheryl Farmer.  Don't forget if she thinks this thing is worth it she would also get into the fight of owning a bigger chunk of the company.  So basically there are 3 major holders of this company.  Anyone here Cheryl, how can I get in contact with her?

[gainwidpatience]

It won't end there! Don't forget Alumina! They will get atleast 20m shares with the sp being so low! L2 looks ugly today. Watch out for panic selling!

[Smiles62]

That's what I mean about the trio.  But alumina is on guy's side, sort of speak.  So one or two sharks are certainly waiting for the cheapies, 0.04 or so.  Once they have their fill, it will fly because they will all want a better value.  Again a lot of battle will be done without us being part of it, most of us are above 0.08, so watch the millions being traded below 0

[Smiles62]

As we exchange here one of them just put up a bid of 300K @ 0.045.  So we know where it's going today :)

[gainwidpatience]

Voting Shares: Guy - 27.9m shares (32.38%) Flow Capital - 9.2m shares (10.89%) Cheryl Farmer - 18m shares+Warrants Alumina (Estimating) - Anywhere around 20m shares+warrants  

[Smiles62]

Thanks for that structure detail, very important.

[gainwidpatience]

Well.. what is important right now is answer to Nomura's question - Is Amnioboost study/trial still alive for Covid?

[Nomoreshells4me]

I have reached out to Chad and Lattice. Nobody is prepared to answer that simple question.

[Nomoreshells4me]

Chad just responded " it is ongoing ". Whew, perhaps I can relax now :)

[gainwidpatience]

Thanks Nomura for sharing the info! 

[Smiles62]

BMO is buying back what he sold yesterday, at the price!  Luck or planned arrangement? At least it looks like we are getting ready for some liquidity action.

[Smiles62]

The answer is as equally intelligent as the question. Will it be sunny out?  The answer is, yes it will be eventually. Guys please!  An acceptable answer would have been, as you know we had 4 patients in April, we did some tests and I cannot disclose the results.  As for our search for other patients, it's on going!!! Can't you tell there's some political games going

[Smiles62]

based on your info, others own approx 15%

[gainwidpatience]

Smiles - No, percentage mentioned for Guy and Flow capital is based on existing voting shares issued (excluding Cheryl and Alumina) Shares to Cheryl and Alumina are not issued yet. Once approved by exchange, number of voting shares will increase accordingly and also, percentage of Guy/Flow capital will reduce. In the current structure, around 47%-49% are owned by insiders and Flow Capital.

[Smiles62]

Ok thanks.

[Smiles62]

RBC dumped at last minute a lot of 87K, TD has picked up all of the 218K.  It's actually looking like the asks are from legit seller(s).  Let's hope hope TD is in the know.  Tomorrow pm will give us a good indication if news is probable for Monday morning.  And Monday is the GM I believe.

[Accept2]

TD was me. I will see whats available Friday........ https://www.youtube.com/watch?v=PktB0bxo2oQ

[MaterialWorld]

Just my thoughts. I'm thinking, and only from what I see, LBL management has been withholding information from shareholders on every aspect of it's business. No updates at all to shareholders about the going concerns of it's base business. Like pulling teeth to any info from management. No updates and info released about whats happening with covid and stem cell work.  Any ideas

[Nomoreshells4me]

MaterialWorld. Check your inbox. NMS