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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » LNBO: Reinstated, Possible R/M Candidate

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Author Topic: LNBO: Reinstated, Possible R/M Candidate
PCola77
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Someone posted this last night, but it was apparently delisted and recently reinstated by the same guy that did reverse mergers for FCNK and LFZA. Up 100% already today though, on under $10,000 in total volume, so be forewarned.

(By the way, I haven't verified any of the above info, just posting what i saw on IHub just now and based on the post that I saw last night. Also, i am paraphrasing from memory, so someone correct me if I have some of the details incorrect.)

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PCola77
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Man, was at .025x.035 when I looked at it this morninng and now at .051x.06.

Unless there's some momentum from people trying to get in ahead of the crown I don't expect much more gain on this unless/until there is some announcement of some sort.

Just wanted to give a heads up.

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PCola77
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Spread now .06x.09.

Still VERY light volume, so it's risky.

Anyway, the way I'm playing this is I bought now and plan to hold for a while to see if it becomes a R/M play. It's not the kind of play that you will make any money quickly (IMO) but getting in before the crown may be beneficial if you're willing to leave some money in it for a little while.

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