posted
(BTW: There's an interview at wall street reporter dot com. Under Legend Investment LVCP)
I own some LGMB. Here's why I THINK it's going to be a high profit investment. Peter Klamka owns the major shares to both LVCP and LGMB. LVCP is a Pink Sheet Business Development Co. In other words, it's a company that invest in developing companies to help them get a foothold. If you read the filings on LVCP, you see there is a plan to raise $5m for investments. At $2.50 per share, that's only 2m shares. Hmmmm, now what better investment is there than LGMB? A company with aprox 16M shares O/S, has two subsiduaries. The "Hello Kitty" card, the kiosk deal, operating 8 radio stations, and has Legend Credit coming together, and who knows what else is happening. So if the board of LVCP approves it, up to $5mil MAY be invested in LGMB. Mr Klamka is dead set against deluting LGMB. IF what I THINK actually happens, LGMB could buy the radio stations and maybe other investments of it's own and do it ALL with cash. NO DEBT...NO DELUTION. Think about it...... ALL JMO.