(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.
In at .11 :-) DB
-------------------- Nothing's more fun than a Subs stock run!!! Posts: 373 | From: North Tx. | Registered: Jan 2004
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