posted
LTHU has had a sharp decline in the last 9 days. This is due to debentures from Cornell. After today Jan. 6th these debentures should stop untill the pps is over .06, here is why. This is from a PR on Oct. 26 2005: The debentures are convertible at the option of Cornell Capital at $.06 per share, have a term of one year and accrue interest at 8% per year. Interest and principal payments on the debentures commence in January 2006. LTC can redeem the debentures for any reason until January 6, 2006 without any prepayment premium, and thereafter if LTC's common stock is trading below $0.06 with a prepayment premium of 15% of any amounts prepaid When a company signs a deal with Cornell "the Devil" the stock price is mostly controlled by Cornell from then on. And from what I see it will be in the best interst of Cornell for the pps to be over .06 from now on. Right now LTHU is trading at about .03 This looks like a no fail double to me any thoughts?
Posts: 282 | From: Atlanta Ga. | Registered: Apr 2005
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posted
Bought some today. It's near the 52 week low and if the run after the last bottom is any indication, we could see a good bounce coming. Time for some positive PRs concerning the pending military contracts and other projects. At least I won't be chasing this one on the way up and watching it drop like most of my other pennys. Should be fun to watch. A double would be great, but hope for more pending good news to come.
Posts: 170 | Registered: Jul 2005
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WhooHoo, my first penny stock in the black and on the first day I bought. Let me savor this moment while it lasts. I won't jinx myself so no more negative thoughts. Go Go Go.
Posts: 170 | Registered: Jul 2005
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Ottoman thats good. I wish we could also pull the Rally Monkey out for MOTG. Soon we will.
Posts: 282 | From: Atlanta Ga. | Registered: Apr 2005
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I have most of my money invested in MOTG at 0.6 and need the rally monkey to turn that one around too. Here looking forward to more positive news for both companies.
Posts: 170 | Registered: Jul 2005
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Goodones. Gave you a 5 star rating for your tip on LTHU. If it turns around, I'm taking it back. LOL
Posts: 170 | Registered: Jul 2005
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posted
Cornell should stay out of the picture untill we get to .06 I have noticed the L2s are being adjusted to let us slide over .06 with little buying preasure.
Posts: 282 | From: Atlanta Ga. | Registered: Apr 2005
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