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Just talked to IR Colby, said things are going very well with the company, with all the new services they are providing. Said the only thing holding the price down is the debencher loan they have. Also said Alex(CEO) is presently working on finding investors to eliminate that debencher loan. This could be another LFZA play. Hopefully sooner than later.
Posts: 78 | From: Spanaway | Registered: Apr 2006
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He also said that when they did get rid of the debencher loan the stock would shoot thru the roof
Posts: 78 | From: Spanaway | Registered: Apr 2006
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quote:Originally posted by pepsiman: He also said that when they did get rid of the debencher loan the stock would shoot thru the roof
lol, this company is worthless. All they do is keep dumping more and more shares into the market. The AS was suppose to be only 10 billion but they went beyond that and is currently close to 16 billion last I heard.
Geez, I wouldn't touch this with a 10 ft pole but good luck to whoever is playing!
Posts: 3026 | From: Chicago | Registered: Oct 2005
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Homersbud you and I both know the company is not worthless. Their add to much more to their services than ever before and now their collecting fee's for some of their services,so their making money. But I do have to agree with you on all the shares they have. But I also believe that when they get rid of that debencher loan alot of the shares will dissapear as well. Because more than likely the reason for all those shares is that they are required by regulations from the SEC that say they will have enough shares to cover that loan. I think all will be fine shortly down the road here. Think about what just happened to LFZA I just added another million shares to my account. It only cost me $200.00 what do you think it will be worth when they get rid of that loan the share price sky rockets.WTVN is at the bottom with alot of upward possibilities, its worth the risk. Posts: 78 | From: Spanaway | Registered: Apr 2006
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This stock is 3 webcams, 4 government access and 2 foreign religiously channels away from doing another R/S. They are trying to sell you channels that frankly nobody is interested in watching, some are even comical. Amazing how people are still buying into the BS that this is revolutionary and pioneering technology. If this guy was a true genious in pioneering internet technologies WiFi Tv would have been the one that would been sold to Google for $1.6 billion. My advice sell as soon as you see a spike. Take it from somebody who didn't and lost money.
Posts: 41 | From: Southern California | Registered: May 2005
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