51MM out of 191MM shorted today. %increasing. Stil
Post# of 205
Coordinated and vicious attack from the iLie crew which is tied to the lenders and some MMs. SEC has already nailed iLie founder before for such things. Current model/site is no different.
$LTNC still has questions to answer and things to prove but recent deal strengthens balance sheet, provides solid cash, and still maintains future value in staffinggroup. Yes - number of locatjons is down but CEO said balance sheet and share structure are priorities. Further, he provided start up costs and run rate for new sites
Once share structure is cleaned up - company can get traditional lending and then new sites are more easily opened and the model employed.