An interesting post on LAM Toxic Debt Deals: Al
Post# of 40989
All of the Livingston Asset Management LLC 3(a)10 transactions use attorney Matheau J W Stout to represent Livingston Asset Management LLC
The ONCI case was settled on 9/26/17. Since that time the ONCI price has fallen from $.016/share to around $.002/share
The TXHD case was settled on 9/26/17. Since that time the TXHD price has fallen from $.0004/share to $.0002/share with a couple of little p&d spikes in between.
The ADTM case was settled on 12/19/17. After that time ADTM got a big pump from $.0004/share up to $.0024/share before coming back down to where it started.
The DRUS case was settled on 3/12/18 so there should be some new dilution coming there very soon. DRUS had a 3(a)10 transaction with Rockwell Partners Inc (in August 2016) so this isn't new territory at all for DRUS. The DRUS share price is currently at $.097/share.
NECA will probably have its case settled by early April. The NECA share price is currently trading at $.0002/share.
When you ever see Livingston Asset Management engaged in financing companies,,,run the other way. Hopefully they are now behind us.
On4 Communications (ONCI) Stock Research Links
https://twitter.com/twitter/statuses/957208055766241280