Fireside Chat: Good evening my fellow LAHO sha
Post# of 432
Good evening my fellow LAHO shareholders.
Just a reminder here. LAHO has acquired a 180 day extension from GSCG. This was done within 72 working hours from time of the SEC suspension.
As I mentioned in an earlier post, this was only done / expedited with the help from GSCG. They came to the aid of LAHO.
Why would they do that?
In our last fireside chat we discussed how the two combined companies, LAHO & GSCG, benefit each other.
But why would GSCG aid LAHO in getting through the SEC suspension and grant a 180 day extension to allow LAHO enough time to complete the merger?
Follow the money and you will find the answer.
Q: How long would it take GSCG to find another company with the same products / technology that LAHO has?
A: Quite a while and at a large cost. If they could at all. Cheaper to give LAHO 180 day extension to complete the merger.
Q: Did GSCG do all the legal homework on LAHO before they agreed to the merger?
A: Most definitely. If LAHO had too much baggage, GSCG would not have entered into the LOI in the first place.......period.
Q: If there was more dirt on LAHO, would the SEC have included that in the list of reasons for the trading suspension?
A: Most definitely. That's the only thing the SEC has on LAHO or other reasons for the suspension would have been given. I spoke with the SEC personally and this was the only reason cited for the trading suspension. And if there were more sinister dirt lurking behind the scene, the SEC would not have been so agreeable to allow LAHO to do what they have done since the suspension, i.e. posture themselves to be able to start trading again within 180 days and without being relegated to the gray sheets.
That's the best the SEC can do here? That's all the dirt they've got on LAHO, an incorrect mailing address? Wow, that's pretty evil stuff there.
Smells like desperate times for some MM's in a short position that had to call in a favor with the SEC to me.
Q: After the SEC suspension of LAHO, if there were a viable, less expensive option to LAHO out there, would GSCG go for that and tell LAHO goodbye?
A: Most definitely. This is business. When you have a company to run, you make decisions on what's best for your company.....period.
So it seems that GSCG sticking with LAHO through the SEC suspension is what's best for GSCG.
Q: If LAHO is really toast, I mean really gone and not coming back, why are there still people bashing the stock?
A: It's because they are hoping that LAHO will fail.
But wait, I thought LAHO had already failed? Isn't that what the bashers are constantly telling us?
"Trading in the pinks, the only easy day was yesterday!"