$LAHO - So insiders / someone, loaded up with
Post# of 432
So insiders / someone, loaded up with 1.5B shares in the few day prior to the PR:
https://twitter.com/TFROST_MAN/status/1203476645946036230
O.k. here it is.......I think I understand the last PR now and Id bet Im right that is was written by the new guy, FNG, and his writing isn't that eloquent due to lack of experience etc.
O.k., they bought 1.5B shares just before the 5/2/ PR. $750k, that's a lot of money. Now this doesn't mean that they intended to crash it. It's just them / insiders, loading up.
They may have bought that many shares to try and weather a future R/S. They may have bought that many shares to try and finance some of the immediate operations of GSCG. Either way, they bought a lot of shares of LAHO, and it wasn't for their health, it was for a big payday.
They didn't plan on LAHO getting halted, suspended when / where it did. We don't know how many shares they sold, if any, from the time they bought in and when the trading was halted. Since they were counting on a big payday, its a fair bet that most, or all, of their shares are stuck.......just like ours are.
Hypothetically, lets say they sold off half of their 1.5B position between .002 and .003, say .0025 average, that's $3.75M. That's not the kind of money that Dave and Benito are looking for......no way. They need a lot of money to get GSCG to the next level and a couple of million or two isn't going to cut it.
They were probably looking to unload some of those shares at the .045 to .055 range. And to do that, the pps would have had to run to the .09 to .10 range with heavy volume in their target range of .045 to 055 +/-. That's the kind of money that's needed to take GSCG to the next level.
Now, they are running into difficulty / delays getting LAHO back current with the SEC and working through it. So when they found MSSV, they thought that by reconnecting the dots with MSSV, GSCG & LAHO, they would be able to get money through MSSV and get the momentum going again. Then bring in LAHO at a later date. That part is to be determined of course.
Enter the latest PR from LAHO that wasn't on point and was not written very well. The new guy was thrust onto the LAHO scene and probably isn't very experienced at all of this. I'd bet that's why that last LAHO PR is very poorly written and of course not very palatable to the shareholders.
I don't think that this is going to work out for them the way they had planned with the new wheel, MSSV, in the mix. There's a lot of moving parts in the equation now.
Traders, keep going with the social media posts and keep moving forward with the attorneys etc. When they start having attorneys contact them, that will reinforce to them that they are really between a rock and a hard place now. Between the angry mod of shareholders and their attorneys and getting LAHO back on track with the SEC.
When they start receiving letters from several attorneys on this, I'd bet that they will redouble their efforts to get LAHO up and running again as fast as they can.
It may take until April of 2020 or so for them to get it done with LAHO. The SEC is a bear to deal with. And it all costs money too. So they are needing working capital from MSSV also to accomplish this task. Its a catch 22 so to speak.
Everyone......this isn't over yet.
IMO
4