LRSY Reporting shell looking for a business Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : LRSY Reporting shell looking for a business

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Bishop who wrote ()	3/23/2000 6:12:00 PM
From: Jim Bishop	Read Replies (1) of 41

To: SSP who wrote (38924) From: john Thursday, March 23, 2000 12:54 PM ET Reply # of 39072 LRSY, 10 million shares outstanding 3 million in the float 7 million held by 4 insiders 5 million held by C Lanzisera age 60 Chairman President and Treasurer the additional 2 million held by insiders is split amongst the following, W Hinchcliffe age67, C Neiviera age 37, H Kash age 65. The above information was discussed in a conversation with C Lanzisera....... If you look at the latest 10K the share structure was incorrect it has changed since that filing. This is a reporting shell, they have been looking at deals and talking to people, nothing is yet signed. The last time the company actively received any significant revenue was the first half of 1993. Year ending January 1999 the income was essientially 128 bucks.......... They have negative retained earnings of 7.3 million bucks, thus I imagine they have a tax loss which would be of some value to the company against future years income. The 10 K is available for viewing on free edgar. j

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next