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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?

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To: Micheal Stephenson who wrote (465)2/9/1998 10:34:00 PM
From: Euan Hayward  Read Replies (3) of 619
 
Welcome to the thread Micheal. Why are you certain that the company is taking steps to deal with the IR problem? I have talked to them several times about the issue and have been told encouraging things, but results have failed to materialize.

Also, what are your thoughts on the dilution issue. I haven't had a chance to run through the numbers myself but according to Ben's calculations from FY #s (in post #460) the rate at which dilution is occurring is quite high. In Q1 it seems that the trend is continuing. Lenox has issued a substantial # of convertible debentures already this year. I would greatly appreciate it if you could ask the KK and DD how/if they plan to address this issue.

Thanks,
Euan Hayward
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