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

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To: Micheal Stephenson who wrote (523)9/17/1998 10:42:00 PM
From: Ben Marfield   of 619
 
<< If the stock goes any lower you may see new management anyway by attrition. >>

The emotional/financial circumstance is not going to lead to a manager's leaving, if that's what you mean. Too much promise. Too much fun talking about the promise.

The founding father no longer has the share of ownership necessary to control the firm. I'd prefer that he feel comfortable with the change to come, but here's the truth: though Ken excels in the technical arena, he must reduce his day-to-day oversight. The change must be unambiguous.

If such a change is not announced within weeks, we ought to call in the lawyers. A successful legal strategy is possible, with the necessary steps costing at least $10,000 Canadian and maybe three or four times that. What a waste! But the expense may be necessary.

The next annual meeting is February 26 in Toronto.

<< It is amazing that so many good people are involved in this. >>

Most of the Lenox groupies are serious, competent, and more-or-less emotionally balanced.
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