Wow, you are not kidding! I've owned since sometime last September. So, i've seen a coupla spike ups. The most recent 10q can be found on YAHOO if you want to get a good idea as to what the company has been up to, and what they plan on doing. You should check it out, as LNST has possibilities...just some cash problems of late. If this puppy can get pick itself up, anything is possible. Remember, this stock in the summer of 97 was around $6 bucks. So, if LNST can turn itself around, a price of $.03 may not be a bad investment. Of course...these are big "ifs". Of interest is one section of the most recent earnings report:
"The Company has completed its contract for the sale of its Montana property, and the successful closing will correct the critical short term financial situation, including providing the capital necessary to carry the Company into independent certification of the Fresh Catch and By-Pass Chiller technology. With independent certification, the Company believes that it will then be able to secure long term financial assistance through a variety of options, including sale of production, marketing, and distribution rights, or a possible merger into a larger company in the refrigeration, and air conditioning industry."
Well, good luck! |
