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Technology Stocks : LBAS - Location Based Technologies -- Ignore unavailable to you. Want to Upgrade?

To: notimetowaste2 who wrote (126)	4/23/2010 1:57:33 PM
From: koolaid	Read Replies (1) \| Respond to of 152

"was no attempt to even execute the SPA and make the first transfer" - how do you know? Could they have held out to let the stock price drop down lower before making the first payments thus getting cheaper price and better return? If I were them that is what I would do, plus wait until LBAS drew closer to AT&T approval.

To: notimetowaste2 who wrote (126)	4/26/2010 11:28:13 PM
From: koolaid	Read Replies (2) \| Respond to of 152

If you are in the business, it shouldn't be to hard to give me a couple example companies and exhibit #'s of SPA's for me to look over. Also, you mention the stock decline over the preceding 30 days as a reason the SPA is BS. Although I am an amateur, I would look a lot deeper into the company than just a 30 stock price before I invesed $10 mill. I would hope the execution date of 2/8/2010 for this contract was only made after several months, if not a year or more, of due diligence. Regarding your comment about the stock price being manipulated and proped up because you can't buy or sell even 1% of the stock without greatly affecting the stock price, I thought that was par for the over the counter course? If not, this amateur would appreciate some more examples of OTC companies that can handle higher than 1% volume days without a significant price change. I am open minded to everyones opinion but would appreciate some back up.