SEDAR files, checked through them and LSL was former first base, and onto second instantly, but this time as a potential short. And when I saw the true name of the individual who was running the show from backstage, a certain infamous Bobby Genovese, it went right to a home run. On Friday morning Then, my big idea was shattered by this (22), an SEC news release halting trading in the stock.
We can translate that for you. It means that the SEC believes there reaches least one large holder of LSL stock (and probably several) that has not done the right thing and filed their total keeping in the stock to the regulators. What follows is an instant rundown of datapoints on the organization framework and folks behind LSL, unearthed from your author in the time Wednesday to Friday as well as a few of the many data points exposed by the survey. It’s much less long as it was going to be if the SEC hadn’t halted the stock and scuppered the short play, but you should get by it plenty of ideas.
The company has around 81m stocks excellent. Around 65m of those shares were issued at a portion of a penny and are now held in offshore accounts (that’s reliable off-record). The majority of those 65m very cheap shares are kept by Robert Donald Bruce Genovese, recognized to friends and foes alike as Bobby Genovese or sometimes simply “Bobby G”. We’ll call him ‘Genovese’ from here … Read more