Subscribe to this topicForums > L&L Credit Reporting Agency and Business Services > Topic: Answer for last noted Bankruptcy question
| May 19th, 11:54 Monmakr Allen |
Answer for last noted Bankruptcy question | |
| Scott asked a question that I would like to hear an answer for? | ||
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| May 19th, 14:04 Lindsay Druart |
Re: Answer for last noted Bankruptcy question | |
| This issue with that debt is between Scott and LCA. | ||
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| May 19th, 15:11 Scott Nestler |
Re: Answer for last noted Bankruptcy question | |
| And for the record, an issue yet to be resolved. | ||
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| May 20th, 05:23 Stryker Yoshikawa |
Re: Answer for last noted Bankruptcy question | |
| I also start to question what will happen with the shares. Still got 25K of them. Earlier you wrote to inform about this not later then 18th of May. Do you have an update? |
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| May 21st, 06:39 Lindsay Druart |
Re: Answer for last noted Bankruptcy question | |
| http://lindsaydruart.blogspot.com/2008/05/future-of-l-brand.html | ||
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| May 21st, 12:22 Scott Nestler |
Re: Answer for last noted Bankruptcy question | |
| Can we get clarity on the comment "A portion of LCA debt will be included." What portion and why not all? -Scott Nestler |
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| May 21st, 12:57 Ivan Halfpint |
Re: Answer for last noted Bankruptcy question | |
| LINDSAY Writes: 'Currently, LLL trades at about $1.50 a share with LCA and LNL at just below $.50. All stock will be converted to the new company ticker, LLC, to be listed on SL CapEx, based on the LLL share price. In addition, L&L Liquidation Fund will be rolled into this with the same conversion. All outstanding linden debt from LLFS will be converted as well. A portion of LCA debt will be included. In order to rise from this and be able to offer a sound trading platform for the brand, there will be no promise of buybacks or dividends. There will be a dividend schedule posted so that shareholders are aware of the stipulations for a dividend to be paid.' ---- Hold the phone where is LLL trading at currently for $1.50? Secondly has Bogart OK'ed this conversion plan? Druart and her companies are a walking disaster - having this new crazy Druart concauction 'LLC' is only going to furthe hurt confidence in SLCAPEX. Why doesnt she just pay people what she owes them intead of conjuring up all these crazy stock conversion schemes and 'liquidation funds'. Bogart can we get some confirmation that you Ok'ed this plan? Was there any other consultation with other major stakeplayes in SLCAPEX. Remeber this is the same woman that when two of her companies were collapsing has schedueled a shareholder meeting to deal with the crisis in September! Helloooooooooooooo |
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| May 21st, 13:15 Scott Nestler |
Re: Answer for last noted Bankruptcy question | |
| FYI, LLL trades on LLFS's website | ||
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| May 21st, 14:00 Lindsay Druart |
Re: Answer for last noted Bankruptcy question | |
| Bogart is ALWAYS included in plans regarding the L&L Brand out of respect for his business knowledge and opinion. Bo and I talk at length regularly about many things and it has been that way since the day we met for the most part. I never scheduled a shareholder meeting in September. It was sarcasm for one and somewhat feasible with my current schedule and the hours that I am usually in SL with full attention in SL. And actually, at halt, LLL was trading at 1.78 so that is the base conversion that would be used. Also, about $2.5 million Linden was spent on EACH of the LNL and LCA websites that are now not generating that which the current liability actually equals just above that......So Ivan, tell me how I can liquidate a website to make $5 million linden back? Selling incomplete software is not the "buzz" item in technology right now, but since you have all the answers, please do share. You have NO idea what is owed and you have NO idea what has been paid so frankly....unless you know....shut the hell up... :) It is always nice to read the opinions of the uninformed. |
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| May 22nd, 05:26 Ivan Halfpint |
Re: Answer for last noted Bankruptcy question | |
| You spent $10,000 on LCA website? Why and How? There is nothing thee and there - never has been…… I wouldn’t expect you to get anything back by liquidating the LCA website – it is useless….. Frankly I don’t care what you spent in the past on what. Here is what I do know LNL is a walking disaster – failure after failure and you just keep coming up with hairbrain schemes that fail…… Here is a good plan for you – liquidate everything you own – pay your debts and I there is anything left over (which I doubt) pay your shareholders who have suffered through your flights of fantasy. Then you can focus your time in the RL since you are so busy – then maybe we can finally see Lindsay Banks spring up everywhere *rolls my eyes* If I seem harsh it is only because I don’t like people who dodge their debts and make up dodgy excuses – you are dodging around trying to separate all your business – well this is LCA and LLL can be responsible cause LFR and LER and LWS are separate from LZQ – therefore LMK is really responsible because LED didn’t pay LCC. Whatever the new business is that Bogart is apparently going to allow I hope it has more success then the past LNL disasters – but I doubt it – good luck shareholders. PS - when guys like me shut up companies like LNL and MNM have free reighn to trample shareholder - which is why I keep talking. I am not here for personal gain I just like giving investors a heads up to some of the garabage that goes on around here - its a valuable service in my eyes. Cheers Ivan |
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