Ann: Breakaway Research Report and Corporate Video, page-41

Agreed....your theory is supported in that the perpetrators may have just shown themselves via a reverse dump back into 1.5c.

Quick calcs as to why these games may be at hand. Under the offer and hypothetically speaking at time of writing;
1 LIT share for every 13.25 LPD held;
So, if I were holding 1,325,000 shares in LPD at current value of 1.5c = total realisation is $19,885.00
The deal would see this become 100,000 LIT shares at current value of 15c = total realisation of $15,000.00
I feel our price will be suppressed a little longer due to these numbers as an example.

Fancy a loss anyone ? Most importantly, fancy releasing all of our progressive FA to another entity ? I really trust JW, TD and founder of LMax GJ. My money will be safe in their hands. No doubt. For those that have not read the full report, see it here;

http://www.breakawayresearch.com/_literature_226408/Lepidico_Ltd_-_March_2017_Report

Makes you wonder doesn't it - why and how such games are allowed to occur in the market.