Hi all,
To say that I'm extremely disappointed with what's transpiring here would be a gross understatement. I've been a shareholder of LNGL for over ten years - through the highs and the lows - but have always believed in the future prospects of the company, hence not selling out near $5 some years back.
With 20/20 hindsight though I'm now deeply regretful that I didn't take a $1.25M profit back then, and am now looking at a $190k loss - both of these scenarios are life changing to a certain degree, but unfortunately not in a good way with the latter!
The thing that I'm most frustrated / annoyed / passed off about is the sudden change in language from the company - particularly the last bullet point under "Important points for LNGL shareholder consideration" from page 2 of the Takeover Release (underlined on the attached pic).
The language in this release, and particularly this bullet point, is completely contrary to what management has been pedalling for years, despite no changes in the global economic landscape, obviously with the exception of Coronavirus.
I'm extremely disappointed with management, and how all of this has been handled, and I strongly believe that they have a case to answer, with respect of all Shareholders, but particularly LT's.
For anyone else out there who is feeling completely shattered by all of this, just try to keep sight of the fact that although it may seem really bad right now, even perhaps insurmountable, it is only money and it will pass - things will get better.
If you're feeling particularly down make sure you talk to someone - even if it's just a friend. Just by simply getting it out you can sometimes find that things don't seem quite so daunting.
Good luck to all, and I'm very happy to discuss any prospects of action moving forward - I've been involved in a large case previously so have a good understanding of what's required.
Cheers and just remember - there's always alcohol!!!