lsl and irl, page-3

Well the only link I can see between LSL and IRL lifesgood is for LSL to negotiate/contract away any business risk to LSL.

And the other common thing is the downward trending shareprice. Small cap. high risk. fancy announcement. little assets. Hmmm would I believe what either of these 2 co say? Gut says no.

Look at Surdra. Profitable? How much did they spend on the Surdra development? 15M I believe. Correct me if I'm wrong.

Upon the Prism announcement I has held IRL for 4 long years and sold at 94% loss. But I have since doubled the remaining 6% since exiting from IRL.

IRL would have been better putting the 15M in the bank/bonds and getting 4-5% on it.

Dissappointing really. I thought IRL had something going for it but all I have recieved is a valuable lesson. Look at IRL fundamentals. Look at IRL cash burn and lack of return on assets at Surdra. Look at the dirt cheap (loss making) prism deal. Look at other potential loss making (LSL) deals. A similar theme here... BIG CASH INVESTMENT and yet little RETURN. But wait, in 5years they will make a profit won't they and in 5 years they will have all those indian connections with which to "rub" shoulders with. And won't india be the place to be by then?

Well, show me something concrete, not a wishy washy document like the MOU.

I love it how LSL paints IRL as the pristine company full of professionals and expertise. That is straight from IRL, I have seen those wording in previous IRL documents, and I really believe that, really.

Don't get me wrong, I hope IRL succeeds, so that shareholders can get their money back. I remember the days when IRL was 30c per share... late 2007 I think? And to think I was in profit by 33% at that time. Should have sold!!

of looking at the fundamentals and