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I am a prudent investor. Dividends like clockwork, zero debt and making great business acquisitions - what's not to like? Imagine for a moment that you are a 500 million dollar snack food company targeting approximately 20 to 25 percent of the US. (Approx. 50 million people who have a greatly diverse selection in snack foods) Now you add an exclusive agreement to market snack foods to new target market of which a single city is the equivalent of your current entire target group. Imagine further that this new market has a very limited number of snack choices. Further, the distribution arm has an agreement with Warner Bros. to place their cartoon characters on the packaging of your snack food products. (The very characters that are number one with the children of this new market) Sound like a pipe dream. No, it is simply what Lance has done in entering into the exclusive agreement with China Peregrine. Read the details of this in the on-line investor news forums. Do your homework. Now is the time to acquire LNCE stock while it is at a low before the revenue streams from this new marketing agreement kicks in and drives the price through the roof.
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