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The Go Eco Group (LIBE)

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Last Post: 5/24/2017 2:15:38 AM - Followers: 188 - Board type: Free - Posts Today: 0

THE GO ECO GROUP
(formerly, Liberated Energy, Inc)

 http://www.liberatedenergyinc.com/

 


THE GO ECO GROUP (OTC: LIBE) reported ZERO REVENUE in FY2016 and 1Q/17, $88K in cash and $927K of convertible notes at the end of 1Q/17.


On Feb 17, 2017, THE GO ECO GROUP (OTC: LIBE) filed the following Form 8-K/A

In previous Form 8-Ks and amendments thereto filed with the SEC on September 21, 2016, October 17, 2016, and November 17, 2016, we announced the following:
 
1.
On September 14, 2016, we entered into a Stock Exchange Agreement (the "Agreement") with Ron Knori ("Knori") the owner of EcoCab Portland, LLC, an Oregon Limited Liability Company ("EcoCab"); EcoCab; and, Brian Conway ("Conway"), wherein we agreed to acquire from Knori 100% of the ownership interest of EcoCab in consideration of issuing Knori 25,553,000 restricted shares of our common stock. Further, as set forth in the Agreement and as further consideration for the acquisition of EcoCab, Conway, our president, agreed to transfer to Knori, 10,000,000 shares of our Series A Preferred Stock which Conway owns and which constitute all of the issued and outstanding shares of our Series A Preferred Stock. Thereafter, EcoCab will be our wholly owned subsidiary corporation. Knori and others selected by Knori will replace Conway and others as directors and officers. Conway will continue to own 11% of our total outstanding shares and his interest will be non-dilutive under certain circumstances. The Agreement is subject to the condition that all of our liabilities will be paid and we shall have executed an agreement with third parties for the ingestion of $200,000. Closing must take place on or before October 31, 2016.
 
2.
On October 11, 2016, we executed an Amended and Restated Stock Exchange Agreement (the "Amended Agreement") which revised the Agreement by reducing the number of shares to be received by Knori from 25,533,000 to the following: (1) at the first closing, we will issue Knori a number of shares equal to 20% of our total outstanding shares of common stock; (2) if certain conditions are met, at a second closing, we will issue Knori shares which will vest Knori with 30% of our total outstanding shares of common stock; and, (3) if certain conditions are met, we will, at a third closing issue Knori additional shares of common stock to be agreed upon by the parties. If we cannot agree upon the number of shares to be issued, the matter will be submitted to binding arbitration. Also, subject to the satisfaction of certain terms and conditions, we will issue Knori a number of shares of preferred stock. The Amended Agreement is subject to the ingestion of $400,000.
 
3.
Also, on October 11, 2016, we executed Addendum #1 to the Amended Agreement ("Addendum") wherein Knori agreed to assume liability for all liabilities not identified on Exhibit A and B to the Addendum.
 
4.
On November 1, 2016, Ron Knori assigned, transferred and conveyed to us all of the membership interests of EcoCab Portland, LLC, an Oregon Limited Liability Company ("EcoCab"). EcoCab is now a wholly owned subsidiary of Liberated Energy, Inc. Concurrently therewith we issued Mr. Knori was issued 360,000 restricted shares of our common stock as partial performance of the terms and conditions of the Amended Agreement and Addendum aforesaid.
 
5.
On September 7, 2016, we issued a promissory note to Carebourn Capital, L.P. in consideration of a loan to us in the amount of $197,363.70 for the payment of certain outstanding liabilities. The foregoing promissory note contains provisions that allow Carebourn to convert the debt into shares or our common stock.
 
6.
On September 16, 2016, we issued a promissory note to Carebourn Capital, L.P. in consideration of a loan to us in the amount of $25,000.00 for the payment of certain outstanding liabilities. The foregoing promissory note contains provisions that allow Carebourn to convert the debt into shares or our common stock.
 
The transactions as described in the foregoing Form 8-Ks and amendments thereto have not been completed as of the date of this report for the reason that Knori has failed to perform certain acts which he contracted to do, has failed to complete the terms of the agreements, and certain statements made by Knori in the agreements aforesaid have been found to be materially false.
 
We are endeavoring to resolve these issues with Knori, however there is no assurance that the matters will be resolved and as a result thereof we may terminate the foregoing agreements with Knori and sue him for actual and punitive damages as provided for by law.
 
ITEM 8.01       OTHER EVENTS.
 
It has come to our attention that Ronald Knori ("Knori") the person described in Item 1 above continues to represent to the world that he is an agent for Go Eco Group, formerly Liberated Energy, Inc. and Eco Cab Portland, LLC and has authority to speak for and bind the aforesaid entities. This is to serve as notice to the world, that Ron Knori is not an agent for Go Eco Group, formerly Liberated Energy, Inc. or Eco Cab Portland, LLC. and he does not have any authority to contract for, speak for or bind Go Eco Group, formerly Liberated Energy, Inc. or Eco Cab Portland, LLC. Anyone who relies on Knori's statements relative to Go Eco Group, formerly Liberated Energy, Inc. or Eco Cab Portland, LLC. does so at his own risk and Go Eco Group, formerly Liberated Energy, Inc. or Eco Cab Portland, LLC will not be bound by Knori's statements.
 
 

Ecocab Portland posted the following on its Facebook page on February 28, 2017                                                                                           

Ecocab Portland's Facebook post announcing closure
https://www.facebook.com/permalink.php?story_fbid=1330140817024544&id=714789765226322


 





 

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LIBE
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PostSubject
#33763  Sticky Note Involuntary Chapter 7 petition filed against EcoCab Det_Robert_Thorne 04/11/17 12:40:54 PM
#29602  Sticky Note $LIBE recent news/filings mick 01/18/16 03:30:48 PM
#33789   Sorry to respond to an old post, but surgeon_general 05/24/17 02:15:38 AM
#33788   .31 in volume. Major movement here xxassaultxx 05/19/17 05:17:19 PM
#33787   75k wow. That sucks. When the imrichbeotch 05/16/17 10:40:25 AM
#33785   Naw just a bag holder lol. imrichbeotch 05/15/17 09:14:30 PM
#33784   Welcome to penny land. imrichbeotch 05/15/17 09:13:24 PM
#33782   http://www.otcmarkets.com/stock/LIBE/quote mick 05/14/17 10:54:06 AM
#33781   Liberated Energy, In (LIBE)/ The Go Eco Group (LIBE) mick 05/14/17 10:38:38 AM
#33780   Winters =scam artist imrichbeotch 05/09/17 04:36:55 PM
#33779   So how long has it been since Winters Investophile 05/09/17 03:35:13 PM
#33778   Due to the 9/8/2016 1:3,500 reverse split Det_Robert_Thorne 05/08/17 01:33:02 PM
#33777   Why did the stock go to 35 cent Milan3902 05/08/17 03:31:14 AM
#33776   Doc--you are a debt holder? Gailm 04/28/17 03:06:16 PM
#33775   The SEC has become MUCH more active and JayBPee 04/19/17 10:04:44 AM
#33774   Thanks JB!! I have an SEC Attorney on Chidoc50 04/19/17 10:01:16 AM
#33773   https://www.sec.gov/reportspubs/investor-publications/complaintshtml.html JayBPee 04/18/17 07:21:45 PM
#33772   Major volume here. Somethings brewing. xxassaultxx 04/18/17 03:28:32 PM
#33771   I believe he did the old watch my Bruce the Stock Guy 04/13/17 07:40:07 PM
#33770   Is all a very confusing situation. Did Investophile 04/13/17 04:54:59 PM
#33769   Lol!!! Chidoc50 04/13/17 11:15:32 AM
#33768   In a word, "no." But... Carini 04/12/17 11:44:22 PM
#33767   Is it even FAIR that we are left Chidoc50 04/12/17 11:09:27 AM
#33766   Thanks det. My thought is same. bme 04/11/17 03:44:39 PM
#33765   I don't think so, since merger never consummated Det_Robert_Thorne 04/11/17 01:10:46 PM
#33764   Would a petition for Chp7 against EcoCab apply bme 04/11/17 01:06:15 PM
#33763   Involuntary Chapter 7 petition filed against EcoCab Det_Robert_Thorne 04/11/17 12:40:54 PM
#33762   You'll be excited on what he's got in xxassaultxx 04/10/17 08:25:12 PM
#33761   So, other than painting the stock Gailm 04/10/17 02:10:46 PM
#33760   Liberated Energy, In (LIBE) mick 04/08/17 11:28:52 AM
#33759   Well this stock exemplifies on thing Gailm 04/04/17 12:31:40 PM
#33758   medbox... lol. They got my 100 bux. lol Uboat 04/04/17 11:04:50 AM
#33757   I was told it's not over until it's Chidoc50 04/03/17 02:00:47 PM
#33756   So, is this stock done and over with? yes9 04/03/17 05:07:51 AM
#33755   Here it is.... Carini 03/30/17 09:41:19 PM
#33754   That reminds me of a recent SEC complaint Carini 03/30/17 08:46:35 PM
#33753   Hey I understand man... but I went further Chidoc50 03/30/17 07:50:41 PM
#33752   Panther you need to fix the autocorrect. It's pennyscam xxassaultxx 03/30/17 06:58:54 PM
#33751   Like I have said in the past , Panther 03/30/17 05:55:19 PM
#33750   Can you spell PennyStock ? Panther 03/30/17 05:52:11 PM
#33749   What's worse... Someone is still buying this stock! Uboat 03/28/17 02:54:15 PM
#33748   So sad.... someone deleted my reply xxassaultxx 03/28/17 10:37:17 AM
#33745   Is there any way to blame Pringle for Carini 03/25/17 06:43:49 PM
#33744   Lol. Thats just wrong imrichbeotch 03/24/17 10:10:12 AM
#33743   So I guess thats that with this stock? yes9 03/24/17 04:11:08 AM
#33742   Ps the word was Honest!! Lol Chidoc50 03/22/17 06:51:23 PM
#33741   I have always been 100% invest...Thanks for the Chidoc50 03/22/17 06:50:41 PM
#33740   integrity still exists. it's just not easily Investophile 03/22/17 05:39:25 PM
#33739   You're right Chidoc50 03/22/17 05:37:20 PM
#33738   That could be cut and pasted onto any Carini 03/22/17 05:23:33 PM
#33737   How absolutely disgusting the number of people who Chidoc50 03/22/17 04:47:25 PM
#33736   Liberated Energy, In (LIBE) mick 03/22/17 01:35:58 PM
PostSubject