Ngen Technologies Holdings Corp. (fka NGRP)

[Det_Robert_Thorne]

380K dilution shares in 2Q/17, more coming soon

Not worth spending much time on, but in mid-May, LIBE filed both its 10-Q for 2Q/17 (qtr ending March 31) as well as an 8-K announcing that its CPAOB CPA, Enterprise CPAs, Ltd, had dumped LIBE as an account.

As expected, the 10-Q showed that there was no revenue generated during the quarter, while the company spent $226K. I'm sure that some of that was Conway's salary.

LIBE took on another $33K in convertible debt during the quarter, and it issued 380K shares to Carebourn Capital to reduce $16K of debt, at an average share price of $0.042/share.

I think that Carebourn has more debt that's convertible now, and another $175K of notes issued to Carebourn and Power Up Lending on Dec 13, 2016, so those notes will become eligible for conversion in another couple of weeks.

Link to the 10-Q:

https://www.sec.gov/Archives/edgar/data/1503161/000100201417000088/libe10q-03312017.htm

And here's the link to the 8-K announcing the change of accountants:

https://www.sec.gov/Archives/edgar/data/1503161/000100201417000092/libe8k-05172017.htm