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Re: Info3 post# 1707

Monday, 07/17/2017 7:44:35 PM

Monday, July 17, 2017 7:44:35 PM

Post# of 2131
Doctor I need some advice, how much...
did you say Maricunga is worth from the study?

Info3,

From page 10 of the last LIEG 10Q you will read:
As of March 31, 2017, the Company had no source of current revenue, a cash balance on hand of $1,631 and negative working capital of $1,901,559.
The Company’s current negative working capital position is not sufficient to maintain its basic operations for at least the next 12 months
.
Click Here for most current 10Q

If you are truly concerned about knowing the details of our (LIEG) Maricunga worth, I suppose you could look at the last March 31, 2017 balance sheet and perhaps glean the numbers you need to satisfy your question.

Consolidated Balance Sheets - USD ($) Mar. 31, 2017
Current assets:
Cash $ 1,631
Prepaid expenses and advances 68,043
Total current assets 69,674
Equity investment in Minera Li 6,160,771
Total assets 6,230,445
Current liabilities:
Accounts payable 399,353
Accrued expenses 357,711
Common stock payable 236,678
Notes payable 50,000
Convertible notes payable, net of discount of $52,411 and $349,081 respectively 472,590
Long-term notes payable to MSB SpA 454,901
Total current liabilities 1,971,233
Long-term notes payable to MSB 0
Total liabilities 1,971,233
Commitments and contingencies 0
Common stock subject to rescission, 65,000 shares issued and outstanding 3,041
Stockholders' Equity:
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding 0
Common stock, $0.001 par value, 990,000,000 shares authorized; 502,829,707 and 495,153,347 shares issued and outstanding, respectively 502,829
Additional paid-in capital 72,697,881
Accumulated deficit (68,944,539)
Total stockholders' equity 4,256,171
Total liabilities and stockholders' equity $ 6,230,445

I hope this helps you in your search for truth.

The Doctor


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