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Re: Det_Robert_Thorne post# 58211

Friday, 10/12/2018 7:15:28 PM

Friday, October 12, 2018 7:15:28 PM

Post# of 86313
10/1/18 OS: 630,989,121, up 94.7M (16.9%) in month

LIBE's Transfer Agent, Olde Monmouth, just updated LIBE's OS (Outstanding Share) count at OTCMarkets, and as of October 1, 2018, it is now 630,989,121 shares. That's a 94.66M (16.9%) increase since the Sep 1, 2018 report of 539.8M. Roughly 74M shares were added in the three weeks since LIBE reported 560.3M shares as of Sep 11, when it filed its Pre-14C announcing the increase in the number of Authorized Shares from 2 Billion to 6B.

On Sept 8, 2018, three days before CEO Conway filed for the AS increase, I wrote the following:

Since April 1, LIBE has added between 67M and 113M shares/month, so it's a pretty safe bet that with only 60.3M shares needed to crack the 600M barrier, we'll see that number fall when the TA next reports the OS in early October.


On Sept 11, I wrote that it was possible that LIBE could hit 700M shares before the end of Sept, but that prediction was wrong. Instead, because note conversions are now happening at a price of $0.00017, it is all but assured that LIBE will hit 700M sometime in October.

Here is the data from the OTCMarkets site, followed by my Excel chart showing the insanely rapid share increase since February:






https://www.otcmarkets.com/stock/libe/profile

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