Friends of Cigawatt

[BullishGuru]

Great stuff coming! Patience will pay!

[Magnum7419]

Hard to find Positive info IMHO !!!

Buxxxxxxru Saturday, 02/23/19 11:57:36 PM

"Papers will be signed either Monday or Tuesday and sent over immediately to close the deal; Portland Resolution is to be addressed this week and all convertible notes are cleared."

[Magnum7419]

Please tell more about early closing !!!!!



"It’s going to be before 03/01, he’s trying to close it quick. He’s got scans and doctor appointments all day tomorrow so he won’t be able to get around to it.

But he’s got another Vape partner potentially who will sign.. $LIBE is now debt free.. and no dilution. This is pure retail.

Plus, HUGE CBD Ambitions and growth. "

[BullishGuru]

AWESOME, let’s get those individuals boarded.

[Magnum7419]

February 19 at 9:32 AM ·
"Due to the nature of this deal we had to search out and vet a local auditor in order to do an on-site audit of the Cigawatt financials as well as hard lined inventory. This posed an unusual long weekend making contact with auditors in and around the Kansas City area. We were able to find small handful of them, and one by one weeded through them for various estimates including their timeframe to complete, cost to conduct, or even their ability to work with an OTC company’s audit.

We are glad to announce that we have found one that is going to work out for our situation and will be able to get the audit completed within the 75 day timeframe required after soft closing is filed. To accommodate the auditor, we have set the close at the March 1st, 2019 date. We have reached a new phase here and we thank all our loyal shareholders for their support during this process and look forward to announcing and welcoming the new Cigawatt management team."

[Magnum7419]

February 12 at 10:11 AM ·
"These are the steps to complete this deal. We are proceeding with the 3rd step as of tomorrow with an in person meeting with Cigawatt’s management team.

1. Letter of Intent:

* Executed and filed.

2. The Details Prior to Going Public:

* Organizing CW’s financials. P&L statements, liabilities, etc. We’ll need these for an audit during a closing but I’ll have to have reviewed them prior to soft close

* Due Diligence Questionnaire. This is a long, detailed document our lawyers have drawn up that asks questions regarding the CW company.

* LIBE’s Filings. All of the details of our company are publicly disclosed and audited every 3 months. All liabilities to be addressed

* Develop Closing Contract. During this time we’ll determine exactly how the transactions, payments, share structure, etc. All the details of how we do the deal are negotiated before we go to contract.

3. Soft Close:

* Execute Closing Contract. We’ll provide a TBD sum of capital at this point which is exchanged for 100% of CW shares

* CW Audit. We’ll have @ 75 days to have CW audited by a third party auditor.


4. Hard Close:

* Completion of Audit. Once CW’s audit is complete and filed we release the control position to CW and resign the CEO. CW takes
over and elects board members."

[Magnum7419]

CigaWatt the Burg
February 5 at 1:11 PM ·
We want to quickly update that we have signed a letter of intent with Liberated (LIBE) to proceed with making Cigawatt a publicly traded company and allowing us to bring our products and Buisness concepts to many other communities. We are looking forward to all the future holds

February 6 at 11:25 AM ·
"We stated yesterday that a Reverse Split (R/S) has not been discussed at all with this merger. I want to reiterate that with our current share structure CigaWatt has plenty of room for growth without needing to adjust it in any way in the near term. They have a very solid plan in place for the future that will allow them to consider many options besides a simple reverse. Please keep in mind that there will be a change in management as the current CEO will be turning over voting control to the new CEO/ management team..

We will be keeping everyone updated on progress via social media while we issue out payments to various liabilities (Portland for example) and will follow up with filings in a few days. Again, things are moving quickly and we'd like to thank our loyal shareholders as we realize this has taken far longer a process than we initially anticipated."

[Magnum7419]

"CigaWatt the Burg
November 21, 2018 ·
We are happy to be the first to announce that we are in negotiations with Liberated Energy (LIBE) on a merger. Don’t worry about the name as we will change that to something more fitting down the road, and the core Brick and Mortar locations will remain Cigawatt.
We hope that all our loyal customers will take a small slice of our company as we have great plans to grow it out in 2019 and forward with all the changing laws."

[Magnum7419]

http://www.cigawatt.com/?fbclid=IwAR1QAiqox5LhKOY3llLxigFsUj8oZQ9uZ5v_cGTR-7-dnapSE4RbYRBUl38

[Magnum7419]

https://www.facebook.com/CigaWattLounge/

[Magnum7419]

This room is for positive thoughts and opinions on Cigawatt becoming a public company via LIBE shell......

https://www.facebook.com/Cigawatttheburg/