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Anyone want this fraud revoked next?
Just an opinion...and I fully agree; LFER Much better off without Charlie Scott.
MUCH!!!
Welcome! Best of luck!
You left off beverages
Hold on for dear LFER
Thank You my friend,
I'm Definitely not going in too deep on this just in case. I threw a few dollars at this. Not buying anymore just in-case they get on the Grey Sheets.
Either way I believe they are better off without Charlie Scott. Hoping they can get things done in time.
Hi, DT
I think you may want to be cautious. Just trying to point out that LFER year end was May 31st. Not your normal 12/31. Their Q1 Ending is August 31st. Due Oct 15 no later unless a 5 day extension gets filed.
So based on OTC Market Rules for keeping Quotations for a sec reporting company.
They are 1 year behind on their Annual Report and delinquent. So if they miss Q1 in 4 days and do not file their Annual Report first they will over lap sending them to gray Sheets because this is an SEC reporting company.
They cannot file their Q1 without filing first their Annual Report 10K which is past delinquent.
Had LFER been just a pink sheet. All would be needed in an Annual report prepared with GAAP financials and a Verified Profile + Transfer Agent.
So I wouldn’t dive in too deep until your 100% sure they are not going to Grays after Friday. You may want to Contact OTC Markets to protect yourself.
Best of Luck.
Regards
Smitter
That is correct xanadu. The merger was cancelled and CareClix has reverted back to SOLI now. Any shareholders from SOLI should post messages back on the SOLI Board.
LFER will be moving forward as its own entity now with former management. LFER has nothing to do with CareClix or SOLI going forward.
DT, I just read your reply on the SOLI board so disregard my question. Seems it may be to the point that singing "So Long It's Been Good To Know Ya" might be appropriate.
DT, I once was told that I have a thick head which by now has turned into mush. By the board conversation am I to conclude that apparently never converted SOLI shares are now dead?
I do believe this will be a longer-term hold. Probably six months to a year, but it definitely will be worth the price of admission at today's prices under a penny with this share structure.
We will need to see management get us current first. Then wait for a new business plan, or merger. I think management will be more careful in who they merge with after the Charlie Scott Experience. LOL
There is definitely potential here for the LFER future.
LFER SECURITY DETAILS
Share Structure
Market Cap Market Cap
876,238
10/07/2022
Authorized Shares
200,000,000
09/30/2022
Outstanding Shares
71,822,753
09/30/2022
Restricted
44,740,799
09/30/2022
Unrestricted
27,081,954
09/30/2022
Held at DTC
25,736,941
09/30/2022
Float
14,702,792
https://www.otcmarkets.com/stock/LFER/security
I actually have to agree with you on this. Now that the former LFER management has been restored they will bring LFER current.
Right Now LFER is just an empty shell with a very decent share structure. LFER with the right merger or business plan could see some very nice gains in the future.
LFER under a penny is a buy at these levels. LFER shareholders are much better off now that Charlie Scott is out of the picture.
This sucks for SOLI shareholders, but this is a blessing in disguise for LFER shareholders.
I am a buyer here:
10/10/22 Stock/ETF Buy 85,000 LFER Limit Day 0.0085 Executed
That's what I'm hoping for. But after three consecutive failures (Kloudgaze, SmartAxiom, Care Clicks), I'm not overly hopeful.
While this may suck for those swindled by SOLI, hopefully it’s a good sign for those of us holding shares before this SOLI nonsense came up.
Sounds like original management will be looking for something better for their LFER shares in the near future.
Let’s see where it goes…
Solinaires !!!!
Oh wait....
Yup, may Instant Karma nail all the insiders and promoters of this fraudulent scheme that decimated retailers.
I hope everyone made hundreds of thousands on the SOLI FRAUD.
Scott’s got himself in a big mess! Lol. Karma is such a bitch!
Well, that's all folks! Very sorry to see how this has turned out. So Long LFER!
8k Filed. Deal Terminated. RIP CareClix aka SOLI. Lawsuit filed by old management as well.
When will the CareClix website turn of?
incompetent is quite the understatement- total freakin criminal
Yep, been here a long time and yes Scott is incompetent, self serving, and possibly criminal. It was just my initial reaction given this merger has been slowly falling apart for months now and this ending might be one last wake-up call for Scott. Again, that was my initial thought but the history here is riddled with many failed attempts to course correct.
Yep. Too much mud, personally I prefer the start from scratch. But that’s just me. At least we are open to new acquisitions with a free ticker.
It’s maybe bad for soli holders, and sorry for that. Seems reminiscent of BBIG
Just my humble novice opinion.
F/T , you been w SOLI for some time..how is the acquisition not happening and us not getting our shares good?
Back to zero, literally
Maybe they come up w new plan.
Charles Scott is an incompetent as anything I have ever seen
How is this good? Unless I’m missing something, this sucks..the acquisition is not happening…LFER is gonna have to reinvent itself as it no longer has axiom and soli shareholders are back to zero..
Thinking the same thing.
The SOLI/LFER scam continues....
8k out too long for me ugh https://www.otcmarkets.com/filing/html?id=16124659&guid=0HX-kK_3v0qmB3h
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective with the filing of this Current Report on Form 8-K with the SEC, Charles Scott and Dr. John Korangy have submitted their resignations as directors and officers of Registrant and Jeffry Hollis has submitted his resignation as Controller of Registrant. The resignations are the result of the action filed by the Former Management seeking to recover their former positions with Registrant and to terminate the pending acquisition of the CareClix companies. Mr. Scott and Dr. Korangy have not appointed one or more successor directors or officers as they have no equity or other interest in Registrant, the Former Management is currently suing Registrant, and there are concerns regarding the conduct of Former Management before their termination, all of which indicate that new directors should appropriately be elected by the common shareholders at a Special Meeting of Shareholders.
None of Mr. Scott, Dr. Korangy or Mr. Hollis, and no other person or consultant affiliated with the CareClix companies, is a shareholder of Registrant, or has earned, received, or been entitled to any compensation from Registrant. All of the resigning directors and officers have been furnished with a copy of this disclosure by Registrant and all have expressed no need to respond to these disclosures.
8K out
On September 9, 2022, Former Management of Registrant filed a purported derivative action against Registrant and its purported Board of Directors, in the Court of Chancery of the State of Delaware, seeking:
1. A declaration that their removal as directors and officers was not valid;
2. Unspecified damages for “intentional mismanagement” by declaring the Interim Closing of the CareClix acquisition as the Final Closing and seeking to rescind the acquisition transaction.
Thank you and goodnight.
Insiders and promoters sail off into the sunset.
Or newly acquired farms and yachts.
https://www.yahoo.com/lifestyle/life-earth-inc-signs-purchase-150500248.html
Company Moves Forward To Complete The Acquisition of the CareClix Group Of Companies
New York, NY, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Life on Earth Inc, (OTC Pink: LFER) (LFER or “The Company”), a technology and software company, has signed the Share Purchase Agreement (SPA) with CareClix Holdings, Inc. (CareClix) to acquire the four CareClix subsidiaries (CareClix Group) in order to expand into the Telemedicine and Medical Software Services industry. The group of companies under the CareClix Group will operate as wholly owned subsidiaries. The subsidiaries consist of the Telemedicine medical services company, the direct-to-consumer company, software-as-a-platform company, and the RPM (remote patient monitoring) company. More information to follow on the details of the different operating entities and their functions. Please visit the company’s website for more information: https://www.careclix.com.
Mahmood Khan, LFER CEO added “Now that we have signed the SPA for the CareClix acquisition, we will be following through with the final logistics including required filings and registrations that coincide with a transaction of this type. Our legal and accounting teams will be directing both companies to make sure everything is in compliance so we can move forward with our growth plans for 2022 and beyond.”
Charles Scott, CareClix Holdings, Inc, Chairman of the Board, added “Our executive leadership already works well together, which is always a factor in transactions of this kind. The degree to which LFER executive leaders share the CareClix vision for telemedicine and more importantly the digital health future, is a huge confidence booster. We look forward to growing Life on Earth to the benefit of all our shareholders.”
Didn't LFER announce the supposed purchase (or merger) with SOLI? It you look at OTC Markets News service for LFER https://www.otcmarkets.com/stock/LFER/news
there are no such announcements.
Was that all a dream?
Mamy start-up service providers and friend/co-investors were paid for their services in now worthless stock. Stock that was probably held for future growth which doesn't appear to be happening. They, like us, are possibly holding something to use as wallpaper in their out-house or to wad up and lite to start a campfire with if we are lucky and have anything to cook.
Thanks for posting that. At least we know now. Let's see if the LFER crew can pull out of this nosedive with a new, and hopefully viable, business plan.
Seems that way. Kloudgaze. Smart Axiom. Care Clicks. Three strikes and they're out.
Why do you say that insiders and friends of management are also nursing their wounds?
I'm fearful that the time has passed for possible resuscitation. Consoling that insiders and stock holding friends of management are also nursing their wounds.
This will be my finale even if a faint pulse is eventually found.
So dissapointing did they just dissappear?
Another dead company run by clowns. These guys should be put in jail!
Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act.
Yeah, maybe. Who knows? Lol
This isn't a company. It's a fraud factory.
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FORM TYPE | RECEIVED | PERIOD END DATE | REPORT |
---|---|---|---|
10-Q | 04/19/2022 | 02/28/2022 | PDFRTFHTMLXLS |
NT 10-Q | 04/14/2022 | 02/28/2022 | PDFRTFHTML |
8-K | 04/11/2022 | 04/05/2022 | PDFRTFHTMLXLS |
8-K | 03/11/2022 | 03/08/2022 | PDFRTFHTMLXLS |
8-K | 02/10/2022 | 02/04/2022 | PDFRTFHTMLXLS |
8-K | 01/26/2022 | 01/26/2022 | PDFRTFHTMLXLS |
10-Q | 01/14/2022 | 11/30/2021 | PDFRTFHTMLXLS |
8-K | 01/06/2022 | 12/31/2021 | PDFRTFHTMLXLS |
8-K | 12/23/2021 | 12/17/2021 | PDFRTFHTMLXLS |
8-K | 11/24/2021 | 11/24/2021 | PDFRTFHTMLXLS |
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