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Thats what they may seek and wish to happen, in all reality, I will put money on toxic funding just like every other ticker in otc.
.0001 - AS will be increased to 5BIL with the financing!!
The company needs to submit financials and provide an update!!!
It did!! Now lets hope it doesn't get hit and vanish!!
Would be nice to see more bid support above 14's
Where did all of the interest go?
Note 12. Subsequent Events
Management has evaluated all activity and concluded that no subsequent events have occurred that would require recognition in these financial statements or disclosure in the notes to these financial statements.
Subsequent to June 30, 2015 the holder of the Note Payable converted an additional $31,134 of principal and accrued interest of the Note into 43,790,769 shares of our common stock.
NOTE 5: SUBSEQUENT EVENTS
In connection with a convertible note dated August 13, 2014 in the amount of $58,000 (see Note 6), on May 29, 2015 the Company received a notice of default from the Lender. In connection with the notice of default, the Company failed to file its annual report on Form 10-K by the due date (the "10-K Default") and the Company failed to pay its required installment payment due on April 13, 2015 (the "Payment Default") and has not paid all remaining outstanding principal and interest balances due prior to May 13, 2015 (the "Maturity Default"). Pursuant to the default terms in the agreement, the Lender has elected to increase the outstanding balance by applying the Default Effect (the "Default Effect") and accelerate the outstanding balance. The Default Effect for Major Defaults is equal to the outstanding balance multiplied by 115%. The 10-K Default is a Major Default and the Default Effect is equal to $7,585 ($50,565 x 15%). The Payment Default is a Major Default and the Default Effect is equal to $8,791 ($58,609 x 15%). The Maturity Default is a Major Default and the Default Effect is equal to $10,296 ($68,641 x 15%). The debt agreement also provides that the Default Effect may be applied for up to three Major Defaults and three Minor Defaults. The Lender hereby demanded that the outstanding balance of principal, interest and Default Effect aggregating $79,755 be paid to Lender no later than June 3, 2015.
As of August 19, 2015, the Company and the lender has agreed on a payment process including cash and limited number of stock. The Company agreed to pay the lender 16,000 shares of FL common stock and $12K per month for 4 month. The Company has already issued the stock and has made the first payment of $12k.
5's should be hitting tomorrow!!! Slow Downhill!!
It is time to cut losses - This is going down to .0001!!!
Magna is out!!! The TCA Global debt remains!! Per the Filing
Note 16-Subsequent Events, Item# 4
http://www.otcmarkets.com/financialReportViewer?symbol=LIGA&id=138620
I'm tired of waiting - today is the last day for LIGA to submit the QR/Update or my 35M shares are getting dumped on 1's (even-out). They have been given ample time to make good on their words provided through emails and for me, the cut-off date is today!! I wish everyone here luck when the updates do hit!!
Really? I'm seeing different!!
Been here before - only temporary!! How is that SLNN working out for you?
**LIGA** - Ready To Move!! Company Email Link Below!! Load Up!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114398811
LIGA ~ Email from Company Below!! Load Up!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114398811
**LIGA** - Ready to Move - Load Up!!! Company Update Below!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114398811
That is so sweet of you!! Stop the B.S. and cover!!
So have I - I'm saying once the QR is released and followed up with news - those 2's will move. The ask was bouncing before as you may know - I'm sure there is more.
BMAK & VNDM are currently inactive at 2 - Once the 2's start to fall, they will move up.
I know - I don't appreciate when others post on forums about an upcoming R/S without any proof to back it up.
Looking at your post history, you seemed to think otherwise until the pps fell. The only thing lacking is communication and hopefully we hear something soon once the QR is filed. Until the company releases information regarding any form of adjustment in SS - that is solely your opinion.
Where is it stated that they will R/S? The AS is only 2.4B - I imagine they would increase the AS like they have done in the past before they R/S.
Thank You
That was funny - stack it again!! The 2's will move!!
Ok - Thanks. I'm thinking/hoping the QR will be filed early next week along with a summary of developments. Once Pink Current, more news will follow. That would be nice!!
It's nice to see they responded - did they provide any anticipated release date for the QR?
**LIGA** News Coming Anyday - Company Link Below!!
Email Link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113796747
**LIGA** - Company Email - Check it Out!! News Coming Anyday!!!
Email Link Below
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113796747
LIGA - Company Updates Anyday!! - Load Up!!
Email Link From Company Below
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113796747
LIGA - Load Up!! Updates Coming!! Link Below!!
Company Email Link Below
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113796747
**LIGA** News Coming!! Load Up!!
Link - Email From Company
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113796747
Lack of communication - LIGA is the only one to blame. I imagine, if we ever do get an update, some of those 2's will shift/move. Until then, bid support (if any) will be whacked by impatient traders/flippers in one continuous cycle.
Yes - read the top sticky
This isn't going anywhere - VNDM sitting at 3.
Any update/filing from the company would be nice!!
Yeah - that is what I've been waiting for also. "QR - Near Term". We entered the 3rd week since the email and yet still no filing nor news. Their USAR/SAMP (I believe they still have controlling interest) stated last week that "news to be released by the end of next week" - Waiting on that also!!
3's would be nice! Unfortunately, it's not going anywhere without bid support and updates. QR needs to be filed followed by news - IMO - they should've at least filed the QR by now to become current. I thought when they updated profile through OTC the QR was coming also.
Stacking the Ask now!! Need an update!!