MOTR posted a PR stating that he was to be their new CFO effective June 12. 1 + 1 = 2

BACKGROUND:

Board Member, CEO, COO, CFO and CRO of public & private companies.

VENTURES:

Ascentaur provides C-Level consulting to start-ups, growth companies and turnarounds across diverse industries. Assignments include brand development, business plans, marketing, product & program development, forming strategic alliances, investor and public relations, operations, finance, capital raising, acquisitions & building revenues & profits.

Fortune Alliance provides financial planning services to individuals.

Unepay is a marketer and distributor of financial and telecommunication products and services for the un(der)banked.

EXPERIENCE:

Mergers & Acquisitions -

Evaluated over 100 target acquisitions, completing nearly 40% of transactions. Identified targets, due diligence, negotiation, documentation, financing & integration.

Capital Raising -

Raised over $250 Million in all forms of equity and debt. Private placements, IPO, PIPEs, real estate, & franchise financing. Business plan development, financing document preparation, financial modeling, due diligence, investor & lender presentations & identifying financing sources.

Business Development -

Secured multi-million dollar sales, strategic alliances and promotional partnerships with numerous Fortune 500 companies.

Turnaround -

Spearheaded successful reorganization of numerous turnaround situations and companies on verge of, or in, Chapter 11, most resulting in leading companies back to profitability, or a sale.

Franchising -

Co-authored four Uniform Franchise Offering Circulars. Sold franchises. Prototyped new franchise locations. Developed and conducted franchise training programs. Secured franchise financing. Sourced acquisitions and converted them to franchises. Created franchisee marketing, advertising and promotional programs. Developed franchisee group insurance and benefit plans.

Specialties
Strategic development.
Business turnaround and growth.
Financial management.
New business development.
Marketing and promotional concepts.

Your site it back up Doc. You're getting too popular these days for your old server!

It hasn't been delayed. They never said when it would be released so there can't be a delay.

The countdown timer on the page is just a generic JAVA timer that resets every month.

The clock on your PC is set differently, If you change your system time the countdown time changes.

I just changed my date to March 1, 2012 at 1 AM and the countdown reads 0 days0 hours0 minutes0 seconds

Strange, I asked Seth about that and he said he had NEVER told anyone that. He is looking forward to reporting on all of this again soon... Sorry...

If only that were true...

This is correct. PDT is 3 hours behind EST, so 2:00 PM EST

Sure maybe they weren't specific enough, but you know they would never agree to sell their company for 1 penny. That's ridiculous, especially when in the same PRs they say the offered price is well above what the stock is currently trading at.

10 billion shares at even .0001 is more than 1 penny. Stop spewing lies as fact.

The same reason people sell old unrestored vehicles for a fraction of their restored price.

Sometimes it's more work to refine, market and sell a technology than they want to put forth, and want a quick pay day. Maybe they don't have the means to acquire the funding they would need to do that, so this is their next best alternative.

yes power, the buyout IS real, which you'll find out eventually

This is right on. Such a limited number of people will be a part of that live chat, it would almost be wrong to do. Whatever he thought he was going to say would be better said in a PR.

Probably from the shares they were selling.

Not sure why you think that.

This means the people who have been selling shares recently are done and we should be ready to start moving up now. This is good news.

Dont know much about it, but I took a 33% loss here yesterday morning and hopped in CCTC at .055 and got out today at .21

Looking to get back in here now :)

ParSar @ .165

Naivete won't make it true.

Call me skeptical, but I've been in this trash since last march, and all it has done since then is drop. When they make an actual effort to bring the share price up and increase revenues maybe I'll have a little faith in them. Until then, they have done nothing to earn it.

This isn't really that huge... Anybody can develop apps for the Android platform, it's even easier to get them in the Android app store than the Apple app store...

I've got an order for 12,000 at .092, so you should be clear anytime...

Ok, so use 80 Originators, and they expect each loan officer to close one loan per month.

Again, 10 loans to break even, leaving 70 of pure profit.

70 x $2040 = $142,800 Net Profit/Month

12 x $142,800 = $1,713,600 Net Profit/Year

Not including jumbo or commercial loans, and not taking into account any additional originators.

Looks pretty good to me...

Could be, I just took a quick look at the stickied DD thread. Anything above 65 just makes it that much better.

65 Originators, averaging 1 loan per month. 10 of those loans get us to the break even point leaving 55 loans of pure profit per month

55 x $2040 = $112,200 Per month Net Profit.

$112,200 x 12 = $1,346,400 Per Year Net Profit

That's with only 65 originators, and he'd like to get that above 100. So YOU do the math bud.

I think so. Things are looking and sounding pretty strong here. Glad I got in.

Ah, I see, thanks. I didn't know about that blog.

How do you know there is imminent news?

I haven't received mine either. I have shares on two seperate accounts and have not received even 1 yet... Seems about right for Ligatt.

It was not a company sponsored phone conference.

Who needs to actually make money from products and services when you can sell shares! Looking good here as always...

He said himself he did the 504 to pay his employees. Are you telling me they aren't even making enough money off their products and services to pay his staff??? This 504 may be done, but they are not done selling shares for good.

Whoa... Big sell at the bid there.

I think you are correct. They wrongfully went after Greg and Ligatt, there is no way he doesn't go right back at 'em.

14. The Defendants use the name Marine1 in order to defame the Plaintiffs.

Really? Somehow I doubt that Marine1 is Greg...

I agree... if it's positive news. If he tells us the divis are a no go, then we could continue dropping.

Looks like God decided to close out that loan he gave you, because I don't see any talent coming from you, just mindless dribble...

I would prefer a solid NOT on this one. Could, should, might and maybe are not acceptable answers.

That doesn't make any sense. You said Greg said there would be no R/S THIS year. THIS year is over in 2 months, that means in 3 months, come January he could do one, which would be NEXT year.

Maybe he is, but he isn't exactly doing anything to help get the price up either...

I would say we should find out for sure today one way or the other. It could be they are going to talk about doing a R/S or they could be clarifying and saying they are not. We shall see...

I am very interested to hear about the Finances though. We may finally get some idea as to what Ligatt is truly worth.

Just Got an email with the Agenda for today's webcast:

I. Introduction of staff members

a. Marketing
b. Public Relations
c. Information Technology
d. Human Resources

II. 2008 Overview

a. Accomplishments
b. Products

i. LIGATT Security Suites
1. IPSNITCH
2. PORTSNITCH
3. SPOOFNET
4. TATTLETELL

ii. Purchased
1. National Cyber Security
2. Cyber Defense Systems
3. Locate PC

iii. Firewall-Cyber Crime Fighter IPS
iv. Contract with NBA
v. Revamped SPOOFEM
vi. SPOOFEM desktop application

c. Shareholder increase 66 to 2200

III. Finances

IV. Reverse Split

V. Questions and Answers

http://www.ligattsecurity.net/index.php?option=com_wrapper&Itemid=240%20