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Indeed. Took considerably less volume to go up than it did last run these prices, good sign. Volume on this breakout is way higher than last 3 weeks too, good sign as well. Seems like float got cleaned up. Suspect we might have strong open and then good pullback before big move probably next week.
So institutional holders from like $10 $20 $30 still in? How many shares they got? A few mil maybe? About $5,000 worth? What does that change?
thats all irrelevant right now lol Its like you are blind to the fact there is a window until all that happens and stock is starting a run after a consolidation and getting cleaned up. Reason why this has been dropping like a lead sinker last 2 years is no more. Not looking to hold this for months or a year, most are here trading the chart and catalyst(dilution over). D#@H run happened over like 2 weeks. When is the vote here?
never sold since pre delisting?
Same DCTH this stock was listed and failed to meet listing requirements. Dilution is also almost same exact story. DCTH was cash strapped and had note holder that was owed tons of money with maxed out OS. Was only a matter of time before RS and dilution resumed. In a window before RS stock ran up 2,500%. That note holder is still selling a year later now. So even if RS happens or AS gets increased here its still same set-up. What happens down the line is irrelevant, what matters is no more dilution and stock with super beat chart catching momentum. When people start chasing with big $ valuations and fundamentals don't matter much.
So maybe different stock but identical set-up. Not saying this will run 2,500% like DCTH but looking at chart it would be highly surprising if this didn't hit at least .05. Also technicals are great. All short term MAs bullish. First close over 50dma in over a year. Stock breaking out of consolidation after last run that finished dilution. Breaking out on high volume after decreasing volume during consolidation. Also most of the indicators are bullish too. Given above I'll be buying good dips aggressively. My only regret is not buying enough of this .0115 and .012s, got starter position only.
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PS institutional holders? holding stock that was just sub penny? LMAO
true it traded those levels with less shares due to selling pressure from endless dilution. There is no more dilution so that selling pressure is gone. Instead of endless shares being sold day after day you now have a stock trending higher. People that bought lows are taking some profit and are replaced by new holders with smaller shares at higher prices. Also with nice chart and prices going higher there are a lot more willing buyers jumping on the momentum. Its completely different stock.
You remember that DCTH run when dilution ended? Did it matter that there were tons of shares and co was total pos? Did it matter that they had RS on horizon? Some made 10x 20x 30x their money. Even biggest pos stocks have their day. Just need a catalyst(dilution over) and a nice chart that can catch momentum.
according to SEC most people that trade big boards under perform exchange indexes. Also over 90% of day traders go broke within a year. Does that mean people shouldn't trade? Just give your money to money manager that'll just buy some index funds for you? Or perhaps save management fees and buy index funds yourself? Then keep putting in more and more money over 20 years hoping to make something worth while?
Stick to your blue chips. Some prefer to trade and make money in shorter time frame. Making same % over few days that you will over next 20 years is a little better for some.
company keeps issues more and more NEW shares to note holder to pay off debt. Number of shares keeps increasing due to printing press running day after day. What "shorted" or "not available" shares you talking about? Supply of shares and OS will keep increasing as more of the debt gets paid off.
I bet you not. You also not intimidated by a cratering death spiral toxic dilution stock either. A golden opportunity! to lose money.... At least note holder is making his $20,000 a day.
At the rate this is going OS will be over a BILLION by the time note holder is done selling. OS is increasing here daily with new shares getting printed.
and here is your biggest problem bud. Price already down to .008s. it drops anymore conversions will be lowered BELOW .004. Meaning MORE and MORE shares will be needed to clear up same amount of debt. This is a TOXIC DEATH SPIRAL.
I am a bounce player. That doesn't mean try bouncing TOXIC DILUTION plays where company can't keep up running their share printers. LIBE will be a good play too when DILUTION will be about done. At 3m shares a day rate they clearing up $12k in debt. In maybe 4-6 weeks when its near .001 it'll be a worthy bounce candidate.
LMAO Truly classic. Dilution stock with company issuing more and more shares. OS went up like 4x just in recent memory. But its shorts fault for all the selling. Lets continue the fairy tales. Some newbs might bite.
I got excited when I saw this turd. Unfortunately after a little DD saw it for share selling scam it is. Look at my 15 year post history on other stocks where I posted about dilution. All down 99% or worse lol But prove me wrong. This time its different!
sorry not flushing my money straight down the toilet in this dilution play. I prefer letting winners ride. DILUTION IS A DEATH SENTENCE.
You think those guys building 200 million $ data center need LIBEs $100k worth of equipment? lol Its like giving a billionaire $100, its irrelevant. Brian will likely run these miners in his basement and probably charge company rent....
not predicting the end of crypto mining. Simply pointing regular crypto mining cycles that have been happening over and over. As prices drop when difficulty is high mining becomes unprofitable for most. Those that get free or super cheap electricity stay in the game. Everyone else is forced out and there is a consolidation period.
When I last mined in 2014 BTC prices dropped 80% while BTC earned per MH also dropped about 80%. Literally within few weeks, about a month actually mining revenue dropped over 95%. At my property in IL was getting very cheap electricity at 5.5c kw and was still losing money. It was cheaper to buy coins than to mine them. Had friends in CA that were paying 20-25c/kw and bought loads of gpus into hype. One of my friends even took his whole mining farm to TX to get cheaper electricity. Withing few months he was losing so much $ he pulled all his equipment and bounced his lease to cut losses. GPUs that were costing $600 were going for $150 within couple/few months.
Now I'd like you to explain to me why this won't happen again despite BTC historically doing this over and over again. Especially that Mt Gox coins will get released for sale at some point soon. Also Bulgarian government confiscated billions worth BTC from criminals. Think its enough to cover 1/4 of their countries debt lol You think they'll just hold them? What do you think 250,000 BTC sold in open market would do to price?
Not saying you are fish, was just pointing out there is a good saying about those chasing flushes. Any worthy opponent would make flush chase a -EV play.
Miners will only pay for themselves if crypto prices stay high. If BTC gets to 5k miners will start losing money. And if you get locked in data center lease you'll be liable for rent every month. You will not mine when electricity costs more than mined coins. When this happens GPU prices collapse too which means all the equipment purchased now will be worth a fraction. And its not some doom and gloom scenario. Its happened before and more than once. As mining is profitable more and more miners get online until eventually difficulty gets too high and people start losing money and consolidation period sets in. Its just a matter of time.
"Their primary focus will be"
Judging by this PR they currently have nothing going in terms of this technology. "focus will be" "we believe there is potential" "our implementation could change" "look forward in exploring"
Its nothing but forward looking statements with zero substance. They don't even have a dev team...
you know what they say about those chasing flushes ;)
There are data centers all over the US. The GPUs LIBE got can be setup in ones basement with upgraded power box. They don't even have enough mining equipment to need a tiny portion of data center. Just fluff. 200 million $s sounds big but its not in anyway related to LIBEs biz.
they got a ledger system that'll change the world. got it! Now lets get back to buying dilutive stock. Good luck, you guys are going to need it here.
Hah yes! They know people! Big $$$ people! That just can't wait to make you rich. Excellent.
Those GPUs look mighty impressive too. I have friends that have 100+ gpu mining rigs setup in their basement. I used to have an 8 gpu rig too in 2014 but unfortunately gave up when BTC crashed 1100 to 200 and profits mining alts dropped 80%+. 100 gpus is childs play.
It wasn't my post I referenced. It was another poster and company already replied...
Yeah because pink sheet company CEO making forward looking comments always come to fruition. Especially when stock is getting diluted and company is desperate to retire debt.
I am no Cleopatra but if I could buy $10,000 worth of shares and sell them for $30,000 I'd definitely be back. $20,000 gain a day keeps a regular job away hah
True buyers and sellers make a market. Though in this case those the company issues new shares and you buy.
Company isn't disputing how many shares it'd take... They will be addressing the debt... But use a little common sense. Note holder is making 100-1,000% on the debt. They have zero reason to cut any kind of deal. Also for company that has very little resources it makes no sense to pay huge premium to retire debt. Especially when it costs them NOTHING to issue shares.
Gyan R Parida Liberated Energy, Inc., Stock Symbol: LIBE, Carebourn had $616,947 by Dec 31, 2017 alone. That would require more than 150 million shares @ $0.004 conversion. Then add the interest after Dec 31. So this will take a while to finish and the OS may be past 300 million by the time it is all done.
Manage
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Liberated Energy, Inc., Stock Symbol: LIBE
Liberated Energy, Inc., Stock Symbol: LIBE Well that’s why all of our current pending contracts involve addressing the debt!
Go read the companies FB page. CEO doesn't even dispute it'll take over 300M OS to clear debt at .004. Yet stock struggles and crashes 20% per day with 3m shares getting sold. With 200-250 shares still needed to be sold at .008+ its pretty much impossible for price to hold up. Which means most shares will converted much lower than .004. Which means OS will be much higher than 300M. More than likely higher than a billion.
But yeah lets believe the company. They have whales that will buy out note holder at huge premium lol Meanwhile dumping continues.
Its not my first rodeo my friend, been trading over 20 years and seen this same scenario play out thousands of times. The end game is always the same. Love the shorty and them bad MMs comments! truly a classic with dilution plays.
So what you suggesting is some whale is going to pay $1,200,000 or better yet at todays conversion prices $1,800,000 to note holder to clear up 600k in debt? Why? lol It makes no sense. Its just company feeding possibilities that will never happen to induce buying to help note holder sell shares.
Also the guys running the co are total crooks. "Swear! I am not selling. My family and friends aren't selling either! Swear on my kids, cancer, blah blah" Sure he is not selling himself but he got the cash for shares company is issuing. Why mislead like that?
Also talking about locking up note holder shares and paying them back. Give me a break. They have no cash to pay them back and note holder was selling shares as high as .04 making 1,000% gain. There is no incentive for note holder to stop selling. They in this to make money.
VERT and BMIC both sold today. Both very well known diluters. Given VERT backed up after one huge print and then BMIC showed up and backed up after whacking bunch of bids and another big print I'll disagree.
Even on FB when a poster said OS will be over 300M by the time debt gets retired @.004 the CEO didn't even dispute that. But lets be realistic here there is no way 200,000,000+ shares will get dumped and price will hold .004. Per your suggestion just 3M sold today crashed price 20%. You got to do this another 70 trading days to finish. No way price holds above .008 for next 3 months for them to convert at .004 with 50% discount. Conversion for most shares will be much lower than .004.
you posted 2.5m shares x.004 clears 10k in debt. Given those terms 6m shares sold today(from 2 separate note holders3m each) roughly .012 avg means $72,000 in dilution cleared $24,000 debt. Meanwhile price dropped nearly 20%. At this rate in 3-4 days PPS will be .004 range. Now lets keep in mind note holders in most cases get shares at roughly 50% discount to lowest trading price over last 15-30 trading days. Once price drops to .004 they'll be converting at .002. At .002 they'll be coverting at .001 and so on. Who is going to keep buying this at inflated prices as note holder continues to sell lower and lower?
At .002 PPS with just 250k in debt left they'd have to sell 250,000,000 shares. At .001 it'd take 500M shares. And thats being conservative. Given there is only been volume last week or two they likely have over 500k in debt left.
How can one make such rash statements about shorties and MMs when they know there is massive dilution taking place?
So please enlighten me with dilution terms so we can focus on real issue here rather than deflecting?
enlighten me
in vast majority of cases shares are converted at huge discount. $10,000 in sold shares might only clear 1-2k in debt. As prices keep dropping lower and $ goes down it takes more and more shares to clear the debt.
ask the company! They busy telling everyone no shares are being sold.
start spreading shorty and MMs screwing us stories to explain cratering PPS lol good luck
the OS is going much higher than 91M shares. Note holder keeps converting 4.9% OS daily pretty much. Its going to take 100s of millions if not billions of shares to clean up $620,000 note holder thats getting shares at discount and with interest.