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After the split, Conway alone gets 100 BILLION VOTES!!!!! And all commons COMBINED get 129,500 votes!!!!
What a DEAL!!!!! Give em hell Brian!
And they are preparing the Kool Aid for any investor still supporting this horrible mess of a failed stock.
Today is DAY ZERO for LIEb.
OS: 3,248,738,707 as of 1 June 2019. Conway splitting those share by an outrageous 25,000 to one!
OS after the split? ONLY 129,500 common shares remaining in the OS, with an astounding SIX BILLION in the AS!!! And each common share gets ONE vote. 129,500 votes TOTAL for ALL common shareholders!.
How about Conway's 10 MILLION preferred A shares? This scummy scam stock allows for 10,000 votes PER SHARE!!!!!!!!!!!!!!!!!!!!!!!!!!
Most other stocks give 10 votes per A share at the high end!!
From Conway's SEC filing:
Execute a reverse stock split of the Company’s issued and outstanding shares of Common Stock at a ratio of one post-split share per twenty-five thousand pre-split shares (1:25,000) (the “Reverse Stock Split”).
and 10,000,000 shares of Series A Preferred Stock (with the holder of each share having 10,000 votes)
If LIEb was NOT a public company, but a privately owned business opportunity would you invest given the following?
A guy named ConWay says let's build a business. We will have no products, no assets, and no revenue but here is the business model:
We will change what our claimed business is on a regular basis.
We will announce various deals on a regular basis, but never complete any.
I will get a salary, and you will pay it.
I will not put in any money in myself, and you will fund the company 100 percent.
I will take out loans with terrible interest rates. You will pay the loans back, and I won't.
I will have 96.2% of the total voting equity as we build out our "business" that YOU will fund 100 percent of.
When 96.2% of the total voting equity is not enough for me, I will strip all but .004% of your previous (already limited) voting rights. Going forward I will have 99.996% of the voting rights. Trust me, I know best for our company that YOU completely fund.
I will still invest none of my personal cash, and you will pay for everything.
By the way, we are on the very verge of bankruptcy, so please invest more money.
But when you do invest more, I am taking away 99.9% more of your already limited voting rights, and giving those voting rights to myself. It is what is best for YOU.
Now no one in their right mind would ever invest in some private business "opportunity" like the above. But call it a public stock --- and here we are.
Quote:
The Majority Stockholder, who holds 1,429 shares of Common Stock and 10,000,000 shares of Series A Preferred Stock (approximately 96.2% of the total voting equity of the Company), have voted in favor of the Reverse Stock Split
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80174505/proxy-statement-other-information-preliminary-pr
Commons are giving up 25,000 to one of their already limited voting rights with the split. Conway is GAINING even MORE voting right percentage!!
96.2% of the vote is not enough for him!!!! He wants 99.996% of the voting rights!!! And he is the only guy that voted to do it!!!!!!!!
Conway must split HIS preferred shares too!! DEMAND IT!!!!
Splitting ONLY common shares by 25,000 to one is immoral in my opinion.
Conway's preferred shares should ALSO split 25,000 to one, and AS should be cut by 25,000 to one at the same time.
IF Conway modifies the RS to include his preferred shares at the same ratio, AND he cuts the AS, then he will gain more respect from investors and observers than he currently has.
25,000 to one for ONLY common shares is outrageous! And the "justification" does not cover not splitting preferred shares by the same ratio.
He ALREADY controls 96.2 percent of the votes! Does he REALLY need to control 99.996% of the votes?
LIEb reminds me of a cult. Some get in a cult and never escape the captivity, and believe every tale told by the charlatan running the cult.
True believers never leave a cult, and drink any Kool-Aid offered...….
First, NO ONE should be attacking Conway's family.
His family are NOT the CEO nor company officers that "led" LIBE to it's past 5 years of failures. Conway's family should be off limits to everyone.
His PERSONAL Facebook page should be off limits as well - unless he uses it to promote this empty shell scam stock. If he does that, then he opens that page to company discussions.
Company Facebook pages (both LIBE and the now deleted Cigawatt FB page), twitter accounts, etc are part of LIBE/Cigawatt and open for any and all discussions.
Splitting ONLY common shares by 25,000 to one is immoral in my opinion.
Conway's preferred shares should ALSO split 25,000 to one, and AS should be cut by 25,000 to one at the same time.
IF Conway modifies the RS to include his preferred shares at the same ratio, AND he cuts the AS, then he will gain more respect from investors and observers than he currently has.
25,000 to one for ONLY common shares is outrageous! And the "justification" does not cover not splitting preferred shares by the same ratio.
He ALREADY controls 96.2 percent of the votes! Does he REALLY need to control 99.996% of the votes?
Another LIBE failure. Just the latest of so many failures.
And as usual, the NEXT deal will supposedly FINALLY succeed and longs can recover all the lost funds.
Conway CEO for over 5 years. Not one deal ever closed. NO assets. No products. No revenue. PPS loss of value 99.9 percent over the past 2 years.
Incredulous and outrageous 25,000 to one RS of common shares, with no split of Conway's preferred shares, and AS to remain at 6 billion shares.
This is a reset of this turd, to enable new dilution and more PPS value losses.
Another 6 months to a year and we will be talking about ANOTHER (new from reset) 99 percent loss of value.
Maybe if one averages down dozens of times again over the next 2 years the next deal will actually close? Probably not. History repeats itself.
OR, is it all a scam? Have Conway and Squires cooked all this up, the deal will close, Squires will cancel the RS, and Conway and Squires laugh all the way to the bank??
Either way this ridiculous scam stock is deadly to common shares investors.
Norm Bour will be the key to LIBE's success IMHO
"OR introduce one of the other, larger, chains who've expressed interest, all of whom seem to be more sophisticated with the business plan and the public market."
Janelle.......IMHO as she has extensitve banking background
Whatever happens I will be a shareholder :)
In other words, Squires is even more incompetent than Conway and Cigawatt a worse risk than even LIBE!
A simple audit of 2 small vape stores is too difficult? LOL!!
Well, if Q1 $44 in total assets and large liabilities is considered "financially sound", that explains investing in this broke failed scam.
https://www.otcmarkets.com/filing/html?id=13208182&guid=H_xtUKubDW6ik3h
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146749942&txt2find=$44
https://www.otcmarkets.com/stock/LIBE/financials
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146749688&txt2find=$44
$44 total LIBE assets last financial report. ZERO REVENUE. ZERO PRODUCTS ON THE MARKET. LARGE LIABILITIES. Trading BELOW triple zero and no bid!!!!
We need a link!!!!!!!
Link please
"By the way, we are bankrupt, so please invest more money. "
If LIEb was NOT a public company, but a privately owned business opportunity would you invest given the following?
A guy named ConWay says let's build a business. We will have no products, no assets, and no revenue but here is the business model:
We will change what our claimed business is on a regular basis.
We will announce various deals on a regular basis, but never complete any.
I will get a salary, and you will pay it.
I will not put in any money in myself, and you will fund the company 100 percent.
I will take out loans with terrible interest rates. You will pay the loans back, and I won't.
I will have 96.2% of the total voting equity as we build out our "business" that YOU will fund 100 percent of.
When 96.2% of the total voting equity is not enough for me, I will strip all but .004% of your previous (already limited) voting rights. Going forward I will have 99.996% of the voting rights. Trust me, I know best for our company that YOU completely fund.
I will still invest none of my personal cash, and you will pay for everything.
By the way, we are bankrupt, so please invest more money.
But when you do invest more, I am taking away 99.9% more of your already limited voting rights, and giving those voting rights to myself. It is what is best for YOU.
Now no one in their right mind would ever invest in some private business "opportunity" like the above. But call it a public stock --- and here we are.
Quote:
The Majority Stockholder, who holds 1,429 shares of Common Stock and 10,000,000 shares of Series A Preferred Stock (approximately 96.2% of the total voting equity of the Company), have voted in favor of the Reverse Stock Split
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80174505/proxy-statement-other-information-preliminary-pr
Commons are giving up 25,000 to one of their already limited voting rights with the split. Conway is GAINING even MORE voting right percentage!!
96.2% of the vote is not enough for him!!!! He wants 99.996% of the voting rights!!! And he is the only guy that voted to do it!!!!!!!!
The ConMan must split HIS preferred shares too!! DEMAND IT!!!!
MIKE, MIKE, MIKE, MIKE, MIKE! Guess what day it is!
Guess. What. Day. It. Is!
It's HUMP DAY!!!!!!
It is also DAY 42
Company tweeted on 15 May:
Quote:
"We don’t have a guaranteed timing. The issue is not something that will take long for the auditor to sort through once they receive the added information in the correct format and file type.
Could be as little as a few hours or a few days, we are all focused on it."
Day 42 is a "few" to Cigawadd and incompetent SqLiars??
How long can it take to audit a tiny vape company with 2 small stores and a small on line presence?
The incompetence and failures of Cigawatt seems to match the incompetence and failures of LIBE.
Is there even a deal anymore? No one knows. Janelle is in hiding. The silence is DEAFENING.
You have alluded that this entire RS deal is FAKE. If you are correct, that means commons are being SCAMMED into dumping their shares. LIEb at work with the Con-Man - just like the past 5 years of scams.
If Janelle finishes the audit and does the hard close the reverse split will not happen
You already know the answer. And the name is VERY fitting.
Who is LIEb ?
If Janelle finishes the audit and does the hard close the reverse split will not happen
If Janelle finishes the audit and does the hard close the reverse split will not happen
I sure hope everyone playing high risk bit coin and high risk OTC stocks first have at least 3 months worth of living expenses in a savings account, and all revolving credit completely paid off.
These are high risk investing. Fun to do, and can be rewarding, but basic finances should be in order before engaging.
I think the audit is in the same place as the 9,000 percent profit yesterday and today...……
Good thing LIEb "will not tolerate misinformation".
I especially like this statement by LIEb:
this is about to become a completely different company"
10:34 AM - 28 Feb 2019
Here is a time of facts from the company: posted on social media accepted by the SEC IMHO
will be able to get the audit completed within the 75 day timeframe required after soft closing is filed.
Which kind of misinformation will they not tolerate? LIEb itself is involved in misinformation.
Is 9000 percent profit misinformation?
LIEb is not only dilutional, it is also delusional. Going outside for a nice walk in nature to get the stench of LIEb off.
PLease explain your rationale that a 9,000 percent profit has occurred, and how one can cash in that "9,000 percent" profit?
I dont see any trades showing anyone cashed in a 9,000 percent profit.
9000 % profit is not bad for a days work IMHO
One interesting far fetched theory that was alluded to a few days back:
Have ConWay and SqLiars put together a con job? First a big INTENTIONAL delay in what is a quite simple audit, to indicate the deal is failing. Followed by a 25,000 to one RS announcement?
All that, in order to collapse share price and get commons to bail out, so the con artists and minions can buy shares for rock bottom?
Then when complete, suddenly the audit completes, the deal completes, and SqLiars kills the RS?
Would they actually go to such devious and criminal lengths?
No, probably not.
This would end up in criminal investigation by one or more attorney generals, and even incite the SEC to become involved. Class action lawsuits, and criminal prosecution would be the result, with the players ending up incarcerated.
Nice theory though - IF the players are dumb enough to engage in outright criminal fraud.
Date? Link?
"Audit Update, they are just waiting on an equipment list from CigaWatt. Once received they can factor in, complete audit, and offer a final opinion. Upon this the controlling shares will be made available to Janelle Squire and I will be stepping down as CEO of $LIBE"
delays with the audit due to the vast amount of information needed
just waiting on an equipment list
Anyone seen or heard from Squires??? Let me guess - is she on "vacation"?
Liberated Energy (twitter)
@LIBEnergy
Feb 5
I have NOT had any discussion regarding a R/S with CigaWatt $LIBE
And on Facebook:
https://www.facebook.com/liberatedenergy/posts/2065544606816308?__tn__=-R
Liberated Energy, Inc., Stock Symbol: LIBE
February 6 ·
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.
June 20: 25,000 to one RS announced!!!!!
What a CON Man!!!
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/trades
If a newer trade took this back down to actual negligible value - no suprise.
0.0001 ? 0.000099 (9900.00%)
Someone just "painted" this turd all the way back up (lol) to 0001 with a massive $10 buy.
The whales are here!!!
Anyone seen or heard from Squires??? Let me guess - is she on "vacation"?
Commons are giving up 25,000 to one of their already limited voting rights with the split. Conway is GAINING even MORE voting right percentage!!
96.2% of the vote is not enough for him!!!! He wants 99.996% of the voting rights!!! And he is the only guy that voted to do it!!!!!!!!
The ConMan must split HIS preferred shares too!! DEMAND IT!!!!
DAY 41
SqLiars of Cigawadd is "apparently" just as incompetent, dishonest, and conniving as the ConMan himself.
How long can it take to audit a tiny vape company with 2 small stores and a small on line presence?
Company tweeted on 15 May:
Quote:
"We don’t have a guaranteed timing. The issue is not something that will take long for the auditor to sort through once they receive the added information in the correct format and file type.
Could be as little as a few hours or a few days, we are all focused on it."
Day 41 is a "few" to lying Squires at Cigawadd??
Over FOUR MONTHS total to audit two tiny mid west vape shops?? LOL!!!! When will lying Squires admit to the truth of what is REALLY happening???
SEC needs to investigate both ConWay and SqLiars.
On September 2, 1858, speaking in Clinton, Illinois, during the famous Lincoln-Douglas debates, Abraham Lincoln made one of his most famous statements:
“You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time.”
Or maybe he said it a couple years earlier, at the 1856 Republican Convention.
But he DID say it. And he WAS correct. Just look at LIEb investors for examples......
If LIEb was NOT a public company, but a privately owned business opportunity would you invest given the following?
A guy named ConWay says let's build a business. We will have no products, no assets, and no revenue but here is the business model:
We will change what our claimed business is on a regular basis.
We will announce various deals on a regular basis, but never complete any.
I will get a salary, and you will pay it.
I will not put in any money in myself, and you will fund the company 100 percent.
I will take out loans with terrible interest rates. You will pay the loans back, and I won't.
I will have 96.2% of the total voting equity as we build out our "business" that YOU will fund 100 percent of.
When 96.2% of the total voting equity is not enough for me, I will strip all but .004% of your previous (already limited) voting rights. Going forward I will have 99.996% of the voting rights. Trust me, I know best for our company that YOU completely fund.
I will still invest none of my personal cash, and you will pay for everything.
By the way, we are bankrupt, so please invest more money.
But when you do invest more, I am taking away 99.9% more of your already limited voting rights, and giving those voting rights to myself. It is what is best for YOU.
Now no one in their right mind would ever invest in some private business "opportunity" like the above. But call it a public stock --- and here we are.
The Majority Stockholder, who holds 1,429 shares of Common Stock and 10,000,000 shares of Series A Preferred Stock (approximately 96.2% of the total voting equity of the Company), have voted in favor of the Reverse Stock Split
So, THIS is the latest "news" anyone can find from scammer Squires??????
04/30/2019 ????? Selling a few hundred bucks worth of vaping crap back in APRIL?? What is the status of the damn audit?? What does she think of the conman doing a 25,000 to one split?? Was this whole scam her idea? Where the hell is she??
Who gives a shitake mushroom about this tiny store selling some crap back in April?
And "future endeavors"? Two month ago? The future endeavor of ripping off and lying to LIBE investors???
SMH.
DAY 40
How long can it take to audit a tiny vape company with 2 small stores and a small on line presence?
The incompetence of SqLIARs and Cigawatt seems to match the incompetence of the ConMan and LIBE.
And NOW commons get a 25,000 to one RS, and the ConMan himself with 10 MILLION PREFERRED SHARES HAS NO RS ON HIS SHARES!!!!!!!
Company tweeted on 15 May:
Quote:
"We don’t have a guaranteed timing. The issue is not something that will take long for the auditor to sort through once they receive the added information in the correct format and file type.
Could be as little as a few hours or a few days, we are all focused on it."
Day 40 is a "few" to lying Squires at Cigawadd??
DAY 39
How long can it take to audit a tiny vape company with 2 small stores and a small on line presence?
The incompetence of SqLIARs and Cigawatt seems to match the incompetence of the ConMan and LIBE.
And NOW commons get a 25,000 to one RS, and the ConMan himself with 10 MILLION PREFERRED SHARES HAS NO RS ON HIS SHARES!!!!!!!
Company tweeted on 15 May:
Quote:
"We don’t have a guaranteed timing. The issue is not something that will take long for the auditor to sort through once they receive the added information in the correct format and file type.
Could be as little as a few hours or a few days, we are all focused on it."
Day 39 is a "few" to lying Squires at Cigawadd??
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80174505/proxy-statement-other-information-preliminary-pr
"The Majority Stockholder, who holds 1,429 shares of Common Stock and 10,000,000 shares of Series A Preferred Stock (approximately 96.2% of the total voting equity of the Company), have voted in favor of the Reverse Stock Split"
Look at the chart posted in the link above. Conway, 10,000,000 preferred A stock shares.
Where do you see that the CEO owns 10 million shares of the B shares?
His shares are A, not B.
You can find that in 3 minutes. I'm on a cell phone. Go look yourself