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The Con Man will have the same 10,000,000 shares, but now worth $2.50 each instead of .0001 (if/when he converts them to common).
Common share holders will ALSO have shares worth $2.50, but only one share for every 25,000 they had before.
The conman just multiplied the value of HIS shares by 25,000!!! And YOURS by nothing, since you lose most of them.
Now if the con man was ethical, and split HIS preferred shares 25,000 to one, THEN you would be correct.
He just seized even more control and more percentage of votes over this ridiculous scam stock!
Watch when the con man converts his preferred shares to common and cashes out.
This is VERY simple research. Easier than researching empty shell scams.
https://www.bing.com/search?q=abe+lincoln+fool+some+of+the+people&form=EDGNTT&qs=HS&cvid=5a2dc3a5432c4718b3ce3d496c2e6874&refig=1a21e58abc9b45da9f1501107993df9e&cc=US&setlang=en-US&elv=AY3%21uAY7tbNNZGZ2yiGNjfOr9fOYQSAf6XF78t0omgUpPNxqhxoGUbpisUuLqJx6Yw5qhhJ0ggMlqhl1SqyJjykotgAx9pfZGpHa84DeZR51&plvar=0&PC=DCTS
Let me rephrase that. Can you imagine anyone stupid enough to be buying millions right now.
Abe Lincoln was right. You CAN fool some investors all of the time.
No, the share price/value is NOT the same post split!!
If the con man split all preferred shares by 25,000 to one, THEN the price/ value would be the same as before for common shareholders.
But even then the massive difference between post OS and AS signals what is coming.
The house odds here are 25,000 to one against the common gambler.
Maybes and if dont fly when the house is corrupt.
House wins, gamblers lose ( and ALREADY lost).
Gamblers already lost 99 percent, now the odds are 25 thousand times worse than they already were.
And pps will no longer be 0001 to have a "tic". It will start at $2.50 and the tics downward will be in dimes
Coulda woulda shoulda, please, if, maybe is no way to invest.
What if this, what if that?
Even gamblers in a casino watch the table action to see what is ACTUALLY happening before placing a bet.
When the house just voted to have a 25,000 to one house odds against the common gambler, it is time to find a better casino to gamble in.
Let's do some theoretical numbers.
Let's say a stock holder has (for now) 20 million common shares at .002 average. Said stock holder buys another 900,000 shares at .0001.
So now this fictional stock holder has 20,900,000 shares at just under .002 average. The fictional stock holder has lost 95% of his investment.
Now the stock splits, 25,000 to one. The investor is left with only 836 shares, while the CEO retains ALL his preferred shares.
Post split, the common stock holder has 836 shares times $2.50 per share = only $2,090 in the account (ON DAY OF SPLIT).
Now comes the massive dilution beginning once again. 129,500 in the OS, SIX BILLION authorized!!!!
And here comes the crash in PPS, because $2.50 per share will not hold post split.
So the fictional investor who is already down 95%, sees brand new losses mount post split.
You may fool all the people some of the time; you can even fool some of the people all the time; but you can’t fool all of the people all the time. Attributed to ABRAHAM LINCOLN.
Ummm, no.
THE KEY TO THIS RIP-OFF OF COMMON SHARE HOLDERS
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”).
"Common stock" is splitting 25,000 to one. NOT PREFERRED STOCK!!!!!!
So Brian is taking your common stock, and retaining his preferred stock ratio!!!!!!!!
Brian just gave himself a gift of a 25,000 times increase in the value of his preferred stock!!! And he is doing it by taking YOUR common stock!!!!!!!
What a CON!!!!!!!!!!!!!!!!!!!!!!!!! And a few gullible longs are buying more common shares!!!!!!!!!!!!!!!!!
This thing will plummet fast and hard post split.
$2.50 per share is a pipe dream!!!! But Brian will be enriched, as commons are ripped off AGAIN!!!
Look at the AS of SIX BILLION! Look at post split OS of 129,500!! You think dilution was bad before?? Just wait and see the future dilution!
This scam lost 99.8% of value of PPS in the past 2 years! History will repeat FAST post split as dilution strikes, and as PPS plummets once again.
If it was not enough of a lesson to see past dilution, if it was not enough of a lesson to see 99.8% of pps value..... well, you can now live it all over gain!
Never marry a stock! And never fall in love with a scummy con of a CEO!
The math is simple. You either multiply times 25,000 or divide by 25,000 to figure it out. Use a calculator.
1) what will the price be at the conversion of 25,000 to one ?
Multiply. .0001 * 25,000 = $2.50 on day of split.
Then, a couple of days later, when all on line platforms open trading back up, the plummet begins anew - just like before.
2) what will the O/S be at the R/S
6/1/19 OS: 3,248,738,707 (figure another 5 to 10 % since then though)
3,248,738,707 / 25,000 = 129949.548 (round up one share to 129,950 (plus 5-10 percent for the ongoing dilution pre split) Then the dilution begins anew.
3) what will the A/S be at the R/S
The Con-Man is keeping 6 billion shares in the AS so he can ONCE AGAIN dilute the crap out this scam. However, there will NOT be 2 billion at $2.50 as claimed in another post. There will be 129,950 common shares of the AS filled at $2.50 before the dilution and plummet of value begins anew.
4) what will be the break down of Preferred shares?
As of May 10, 2019, there were issued and outstanding 3,095,405,374 shares of Common Stock (with the holder of each share having one vote) and 10,000,000 shares of Series A Preferred Stock
(with the holder of each share having 10,000 votes), Pursuant to Section 78.320 of the NRS, at least a majority of the voting equity of the Company, or at least 51,547,702,688 votes, is required to approve the Reverse Stock Split by written consent.
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
A ?
"A" what?? What does this mean?
B?
"B" what?? What does this mean?
NOW FOR THE KEY TO THIS RIP-OFF OF COMMON SHARE HOLDERS
Read this: "
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”).
"Common stock" is splitting 25,000 to one. NOT PREFERRED STOCK!!!!!!
So Brian is taking your common stock, and retaining his preferred stock ratio!!!!!!!!
Brian just gave himself a gift of a 25,000 times increase in the value of his preferred stock!!! And he is doing it by taking YOUR common stock!!!!!!!
What a CON!!!!!!!!!!!!!!!!!!!!!!!!! And a few gullible longs are buying more common shares!!!!!!!!!!!!!!!!!
This thing will plummet fast and hard post split. $2.50 per share is a pipe dream!!!! But Brian will be enriched, as commons are ripped off AGAIN!!!
Check your math. WAY off
LOL!!!!!
Hilarious!! LIE b own Cigawatt vape stores!!!! Great DD!!
Sure are tons of triple ones.
Soon to be $2.50. Shortly after that $2.00. Then $1.50. Then a buck a share as predicted so long ago, but without the predicted dividends.
This scam lost 99 percent of value over 2 years. And that will repeat again after the RS.
Con Way can fool some of the people all of the time.
The date of the RS document is September 26, 2018, which the Con-Man just implemented.
Yet check these out:
Liberated Energy (twitter)
@LIBEnergy
Feb 5 (2019)
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 (2019)·
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.
They have a very solid plan in place for the future that will allow them to consider many options besides a simple reverse.
Please keep in mind that there will be a change in management as the current CEO will be turning over voting control to the new CEO/ management team..
We will be keeping everyone updated on progress via social media while we issue out payments to various liabilities (Portland for example) and will follow up with filings in a few days.
Again, things are moving quickly and we'd like to thank our loyal shareholders as we realize this has taken far longer a process than we initially anticipated.
CLEARLY Squires is just as crooked, unethical, and immoral as Con-Way.
-----------------------------------------------------------------
Lying to all no that no RS was planned, while the RS document was already drawn up for a 25,000 TO ONE RS!!!!!
Ask why the reverse split is necessary.
Well, .0001 has no where to go but no bid. The Con-Man had to fix that.
After a 25,000 to one RS, PPS will be $2.50 and can then drop back to .0001 over the coming years. Plus plenty of room for dilution.
If it was not enough to ride LIEb down 99.8% over the past two years, here is the opportunity to do it again!!
DAY 38
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.
You can no longer label this a triple zero one/no bid stock, because it will soon be a $2.50 stock after a 25,000 to one RS.
And as soon as RS is complete, and platforms re-authorize on line trading a couple of days later, the plummet from $2.50 downward begins.
LIBE lost 99.8 percent of PPS value in the past 2 years. This reset to $2.50 will lead to repeat performance.
Added to 20 million shares at way too high of a PPS average.
And soon to be less than 1,000 shares at too high a pps average.
And post RS, the plummet in LIBE pps begins once again
Roulette and slot machines are gambling too. The house wins. The gambler losses.
Mark this post
$2.50 "can" begin to drop hard and fast after RS.
And "most" stocks do drop after a
RS.
LIEb is a empty shell with no assets and no products.
Even if Cigawatt deal ever closes, it is only 2 small vape stores.
If the RM closes there might be a short lived mini run.
IMO, $2.50 will not hold and pps will drop quickly.
That ignores the FACT that 2.50 per share can plummet deep and fast, while .0001 can plummet no deeper.
Anyone using a 20 percent stop loss on LIEb would have sold all shares HUNDREDS of times over the past year and dozens of times in the past month.
Mathematical fact.
Plus the "OPM" fiction and "20 % stop loss" fiction that no one else believes
Imagine the people who had standing good to close bids for 0001 who did not know and still may not know of the massive RS coming...
What a sad wake up call when realization hits.
Ask why the reverse split is necessary.
Well, .0001 has no where to go but no bid. The Con-Man had to fix that.
After a 25,000 to one RS, PPS will be $2.50 and can then drop back to .0001 over the coming years. Plus plenty of room for dilution.
If it was not enough to ride LIEb down 99.8% over the past two years, here is the opportunity to do it again!!
Yes, I recall reading that MANY times over the past years. I also read about claimed 20% stop losses and 200% gains in LIEb, all while the stock plummeted 99.8%.
DAY 37
Do we have RM yet? Do we have completed audit yet? Do we have hard close yet? NOPE!! Just a 25,000 to one RS of LIEb.
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 37 is a "few" to lying Squires at Cigawadd??
How long can it take to audit a tiny vape company with 2 small stores and a small on line presence?
Looks like a failed deal and thus the ConMan has announced the 25,000 to one RS. Dead stock walking.
The incompetence of SqLIARs and Cigawatt seems to match the incompetence of the ConMan and LIBE. And both are liars and both immoral cons. - IMHO.
Check out blatant LIARs Conway and Squires.
The date of the RS document is September 26, 2018, which the Con-Man just implemented.
Yet check these out:
Liberated Energy (twitter)
@LIBEnergy
Feb 5 (2019)
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 (2019)·
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.
They have a very solid plan in place for the future that will allow them to consider many options besides a simple reverse.
Please keep in mind that there will be a change in management as the current CEO will be turning over voting control to the new CEO/ management team..
We will be keeping everyone updated on progress via social media while we issue out payments to various liabilities (Portland for example) and will follow up with filings in a few days.
Again, things are moving quickly and we'd like to thank our loyal shareholders as we realize this has taken far longer a process than we initially anticipated.
CLEARLY Squires is just as crooked, unethical, and immoral as Con-Way.
-----------------------------------------------------------------
Lying to all no that no RS was planned, while the RS document was already drawn up for a 25,000 TO ONE RS!!!!!
Can you imagine anyone buying millions of shares more right now?
This will RS from .0001 to $2.50 per share. And then as soon as all on line platforms allow on line trading again (usually a couple of market days after the RS), the PPS will begin to plunge again.
PPS dropped 99.8 percent in the past 2 years. This is a total reset, so that it can plunge 99.8 percent once again. Loss upon loss.
LIEb is not only dilutional it is also delusional.
Looks like Conway and Squires both LIED:
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. They have a very solid plan in place for the future that will allow them to consider many options besides a simple reverse. Please keep in mind that there will be a change in management as the current CEO will be turning over voting control to the new CEO/ management team..
We will be keeping everyone updated on progress via social media while we issue out payments to various liabilities (Portland for example) and will follow up with filings in a few days. Again, things are moving quickly and we'd like to thank our loyal shareholders as we realize this has taken far longer a process than we initially anticipated.
LIBE is not only massively dilutional, it is also massively delusional.
Now we are going to have "dividends" from this ridiculous empty shell!!!!
If this "deal" is announced dead, time for the SEC to investigate Squires and Conway. Looks like a big con (again).
QUADRUPLE ZERO TRADES TODAY? Never seen that before.
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/trades
00001s and even 000001???
IHUB page: Liberated Energy, In (LIBE)
0.000001 ? -0.000099 (-99.00%)