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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.
Did you have to dump at all 0001s, or did you get some 0002s as well?
You were ahead of the rest of the pack all dumping today.
So, Cigawatt LLC took down their Facebook page. Not a good sign.
And nothing on twitter from Cigwatt nor LIBE. The silence is deafening.
Nahhh. It will have to sink from $2.50 post split back down to .0001 before it's over.
Con-Way figured out a way to stretch this death roll out another 6 months. More money in his pocket first.
Massive dumpage underway. Look at those 0001 trades.
We need some clarity from someone who has trading since 2005 and is an expert in DD to spin this.
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/trades
Interesting choice of words.
The only ones freaking out are the trapped longs and anyone else with a pps average higher than 0001. Freaking out because they now KNOW they are going to lose even more value in their accounts.
Dead stock walking.
If you need a big tax write-off for stock losses it could work...…..
There will be PLENTY of 0001s available for purchase as people pull the rip cord and bail out of this crashing POS.
Now waiting for the "spin" from anyone who fell in love with the ConMan and married this ridiculous empty shell stock.
DAY 36
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 36 is a "few" to 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
How about a one to TWENTY FIVE THOUSAND RS?
The ConMan went big with a 1 to 25,000 RS!!!!!!!!!!!!!!!!!!!
"The Written Consent approved the following actions:
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”). "
Imagine anyone who entered this stock at .10 per share and bought 25,000 shares for $2,500. Now they will have ONE SHARE remaining!!! And then imagine they averaged down DOZENS of times from .10 to .0001!!!!
Wow!! Longs are trapped DEEP in the red! And about to become much worse after the RS!!! The ConMan knew this was going no bid, and had to raise the PPS so it could CONTINUE to plummet ever lower!!!!
First the RS, then the downward trek back to triple zero!
So now we know that LIEb and Cigawatt LIED. That Squires and Con-Way LIED.
Here you go, a 25,000 to one stock split. No RM, just a massive stock split. And what did they tell stuck holders? They said no RS.
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/80174505/proxy-statement-other-information-preliminary-pr
No LIEb stock holder but the ConMan gets to vote on this.
"On June 18, 2019, our Board of Directors (the “ Board ”) approved the Reverse Stock Split and submitted the same to certain holders of our Series A Preferred Stock. On the same date, the holder of a majority of the voting power of the outstanding capital stock of the Company (the “ Majority Stockholder ”) executed and delivered to us a written consent in lieu of a meeting (the “ Written Consent ”) approving the Reverse Stock Split. "
All on his own, the ConMan has decided:
"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, thereby satisfying the requirement under Section 78.320 of the NRS that at least a majority of the voting equity vote in favor of a corporate action by written consent. "
Where is SqLIARs of CigaWadd?? All part of the scam and con. She is just as unethical, conniving, and thieving as the ConMan himself.
"The Board believes the Reverse Stock Split is necessary and advisable in order for the Company to maintain the Company’s financing and capital raising ability. Accordingly, it is the Board’s opinion that the Reverse Stock Split will better position the Company to continue and/or expand operations.
LOL! "The Board" is only the ConMan!
So, 25,000 to one RS, and then the value will once again PLUMMET after the RS. My prediction: 30 days after RS is complete value will have plummeted AT LEAST 50% (AGAIN!).
What a Con!!!!!!
Now waiting for the "spin" from anyone who fell in live with the ConMan and married this ridiculous empty shell stock.
Hopes and wishes versus a 35 day OVERDUE audit that could have real world answers.
That is ***IF*** Squires will allow the peasant stock holders to see actual hard gross and net revenue numbers. Figure the odds on THAT occurring.....
Fast kayak trip
All I see is heavily redacted pictures on the internet.
Anyone can cherry pick any dates, on any stocks, and post redacted modified pictures.
Besides, what does that have to do with this stock, this company, this supposed deal, this supposed RM anyway?
How do claims of past trades in past years help any stockholder in LIEb TODAY? It doesn't. $108 traded at 0002 today, and LIEb is mired in 0001s.
4 months for a simple audit of two small stores? LOL!!!
LIEb and it's CEO have always thrived on fictional far fetched deals and fictional pumps.
LIEb is mired in fiction (in every form imaginable), and Cigawatt is engaging in the same tactics now.
4 months for a simple audit of two small stores? LOL!! Either GROSS incompetence or complete fiction.
The problem with the claims is that we can all SEE the trades that occur.
$108 sold at 0002 today. Who's shares were they for that massive $108 trade (actually 2 trades)?
Are you claiming both 0002 sells were yours today? All $108 dollars worth?
(I am pretty sure I know who sold shares today, and who's shares those probably were). Read the board.
Anyone trading LIEb with no emotions would have dumped this ridiculous empty shell LONG ago, before it plummeted 99.8 percent in value.
Anyone trading LIEb with no emotions would have dumped LIEb after the 2nd or 3rd failed deal.
Anyone trading LIEb with no emotions would never have averaged down dozens of times over 2 years.
Anyone trading LIEb with no emotions would see that only $108 in trades were at 0002 today, and value has not increased by 100 percent, but rather plummeted ANOTHER 50% in the past few days to 0001.
100 percent gains? LOL!!!
540,000 shares traded at 0002 today ($108)
14,249,999 shares at 0001.
Simple facts and simple math.
https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/trades
Anyone who started buying at .10, averaged down DOZENS of times over two years is no where near .0001 average. Maybe .01??
Never marry a stock and never fall in love with a CEO. Especially empty shells with no products, no revenue, zero assets, and a 5 year plus history of complete failure under the same CEO.
MIKE, MIKE, MIKE, MIKE, MIKE! Guess what day it is!
Guess. What. Day. It. Is!
It's HUMP DAY!!!!!!
It is also DAY 35
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 35 is a "few" to Cigawadd??
How long can it take to audit a tiny vape company with 2 small stores and a small on line presence?
The incompetence of Cigawatt seems to match the incompetence of LIBE.
Failure after failure after failure after failure. 5 years of failure. PPS has plummeted 99.8 percent.
You are confused. LIBE the empty shell is .0001, and 99.8 percent loss.
INND has products, assets, and revenues, and is not a sub penny.