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Will we see update on OS tomorrow to see the dilution rate?
Two tiny vape shops in two tiny midwest towns, and a miniscule on line store cannot carry 3 billion plus shares, plus cogs, plus now a CEO salary, plus the hype of hiring Norm Bour in some capacity for even MORE money?
Blue Springs population 54,431 (2016).
Warrensburg population 20,251 (2016).
Plus a tiny on line store: http://www.cigawatt.com/online-store/category/fidget-spinners
And this will be the next #Starbucks #McDonalds #TacoBell #DunkinDonuts #The UPS Store!!!!!! LOL!!!
Gullibility is a horrible mindset to "invest" in LIEb.
.0002.
Yep. Just LIEb as usual. All hype and hope and no actual performance.
Still stuck in the .0002s. A month plus of claims of imminent run.
No run. Just LIEb with the usual hype.
Those who entered LIEb at .10 and averaged down dozens of times are certainly trapped DEEP.
The best case is recovering "some" of the massive losses.
Buying LIEb over the past 2 years has been like buying a hovel that was massively overpriced, then having it go into foreclosure and losing the "investment".
How Conway convinced "investors" to buy LIEb between .10 and .02 for the past years is pretty incredible.
Selling LIEb shares for .10 to .02 in a empty shell that had (actually still) had zero products on the market and zero revenues takes an incredible CONway.
Maybe NEW investors who entered at .0001 and .0002 will do well here. Longs who entered long ago in multiple pennies will never recover all the losses - in my opinion.
LIEb was .10 a couple years ago. Collapsed 99.9% in PPS value.
Some longs here have massive losses after averaging down dozens of times as PPS collapsed.
They have an advisor. Brian Conway. And some on the board claim Conway will remain on board as a consultant.
At age 63, I think this will be my last OTC play.
I was ahead overall even before buying INND, and way ahead now. With 520,000 shares in INND, I see no need to seek out other OTC plays in the future.
This one should carry me a long while if I only sell off 50,000 shares at a time over the coming years.
I can't add more shares in May - bills to pay. We will see the PPS in June before I decide whether to buy more.
Wait for the audit of Cigawatt (if they even show it to LIBE shareholders).
No way 2 tiny vape stores in 2 small midwestern towns have 4.6 mill in revs. Probably 400K to 600K in net, before COGS, salaries, rent, utilities taxes....
23 employees for 2 tiny vape stores and a even smaller on line store is excessive costs in salaries.
Must be part time employees working a few hours each per week, or greatly exaggerated numbers - like the revs.
I wonder where Zoominfo got these numbers.
Wait for the audit of Cigawatt (if they even show it to LIBE shareholders).
No way 2 tiny vape stores in 2 small midwestern towns have 4.6 mill in revs. Probably 400K to 600K in net, before COGS, salaries, rent, utilities taxes....
23 employees for 2 tiny vape stores and a even smaller on line store is excessive costs in salaries.
Must be part time employees working a few hours each per week, or greatly exaggerated numbers - like the revs.
I wonder where Zoominfo got these numbers.
Absolutely. I have 520,000 shares. "When" I sell it will probably only be 50,000 or less at a time.
Maybe 50,000 at $1, 50,000 at $2 etc. I don't "need" this money any time soon. It will all be gravy.
I'm in this Lonngggggg. I'm looking for MORE than $2 per share.
2 years is fine to get there.
.30 is chicken feed long term for this stock.
So the cost of salaries just went up 10 fold? Yikes!!!
No. Libe has zero products on the market. They never have. That is why all the hype and hope over 2 tiny vape stores in small midwestern towns.
Finally a product might be on the market with this shell -- a shell that cost investors 99.9 percent of value over the past 2 years.
You need to finish the 1s and 2s first. Long way to go
Essentially worthless stock and get out before it collapses works for new investors.
The longs who rode this down and averaged down dozens of times are trapped with no way out to recover all they "invested" in this essentially worthless stock.
Longs are WAY above .0002.
People have followed this and averaged down dozens of times over the past two years waiting for a run.
99.9 percent loss of value was the "run".
ONLY have 2 locations, in very small mid west towns.
How can they carry 3 billion in the OS, plus soon at least a CEO salary. What other company officers will be paid?
And how will they be paid with this tiny footprint?
Dilution is the Solution
Up 15.76% right now for today. $5,876.00 as my daily gain.
We will see at close how the overall days run looks.
.0002.
Looking the same every damn day. Not to mention the .0001s today. Down 99.9 percent over the past 2 years.
Everyone who averaged down dozens of times are buried deep. They have NOT enjoyed this ride.
Good sarcasm to highlight the "predictions" in the first minutes of the trading day.
I'm always amazed when people make such comments in the first hour of a days trading.
Most would chose to wait until close.
If volume is down it means people are holding their shares, current dilution is minimal, and PPS will thus increase.
Chase it up. The time to buy was a couple of days ago.
Not looking good? LOL!!
Up 7.39% so far today.
Actually only 2 small vape shops, not 3.
52 W low .0001.
Still .0002. Did I miss anything?
150 a month on a useless habit. Put the same cash into a 401K or IRA.
Think of retirement now, not when it is too late
Still here w 520,000 shares
Not leaving trips soon. Can't even make it to .0004
But it came from the number one LIBE and Cigawatt supporter.
Brian will be a consultant and marketer according to the number one LIBE supporter.
So, Cigawatt plans to keep Conway on as a consultant and marketer according to a long who has regular contact with the CEO. In fact, it is claimed to be the "best part" of the deal.
Conway is transferring shares but remaining in a paid role.
Cigawatt has 2 tiny stores in 2 tiny mid west towns, and a tiny on line store.
Net income already low, now they will pay a CEO, and pay Conway as well.
How can they afford it all and carry 3 billion shares in the OS?
Dilution is the Solution. Sell shares to pay for it all. Insider enrichment, stuck holders holding the bag.
Added 5,000 more shares. Good retracement, holding well now.