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Thank you for your response. I only provided a picture of the decal. Don't shoot the messenger.
LIBE people lazy from labor day weekend
We will have your day. I just think we will appreciate it more when it comes lol
LIBE will overcome
Let me know if you got info for promoting libe.
He does believe in the product. He was speaking in reference to a shell instead of taking on all the debt with the old notes. Taking the Guard Lite from LIBE and moving it to a shell. That was the reference.
Zip I agree 100%. Unfortunately the market is not on our timeline. ITS COMING SOONER OR LATER!
read again:
HE SAYS IT RIGHT HERE ABOUT TAKING LOANS TO REPAY THE OLD DEBTS
Winters Member Level Thursday, 09/03/15 10:50:01 PM
Re: None
Post # of 27202
Just a FYI from when I took over -
There was no exchange of paperwork, no briefcase full of documents with convertible notes, articles of incorp. etc, handed over to me. Frank Pringle and the only board member signed his resignation and then signed my contract.
I contacted the company SEC attorney - surprise! Frank hadn't paid him in months and he was dumping 9 mil shares before his vacation started (he's now in prison).
I contacted our Nevada agent for our articles of incorporation - surprise! Frank owed them $13k.
I contacted the company CPA - surprise! Frank owed them $16k
I contacted our auditor - surprise! Frank owed them $38k
I contacted the manufacturers and yes, surprise! they were promised half of the business and were never paid in full (I settled it with 30 mil shares, my only non convertible issuance)
Frank was billing the company $10k per month to license the patent. I called the patent attorney - you can guess it - surprise! Frank billed LIBE $68k in attorney fees to the company and issued the patent to himself and they were still unpaid
Then conversions started coming in immediately. Frank resigned the day before the K and Q were due, so I had to do filings based off of information as I gathered/ came in thru conversion notices. This took weeks to collect and obviously (as seen with Evans) not 100% complete. There were no records anywhere showing this relationship.
Our TA's attorney Rick Fox advised that we file an injunction to not convert notes until we have time to locate and find all the debt. Bad advice as note holders immediately began to start litigation that would have made my first PRs be 6-7 8k's announcing all of our creditors are suing us. I canceled the injunction and began negotiating with them - uphill battle as we pissed them off, but things were looking good until buying began. Most of you know the rest on that. Note repayment prices shot way out of our budget range to repay, hence dilution. The more dilution, the lower the PPS, the larger the reserves needed to cover the notes - which we were bound to maintain or face litigation of default. Hence the increases in A/S.
Now I had to take notes to repay where I could, cover all of the above, and continue to file, all while doing what I'm actually good at, building up a functioning business. I wish I could have just taken the Guard Lite out and start with a fresh vehicle, but I have built relationships with investors and for the most part, everyone seemed on board with pushing ahead.
The biggest curve ball was the passing of Lee Ogle, as he was setting up a large (non-toxic) royalty financing that would have rebooted the company and cleared the debt. The 1.7 mil order with Cool Lumens and Houlihan Capital died with him. December had us starting at scratch with everything I've mentioned above.
Now I don't try to pump the stock. I have tons of private messages cursing me out for NOT embellishing, hiring bullish IR, and pushing our PPS. I feel like an @ss when I have to give bad news, but I'm owning it regardless of "who's fault". But I do try to stay positive. When I know something, you know, and I always say "call me" with any questions.
Many of you know all of this as it's been posted before. But with new eyeballs everyday I think it's important to know our past to build a better future.
Thanks
Brian
845-610-3817
This is who is telling you about LIBE totally non-biased lol
Company Overview
HotStocked.com is owned and operated by Stara Zagora Kompani OOD, a privately owned Bulgarian corporation. Our company has been in business since 2007. We employ 15 people at our offices Located in Plovdiv, and Sofia Bulgaria
Investment Activity
Neither Hotstocked, or it's officers, employees, affiliates, or any related party to the company are involved in the trading of micro-cap stocks. The industry fascinates us, but it is not where we make our investments. In 2007, and early 2008, through a relationship with an affiliate, we did receive some compensation in the form of restricted 144 shares. For a complete list of the companies that compensated us with restricted shares, please visit our compensation disclosure page. We have never accepted free trading shares or shorted a stock featured in our publications.
Here is the number to Hotstocked.com 480 624 2599 in Arizona. Would love to know how credible they can be if they use IHub as their only source for an article lmao.
Don't forget Market Closed on Monday for Labor Day.
Since he's doing that would you like him to give you a wake up call every morning, pick up your laundry and breakfast in bed? Give it a rest.
He's said this before. This is not new
I'm pretty sure she was the lawyer for Pringle not Brian.
He's working on brochure for LIBE Not a single share.
Sib. No spiral here. We have actually held up pretty well in relation to the notes. I was in O@@H with you where there was no mercy
Incorrect at least half of that was retail.
Actually 300 million shares were traded. Someone sold and someone bought. Saying 300 million dumped is inaccurate at best.
THIS IS ALL PUBLIC RECORD. WHO'S DECEIVING ANYONE?
Quote:
--------------------------------------------------------------------------------
NOTE 5 – CONVERTIBLE DEBT
On October 8, 2014, JSJ provided $60,000 to the Company; the net proceeds the Company received from this offering were $55,000. The note is convertible at 50% of the lowest trading price of the Company's stock for the 20 days prior to conversion and provides for 12% interest and matures on April 8, 2015. As of June 30, 2015 the note was in default with a balance owing of $12,780
On April 20, 2015, the Company issued a Convertible Note (the "Note") to LG CAPITAL FUNDING, LLC ("LG Capital") for a principle amount of $31,500 with an interest rate of 8% per annum. The note matures on April 28, 2016. The note is convertible by the holder at a discount of 52% of the lowest trading price of the Company's stock for the 18 days prior to the conversion as of June 30, 2015 the outstanding balance of the note was $22,000.
On April 28, 2015, the Company issued a Convertible Note (the "Note") to LG CAPITAL FUNDING, LLC ("LG Capital") for a principle amount of $22,000 with an interest rate of 8% per annum. The note matures on April 28, 2016. The note is convertible by the holder at a discount of 55% of the lowest trading price of the Company's stock for the 18 days prior to the conversion as of June 30, 2015 the outstanding balance of the note was $31,500.
On March 12, 2015, the Company issued a Convertible Note to VIS VIRES Group Inc for $33,000 with an interest rate of 8% per annum. The notes mature on December 16, 2015. The note is convertible by the holder at a discount of 39% of the three lowest trading prices during the 10 days prior to conversion. As of June 30, 2015 the outstanding principal balance was $33,000.
On April 28, 2015, the Company issued a Convertible Note to Service Trading Company, LLC (a partner of LG Capital) for $22,000. The note bears an interest rate of 8% and matures on April 28, 2016. The note is convertible by the holder at a discount of 52% of the lowest trading price during the 18 days previous to the conversion. As of June 30, 2015 the outstanding principal balances was $22,000.
On December 10, 2014, the Company issued a Convertible Note to KMB Capital for $64,000. The note bears an interest rate of 8% and matures on September 12, 2015. The note is convertible to common stock at a discount of 39% of the lowest three trading price during the 10 days prior to conversion.AS of June 30, 2015 the outstanding principal balance was $64,000.
On October 13, 2013 the Company issued a convertible note to Catherine Evans for $75,000. The bears and interest rate of 4% and matures on April 6, 2016. The note is convertible at a discount of 15% of the average of the two lowest trading prices in the 10 days prior to conversion As of June 30, 2015 the outstanding balance due on the note was $7,405.
Same here. I have roughly 25 million.
Such conversion constituted payment in full of the outstanding balance on said convertible promissory note.
lets get up above 0008 or 0009 and churn again. Then do it again and again and again. GO LIBE
yup looks like they are gone.. 5 back up..go
Just so everyone knows. The other day someone showed 10k on the ask and it was taken out with 10k. I really think this is trying to scare everyone to keep us in this churning area.
Welcome back to the LIBE side
Morning buck and LIBE
Correction notes paid off
people waiting on official PR. Tweet out today about buyback. IMHO we will see more ask slapping as soon as PR comes out.
Winters Tuesday, 09/01/15 11:11:48 AM
Re: gwen-roller post# 26558
Post # of 26563
There are currently no plans for a reverse split.
All notes with KBM and Vis Vires have been fully paid off. Both companies commonly known as Asher, have had their reserves released back to treasury.
This was announced on the company's Twitter feed moments ago. Waiting on council to discuss a PR.
If you'd like confirmation in the meantime feel free to call me.
Thanks
Brian
845-610-3817
NOTES PAID! NO R/S! GO BRIAN
Glad to see my positive Buck back in ref to LIBE
zippin to a penny soon enough
you got them 6 up!!!!!!!!!!!!!!
300k left at 5
2 milly left on 5
I can retire technically in 10 more years. Let's see if LIBE can cut some years off with a nice run.
good morning all