Crazy pumps on the LIBE board once again alluding to a connection to GRVE (that does NOT have any CBD products on the market) have brought me back to this board.

All feel free to check out GRVE trade volume, and lack of products on the market. No CBD, no revenue, no volume in trades.

I guess the consulting work that Brian Conway did for GRVE produced nothing but complete failure.

That's great for freedom of choice for Missouri consumers and for companies that have licenses or have applied for licenses to sell medical marijuana. Glad to see it.

It's way past time that Reefer Madness ends, considering that alcohol and tobacco are legal and far more harmful to health and well being.

Not sure how that helps LIBE/CIGA though. Irrational expectations of LIBE/Ciga entering the medical marijuana business in the short term will prove very disappointing in my opinion.

There is the story of LIBE from the past 4.5 years in only 7 words. Very well put.

New investors entering at .0002 should be fine and may indeed see some nice gains in coming months if dilution can be controlled before hard close.

Longs can finally hope to recover a portion of lost account value. Things are looking up for LIBE.

Who could doubt a empty shell that had no products on the market, no revenue, no assets, and a CEO who had failed to bring to fruition every great deal that was promised, pumped, and promoted for years?

A CEO of such a stock might attract gullible investors who would believe every wild claim, every ridiculous concept presented, and think retirement riches would be the end result.

Entering the stock at .10, averaging down dozens of times, riding it all the way down to .0002. Millions of shares in the bag, average well above trade value that is tracking between .0002 to .0003.

Over the top ridiculous pumps conceived of and posted for years, across multiple social media platforms, to bring ever more suckers into the bag.

Predictions of a buck a share (plus) by December 2018, only to see it in triple zeros instead.

And then, when the empty shell finally accomplish a soft close that might FINALLY actually hard close, with a small VAPE company with 2 stores in small cities, and a tiny on line store, the stock rises all the way up back up to .0002.

Of course it is fine to detail every draw back on one stock, but when drawbacks of the above empty shell are exposed, the rage begins to build in the empty shell bag-holders.

The rage builds and builds that the empty shell is exposed, and that the fallacy of averaging down dozens of times from a dime to .0002 does not pay off.

The rage that the empty shell is exposed and the wild pumps are analyzed and proven false. The rage of the plummeting stock value - and looking to blame others rather than look into a mirror.

Strange how some became foe's over a penny stock. But the rage when a empty shell scam is exposed and all the ridiculous pumps are exposed can become all consuming I guess.

Who knows how such a thing could manifest, and what the rage filled empty shell bag holder may project onto others....

The following information is compliments of member BriarPatch:

Unclear what the message is.

Try this link instead: http://archive.fast-edgar.com//20190301/A32ZT62CZ22RNZS2222H2ZX2EL7SZZ22QBB2/

LIBE is not licensed for medical marijuana and the hoops and costs to apply for a license are huge. Big bucks to do all the legwork to even apply.

Any social media posts from libe or cigawatt saying they even intend to apply?

Sure is nothing on their web page nor in SEC filings.

Wasn't me calling for the 2,000 to one RS.

I COMPLETELY agree the calls for and/or prediction of a 2,000 to one RS are a " foolish prediction".

And the rest of the assumption of NASDAQ up-listing?? LOL!!


Such a RS would lead to immediate and dramatic loss of value in PPS beginning within hours of such a massive split.

NASDAQ vigorous requirements: https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

Just a couple of the hurdles:

Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no single year in the prior three years can have a net loss.

Standard No. 2: Capitalization with Cash Flow
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

https://investorshub.advfn.com/boards/replies.aspx?msg=147232007
Some are predicting a massive RS.....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147230685

Calls for a 2,000 TO ONE SPLIT!!!! YIKES!!!!!

That is a HORRENDOUS REVERSE SPLIT CALLED FOR and predicted!!!!

Well said!!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146570231

If you follow this thread below, some are predicting a RS of 2,000 TO ONE!!
Read the replies as well.

The claim in dispute is that cigawatt is buying out cigawatt.

LIBE is not yet Cigawatt, and Cigawatt is not yet LIBE. And will not be until hard close.

Could the money exchange hands multiple times in the future?

Possibly so. But the current claim that ciga is buying out ciga……..

I'm out for the day.

Cigawatt is not buying Cigawatt - LOL!!!!

LIBE has to come up with 200K to buy Cigawatt.



Cigawatt is not in Canada, Cigawatt is in 2 small mid western cities with a very small on line store that sells fidget spinners and vaping products.


Running up the post count??

which shall be paid in installments in the form of cash, check, wire or other immediately available funds

- not in preferred shares.

Correction - shareholders of LIBE to purchase Cigawatt shares. Why would Cigawatt buy their own shares of Cigawatt?????


It is LIBE until hard close.

Claims have been made earlier today that preferred shares will cover the $200,000.

That is not true.

From the actual SEC filing:
2. Purchase Price. The purchase price for the purchase of the Purchased Shares shall be USD $200,000.00 (the “Purchase Price”), which shall be paid in installments in the form of cash, check, wire or other immediately available funds.

So regardless of claims earlier today, no preferred shares can be used by LIBE to purchase the Cigawatt privately held non public shares - only cash, check, wire or other immediately available funds

Truly Incredible

LOL!!!!

A "pupil" can learn much by watching the errors of others!

In my opinion, brand new investors who buy at.0002, and if it hits .0004 sell 1/2 of the bought shares, would have minimal risk and potential nice upsides riding the "free shares" left after selling half.

Bringing up that SEC "allows" social media posts appears to be an attempt to infer SEC endorses the accuracy of social media posts.

Instead, SEC simply ignores social media posts as immaterial one way or the other.

I'm pro INND, and own 210,000 shares. It should do well over the next 12 months.

However NASDAQ has vigorous requirements: https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

Just a couple of hurdles:

Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no single year in the prior three years can have a net loss.

Standard No. 2: Capitalization with Cash Flow
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Other exchanges are doable in short term.

Uplisting to NASDAQ is years away. The requirements are quite detailed

Lesser uplisting is possible within 12 months

All long term multi year readers of the board acknowledge Winters and Conway are one and the same.

There is nothing inherently negative nor positive about Conway's previous use of a handle on ihub.

It's simply a fact

Great!! Much better than tweets and FB posts!

The "time" timeline? Is NOT accepted by the SEC. lol!

Media posts are "allowed", but not individually accepted as has been inferred here.

Social media posts are ALLOWED by the SEC, but not ENDORSED by the SEC


SEC does not read every company's social media posts and endorse each one.

Social media posts are just posts, and have NOTHING to do with the SEC!

Yep. No preferred shares can be used to purchase Cigawatt privately held non public shares - just as stated and then debated today.

I made one update to the intro section based upon the 8-K.

As new SEC filings occur, intro can reflect the changes in status of
LIBE/Cigawatt.

I can only update the intro with fact based SEC filings without consulting with all other mods - in other words on any non SEC filing intro updates.

Each moderator only gets one sticky post. 6 moderators, only 3 stickies are up.

I do see one new sticky posted today that is updating the current situation.

I agree. Thanks for helping clear the air of incorrect claims that Brian is already out and Janelle already in.

Conway is still CEO and still has the LIBE preferred shares until hard close.

Thanks for the information in a non confrontational exchange.

GLTU in the coming days.

Very reasonable.

The past few days have had claims of zero liabilities and NO dilution. Clearly that is nearly impossible.

Clearly the conversions have been dropping shares on the market. I sure hope so - otherwise the PPS in a track of .0002 to .0003 on news of the imminent (now complete) soft close is pretty bad.

Better dilution holding PPS down then no one wanting the stock.

Can you clarify the claims that Janelle is now "the boss" and Brian has been "defanged"?

It is my view that that Conway is still CEO at this time. And will be until hard close.


Which shares does Janelle now own? My view it is still her personally held shares of Cigawatt, and no LIBE preferred shares "yet". Janelle will get LIBE preferred shares upon hard close - not soft close - correct?

Do you have any information on Brian's deferred salary?

Do you agree that ALL liabilities will be settled by hard close as claimed elsewhere?

Where is the SEC filing for that?

Last SEC filing indicated LIBE would pay $200,000 for all Cigawatt private company shares.

Clarity of information would help a bit here.

Which shares?
LIBE shares? Which LIBE shares?

Cigawatt shares? Yes Janelle owns "some" of the Cigawatt shares until LIBE buys them.

I go by SEC filings. Twitter and FB posts? I don't follow them and rarely read them.

LIBE is buying Cigawatt shares - FACT. Is the new claim that Janelle has purchased all the LIBE preferred shares??? With no SEC filing for it?

Hello to you as well.

The 8-K does NOT say that Cigawatt private investors will accept $200,000 in preferred shares.

the Company entered into a Stock Purchase Agreement (the “SPA”) with CigaWatt, Inc. (“CigaWatt”) and the shareholders of CigaWatt to purchase 100% of the outstanding shares of capital stock of CigaWatt in exchange for $200,000.

So where is this "preferred shares" payoff of the 200K listed in the 8-K for the soft close?

Soft close is not the same as hard close. Conway is still at the helm and still CEO.

Thank you for real world facts on the finances at play here. Can you resolve some of the other questions that have been raised?


All this talk of 2000 to one future splits and NASDAQ have detracted from real and current concerns and questions.

Which company has $666,790 to pay off the last quarters listed liabilities?
LIBE? Or Cigawatt?


Have the court judgements been paid? Brian's deferred salary?