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KBM Worldwide - not sure what else I can add there.
Jan note from Keener is paid off
March notes are due Sept and will be handled.
Just KBM swinging for the fences. I'm going to stop here - either call me or wait for PR/ Twitter to discuss further. I think this is about as far as I can go here.
Thanks
Brian
845-610-3817
Just to clarify:
JMJ does have a note left, but it does not convert until Sept - plenty of time to pay it back with what we have planned by then, and it's small.
KBM has a $64k note we couldn't make a deal happen with and it's converted hard the past few days. $32k left, that's half sold in days. At this rate I expect they just want out ASAP which will end the selling pressure from notes.
LG Capital, who were VERY cool with LIBE over the past two years (we hit .39 while they were converting, and went over .20 a few times with an avg low of .16, and never beat us up with reserve demands and penalties) want to discuss a credit line, becoming our sole lender next week. We'll need a credit line for one of our acquisitions to continue business under Liberated. We may never have to draw down on it, but it would be good to have just in case. LG bought the Eastmore note for us as a sign of good faith to do business and are not converting it.
We have so many orders pending that it looks like money should not be a problem again - IMO
Just received their 3rd conversion notice since last Thursday. I feared they would beat us up over months but you are correct - they're slamming out of their position. Today's notice shows @ $32k balance on the $64k note. At this rate they'll be done in a week and hopefully...pressure is off our stock.
This isn't Keener by the way - JMJ's convertible notes are done. This is KBM.
I'll speak more on Twitter/ facebook once I clarify in a PR that investors can rely on news from those sites. Lawyers tell me that as long as investors are made aware of what social media we use, I can post news as it's actually developing instead of dancing here or waiting for a PR.
I haven't sold one share of LIBE since I became CEO. I still own the same amount I had back in Sept
Nice ripoff report. The English is as clear as the one who posted it here.
I'm actually busy with the acquisitions and new business atm to spend much time here the past two weeks. But I see the inmates now run the asylum. I wonder who's benefiting from the bashing? I did get a phone call today from a guy named Dan who will remove that report for $900 - nice scam.
I will release news as it's relevant, not just to pump share price. BTW, I was an investor before I was hired and if you claim I was the secret CEO for two years prior I guess I'm owed some serious back salary... FINRA knows everything as I have been in contact with them, especially discussing VFIN.
Working on an update asap to answer questions. Boston order ships tomorrow.
I've heard nothing back from Jay Fang, principle over at Eastmore. I do know this is a popular week for the rich to take a vacation - hence why we're all still working lol
One down, waiting on a final signature on 2nd so Mon/Tues is looking more reasonable.
There's two others that are still a few months away. Hopefully we have the $$ by then to address. Hence bringing revenue from acquisitions and sales.
Do some homework - it's clearly explained all of the avenues I pursued in effort to "do something" about the notes. Easiest thing I could have done was delist which would have burned everyone or a reverse.
What would you do?
I've e-mailed and left voicemail's since Thursday asking if they would consider selling the note. I haven't heard back, but they're also not converting, so their silence right now isn't a bad thing...maybe we'll get lucky and they're "swimming with the fishes"
It's with Eastmore. Sorry, I thought I said it already.
Call me with any questions as I only peek in here from time to time, usually when some IR guy or lender is chewing my ear off with promises of rainbows and unicorns,
845-610-3817
Nice job Pep - last conversion just came in for that $8k - 36,085,754 shares, balance is zero.
One active note left of $48k and they haven't converted and my offer is still out to repay.
So, last 2-3 days they got their low spike for the conversion price, I expect selling (unless they're covering). I'm sure the educated out there can see how this played out.
All IMO
Brian
Wow, I posted before I saw this Carini - great finds
Thanks for the head's up - AGOil is run by Bob Poirier who's a big investor in LIBE (thru the open market). He's been a great resource regarding manufacturing, etc. as he's the inventor of those chicken gumball machines that later used the Flintstones characters - huge deal in the days before Pac Man. He's been around the block when it comes to distribution, etc.
My understanding is that Leland Ogle died last year and his son works privately as an attorney. So there's no involvement there. I just took a look at the top 20 selling gun oils and in comparison this product looks and sounds sexier. Anyway, thanks for the input.
Brian
It would be restricted with the CEOs becoming affiliates operating under LIBE as a subsidiary. There may also be a portion of class C preferred without voting rights.
First off, what my contract states and what I take each month are very different numbers.
There's been no conversions last week or this week so far. We have a $50k note with @ $48k on it and I made an offer to buy it outright last Thursday. Still waiting on a response. The other converter has $8k balance that I'm sure will be completed soon {but I'm not paying $32k for an $8k balance).
I didn't expose myself to this level of scrutiny to make pennies, as again, I had close to 1 million dollars of stock free and cleared last year I could have sold. Goal here is to acquire revenue producing companies to add value to LIBE while we generate sales. I wish it would happen faster, we're doing our best.
Can we have our detectives take a look at www.americangunoil.com
Great name, great product - a little outside LIBE's wheelhouse but it's available for a song. Love to hear some thoughts as it's owned by one of you - a shareholder.
LoI's went out yesterday on the other two, hopefully have something out soon
Brian
I pulled a shareholder list on the 18th
Looking at 594,358,021 O/S and 3 billion Authorized
Word is I probably shouldn't discuss them here at all - it's in our filings who has notes. Balance wise last week's 8k plus what I just posted today pretty much sums em up.
Make yourselves happy - I made myself an affiliate while I had 12 million free and cleared at a pps of .07. If this was about me just making money I'd have sold off then and taken the VP job offer at HEMP.
Clearly I went another direction because there's much bigger rewards turning LIBE around than running from it.
OK Billie Jean, clearly you don't understand how convertible notes work.
It doesn't matter what the price is if they convert their shares at a 35% - 45% discount of the lowest closing price in a 20 day look back. So what we keep seeing here is a spike down in price, conversions would come in after that close, then they let it breath upwards again and make 3-4 times the money. We also see walls come up to prevent the share price to increase, which in my opinion looks like shorting.
Fair is Fair!!
bad 80's movie reference - enjoy the weekend!
Not one share has been sold by me, or any affiliate since I took over. Aside from under 10 million issued in the first month to make good on Pringle's promises - no shares have been issued outside of convertible notes - again signed and created under Pringle's watch.
We did have two conversions this week. One knocked the balance down from $18k to $8k on their note and the other was much smaller, @ $4k. I'm currently attempting to buy that one back, as well as another that matures in a few months. Total for the first one is $48k, 2nd one is $64k.
In the past I've said I don't want to talk about deals until they're done, but I know shareholders would like an idea of what we're doing on the acquisition front. So hopefully early next week I'll have LoI's signed and I'll release the names in a PR. In my mind the deals are done, it's the lawyers and accountants making the process slower than I'd like (of course they bill hourly so...).
We just got the measurements of the base plates from Boston yesterday so they'll be cut and welded next week. Looking at the week after the 4th to do the show and tell in Boston. Our distributors have been holding back orders until after this event.
Voiceflix is working on finishing the Guard Lite site right now, a blog/media site, as well as revamping the brochure in time for Boston. We received new logos this week. They'll also be in Boston to capture footage for one of the 4 videos they'll be producing.
Fuselier and Voiceflix will be paid with restricted shares, both well under 100 Million.
That's the short version of this week.
Thanks
Brian
845-610-3817
From: Yakov Borenstein [mailto:yanky@unioncapitalfunding.com]
Sent: Wednesday, June 17, 2015 4:18 PM
To: Abe Vail
Cc: Brian P Conway
Subject: Re: Opinion and supporting documents for the issuance of 15,599,303 shares of LIBE to Union Capital LLC
Brian,
You know well enough that the 15 Million was only a double print to tally the days sales and not a last minute bid whack.
Yes it was us and our broker messed up by not breaking up the avg total and also by printing it to early (called him and let him have it for that mistake) but you know those sales were done throughout the day and it was all on the offer without any bid-whacking!
Either way we are done and out and wish you only the best of luck for yourself and Liberated!
We appreciate you coming round and working this out with us, it means a lot to us!
Thanks again for everything and sorry for that last blip.
All the best,
Yanky
Yanky Borenstein
Union Capital LLC.
365 Kingston Ave
Brooklyn NY 11213
646-699-1153
Thanks! I'll pass that along to Eastern Energy as they have been experimenting with various turbines. I've seen 3 bladed and cupped versions, but the real issue is that you have to go overseas to find cost effective ones as the rest of the world seems far more advanced in alternative energy. I'd love to say the entire product is "made in the USA" but until we make the turbines ourselves US versions cost much more and perform less.
I have been dabbling with the idea of offsetting the foreign part with perhaps a % of sales going to the Wounded Warrior Project or another similar charity - Often we forget this isn't just about money, we'd really like to change the world, and we'd like to start from here in the USA.
8-K's should be out in the am - debt and regarding recent news. Problem with a west coast attorney, always behind
The website clearly states Beta. Voiceflix will be working along side Eastern Energy to update with the correct numbers and product features. For immediate product questions feel free to contact:
Fred Hauber, CLMC, CSLC, CLEP, CET, REP
PH: 609-801-1990
FX: 609-801-9393
CL: 609-703-9606
fred@easternenergyservices.com
We are currently waiting on the measurements of their existing bolt placements so we can cut the base plates. The Guard Lites are ready to ship otherwise. I'd give a soft ETA of the week after the 4th.
Well I guess I should stop answering your questions - checking with attorney now
That info will be in our filings - I can't disclose that here and not to the rest of the world.
I just answered this.
Union Capital is now done - period. No more notes with them.
JMJ, Union, and Gel done - LG has $10k remaining and another note that doesn't convert for 4 months (hope to pay that back).
Waiting on balance from Eastmore
Union Capital, LLC Conversion notice just came in for 15,599,303 shares priced at .0003
Balance on note - $0.00!!
So when they were sold, who knows? They'll have a cert issued tomorrow - They converted 23,007,879 on Thursday - so there's the additional volume the past few days IMO
Thanks
Brian
845-610-3817
Received an e-mail last night from LG Capitol Funding, one of the note holders, in which they just wanted me to know they hadn't sold shares yet from last Thursday's conversion of 18.9 million shares and they would most likely sell today. They have been really cool in the past, holding off when I've asked, not killing our reserves, etc. Obviously they would have made more selling yesterday, so kudos for to them for having ethics when most just want to make money.
After this conversion they have $10k left on the balance of the note.
From: Gabe [mailto:gabe@lgcapitalfunding.com]
Sent: Monday, June 15, 2015 6:42 PM
To: Brian Conway
Subject: LG
Hi Brian.
I asked Eli to call you because I want you to know that we didn't start selling yet - we weren't involved in today's activity. I heard him leave you a message but wasn't sure if you spoke (he left for the day). We'll probably be able to trade as of tomorrow morning but again - I don't want to be blamed for other company's lack of consideration and finesse.
Regards,
Gabe
That's NOT the same David Fuselier - seriously folks, he's here to help with mergers and acquisitions - not finance or run the company.
I usually post to offer transparency where there used to be none. In the future I will keep my responses to our blog site.
Yes, please do
Lawyers, auditors, etc have been involved for weeks.
I believe NLEF isn't doing business atm. Years ago they had great success selling iced tea at a loss of 5 cents per bottle, though Rachel Ray seemed to like it a lot as per her magazine - we did our homework. Not really our concern - plenty of positives already in play.
I'll PR the company names the moment the acquisitions are done. I'm not going to LoI us to death like past management.
In the meantime, with David's group on board I can refocus on sales and distribution - This week I'd like to hire an advertising agency to finish our website, corporate and product video production, ad placement, etc, and to work alongside the public relations firm we have in mind. I have worked closely with Spelling Communications, Gregory FCA, and Ruder Finn over the years and one of them will be instrumental in getting our company and product out to the masses. Our other distributors have orders pending, and the Boston order is almost ready to ship. Then we have an event to plan.
With my plate pretty full, Fuselier & Co. will handle our remaining note holders, structure the acquisition deals, and take over talks with the larger companies who've been inquiring into us.
Thanks
Brian
845-610-3817
Seriously Elk, you've been addressed a few times on this HEMP deal - we sold them 20 Guard Lites, end of story. The JV or whatever Pringle was up to simply has no place with LIBE current business practices.
Past unpaid bills left behind by Pringle aside, our monthly burn rate is under $25k per month.
I haven't had time to read all the posts from the weekend, but I'll try to answer any questions I can throughout the week. I did spend all day yesterday traveling thru upstate NY looking at a few private and state universities with the goal of replacing hard-wired, halogen campus lighting with 100% green, self powering LED lighting and security lights. (Hartwick and SUNY Oneonta as two examples)
Thanks
Brian
845-610-3817