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There has been a constant low volume bid dump since the conference after those buys that saw us hit 52 week highs. One of the stranger trading patterns I’ve seen. Especially after this had built such a strong foundation for a year and a half. My guess is it’s low volume manipulation to load. But who knows? I think the company is fine most likely.
LIGA can easily fix the SP. Not sure why they are waiting so long, but who knows.
I think you hit it on the head. Too often on Ihub, people think you have to either be an unrealistic promoter or a money hungry basher. There are certainly both of those, but there are also those in the middle.
The OTC is a wasteland of scams and companies that promise things and never deliver. Many even take the first steps that are real - in order to get investors - and then take that profit and never deliver. Its fair for those of us that watch the OTC to have at least some questions of what LIGA is doing to finalize their plans. They continue to struggle to deliver on the important stuff, but it sure does look like they are making progress.
The other major scare in the OTC is of course dilution/RS/manipulation. LIGA is thankfully not diluting or doing a RS, but unfortunately they haven't addressed the manipulation or a strategy to overcome that or the share structure. I think until they address both of these and provide a real product, the SP and all us longs will be waiting many more months.
The other thing to consider is that anyone that’s not a director that has interest in buying into the company could easily be doing this. They wouldn’t be technically insiders, but pretty close. Until they own 5%, we would never know.
I was a bit frustrated the company didn’t answer one question from twitter or personal emails that asked about this manipulation, the audit, uplist, etc.
Back to the .002s we go. Wonder if the manipulation will see us back in the trips. Well played game by whoever is doing this.
I’d call that manipulation as I said earlier. Whether it’s outsiders or someone that knows where the company is going, it’s pretty clear what’s going on.
Yes haha. Some of our marketing is a bit confusing.
I have plenty of LIGA stock and I don't hide in the shadows of my words like most here on Ihub (not saying thats you). I don't care or waste my time playing games. I own just under 5 million shares here, which, for me is a decent chunk of money. I know many of my friends and family own another 5-10 million. We all want the best for LIGA. The manipulation is pretty strong on this stock though and my only question was why the company didn't address it.
Thankfully I got in early, sold on the big run and rebought, but Im certainly in the red now with the rebuy haha. The profit from the first run well outweighs the current red, and I have no intention to sell anytime soon.
Well played to whoever is behind this game. I’m sure they are about to make a lot of money.
Is any other real LIGA long a bit confused by them not addressing the manipulation, the SP tanking after the conference, their goal of uploading, an audit, or anything like that? I felt like those were most of the questions on Twitter and sent to them.
Finally listened to the podcast. Seems promising for the future ventures. But a bit frustrating that nearly all the questions on Twitter were directed at the blatant SP manipulation and that wasn’t addressed at all. Not surprisingly, the manipulated downtrend continues.
I get your point and I appreciate your experience. I do not work in that world at all. I have run some larger organizations and my own businesses as well tho. My point was, Regardless of the complexity of a goal, give yourself the time and planning to execute it. Especially if you tell others that would be the date. I’m glad the podcast is out and I’m excited to listen. I’m always hopeful LIGA grows massively!
That’s semantics. Obviously I’m for LIGA and I’ve been long ever since I jumped on board years ago. A podcast isn’t rocket science nor is communicating with shareholders or sticking to timelines. They had a whole month to get a simple update podcast out and they just didn’t. Not sure what the reasons were.
Clearly this isn’t a big deal, but at some point LIGA needs to do a better job with communication and meeting timelines that they set.
Maybe, but this is ridiculous for a company claiming to be hoping to get out of the pinks. LIGA has been silent for nearly a year. Dont post that you are going to release a podcast today and fail to do so. It just gives fuel to everything negative about their current status as a pink that doesnt live up to their word. At the very least they could have updated their twitter to say when it would be released.
They do always like to do things at the last minute it seems....
Ok haha, I agree. Tricking or partnering with a politician could be done. Tricking or conning a company tied to the largest home builder in the US would be quite a bit harder. Doing both is even less possible. There are games going on, and possibly the company has a part to play, but I believe they are bound for a major run at some point.
And when I say the company has some part to play: I’m saying they have to figure out how to build a company and shareholder value, while dealing with a tough share structure, being in the pinks, trying to eliminate the penny flippers that got in the trips, legally doing things the right way, legally PR’ing things with Horton, etc. that’s a lot of behind the scenes stuff that we don’t usually talk about.
Did we finally clear out those clowns in the .003s?
Haha. Exactly. The only thing LIGA has been weak at is information and marketing. Operationally, they are fine. I know the delays have been tough, but they do happen on major projects.
I’m always intensely skeptical of all OTC companies. The keys for me that reassure me about LIGA, have been the video of an actual councilman of Nashville vouching for LIGA, Horton partnering with us, and their willingness to do a conference open to the public. No truly BS OTC company could pull that.
I’m glad they finally sent out that much needed update.
There’s no reason they shouldn’t be doing that on this podcast. I’m sure there are a select few legal issues with what they can talk about in regards to their new partnership, but they need to start being more informative of what’s going on IMO. Ive been very happy overall with LiGA over my years here, but it’s pretty strange that they don’t even mention a single thing for two months after the conference as the SP gets destroyed. Especially after they just partnered with such a major player.
They are fair questions and I do think the company should answer them. I don’t know if they will though. Still not sure why they haven’t put out a date for the podcast either.
Last day to get your questions in for the podcast according to their twitter.
Either way, the company needs to do their best to figure out who is playing these games and find a solution to it. Staying silent is clearly not working.
Also, you have said this many times - there is no way to prove who is doing this. It’s clearly not any true insiders, but no one has to be disclosed that doesn’t own 5% and is not an insider. That’s over 100 million shares and a lot of firepower to manipulate a stock. Hopefully whoever is doing this is almost done with their games.
Asking again, has anyone heard from the company when this podcast is going? And yes I have attempted to ask them directly.
And 99 out of 100 OTC stocks are garbage scams as well. LIGA is clearly one of the legit ones, but their lack of marketing/information as well as no solid product that they can actually market is killing them. Add in whoever is trying to actively attack the SP - and the company seems like they are in an interesting spot. I’m still surprised they haven’t updated shareholders on the date of the podcast. Those kinds of details would be easy to fix going forward.
Still someone dumping millions into the bid I see. I wonder what happened after the conference for whoever this is to be playing this game.
Unfortunately I wasn’t at the conference and LIGA hasn’t updated anything on Brentwood in a bit, but grading would essentially be one of the last steps before building (that’s with the assumption they have already completely finished zoning and financing - which it seems they have).
Here’s a very basic link for anyone not familiar with land development:
https://www.fortunebuilders.com/raw-land-investing/
The behind the scenes stuff does take well over a year, but once that’s taken care of and infrastructure is put in place, houses can go up quickly. They certainly should be close to the infrastructure phase?
Anyone have a date for this podcast?
I would agree with you in some part, but there is also fair valuation of companies based on revenues and market cap.
It wont be a pump if they have a real product and a billion dollar company is part of that.
J45, not sure. But, for me personally I am tapped out currently in what I can invest. Can’t provide endless bid support when some group is able to bring 50-100 million shares to intentionally bid whack the support. We probably traded well over 500 million to 1 billion shares in the range of .014-.005. Yet someone was able to easily walk this down at a minuscule fraction of that.
Common sense says it will rebound.
I think you are right about the RS. It really makes no sense. I do think it’s fair for outside smaller investors to feel questioning of what is going on with the SP though as well.
I did email everyone’s questions to LIgA two days ago, so hopefully they address them. There were too many for me to bother with twitter and I’m a real person on Twitter haha.
I 100% agree with you and this is a major weakness of LIGA that absolute needs to be fixed and should be easy to fix. They are an OTC pink company with major ambitions. There is no reason they shouldn't have a stronger marketing/social media presence. Im not talking about fluff OTC PRs. Im talking about standard business practices in the modern age.
Updates via twitter. Actual pictures of updates on progress. Joint PRs with partners. Videos of a conference they said they would put out. Probably a dedicated employee to handle all of these with the ability to answer easy shareholder questions. I love what LIGA is doing, but whether this is the OTC or any other market, you have to have some form of marketing as well as shareholder accountability. Just my two cents.
That is a true statement and great for those of us that got in early. Also impressive growth for new management. Unfortunately, anyone that bought the last one- two years is down. And the stock is getting blatantly manipulated by some group. Company is legit as you said. The games will end at some point.
Who is putting up these ridiculous asks?
For those that want to send any questions to the company, I will make sure I send them along. Feel free to post them on the page or private message me.
Bulls winning this fight. Action has been great over the last two weeks
Sarcasm or no?
Hahaha. Well played good sir. I do think partially accurate timelines are important for both companies and investors though. Having no timeline or blatantly missed timelines are tough even for companies like Tesla, let alone companies in the OTC where everyone assumes you are lying.