I have seen this many time before and will have many times in the future. I have made the fatal mistake of pulling out on the second day when a stock goes down and then regretting it the day after as it goes back up. This happened to my recently with LIBE, Liberated Energy. I got it very low (.0006) and it went up to .0012 the next day, the following day it went down to .0007 so I panic'd and sold for very little profit ($1200). The very next day it went up to .0018 where I could have made 3 times my money. I have taken this kind of lesson as a learning point. When something skyrockets like this did, there is ALWAYS some type of pushback. It is inevitable, but there is a very good chance that it will run harder within a day or two from the pushback. I am looking to sell much higher than .01, so if you don't like money drop your shares now. If you do like money, hold on to what you have and wait for another day.

Another 911 buy was done at around 10:30 this morning... Not sure what this will do to the stock. I have seen this drive stock down , but most times I have seen this make it sky rocket into space and beyond. I have seen a 911 call with news create over 2000% increase in stock price in the past... It all depends on the news that comes out! I am very anxious to see what is coming as these levels will not be around much longer!

Brooksda,

I like your example, but LIBE is not expensive. LIBE's competition charge 3-4 times as much for less and they are doing just fine. Buying a Guardlite from LIBE is like buying one of the expensive recessed LED flood lights (120W) for the price of a normal household bulb (60W). All I am trying to say is that LIBE's Guardlites are 75% ish cheaper than the leading competitor right now. They will have a huge market to dive into and will take over those more expensive companies with a quickness.

suha,

An increase of A/S to 3 Billion is not that big of a deal, as you may assume that it is. The increase of Authorized Shares is due to the fact that the share price has dropped and they must keep a certain amount in reserve, for legal reasons. Most times, when this happens, it is because a business is having a lot of trouble and needs the shares in order to pay off debt which makes things more toxic. This is not the case for LIBE. LIBE is a legitimate business with a real future and could very possibly go through an R/S next year to reduce the amount of share authorized. It has already been stated that an R/S will not be done this year, but this does not mean that it won't happen next year once they are receiving some serious revenue. If you have any questions about the A/S increase, you can either call Brian or you can do your own due diligence.

bme,

To be completely honest I am not positive on what is going on, but I can give you my best guess.

Before LIBE shot up to .013 it was nearly 1/10 of that price around two weeks before that. This can cause a huge surge of buys, but it does not explain the exponential jump in shares being traded. Now, not too long ago the Authorized shares were raised to 900M, but the O/S was not changed and it does not seem to be the case in the future either. I can tell you that the stock price has not been that high in over six months, which means that all of the bag holders that were waiting it out and trying to either break even or at least make a small profit were waiting for a jump such as this. Every penny stock on the market jumps during tax season, the only question is where you get in on the action. Did you get in at the bottom or did you get in right before it plummeted... I can only guess that people that have been buying and holding and missed their chance to sell for the price this stock is actually worth. Since they missed their chance, many note holders are seeing the typical downward trend that starts after a major jump like the one we had from 24 March to 7 April. When they see this trend they run like there is no tomorrow and either never look back and wait for it to hit the bottom, buy more shares and try to make their money back. As a stock continues to go lower it will always scare more investors than it will bring them in, people want to see green for more than one day versus a week or two of red. Those people, like myself, who stick around and wait for the bottom to show up will be those who make their money back plus some. Bounces like this are like earthquakes, there is always an aftershock. Even if this stock does not go back up right away it will go back up and make some people a lot of money.

Also, I constantly watch 7 different stock symbol pumpers to see what is getting pumped/dumped and what is actually going to make people money. I have not seen LIBE's symbol get mentioned at all this year. THIS IS A GOOD SIGN!!! Those companies that need a quick buck or are dead end scam will pay these website to pum pup their stock with mostly false information. On occasion there is the rare instance that they pump a company that will go somewhere, but it usually not paid for by the company, instead a third party that is holding a lot of notes will commence such a push. Anyways I have gotten way off topic here.

In my honest opinion, people are running scared because they have the idea that this is another scam that will inevitably cause them to lose all of their money. This is not the case with LIBE, by any means. LIBE is one of the few stocks that should do very well this year as far as company advancement and continued revenue increases are concerned. As long as the CEO isn't doing anything illegal, which I have not seen anything yet, then this company has a very bright future. Those that get in at this level will have a lot of money to play with. A simple $3k at .0006 will get you 5M shares. If this stock goes back up to just 1c, you just make $47k off of a $3k investment. this is the way of penny stock, but there is always a risk involved. I have nothing but high hopes for this company and see nothing that will stop it from doing really well.

Stockless,

I am not an expert on the contracts that are made between companies, but I do know that each contract is different. Now, just because a security note matures, does not mean that the company is required to sell the notes that they are holding. More times than not one of two things happen. 1) the stock goes up and those with matured notes are happy with the profit and they dump what they have or at least a portion of it. When this happens you will see a stock do really well and then out of no where plummet, when this happens in most stock it is a pump and dump scheme, but other times it is just note holders dumping for a great profit. 2) If the stock starts to plummet, some note holder will bail and take the profit that they already have. When this happens, if the notes do not cover the amount owed to the company, new shares will be issued to the lien holder until the debt is paid in full.

Stockless,

Something to keep in mind to those companies whom are holding shares under contract is that there are stipulations for the sale of those notes. So, typically one of two things happen to cause a company to dump all their stock and dilute the crap out of it: 1) the notes have matured and the company can sell them freely at what ever price they want. When this happens it is usually due to toxic debt that was not paid in full before the mature date of the notes. So, the company or loan agent holding all the notes dumps them, diluting the stock, in order to get their money. Now, the second typical scenario you will find is that some loan contracts will have a lowest limit price set. What I mean by this is that if the stock goes down so much that it hits a rock bottom price, the notes being held are matured ahead of schedule and become available for sale. This typically destroys a stock and its price as it drives it for "holy crap I have lost so much" to "HOLY SHIT I'VE LOST EVERYTHING!" I may be a little of on verbage, but for the most part this is what I have seen over the past year and 3 months.

BTW, I have been studying the trends and situations of about 50 different penny stocks, most marijuana, over the last 15 months.

Panther,

Something you need to take into consideration is the setup of the stock. Just because the authorized shares are being raised to 3B, does not mean that the outstanding shares will increase. An increase in authorized shares allows the business to use the shares as money to do numerous things. The shares can be used to acquire another business, develop a merger, and in a lot of cases used as collateral for a loan. Despite the fact that using the shares for collateral is very toxic for a stock, there are many other ways that increasing the authorized shares is a good move for companies. Also, you need to realize that every company MUST have a specific percentage of stock in reserve.

Stockless,

A year or so go I actually bought LIBE for a profit around .20 before it became more known and was shipping products. However, that was a different time and the share setup was a bit different. This stock was pump and dumped last year and I have watch the slow decline ever since. It is a bit upsetting to see such a promising company go so low in stock price, but I do know that 1) it can't go much lower, I highly doubt it will EVER go below .0005 and 2) it WILL go back up. It is very rare to see a penny stock for a promising company go this low, I mean take a look at PHOT, they were suspended by the SEC last year and they still fluctuate between .02 and .03. It is only a matter of time before this gets really noticed and is either purchased by a much bigger company or receive a huge amount of funding to support their business. This is by far the MOST PROFITABLE company in triple zero land on the market. Most companies that are this low have Billions of stock notes and are dead end stock with nothing more than a losing side. LIBE on the other hand has shown very promising profits and is technically work around .0166 pershare if you take into account the 1.5M profits margin and the 90M O/S that are currently out there. The fact that ETRADE tells me that the company's worth is only 63k is obnoxious and quite disturbing! I and everyone else buying this low will make a killing in the long run!

Stockless,

I fully agree that filing the 12b-25 is NOT bad news. I personally think that the late filing could be due to new contracts that need to be addressed and compiled for the 10Q. I fully believe that the late filing is to ensure that all revenue is annotated and provided to the SEC. This late filing could mean wonders for the company and the stock holders.

I have been following LIBE for over a year now and know what the stock is capable of. Now, I am not saying it is going to go to .20 when the 10Q is filed, that would be crazy talk, but I do believe that we will be on our way to a recovery of EPIC proportions.

TBCH I was one of the bag holders that bailed out at .0008 losing over $6k, when I could have gotten out with over $5k profit when it hit .013. My wife is still upset at me for not bailing early when she told me to, and I kick myself everyday for not taking the profit. However, I do believe that LIBE will bring EPIC profits very soon. When I bailed out I only had just over 1M, luckily I bagged 5M at .0006 while it is down. If this even goes back to 1 copper cent, I will come out to $50k profit. So, while it is still low is the time to get in cause this WILL go back up!

I am excited for the future of LIBE and hope everyone that buys in at this price enjoys the ride as much as I do!

Yeah... I picked up 5,000,000 @ .0006. It was awesome to get in at such a low price!!! I can't wait for this to just return to 1C!!! $$$LIBE$$$