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I sent my email request to attend the LIGA conference. Now I will wait to see when I receive an answer to my request. $LIGA
The conference will do a lot for LIGA shareholders. It will explain in more detail how the various operations work together and, more important to me, it will put faces and personalities behind the names we all know. Who are the leaders and who are the followers in the group. $LIGA
Wow, the 5th Annual Conference should be very interest. I would be interest in attending to hear first hand what is going on at LIGA.
Thanks for the information regarding Robert Plarr's bottle houses. I didn't realize wall and roof panels are made out of plastic bottles.
I don't think Mr. Baker replies to anyone. I e-mailed him a question, but didn't receive a reply. I have to wonder why he adds an e-mail address to his news release, if he doesn't reply to e-mails he receives.
The following two day StockCharts it shows mostly all buys which is good. A few shareholders just can't wait any longer for the pop up in price!
https://stockcharts.com/h-sc/ui
In reading through the 2021 second quarter 10-Q, I am very pleasantly surprised that there are NO financial errors that I found so far. I did see that Douglas Vaughn had 17,000,000 shares held in March 2021 and now in June he has 15,000,000. The shares outstanding have not changed, so maybe LIGA bought them back. I hope it is not an error.
Mr. Vaughn is shown as "Inactive" in March and June 2021 even though he reviewed the reports. I wonder what that means?
I respect Marvin Baker and believe he will make LIGA a huge success!
packaderm2001, What I wish and have always wished is that Clarence Smith would add a personal comment to his news releases. All other company news releases, that I read, have the CEO's personal thoughts regarding what the company has announced. They take ownership of the news they are releasing. If Mr. Smith is not excited about PKTX's news, why should the shareholders care? JMO $PKTX
Okay, LIGA closed at $.005 up $0.0006 on ten million shares traded. Will we see more increase tomorrow?
No it is not. PKTX's OTC status is OTCQB which is very good.
I'm happy to hear that Aric Simons is out LIGA also. Never really knew what he contributed to the company's welfare anyway.
I wonder what will happen to the 2.7% (63,403,553 shares) Simons owns? I hope LIGA buys them back for about $285,000 and cancels them. GLTA
Nice to see no one selling today!
I can't think of anything to hold LIGA back in the future either.
This table is not centered correctly but when I annualized 12/31/2021 and compared it to the past three years there is a striking improvement.
12/31/
2021 12/31/2020 12/31/2019 12/31/2018
Annualized
Total Revenue 3,818 2,894 4,198 4,239
Cost of Revenue 1,364 2,494 3,402 3,439
Gross Profit 2454 400 796 799
Total Expenses 328 503 547 675
Operating Income 2126 -103 249 123
Income from Continuing Operations
Interest Expense -466 -271 -467 -49
I took the current income from the 10-Q just issued and the prior years from the financials in the OTC Markets report.
I haven't been at my house for over a week and all my files are there, which handicaps my information.
My thoughts:
LIGA has not made Form 4 (STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES) filings for as long as I know, even though they continue to stress that LIGA has the plan to buy back shares. I believe LIGA officers have been buying all the shares they can and LIGA hasn't been reporting the buys. Any changes in ownership will be required in a audit. IMO
EICollector, thanks for the recap of LIGA's business plan reported in the 10-Q second quarter filing.
Something to think about. LIGA and SMEV are connected by Marvin Baker.
LIGA has a current PPS of $0.0045, with 2,348,220,850 outstanding shares for a market cap of $10,566,993.
LIGA also has ($381,574) Equity up from ($1,100,783) reported on December 30, 2020. LIGA reported Revenue of $1,909,754 and Net Profit of $829,978 for the six months ended June 30, 2021.
by comparison:
SMEV has a current PPS of $0.0135, with 746,745,310 outstanding shares for a market cap of $10,081,061 or almost the same as LIGA.
SMEV has zero Equity reported. SMEV also reported zero Revenue and zero Net Profit for the six months ended June 30, 2021.
I would say that LIGA's PPS will be increasing very soon. GLTA
The 6/30/2021 10-Q doesn't include a Management Discussion Report!
IMO, It appears that LIGA made a good buy with Brentwood, since the appraisal value is much higher than LIGA paid for it. With the auditor's approval, LIGA needs to book the increased value in the 20 acres to the current appraised value and update LIGA shareholders on the status of the co-marketing agreement with Horton World Solutions.
"In June 2019, the company reached a co-marketing agreement with Horton World Solutions (HWS). Despite
delays, this transaction could materially change the future profitability of the company. HWS is in the final stage of
activating their production facility and LIG Assets will more clearly outline the opportunity with HWS once the
production facility is complete and ready to start. Mr. Robert Plarr has been working with HWS over the past few
months to integrate his sustainable building technologies and methods into the HWS ‘affordable sustainability’
business model. Building the Panama City Beach home will accelerate this partnership. This partnership was
materially affected by Covid-19 as it delayed the construction of the manufacturing facility."
Once LIGA shareholders see the true value of the 20 acres and know LIGA's plan for the future, the LIGA PPS will follow. I hope it appears in the June 30, 2021 second quarter 10-Q tomorrow.
https://backend.otcmarkets.com/otcapi/company/financial-report/292219/content
OK, the $64 question? Will LIGA (Marvin Baker) issue an errorless second quarter 10-Q reviewed by the auditors that will prove that LIGA has what it takes as a going business
or
will we receive another meaningless 10-Q filled with numerous errors which is just a bunch of words?
I say we receive a 10-Q that answers most of our questions. Marvin Baker has a lot more to loss than we do.
I have mailed letters in the past, indicating errors that were found. I never received a reply but the errors were corrected. Of course, new errors were found in the subsequent reports. I believe Marvin Baker and Douglas Vaughn have a tight working relationship and Mr. Vaughn is here to stay in one capacity or another.
Some of the 10-Q cut and paste info is required and just updated, but the "Management Discussion" should be about latest events. My prior business life was preparing 10-Qs and 10-Ks.
I wonder how active Marvin Baker will be in LIGA, now that he has taken control of SMEV? Will LIGA and SMEV work together businesswise? Now that Douglas Vaughn is CFO of SMEV, who will become CFO of LIGA? MR. Vaughn is shown as inactive on LIGA's 2021 1st 10-Q.
"President of LIGA, Marvin Baker has taken control of a public company, Simulated Environment Concepts, Inc., OTC PK: SMEV, with plans to announce several JV's, Partnerships and Acquisitions that will go directly into Simulated Environment Concepts, Inc. SMEV will be its own Public Entity and LIGA's involvement and participation will be disclosed in the near future which will include the recent acquisition of a $1.25 million asset."
Allan Gillis was CEO of LIGA, but then moved to concentrate on "Live Stor America", when LIGA appointed a new CEO for LIGA. Will Mr. Gillis add back LIGA's CEO management as part of his duties?
Will the "Scott CPA Firm" sign off on the second quarter 2021 10-Q Report?
Will LIGA catch up on their Form 4 filings soon?
These are some of the areas in the second 2021 10-Q report that I will be interested in. GLTA $LIGA
Any thoughts regarding LIGA's 06/30/2021 10-Q. Will it be filed today or on Monday, August 16th?
If I read the StockCharts on a minute to minute basis correctly, the million share trade was at .0042 and the smaller share trades were at .0038.
The bad thing about making typos is - looking for more typos rather than problems with the big picture! Management is getting there - little by little. I'm waiting for the BIG Picture and the BIG payoff! GLTA
I know it's picky, but the Attorney should have caught "December 31,
20201" before he signer the letter.
Financial documents including: Balance Sheet, Statement of Operations, Statement of
Cash Flows, Consolidated Statements of Stockholder’s Deficiency (Statement of Changes in
Shareholder Equity) and notes to the financial statements for the year ending December 31,
20201, Balance Sheet, Statement of Operations, Statement of Cash Flows, Consolidated
Statements of Stockholder’s Deficiency (Statement of Changes in Shareholder Equity) and notes
to the financial statements for the quarter ending March 31, 2021, and Balance Sheet, Statement
of Operations, Statement of Cash Flows, Consolidated Statements of Stockholder’s Deficiency
(Statement of Changes in Shareholder Equity) and notes to the financial statements for the
quarter ending September 30, 2020. We may rely on information obtained from public officials,
officers of the Company and we believe that these sources are reliable.
https://backend.otcmarkets.com/otcapi/company/financial-report/295034/content
I notice that the Attorney Letter, filed on August 10, 2021, does not include Dakota Forgione in their interviews. This brings me to a conclusion that Ms. Forgione no longer works for LIGA. IMO
We have (i) personally interviewed via phone conference the management and all directors
of the Company, more specifically Aric Simmons, Chairman, Allen Gillis, CEO, Marvin
Baker, President, Charles Gambino, COO, Douglas Vaughn, CFO, Paul Wright, Director, all
owners of 5% or greater of the outstanding stock, which includes Marvin Baker, Jerry Casilli,
and John Rogers, (ii) reviewed the annual financials ended December 31, 2020 and filed with the
OTC disclosure News Service on www.OTCmarkets.com and posted on July 14, 2021, reviewed
the annual financials ended March 31, 2021 and filed with the OTC disclosure News Service on
www.OTCmarkets.com and posted on July 21, 2021 reviewed the annual financials ended
September 30, 2020 and filed with the OTC disclosure News Service on www.OTCmarkets.com
and posted on July 14, 2021, (iii) discussed the information with management and the director(s)
of the Company.
Attorney Letter with Respect to Current Information - New Attestation for March 31, 2021 and 2020 filed on 08/10/2021:
https://backend.otcmarkets.com/otcapi/company/financial-report/295034/content
Good eye! Thanks.
Dean14, Thanks for the website to your article regarding CBD and THC. I found it very interesting. I have copied it here.
HOW CBD AND THC ARE CHANGING COVID-19 TREATMENT
KATE-MADONNA HINDESMARCH 12, 2021
In partnership with The Fresh Toast
The scientific community seems to be more widely accepting cannabis to treat newer diseases, leading to better education and understanding for all.
With coronavirus variants raging across the globe, could THC and CBD offer benefits not yet known in treating and keeping the virus’s deadly effects at bay? While THC and CBD are already known to aid in many diseases, scientists worldwide are looking to different combinations and strains to understand better how they can decrease long-term complications and death.
Throughout most of 2020 and already in 2021, new studies are emerging that back earlier findings, creating a strong connection between CBD and THC as agents against the virus. In fact, CBD is already making a difference with COVID-19.
Here are three fast facts to know:
CBD has already been proven to reduce inflammation in the body, directly tied to the harm of cytokines released by the coronavirus. Many COVID-19 patients did not die from the virus itself. The body’s response to the virus—a process called a cytokine storm—caused the body to go into a “fight” mode, causing breathing issues and over-saturation of cytokines in the body. Whenever a virus enters the body, it releases cytokines, a secretion from the cells that respond to the virus—allowing the immune system to retaliate.
CBD could be an effective treatment against cytokine storms, which is what causes the most havoc in the body. According to the medical journal, HealthEuropa, “Early findings in a study currently being conducted by terpene manufacturer Eybna and cannabis research and development firm CannaSoul Analytics, both from Israel, appear to indicate that the combination of terpenes and cannabinoids used is up to two times more effective than the corticosteroid dexamethasone when used to reduce inflammation from COVID-19. The study has not yet been peer-reviewed.”
More research is continuing to happen overseas to see the virus’s full effects and ways CBD can mitigate long-term damage. Research from Rabin Medical Center at Beilinson, a leading hospital of Clalit HMO, holds a clue to further studies. In recent research, the Center’s team found that out of 11 patients in the program, 8 saw an improvement in infections stemming from the virus.
Announced in January 2021, a clinical trial in Israel featuring Stero Biotechs, “aimed to benefit and help COVID-19 patients in severe states with respiratory failure from acute respiratory distress syndrome (ARDS).” With heart damage being a leading cause of complications from COVID-19, many are looking into ways to lessen the virus’s effects on the body after infection. Stero Biotechs’ CEO, David Bassa, has been at the forefront of utilizing CBD and synthetic CBD in other trials, including Crohn’s Disease and hives.
THC and the battle against COVID-19
THC is no stranger to the fight against coronavirus as well. The University of South Carolina unveiled a June 2020 study published in the journal Frontiers in Pharmacology, which found THC could effectively treat COVID complications and reduce mortality. The preliminary study found that using mice, “THC led to 100% survival of mice.” with the compound lessening inflammation cytokines, IFN-? and TNF-a, removing the “cytokine storm” or overreaction to the virus and finding how specific cells and bacteria in the lungs played a critical role in understanding COVID-19’s reach and extinction.
That is Good News EICollector. Sounds like LIGA is finally acting like a legitimate business rather than a "Fly by Night". Please post the website where you read the news. TIA
I see PKTX filed their June 30, 2021 10-Q on 7/28/2021.
https://www.otcmarkets.com/filing/html?id=15117001&guid=6T-1kKL-szbNath
$PKTX - GLTA
FYI D.R. Horton, Inc., America’s Builder, Announces Pricing of $600 Million of 1.300% Senior Notes Due 2026, July 29 2021 - 05:26PM - Business Wire
D.R. Horton, Inc. (“D.R. Horton” or the “Company”) (NYSE:DHI), America’s Builder, announced that it has priced a registered underwritten public offering of $600 million aggregate principal amount of 1.300% senior notes due 2026. The senior notes will pay interest semi-annually at a rate of 1.300% per year and will mature on October 15, 2026. The closing of the offering is expected to occur on August 5, 2021, subject to the satisfaction of customary closing conditions. D.R. Horton intends to use the net proceeds of the offering for general corporate purposes.
P&P, Thanks for your report regarding your meeting with Mr. Clarence Smith. I wish I was in Florida, where I could meet him. Maybe someday I will have a chance. Please keep the good words coming!
One of LIGA's goals is to trade on the OTCQB which would require a pps of $0.01 for thirty days. GLTA
LIGA's management has always stated that they reserve the right to have LIG Assets, Inc buy back LIGA's common shares. It is stated in their quarterly financial reports. GLTA
I heard that steel is in short supply. If true, I wonder how this effects LIGA's newly formed Steel Framing Business?
Blue Skys, you have been around the investment community for a long time. It is always good to know when the SEC is making a change in policy. I am sure the CEO's of various companies already knew the rules. It is nice for investors to know the SEC is making rules for the benefit of investors also. Have a good day!
I agree, P&P, Mr. Smith is doing what must be done to keep PKTX current and on the OTCQB. There are some many companies to invest in. If an investor doesn't believe in the Business Plan of one company, there is always another company to move the invested money into. GLTA!
Aarin, we both know that PKTX is not on TD Ameritrade's list. PKTX keeps their SEC filings up to date. That is why they are classified as OTCQB. Keep up the good work Mr. Clarence Smith. Go $PKTX!
I received the following message from TDAmeritrade today:
Quote:
On September 28, 2021, new amendments adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
Ahead of the regulatory enforcement date, we will only accept orders to liquidate positions (i.e. no new buy orders) starting August 13, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.
What this means for your account(s).
You are receiving this notification because you currently hold one or more of the impacted securities in your account. We're including the list below but be aware that it may not include all of your impacted securities. There is also a chance that the impacted companies could come into compliance with the regulatory requirements ahead of this date and be removed from the list. For a current list of all securities (which is subject to change), please visit www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf.
You have multiple options to consider, such as:
Take no action. You are not required to sell these securities; however, starting August 13, 2021 we will restrict these securities to liquidation-only transactions. You may continue to hold them, but you may have difficulty selling them in the future and there is no guarantee as to what their future value will be.
Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainly, we cannot guarantee there will be sufficient liquidity to close your position(s) in the future.
Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)
Have Questions? Need Any Help?
We're here for you. Just reply to this message to write us, or call Client Services at 800-669-3900. We're available 24 hours a day, seven days a week.
Sincerely,
TD Ameritrade Client Service
I received the following message from TDAmeritrade today:
Quote:
On September 28, 2021, new amendments adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
Ahead of the regulatory enforcement date, we will only accept orders to liquidate positions (i.e. no new buy orders) starting August 13, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.
What this means for your account(s).
You are receiving this notification because you currently hold one or more of the impacted securities in your account. We're including the list below but be aware that it may not include all of your impacted securities. There is also a chance that the impacted companies could come into compliance with the regulatory requirements ahead of this date and be removed from the list. For a current list of all securities (which is subject to change), please visit www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf.
You have multiple options to consider, such as:
Take no action. You are not required to sell these securities; however, starting August 13, 2021 we will restrict these securities to liquidation-only transactions. You may continue to hold them, but you may have difficulty selling them in the future and there is no guarantee as to what their future value will be.
Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainly, we cannot guarantee there will be sufficient liquidity to close your position(s) in the future.
Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)
Have Questions? Need Any Help?
We're here for you. Just reply to this message to write us, or call Client Services at 800-669-3900. We're available 24 hours a day, seven days a week.
Sincerely,
TD Ameritrade Client Service