First Liberty Power (fka FLPC)

[nordicroots]

Want to hazard a guess that this is what is driving this whole thing lower?

Typical scenario of so called 'death spiral financing': A company is so desperate for money that they get someone to finance them with convertible notes. As part of the arrangement, they get stock, and they get the stock based on certain price levels. In other words, the lower the stock goes, the more stock the partner who did the financing receives. So this 'angel' investor has a tremendous incentive to sell short or get someone to sell short and drive it down to get more stock.

That's what the death spiral is all about. In theory a very strong company will ultimately rebound. But by manipulating the stock share price down, the financing partner gets more stock - at who'e expense? Well of course its those who bail when their stop losses are hit or those that simply throw in the towel and give up in disgust and frustration by all the games.

When the stock price snaps back, that partner can MAKE A BUNDLE.

The convertible note financers love to see someone short the heck out of it and drive it lower so they can pick up a lot more shares in the process.

Hopefully though all those that would capitulate will finally taper off and there won't be any sellers left to spook like this. Painful to sit through and maintain one's cool but interesting to see the investor sentiment and psychology - particularly as reflected by comments on some of the boards. There are A LOT of micro cap stocks getting hammered these days.

https://wefunder.me/post/17-how-convertible-notes-work