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Re: 2times2 post# 29360

Wednesday, 01/13/2016 7:06:43 PM

Wednesday, January 13, 2016 7:06:43 PM

Post# of 86313
Of course the audited financials are required!

1) Audited financials are required with a 10-K

2) The 10-K says that LIBE is incorporated in Nevada, but the company has been in default on its registration since September, 2015, but it appears that it can't pay the $6,300 due. Click the "Calculate List Fees" button at the following link:

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=B8Xtzz0sXTI%252f0GSDwfJ5wA%253d%253d&nt7=0

3) As to the Guard Lite as a viable product, they haven't shipped any since early July, 2015, when five were sold to Marina Bay, and though photos of operating units were promised, we've only seen the partial installation of one, ant that was nearly four months ago:

https://twitter.com/LIBEnergy

The Guard Lite is easily duplicated. Last May, I put together a partial Bill of Materials for most of the parts, along with a simplified diagram:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113986412


4) New convertible debt has appeared in the filing


Finally, LIBE's fiscal years ends on Sept 30, so this past December 31 was the end of the first quarter of fiscal year 2016. We are now in 2Q/16.

Conway had 103 days to put out a complete 10-K, and he failed.


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