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Re: Magnum7419 post# 59030

Friday, 10/26/2018 12:29:40 PM

Friday, October 26, 2018 12:29:40 PM

Post# of 86313
8-K: 51% acquisition of Peppermint Jim terminated

On Oct 23, 2018, LIBE filed an 8-K stating that the deal to acquire 51% controlling interest in Peppermint Jim, LLC had been terminated as of Oct 17:

On October 17, 2018, the Company and Peppermint Jim, LLC (“Peppermint Jim”) mutually agreed to terminate and rescind the stock purchase agreement entered into on August 23, 2018 (the “Agreement”) by and between the Company and Peppermint Jim. Any shares transferred under the Agreement shall revert back to the respective parties.


The Form 8-K was signed by CEO Brian Conway.

https://www.sec.gov/Archives/edgar/data/1503161/000149315218014754/form8-k.htm

In other news, LIBE's Transfer Agent, Olde Monmouth, recently updated LIBE's OS (Outstanding Share) count at OTCMarkets, and as of October 1, 2018, it is now 630,989,121 shares. That's a 94.66M (16.9%) increase since the Sep 1, 2018 report of 539.8M. Roughly 74M shares were added in the three weeks since LIBE reported 560.3M shares as of Sep 11, when it filed its Pre-14C announcing the increase in the number of Authorized Shares from 2 Billion to 6B.

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