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Re: Det_Robert_Thorne post# 63030

Friday, 01/04/2019 12:07:25 PM

Friday, January 04, 2019 12:07:25 PM

Post# of 86313
1/1/19 OS: 1,598,052,555, up 344.1M (27.4%) in month

LIBE's Transfer Agent, Olde Monmouth, just updated LIBE's OS (Outstanding Share) count at OTCMarkets, and as of Jan 1, 2019, it is now 1,598,052,555 shares. That's a 344.1M (27.4%) increase since the Dec 1, 2018 report of 1,253.9M. Since Jan 1, 2018, when the TA reported that LIBE only had 18.7M outstanding shares, the OS has risen a whopping 8,440%.

The new OS is right at the upper end of the range I predicted on Dec 3, 2018:

There are probably one or two conversions remaining from this note, and nobody knows yet if LIBE took on new notes in the quarter ending Sept 30.

Therefore, I expect that LIBE's OS will be 1.4B - 1.6B shares by Jan 1, 2019.


LIBE will file its 2018 10-K by Jan 15. I don't know if there are any conversions eligible before then, but we'll know for sure when we see in that report if LIBE issued new convertible notes during the quarter ending Sept 30, 2018.

Here is the data from the OTCMarkets site, followed by my Excel chart showing the insanely rapid share increase since February:






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