$LIBE Rumors some time work out IMHO :)
Cigawatt
? @Cigawattlounge
We want to clear up immediately & clarify as #fact not #fiction that we are in final negotiations with @VapeMentors director to fill an important roll within the #new $LIBE We are most certainly speaking regularly with Norm Bour as we steam ahead to go public @LIBEnergy @normbour
10:56 AM - 25 Mar 2019
"Liberated Energy, Inc., Stock Symbol: LIBE VapeMentors
?A little about the gentleman we are speaking for those that aren’t as a familiar with the Vaping/CBD space.?
?Norm Bour ?
Is the founder and President of www.VapeMentors.com the first and largest vaping specific consultancy in the world and developer of vaping online education. We have worked internationally with almost 50 different vaping businesses. ??We have developed several online vape education programs, including our Vape Shop Certification. This six-part series brings some of the top Subject Matter Experts to your side to help you train your staff and yourself.'?"
Here is a time of facts from the company: posted on social media accepted by the SEC IMHO
Liberated Energy, Inc., Stock Symbol: LIBE
23 hrs · old
The soft close has competed with a signed contract, and CigaWatt is now within the Liberated Solutions, Inc. family. This is the first step wherein CigaWatt ownership merged into the publicly traded Liberated vehicle. This means that CigaWatt is now a publicly traded company under the symbol LIBE. Once the audit of CigaWatt completes, the final step occurs when Brian Conway (Current CEO of Liberated Solutions, Inc.) transfers his controlling shares to Janelle & Anthony Squire leaving them controlling interest in Liberated and the full ability and authority to assign a new management team and board of directors.
The new team looks forward to working alongside Mr. Conway while the audit completes in order to update shareholders on the new direction for the company. Some of these updates will include announcing their BOD and bio’s, introducing the new CEO, and laying out the business plans for the next 12 months including their acquisition and franchise strategies. We also look forward to bringing our customers and shareholders a new online ordering portal and social media presence in the coming weeks, a new trading symbol and name change, and a dedicated investor relations company. This is a very exciting time for Liberated Solutions, Inc.
Please stay tuned for the official 8k to be out shortly.
Liberated Energy, Inc., Stock Symbol: LIBE
February 12 at 10:11 AM ·
These are the steps to complete this deal. We are proceeding with the 3rd step as of tomorrow with an in person meeting with Cigawatt’s management team.
1. Letter of Intent:
* Executed and filed.
2. The Details Prior to Going Public:
* Organizing CW’s financials. P&L statements, liabilities, etc. We’ll need these for an audit during a closing but I’ll have to have reviewed them prior to soft close
* Due Diligence Questionnaire. This is a long, detailed document our lawyers have drawn up that asks questions regarding the CW company.
* LIBE’s Filings. All of the details of our company are publicly disclosed and audited every 3 months. All liabilities to be addressed
* Develop Closing Contract. During this time we’ll determine exactly how the transactions, payments, share structure, etc. All the details of how we do the deal are negotiated before we go to contract.
3. Soft Close:
* Execute Closing Contract. We’ll provide a TBD sum of capital at this point which is exchanged for 100% of CW shares
* CW Audit. We’ll have @ 75 days to have CW audited by a third party auditor.
4. Hard Close:
* Completion of Audit. Once CW’s audit is complete and filed we release the control position to CW and resign the CEO. CW takes
over and elects board members.
Liberated Energy, Inc., Stock Symbol: LIBE
February 19 at 9:32 AM ·
Due to the nature of this deal we had to search out and vet a local auditor in order to do an on-site audit of the Cigawatt financials as well as hard lined inventory. This posed an unusual long weekend making contact with auditors in and around the Kansas City area. We were able to find small handful of them, and one by one weeded through them for various estimates including their timeframe to complete, cost to conduct, or even their ability to work with an OTC company’s audit.
We are glad to announce that we have found one that is going to work out for our situation and will be able to get the audit completed within the 75 day timeframe required after soft closing is filed. To accommodate the auditor, we have set the close at the March 1st, 2019 date. We have reached a new phase here and we thank all our loyal shareholders for their support during this process and look forward to announcing and welcoming the new Cigawatt management team.
