A quick review of the 8k reveals two entities purchased a million shares each and those shares were common and restricted. BULLISH imho.......
IMHO $LIBE is now a health care stock and it will take time to show a profit. This stock is not about turning a quick buck. IMHO
We have documentation from Mr. Lund who placed his shares in a Roth IRA , thus he cant touch those shares for five years........
If one wants a short term turnaround, I doubt LIBE is for you. If one has a long term approach LIBE could be a winner........
Disclaimer: I try to use OPM and have very little risk in my stock picks.
On August 17, 2017, we authorized the issuance of 1,000,000 restricted shares of our common stock to Wexford Partners, LP and 1,000,000 restricted shares of our common stock to Lisa Robin Savin. The shares were issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. Wexford Partners, LP and Lisa Robin Savin were furnished with the same information that could be found in Part I of a Form S-1 registration statement and Wexford Partners, LP and Lisa Robin Savin are sophisticated persons in that each was knowledgeable about our business and was capable of reading, interpreting, and understanding the financial information furnished."