The company is *issuing* shares and *getting* money for debt notes. Pointing out that they’ve *issued* a ton of shares says nothing about where the *money* went.
What we know is that Brian pays himself over $100k per year, and that LIBE has hundreds of thousands of dollars in “general” and “operating” expenses with nothing to show for it.
A 6-figure salary and a corporate credit card to expense who knows what (travel? company car payment? phone? remodeling the home office? Who knows...), which shareholders foot the bill for while their investment tanks. Must be nice.
Your not getting it. Bryan went to a funder ok. They gave him let’s say 40 grand. He took the 40 grand. Gave the funder a sweet deal. Deals like 40 plus percent discount on the last 10 trading days. Funder gets 40, 50, 60 million shares and then sells them and makes his 40 grand back plus 20. Now the question is, WHERE IS THE ORIGINAL 40 grand that Bryan got in my example???????? In his pocket? A new Tesla? A new boat? Where is the money. There isn’t a business here. We are not producing a product. Where is the money??????
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