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Magnum7419

01/04/19 4:42 PM

#63841 RE: PurpleTurtle #63840

IMHO the original reason for the increase was:

"The purpose of the Authorized Increase is to increase the number of shares of our Common Stock available for issuance to investors who agree to provide the Company with the funding it requires to continue its operations, and/or to persons in connection with potential acquisition transactions, warrant or option exercises and other transactions under which our Board of Directors may determine is in the best interest of the Company and our Shareholders to issue shares of Common Stock."

https://ih.advfn.com/stock-market/USOTC/liberated-energy-inc-LIBE/stock-news/78353800/information-statement-all-other-definitive-def-1
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Now that the rumor of Cigawatt is out who knows what will happen.... but logically looking back now .........the CEO is simply following thru with what he said all along.......
rid the debt
settle the debt
find companies and help them go public
give shareholders free shares of new IPO companies as a tax free dividend, etc

I would be tickled pink if Brian stayed on board and proved to all he is a man of his word.......






IMHO good news is coming.......

Enjoy the weekend.