A company that can double it's OS in two months, okay, maybe that wouldn't be massive if that company used the new shares to finance it's next business steps. However, LIBE has taken those new shares and done what? Paid off old debts. Finance ongoing "activities" (activities = Conway at his dining room table attempting to throw wads of toilet paper at the wall to see what sticks).
What are the next steps with this business? We're still awaiting to see a finalized agreement (signed off by the courts) for this EcoCab issue. Then what? We pay it off with... MORE SHARES!
Then, we turn around and acquire a vape shop. How will we do that?!?! With even MORE shares. What's this vape shop going to do for LIBE's three statements? WHO KNOWS? We have no financials, but I'm going to guess it's going to be WAY overpriced. Again, that's all hypothetical, because we haven't really heard anything about that deal in quite some time!!
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