I've almost heard it all now...An RS gave us value. Let's see.. revenues before RS are zero. Revenues after RS are zero. PV of a series of zero revenues regardless of discount rate? Ya guessed it...zero.
Brian Conway was the CEO for the entire time period. With PPS at 0.0001 there is nowhere lower to go for retail trading.
But after an insanely high 25,000 to one RS, PPS will be (for a few hours anyway) $2.50, with plenty of room to lose value again.
And OS will be reduced to 125,000 shares!!!!!! While AS remains 6 BILLION shares!
We can readily predict, with 99% accuracy, that toxic lending will resume, massive dilution will resume, and plummet of PPS value will once again occur.
Conway has 10 million preferred "A" shares, each share having an incredible 10,000 voting rights. His total votes? 100 BILLION. Total voting rights for ALL common shareholders post RS? A miniscule 125,000.
Conway "led" LIEb to 99.944% loss of value, and "led" OS to an increase of 31,000 percent. And he has 100 BILLION votes to ALL common shareholder votes of 125,000 combined. SMH.
As the famous Winston Churchill quote states, "those who do not remember history are surely doomed to repeat it."
George Orwell: "In a time of deceit telling the truth is a revolutionary act."
Also George Orwell: "Every record has been destroyed or falsified, every book is rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered" (Conway took it to heart apparently)
Abraham Lincoln said: "You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."
In the book The Court and Character of King James by Anthony Weldon, 1651, it reads: “The Italians having a Proverb, ‘He that deceives me once, its his fault; but if twice, its my fault.'”
Stephen King is quoted as saying: "‘Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, shame on both of us.'"
And as fictional Gomer Pyle said: "Fool me once shame on you. Fool me twice shame on me". (Shazammm!!!!)
Perhaps more appropriate after 5 years of failed deals, broken promises, and misleading pumps is: Fool me once shame on you. Fool me dozens of times shame on me.
Here we are 3 weeks later. PPS 0.0001. No deals. Little volume. No products on market. No revenue. No assets.
It looks like CEO Con-Way ripped that RS that is "is exactly what investors want" away from them.
If the investors wanted that RS, Con-Way just screwed them - AGAIN!!!!!!!!
Nope - Con-Way lied. AGAIN!!!! He just ripped the RS that "investors wanted" away from them!!!!!
Looking at current PPS, averaging down for two years from .18 to 0.0001...……….. Not to mention the OS grew by an astounding 31,000 percent. The "business" of Con-Way and LIE-b is to sell worthless diluted shares.
Failed deal after failed deal after failed deal. Broken promises flowed like water over Niagara Falls. All for naught. No products. No revenue. No assets. 0.0001 PPS.
But hey!!! The Con-Way promises via a FB post that something is coming!! A FACEBOOK POST!!!!!!!!!!!!!!!!!!!!!
A FB post from the same guy who has "led" LIEb for the past 5 plus years!!!