Liberated Solutions, Inc. (OTCPK:LIBE) entered into a non-binding letter of intent to acquire CigaWatt, Inc on February 4, 2019. Liberated Solutions, Inc (LIBE) will acquire all of the capital stock of CigaWatt, Inc in consideration for shares of the series A preferred stock of LIBE which shares of LIBE immediately after closing will represent, 97% voting control of LIBE. Liberated Solutions, Inc. (OTCPK:LIBE) entered into a stock purchase agreement to acquire CigaWatt, Inc from Janelle Squire and others for $0.2 million on February 28, 2019. The purchase price will be paid in installments in the form of cash, check, wire or other immediately available funds. Following the closing, the present officers and directors of LIBE will resign, and will be replaced by those persons designated by CigaWatt, Inc. The transaction is subject to certain closing conditions, including the completion of an audit of CigaWatt’s financial statements. The transaction is expected to close on May 15, 2019. As of June 30, 2019 the agreement had not closed. Liberated Solutions, Inc. (OTCPK:LIBE) cancelled the acquisition of CigaWatt, Inc on February 4, 2019. Liberated Solutions, Inc (LIBE) will acquire all of the capital stock of CigaWatt, Inc in consideration on February 19, 2020.