I do not believe we are settled. Rather, due to the increased authorized and no solid developments leading LQMT to liquidity via revenues, it seems very clear to me now that we indeed have broken the 200mda, that the immediate reflex is, as you suggest a red herring, and the reality is that we will test the nickel lows for a third time, making a triple bottom.
I continue to maintain that the clouds of the VPC arbitration are pulling this stock down.
This can only be the reason that Tony Chung sold his shares.
As a lawyer and CFO and the one who drafted the VPC contract, he knows that the outcome of this arbitration is not going to be pretty and certainly not a win win situation. It appears to be that only one outcome is possible and it will be LOSE-LOSE for both parties.
A loss for VPC because GREED got in the way of the original "Benevolence" of financing LQMT. A greater loss for LQMT, because they will be forced to max out the line of credit to buy off Visser.
This is a HURT HURT for LQMT shareholders.
Again, this is the ONLY ISSUE on the table in LQMT Head Shed.
All else, even positive news, pales in significance to this.
Brochures about EAPS are really nice on the Saturday before Easter, but people, read all of the brochure posters posts and see how many have come to fruition, before you buy into the implication that something is imminent here. Remember, the first and only Engel certified machine has yet to be delivered to LQMT.
He really should be going to Chino's men's prison so he could learn first hand how it is to be BF'd the way he did the outside shareholders.
Steipp really needs to take some positive action against this individual. Corporate governance needs to rear its ugly head.
