Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

Vyper,

In the past, shareholders who have voted against management or proposals like the equity sharing have never mustered up more than ten to 15 per cent of the votes. Consequently, the ultimate outcome was that management always got their way.

I am thinking that this time, the additional votes may have come from the new financiers of LQMT who were given more stringent terms than earlier deals.

I am thinking that it is the new financiers that voted against the dilution to protect their own interests and to keep the price from tumbling to the bottom.

I could be way off in my thinking, but, they are the only real hard core investors who are concerned about keeping the share price up that have enough collective muscle to do something to effect the outcome of the proxy. Don't think it was Visser at all.