Thursday, October 05, 2017 3:49:19 PM
Your breakdown of value today is not unlike the one I long ago made, except that I thought that the penny shareprice at the time was about right, if you made a reasonable assumption that Apple was "buying" 20 % of the grand potential for consumer electronics which put the value of the company somewhere under $100 million. I could go back and look up all these numbers, but am sure will be corrected by the more careful bean counters. Then of course we had an explosive level of dilution, mostly dedicated to keep the executive overhead funded IMO, that is now something like 850 million outstanding with authorized over a billion (as agreed in the li deal, who can guess why?)
Li puts in $64 million. Saved again.
Let's call it a billion shares that we have to dig our way out of in order to make the kind of LQMT shareholders anything like the risk/reward they originally expected from this disruptive technology.
There is no near term way to do that. And, of course, with the
multi country, multi acquisition, multi relationships Li has put together, I still do not see the defined path how LQMT outside shareholders are the beneficiaries with money into their pockets.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM