Liquidmetal Technologies Inc (LQMT)

[sojomy]

Ok, for all of the posters who believe that management only wants to authorize 100M new shares to be able to maintain a 50% majority, and avoid a possible unwanted buyout, think about this...

The current institution and insider ownership is 43M out of 160M shares, or 27% of the total outstanding shares. They are currently authorized to issue another 140M shares if needed. If they were to issue just 75M shares to insiders or people they could control, they would then control 118M out of the total 235M outstanding shares. This would give them a 50.2% majority, and thus they could avoid an unwanted buyout.

So if they only need to issue 75M shares to maintain a 50% majority vote, and they are already authorized to issue up to 140M shares right now, then why do we need another 100M authorized shares for?!?