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Re: golong22 post# 16105

Saturday, 08/18/2012 10:55:54 AM

Saturday, August 18, 2012 10:55:54 AM

Post# of 232843

Maybe the absurd .30 "resistance" is because even if Apple produced millions of products using LQMT alloy, it would be meaningless to LQMT in terms of revenue, ('cause there is none) so the current market valuation of .30 is "correct" and it can't go any higher simply because there is no revenue involved for this company. Apple bought the IP, can manufacture on their own...buy the materials...meaningless for LQMT stock price.


I was thinking about this last night, too. It was pushed on us yesterday that MM's are still trying to somewhat maliciously manipulate the stock price (hey, another MM acronym in there), when it dawned on me that there's really no ill will in it: they're just being realists. Our company can't get past .30 because it's not worth more than that.

I thought about this further as someone else brought up the coincidence of the September 15th deadline, and Apple's announcement scheduled for the 12th. I thought this to be just a mere coincidence, as it's actually to Visser's benefit for LQMT to be unable to surpass the .35 mark, and have to convert to paying back the debt in cash with interest. If LQMT comes into default on that debt, he can scoop it up himself at a fraction of the total debt just so the debtors can recoup their losses and wipe their hands clean of a bad investment they made on a company with a glimmer of a hope but couldn't deliver, and at the same time Visser will then own an even greater percentage of the company for MUCH cheaper than just buying stock outright.

If the real financial gurus here could help guide me on my track of thinking, I'd appreciate it. But I think Visser is actually counting on LQMT being unable to pay the debt back themselves. It just gives him an opportunity to own more of the company and eventually take control (which has always been me thoughts: Visser wants to get total control of LQMT and turn it private).
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