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Alias Born | 02/09/2012 |
Saturday, May 24, 2014 6:37:46 PM
Apparently, new information about the "Rail Gun" has surfaced indicating it could make its debut in 2016 on the Zumwalt Class destroyer. What does this have to do with LQMT? ABSOLUTELY NOTHING until they ANNOUNCE HONESTLY, that they are part of that program.
But, let's reach deep in our souls and embrace the "hope" that LQMT the PUMP AND DUMP is part of this project that's 2 years away. What will that mean for shareholders?
First we must look at the LQMT PUMP AND DUMP share structure and trends. Since June of 2010 the shares outstanding have risen from beneath 50 million to 434 million today(and counting?). Lets call this dilutive trend the Mega Dilution from hell without any regard for shareholders equity period.
So if LQMT is part of this "Rail Gun" program and it's 2 years away, and the Mega dilution from hell trend continues, well..... What will be the outstanding share count in 2016 and what will the contract be worth? Obviously, without a reverse split the share count could possibly be in the billions based on their mega dilution from hell trend.
Be aware of the potential for a LQMT PUMP AND DUMP! PROTECT YOUR WALLET!
Just my opinion.
Let's keep it civil and understand that this is merely a forum of opinions and the only thing that matters is who is living life to the fullest every day. Peace.
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