Monday, June 23, 2014 5:15:29 AM
"Steipp gave up the most potentially profitable segment - consumer electronics - of this company for ONLY 20 million??? What an idiot!!!"
If he didn't, Apple buys them out on the cheap, no CIP, Apple would have done joint ventures with much larger R&D partners - getting royalties from those guys, bye-bye LQMT, and go suck it minority shareholders.
That's true, though, 100% true, that they all got to keep their jobs. There is also no doubt that dilution has adversely affected valuation, but if you believed in the company's prospects (and even if you weren't and were just looking to play the rumors) you were "lucky" enough to buy under 10 cents (as lows as .05, of course) and sitting on a minimum of 300% gains in the past year.
Not saying it was any measure of a stroke of genius, but Apple has bought out enough small guys as a means to limiting it from the competition, does anyone really think that wasn't a distinct possibility here? Take a guess...
If I'm on ihub, it's because I'm bored off my ass...
Recent LQMT News
- 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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
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