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Re: None

Wednesday, 08/27/2014 5:28:19 PM

Wednesday, August 27, 2014 5:28:19 PM

Post# of 232826
Talked to Tony last night. Aspire deal wasn't formally announced since the SEC filing was the announcement. The previous Kingsbrooke agreement was cancelled due to better terms on the Aspire deal. $16M of $20M was exercised under that deal. No current plan for the $30M other than showing potential clients they have access to additional capital if needed, i.e. capital stability. Current cash ($13.8M) would last them through 2015 given no revenue (which is minimal now) so having $30M in their back pocket isn't a bad idea.

Paul is pretty busy these days...too busy to attend the conference next week. Tom will be presenting and will share Q&A with Tony. Paul must be doing something pretty important to not show case or discuss LQMT to potential large investors? I said I'm sure he'll be extra busy especially in the next two weeks...we both chuckled.

Most of this information was given in their filings and CC.

Long LQMT
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