Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

This means that the authorized number of shares of Liquidmetal can not be increased by 30 million shares. It means that the value of your shares can not be diluted by this proposal. It means your current holdings should increase in value about 5% since this potential dilution is not hanging over our heads anymore. It means they would have to call a special election of shareholders to try to re-implement this again. This is a plus for shareholders, at this time.

What the defeat of the proposal says to management is that they have to produce revenue and net earnings before they are rewarded with additional shares.

It means they have to award shares sparingly to those employees who are deserving of getting them from the existing pool of shares set aside for this purpose.

Anybody else?