Sunday, July 05, 2015 7:07:33 PM
for two reasons....the supposedly "defective" batch of knives. I wish I knew more on what it was....
but things happen, especially on a first contract, first run. I have seen it many times. And we don't know how stressed they all are....or fatigued...trying to get the production going, and also having the knife ready for the Knife Convention....I looked at that interlocking mechanism of the knife....and can just imagine how many drawings it took...how many prototypes it took to perfect what they wanted...
then perfecting the moulds. this was not an easy task. I imagine they learned a lot. And the "goof" they learned a lot.
The more outrageous issue was the pay raise that was asked. It was like amateur hour. Which made me question the ethics and morals of the CEO, to dump that on us, right before we had a production
run. That was an act of desperation in my opinion or total arrogance and raised so many questions.
it was literally robbing the LQMT treasury for no good reason. Unless perhaps he's drowning in personal debt and took a big chance. I really would like to go to a meeting...take him aside...look him straight in the eye and ask..."what in hell were you thinking...what was behind that outrageous request to increase your personal wealth, while LQMT teeters on success or failure".
But we have some BIG players in this...multi billion dollar companies....that helps even the scale.
They are NOT going to put up with such greedy shenanigans, by a CEO of a penny stock........
because it looks bad on all of them. I have a feeling he got a few phone calls on that one....
angry ones.
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
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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