InvestorsHub Logo
Followers 3
Posts 378
Boards Moderated 0
Alias Born 08/11/2013

Re: MakingMine post# 86031

Sunday, 04/03/2016 1:17:45 PM

Sunday, April 03, 2016 1:17:45 PM

Post# of 232783
Last year I voted no against the dilution for the management compensation theft plan, and stand by my decision.
In my opinion we have no choice but to vote yes for Mr. Li's entrance into the company through dilution. A couple of weeks ago we were 4 or 5 weeks from bankruptcy....possibly $0 on our investment. With this arrangement Li is willing to invest 65 million dollars into a company that today is valued at being worth about 63 million and was valued at under 40 million when this deal was unveiled. I don't believe that he would look halfway across the world to find a little company to invest such a large sum into unless he thought it was something he could do great things with. Although we do not know all the plans on the inside that are developing along with this arrangement, I do believe that with all the the puzzle pieces coming together, that this deal is our best chance in getting our stock price up to a very god level from here.
Just my opinion and only time will tell the truth.
Good luck to all that have been long on this stock that seems more like a reoccurring scene in Bill Murreys movie Groundhog Day(wash, rinse, repeat)... Lets get out of this cycle.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News