$63,000,000 reasons tells me this is no scam! :-} Lugee will own 45.9% of the "outstanding shares" and is buying that amount fully knowing the tremendous potential of this wonder metal which quite frankly is getting more and more publicity from all angles. Lugee has the well established factories and 350+ machines all set up for years now, with dozens , if not a hundred clients to sell LM products to. Right now there are 582mm shares OUT. , when Lugee buys the 300m balance there will be 882mm shares OUT. - At the ASHM they just passed the vote to have a total authorized share count at 1.1BB. - In order for Lugee to gain control of LM he will need to buy approx. 45,100,000 shares on the OPEN market( Steipp would authorize the remaining 218mm shares -remember 1.1b total authorized, to try and stop Lugee once he realizes Li's plan). Buying 45,000,000 shares on the OPEN market would drive LM to low dollars easily. So that will never happen and if it did I'd be happier than a pig in mud.
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