Liquidmetal Technologies Inc (LQMT)

[CIMA7]

Someone please correct me if I'm wrong. The authorized shares are 1.1 billion and once Lugee Li has purchased all agreed upon shares (405 million), he would own 36.82% of Liquidmetal, not 45.90%.

Last I checked market cap and ownership are based on authorized shares, not floating shares (see below calculations and check current share price and market cap based on authorized shares to check your calculations).

Liquidmetal owns the spread between the authorized and floating shares until said shares are sold on the open market. The sole reason for the spread between the authorized and floating shares is to make it much more difficult than what you quoted below for Lugee Li to gain controlling interest (45.1 million shares). Lugee Li would have to purchase an additional 160 million shares to maintain a controlling interest of 51.36%, not 45.1 million.

Based on the amendment and restatement of the Certificate of Incorporation: 1.1 billion Authorized Shares

Ownership: 405 million / 1.1 billion = 36.82%

Current Authorized Shares: 582,150,000 x $0.14 = 81,501,000 = current market cap

It is my opinion that the below calculations are incorrect as the calculations were derived by using Floating Shares, when Authorized Shares should have been used.

Just trying to help.

$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.