Liquidmetal Technologies Inc (LQMT)

[CIMA7]

The bottom line is authorized shares should be calculated in ownership percentages when determining how many shares would have to be acquired by any one investor to acquire a controlling interest in a company. Therefor Lugee Li would have to acquire 160 million additional shares to gain controlling interest of Liquidmetal, NOT 45 million.

Investopedia
"A company may decide to maintain a controlling interest within the treasury just to ward off any hostile takeover bids".

My point should be very clear and understood.