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Re: joshuaeyu post# 90538

Sunday, 06/26/2016 8:38:25 AM

Sunday, June 26, 2016 8:38:25 AM

Post# of 239568

This very last deal with Li is not TOXIC. It is a "balanced" deal



Actually, it is very toxic because of one simple fact: LQMT did not bind Li to any "sell" requirements. The company is relying on him to be a "good guy" and not sell any of his shares. The lack any restrictions on when he can sell is exactly toxic. What legal, written protections do you as the shareholder have in terms of Li and his multi-hundred millions of shares?

If you think I am crazy, look up companies -- especially OTC ones -- that have had funding based on warrants and see what happens to PPS runups (or the PPS without a runup, for that matter) when the warrants start to get exercised ...

Folks always hated it when Visser unloaded ... he had nothing compared to Li!



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