Followers | 62 |
Posts | 4507 |
Boards Moderated | 0 |
Alias Born | 02/09/2012 |
Thursday, September 29, 2016 3:17:38 PM
Plausible but, it will be very difficult for him to sell the amount of shares he will get in exchange for his investment. According to the terms of the original agreement anyway, without tanking the share price and losing a considerable portion of his investment.
Think about it. He couldn't cash in the shares he bought at .08 without tanking the stock. It would probably sink well below .08, maybe even .01, if he were to suddenly dump without some kind of promotional effort. Or revs etc, to bring on enough buyers to absorb the volume.
Personally I think he is investing in the tech. Can he make it work? And recoup his considerable investment? Well. That's all we can hope for. Thinking positive like a unicorn is all anyone not inside can do.
Personally, if/when they finalize the deal, I feel Li has a plan for the tech. Now, will it work? That remains to be seen. Nevertheless, some kind of move should be done ASAP.
Just my opinions and best of luck.
Let's keep it civil and understand that this is a forum of mostly amateur opinions. I am not here to give advice or argue. The best way to get rid of trolls is by using the ignore feature. And if you don't like what I say feel free to ignore me. Thanx.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM