Followers | 30 |
Posts | 3404 |
Boards Moderated | 0 |
Alias Born | 07/25/2016 |
![](https://investorshub.advfn.com/uicon/570679.png?cb=1700407063)
Monday, November 14, 2016 10:04:20 AM
Can someone explain how LQMT shareholders might benefit?
Because Lugee owns 400 million shs in LQMT. It's greed and self-interest that will benefit him and LQMT shareholders are just along for the ride.
He's setting up operations in China, with JV's (just like he said he would), because he said he would need to, and because he's betting on BMG's to be a huge area of growth, particularly since the areas that Eon has relied upon in the past for revenue have taken serious hits.
http://www.reuters.com/finance/stocks/300328.SZ/key-developments/article/3454457
I think there's a bit of a miscalculation of what an increase among a limited pool of investors in China will bring to enhance his wealth, as opposed to having global access to stock he owns in an open market in the U.S. Agreed, though, how will this come together to bring value to LQMT? I am suspecting he is setting up manufacturing capacity to meet demand wherever product is shipped, including manufacturing for LQMT in Europe and North America. What the purpose is of having 63 mill sitting in LQMT's coffers is the open issue. They have not been clear on that.
It's interesting to see the Y-T-Y growth - even at a small sales volume - of Eon's BMG revenue.
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
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM