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Tuesday, November 22, 2016 5:51:02 PM
Not happening. Would damage Lugees value more than ANY other shareholder and not the way the Chinese market works either. Besides, if you look at the Chinese markets, a billion shs is norm.
He'll build value organically. He's got full control now, he's interested in uplisting, he's got the patents for the cross-licensing, he's got a slowdown in Eon's core business, he can't sell his stock in Eon now as the Chinese govt has put another lockup on insiders selling, he's got significant competition in Eon's core business, and he's got a virtual limited monopoly because of BMG patents, and he's got a material that is finally ready for production, along with the ability to make large and small parts. People rightfully disagree with me, but he's got a core of 7 trusted people to run Eon's well-oiled machine. I would not be shocked to see him become at least an interim CEO based on how driven this guy is.
The fact there were no negative price repercussions from the CEO's departure wasn't all that noteworthy, but the fact more news comes out of Eon in China than it does from LQMT in the U.S. is sure to change.
Bottom line is Lugee didn't like the progress in terms of revenues, and whatever else, and saw fit to make the change.
Lugee is a DOER - plain and simple. People satisfied with the status quo are not welcome with Lugee. I'm sure he's been planning this all along.
Recent LQMT News
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2024 08:06:36 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 10/15/2024 08:31:53 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 10/15/2024 08:29:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 08:27:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 08:25:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 08:21:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- 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
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