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Thursday, January 05, 2017 10:31:49 AM
I arrived at the same translation as the one you posted.
So how would you respond to the implication that Prof. Li purchased his 405 million shares of LQMT with full intent, from the start, to eventually transfer ownership of those shares to Eontec?
Did he buy those shares with his own money? If so, is he really going to gift those shares to Eontec? That seems preposterous.
Or did he act as an agent for Yian Technologies (Eontec), using Eontec's funds to purchase the 405 million shares?
If the latter is the case, wasn't said act an attempt to mislead the minority shareholders of LQMT when they voted to effectively double the number of authorized shares, thus diluting their stock by 100%, so that Lugee Li, and not Eontec, could purchase those shares?
Something doesn't make sense here. Can you clarify?
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