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Tuesday, May 16, 2017 4:01:32 PM
1 week prior to that low of 18.5, lqmt was at 19.5 and in a downtrend after spiking at 23.8 cents early in the year.
In that week, march 22nd, Visser decided to exercise his warrants on a cashless basis, saving lqmt 17,075,708 shares.
Four weeks later lqmt tops at 27.7 cents. Visser lost out again by exercising his warrants too early.
If Visser waited a little longer, maybe when lqmt went above 30 cents, he would have needed less shares to achieve the strike price for the warrants (on a cashless basis) leaving him with allot more than 4,156,833 lqmt shares.
Professor Li is Extremely Shrewd.
A press release was released AFTER Visser excised his warrants.
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