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Saturday, June 24, 2017 10:55:38 AM
2) If there is such an imminent pay-off for the former CEO as you propose, then, why is it, at retirement age, he is not retired, waiting to live off of the stock PPS growth on 12 million shares options he has? If this pay-off is so imminent, why would the same be selling off half of his homestead to raise funds? And why wouldn't he go work in the BMG business with other companies in the field, rather than jump into NES, an investment hedge fund? How do we know that he isn't investing in Eontec with his own cash and not exercising the LQMT stock options? Obviously, he believes it will take some time for LQMT USA to become profitable.
1) As for the current CFO, he has already shown that he knows how to take quick short term profits, rather than long term profits. He is probably not going to be around much longer. After all, he is a Korean with strong ties to John Kang, who liked him so much that he was hired once, quit and went back to work for Kang twice.
What advantage is a Korean speaking CFO to a Cantonese-Mandarin speaking Lugee who has great financial people under his employ?
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