Liquidmetal Technologies Inc (LQMT)

[rige]

So AVV (LiquidMetal Coatings) is giving away its LiquidMetal coatings IP (valued at $20 million) to Victory Energy for $5 million, AVV must be desperate to accept that fire sale or more likely desperate to escape its Debt.

Victory will do a Reverse Split then increase the authorised share count to alloy for conversion of Series B preferred Stock, which represents 90% of Outstanding stock. What a mess.

So LiquidMetal Coatings aka Armacor Victory Ventures aka Armacor Holdings will Now become Victory Energy.

A good way to get rid of its accumulated losses and screw shareholders.

Shareholders getting 'Kanged'