Thursday, October 05, 2017 3:49:19 PM
Your breakdown of value today is not unlike the one I long ago made, except that I thought that the penny shareprice at the time was about right, if you made a reasonable assumption that Apple was "buying" 20 % of the grand potential for consumer electronics which put the value of the company somewhere under $100 million. I could go back and look up all these numbers, but am sure will be corrected by the more careful bean counters. Then of course we had an explosive level of dilution, mostly dedicated to keep the executive overhead funded IMO, that is now something like 850 million outstanding with authorized over a billion (as agreed in the li deal, who can guess why?)
Li puts in $64 million. Saved again.
Let's call it a billion shares that we have to dig our way out of in order to make the kind of LQMT shareholders anything like the risk/reward they originally expected from this disruptive technology.
There is no near term way to do that. And, of course, with the
multi country, multi acquisition, multi relationships Li has put together, I still do not see the defined path how LQMT outside shareholders are the beneficiaries with money into their pockets.
Recent LQMT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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