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Thursday, 04/19/2018 9:45:16 AM

Thursday, April 19, 2018 9:45:16 AM

Post# of 233352
All along I have had the somewhat hope that Li would consolidate the various enterprises he has gathered, maybe even under a dollar based entity. It was starting to look like an international enterprise. However the state entering into EON's business makes this much more complicated than it already was. Maybe we will just end up with some loose entities
stitched together and under different jurisdictions. Sloppy. However Li seems entirely willing to divest administrative and voting rights. Maybe he had no choice, but if he did it for $72M in capital, that is chump change for a major player interested in BMG, which implies that private money actually was not interested. Not a big vote of confidence. Anyway, the synergy between LQMT and EON was a major part of future plans, now maybe Li is going to be a passive investor in EON, or even move on to something else. It is disgraceful that our company remains silent on this development, even though EON was featured as a major part of our future
under Li.
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