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Sunday, July 22, 2018 11:58:35 AM
217 beneficial owners. Public float is only 488 million (yes, yes, i know it used to be significantly lower). If any big news pops those 488 million shares will start flipping hands quickly.
My apologies in advance if I misunderstand you, but if you are implying that there are only 217 people (plus a few insiders) who own stock in LQMT, you are mistaken.
In the USA, the great majority of stock holders in any publicly traded company have their shares held for them "In Street Name" by brokerage firms. (It's actually more complicated because clearing houses are involved.) The brokerage house can identify the actual individual beneficial owners of a particular stock, but the company that issues the stock (e.g., LQMT) has no record of the names or numbers of individuals who own stock in the company "in street name." So the 217 "beneficial owners" that Bryce Van referred to in the OTC registration form includes brokerage firms and only a few individual stock holders who have elected "Direct Registration" when they set up their brokerage accounts.
So just to clear up Van's reporting of beneficial ownership, there are thousands of individuals who own and trade shares of LQMT... not 217.
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Those wishing for more information on this somewhat confusing subject can read the following articles.
As individual investors, you have 3 choices of how you want to hold your shares:
How stocks are voted:
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- 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
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