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Re: None

Monday, 08/06/2018 9:12:50 AM

Monday, August 06, 2018 9:12:50 AM

Post# of 232830
Mondays always dangerous, anything can come flying out, but we are due for
a rare peek at reality in terms of the minimal required financial disclosures. Expectations are not high, but just as interesting to me is that far as I can recall, the largest shareholder, CEO, and Chairman has not made an appearance to shareholders since the highly acclaimed open house last year. I say highly acclaimed because the people from this board that attended were most excited about it and believed they had shared in the sandcastles Mr Li is building in his mind. Well, nothing much has come of it financially but it was a great story. In the normal course of a publicly held corporation (at least in theory) the CEO tells somebody all his plans and how LQMT fits into the grander scheme of things.
Perhaps the executives ( possibly the most relevant of which is gone if you consider sales/marketing to be relevant) are fully knowledgeable, but if not, well at least the Board of Directors (which presumably looks out for our best interests) knows all. But then doesn't Mr Li control the BoD and have enough votes (shares) to keep that rolling? Somebody, somewhere, surely knows, but that somebody seems to have disappeared. Voila!
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