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Wednesday, August 28, 2019 12:18:12 PM
How do you reconcile Li's motivation to re-list LQMT and thereby make a fortune of at least $1,600,000,000 with Li's pledge to transfer the shares to LQMT?
I'm serious about asking because Li's pledge has never made sense to me. I'd like to know what others think and why.
so here is what i think.
when lugee transfers/merges lqmt with eon his % ownership of the newly merged company will be more valuable than both his 34% of eon and 45% of lqmt combined.
the following is my opinion on lugee's thinking/motivation when he made the pledge.
dear fellow eon shareholders
in order to expand our bmg capabilities with minimal financial risk and attract allies/partners and the trust/orders of future customers who will all co-invest capital/manpower/time in our expensive infrastructure/raw material supply/machinery/foundries/factories expansion in preparation for the bmg revolution we need to gain control of lqmt and its patents.
control of lqmt will guarantee that all our efforts and capital investments will not be blindsided by a competitor buying control of lqmt and the largest bmg patent portfolio.
when i gain control of lqmt and it patents the potential allies/partners/customers will have the confidence to join and commit their resources to our bmg expansion.
as such i will mow sell my majority stake in eon to invest and gain control of lqmt but dont panic it doesnt mean i am abandoning eon or that eon is dead and to prove this i hereby pledge that i will use the proceeds from my eon stock sales to gain control of lqmt and once they are in profit i will transfer (translation merge?) them back with eon for the benefit of all shareholders.
merged eon/lqmt will be greater than the sum of their parts.
yours truly
lugee
Mr. Yeung Tak Li has 135 million (33.5%) reasons to make eontec profitable
and 405 + 10 million (45%) reasons to make lqmt profitable
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