Saturday, July 10, 2021 3:10:02 AM
It is not uncommon for this to happen. I would not be surpised if six months down the road they announce Chung as permanent CEO of LQMT.
Take SirriusXM for example. I have been a holder of SIRIXM for probably the last dozen years or so. In December of 2012 when Mel Karmazin resigned, James Myer was appointed Interim CEO. In April of 2013 Myer was named full time CEO.
As long as Li remains the controlling majority stakeholder and Chairman of the Board...it will still be Li calling the shots behind the scenes, not Chung.
As far as why did Li resign? That is the million dollar question. Obviously something MAJOR is about to happen. Pure speculation on my part but for some reason something tells me possibly an outside entity may have a interest in LQMT.
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
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM