I guess you don’t know tc’s history. But his track record at LQMT has been very well summed up by the posts after you. Must’ve been a coincidence that the one receiving the least amount of shareholder votes, shareholder confidence, would be given the ceo job. Shows everyone what Li thinks about shareholder’s opinions and no, tc has proven you don’t need to manufacture anything to make serious coin from manufacturing and sales of parts, if that’s what you are looking for. No all he has to do is figure out another way to sell the IP, spike the sp a few pennies and exercise those options for another windfall.
Who knows what Li meant when he said the “next level”. Maybe the next level is down, not up. One thing is for sure in the minds of many...Li could not have made a more worse choice in picking tc to fill his shoes.
Shuffling the deck with the same un-innovating deck of cards and picking tc for ceo, with a history of failures to increase revenues by selling parts and increasing revenues to become profitable is not the level many have in mind. Selling more LQMT IP, to pop up the share price, instead of selling contracts to increase shareholder value is not what many have in mind. Because from reading the posts after yours, that’s seems to be the only things that comes to mind. How one executive increased his value, while shareholder value decreased.
Not saying tc did not do the right thing for himself in exercising his options. Not saying he didn’t find Li to bail LQMT out to put it in Bryce’s words; “extend the runway” to avoid bankruptcy.
Other than that he’s a great choice.
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