Friday, November 19, 2021 2:59:57 PM
Lets put this in perspective:
I am not sure how much LK Tech Li owns but Ill make an assumption: 20%(I have no clue but want to start somewhere). At share price of $1, this was worth roughly $150-$250m according to current market cap of $25b
https://finance.yahoo.com/quote/0558.HK/
His investment of $64million in LQMT, which LK Tech seems to likely have received IP benefits and assuming it was a segway for LK Tech to go from $1 to $20, then his $64 million, through that IP exchange (20% share), is now worth $3-$5 billion.
So, whatever happens to LQMT, the $64 million has been more than profitable.
And LQMT USA can go to 0, or even incur a final BK where no one will touch because of a poison pill in the PLA with Eontec. Again, Im just trying to connect the dots with LK Tech and much of Asia maze exploding to upside, while LQMT trades at/near all time lows.
At LQMT $0.00, Li cornered world AMM market.
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
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
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM