This has been my greatest fear from the day Lake Forest was closed down rented out and it became apparent that LQMTUSA was going to be nothing more than a licensing company. It doesn’t really matter whether LL owns partial interest in LK it could be any of another dozen companies within the maze which he has interest in and this same scenario would apply. Point being with control of the IP and the manufacturing based in China he will be a billionaire regardless of his holdings here in the US.
So I suppose all we have to bank on is his greed and that he wants and needs more and that in and of itself is a bit disheartening. I think we can bank on TC’s greed but he is nothing more than an errand boy and would likely have a future with LL and his global BMG network regardless of what happens to us. Why is this continuing to play out as a mystery to the shareholders, why aren’t all of the dots that have been connected to the whales being shared with LQMTUSA and it’s shareholders, why has the share price been hovering at 10 cents for the last three + years?
As far as the early retirement incentives for BB and BV are concerned everyone knows that silence has its price but they were bought off with Lqmt options which is a positive which could also be replaced by the stock of the acquiring entity. In the end I don’t think LL plans to close the doors and walk away it’s far more likely that we are swept up by a much larger entity and my guess is that it happens in 2022. I also believe that the shareholders are, always have been and will continue to be the very last consideration of management and that many will be shocked and disappointed at the value and return of any such transaction.
Good time to begin hedging your bets fellow mushrooms.
Good luck to all and have the best day ever.
Investors seek out balance and truth to help with their investment decisions, dubious hype (pro or con) in either direction does not fill the bill. Until then it’s One Day @ A Time.
