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Wednesday, 12/07/2022 8:16:02 PM

Wednesday, December 07, 2022 8:16:02 PM

Post# of 233358
Like it or not, there is in practical terms endless funding for China to take the lead in certain areas of technology, part of the 2025 plan which is just one part of a much longer plan. The 2025 plan is tactical. The long goal however is cultural, if not psychological, they believe they are entitled to lead the world based on their thousand year cultural superiority.. They are not the only ones to feel that way, but over the past 50 contemporary years, what China has accomplished is extraordinary. I remember
when they started building heavy and refined stuff like tail wings for Boeing in open air "factories" Look at what they can do today.

Bottom line today as far as we are concerned, is not funding, it is if and when someone in China decides LQMT again becomes useful. There is virtually nothing in hard numbers that says that has happened, or any information from the company that says otherwise in any measurable terms. It seems this company (and it's BoD) are not actually controlled by it's general shareholders, even though that is the idea with a publicly held company. One Chinese entity votes enough shares and has appointed enough Directors to do whatever. How is that wrong, given the published history in cold hard numbers, and the state of the company today? Six cents.
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