Something to really think about as others have already reached the same conclusions.
So why does LL own about 46% of LQMT or as some used to say he has 405 million reasons to?
The answer might still be a surprise to many. As it might be that LL has only one reason with many legs.
To control LQMT in order to stifle its growth and eliminate competition. First, The agreements did that by LQMT, agreeing to give up all of its patent rights and ip rights for use by reducing LQMT’s footprint. No longer will LQMT be able to earn any income in China’s new agreed to footprint with the LQMT/Eontec agreements.
Second, LL shutdown the power upgrade laid off staff (Got rid of) and then shutdown and ended domestic operations for business manufacturing in the so called new Open House at LF CA.
Thus making it impossible to secure contracts with companies in the USA banned or prevented from doing business with China.
Third LL let go or forced terminations of executives who had knowledge of amorphous metal and other metals. Thus reducing LQMT’s abilities to grow and research. Just look at the R&D budgets from past 10k’s.
Fourth frequent updates and PR’s where are they? and blog updates of progress? All but gone.
Bottom line LL has stifled communications with the outside shareholders. Not that it was so great before.
Yes LL has 405 plus million reasons to own LQMT. It’s just that after 7 years of his presence the reasons looks more and more like it was to expand growth in China at the sacrifice of growth in the USA, all at our expense.
Now of course these are just my opinions and like others who have different opinions are meaningless. Right?
Not so fast. All of the financial data and accounts of what has transpired by LQMT’s own filed SEC documents are from what I can tell an accurate financial picture. So to are the data of trading volumes, stock interest and share price and announcements of new contracts and partnerships disappearing and appearing.
Based on facts not opinions as of today one of these views and opinions seems to be on the right side.
Something to think about, while we wait for LQMT’s success.
As always my opinions are always worth less than the price of a LQMT share.
