Absolutely correct. Stock options have been around for a long long long time. Longer than I want to remember.
So let’s just go back about 7 years. When there took place another head fake run up from 2016 to 2017, which was not based on part sales contracts but another debacle of selling it’s IP and shares to a citizen abroad to take control, shut down any attempt at domestic manufacturing and imo, force LQMT to buy all parts manufactured by him excluding any part that must be made in the USA due to prohibitive restrictions.
And what happened, (not that I blame him at all) TC sold his options for a nice piece of pocket change in 2017, when everyone believed something big was imminently about to happen and many more familiar with him than I got pissed off. Like why would an offer or executive of the company sell all of the options if the share price was going to bounce back up?
What happened next? From 2017 on, the share price has consistently gone down the drain into an abyss, where some shareholders think it’s fantastic that it no longer for now trades at all time lows. Big f…ing deal, the share price bounces back 100% or so, still trading under a dime, with hot air and still no contracts and in the land of Oz you would think we are closing at a dollar a share by the end of the year!
I said it before a few times I’ll say it again; options mean zilch to many! Contracts mean everything all!
You are absolutely correct! Nothing changes.
And one more thing, so does ten cents a share!
Sustain 0.30, 0.40, and 0.50 and maybe I’ll be a believer again. But this nickel dime up and down BS and once in awhile minuscule fee collecting contracts is not what serious dice rollers or serious investors are looking for with their long term investment.
Nothing changes until it does.
