For a while now there have been accumulations of shares by new speculators. Picking up shares even at 0.25 cents is very cheap. It’s a high risk bet proven to have no guarantees and they have a proven record to back that up. The spikes seem always to be generated on new or regurgitated ideas for speculation. One can clearly see the progress other companies are making in their own endeavors to grow earnings and to remain competitive. New materials used in products always are a factor if they can hold and generate new growth. This is where amorphous metals can play a role.
How LQMT with all of its compromising agreements to stay afloat fits in, have yet to be seen in terms of receiving $$$$ and not just recognition. The new JV venture utilizing Hong Kong laws fits in favorably to that end.
After the 8K release. I don’t recall anyone passing judgment on the location of this new proposed location, China! No one said: “WHAT CHINA AGAIN “. No, all I read was Hoopla. I don’t think anyone read the 8K at the time.
I think whatever went down was the best deal LL could get from China. They maintain control on the technology and the materials. Probably not the best deal for LQMT, but the best deal he could get. Something is better than nothing. It is a position LQMT put themselves in by executive failures, way before LL showed up.
I think Chip aka Bob, nailed it regarding the paper transfer of shares promised to be purchased by those four shells.
The takeaway is simple. Many invested thousands in a speculative penny stock that should have evaporated a long time ago. Perhaps this time the reality of the materials properties no matter what form it is manufactured in will catch up with just a small percentage of its speculation and allow for all to exit at a price they deem appropriate.
Right now dice rollers are betting on that outcome.
Thank you.
Good luck to you.
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