LM2002, I agree with your thought that Visser is behind this "investigation'. Just look at the timing. The filing with the SEC was on January 9 and Faruq announces its investigation on January 10. I'm an attorney and can say with certainty that no law firm would move so quickly unless there was actually or certain to be a very substantial payment to them. Any monetary recovery as a direct result of their investigation would be minimal and would not warrant this action. The timing strongly suggests that they were lying in wait and fully prepared on some "client's" behalf. I agree that the motivation for this announced action was not a potential punitary recovery but rather to deter the Board from going forward. Anyone planning a hostile takeover would be greatly motivated to deter an possible defense. Only Visser could be behind this. Only he would have the clout to get this action by Faruq started so quickly. Hes not interested right now in share value, he wants a controlling interest. With a controlling interest he will become LiquidMetal. There really is no other explanation for such a large law firm to act so precipitously in a matter with such little monetary reward. I'm not saying that others, including myself, would not want to prevent a further dilution of our interests but no one else but Visser could or would have acted so quickly. I don't blame him, but Visser's interest in LQMT is only to advance his own interest. That said, I would also like to add that the present board is inept, and maybe owning part of Visser's LQMT may ultimately be an improvement for shareholders. I'm sure we all have great faith in the technology, but you have to wonder why hasn't this stock soared to its potential value. I would long ago have dumped my holdings if I didn't firmly believe in the product. It's amusing that only recently has the board made these grand gestures of progress. Where have the earnings been?
