Liquidmetal Technologies Inc (LQMT)

[Pennylicious555]

Just talked to IR...

Current outstanding share count is 242M, much better than I expected, personally thought it would be a lot worse over 300M.

Last payment to note holders is September 1st of this year...

With respect to vote to increase authorized share count another 100M, that is only due to the fact that one of their covenants requires them to have an authorized share count equal to 150% of their outstanding share count....242M X 1.5 = 363M so they are simply giving themselves some breathing room with respect to this covenant...they are not expecting to have to issue shares anywhere near the 500M authorized share count level.

IR also reiterated the company certainly has enough operating capital through 2013 and is not expecting to do any type of secondary equity financing anytime soon.

Also talked to head of marketing Dennis whose been there for 11 years, sounded like there are major projects in the pipeline that he could not elaborate on.

Good luck all.