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Friday, September 20, 2013 9:57:20 AM
I haven't read the full scope of the most recent filing, but it sounds like management might be trying to protect themselves in the event of a buyout while at the same time they want to continue as a going concern though 2014.
It sounds almost like there may be interest by some group in buying them out they they keep trying to dodge, but that something might be coming 1Q2014, e.g. A contract, which might explain the inside buying.
My issue is wondering if another round of financing will be dilutive even if they get a contract and some traction.
I had a weird vision last night. The word "Kilgore" popped into my mind. I did an internet search and ran across a "Kilgore" company that produces and tests flare decoys for the military.
Is there any chance that LQMT might be working with them?
http://www.kilgoreflares.com/
I don't know military or defense at all. The only Kilgore(s) I have ever known or heard about are surnames, a law firm, and a town in Texas.
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