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Re: poop deck pappy post# 37227

Friday, 09/27/2013 6:40:40 AM

Friday, September 27, 2013 6:40:40 AM

Post# of 239544
Didn't know you did all that - interesting. Wish I had known you back then, I would have seen what, if anything, I could do on the info regarding the vote totals. I was also told, very wrongly, that ASHM minutes are privileged. They are NOT. Board minutes are, however. Regardless, I didn't push it further because Watts was good enough to provide us the ASHM minutes last time as the only shareholder there while others bitched about him penning under a guise. If, for some strange reason, I do go back to going there, I will have something to say to them about that. (And you know, PDP, that I NEVER go back and forth on ANYTHING, lol. I cannot help being a fickle bee-yotch).

If this ever does become a real company, they're really going to have to work on finding a corporate and securities lawyer that can properly advise them, as I didn't research it, but I do not see ANY way that vote totals are privileged. That also sounds like a load of rubbish.

I can't figure Visser out, and his relationship with LQMT, for sheet. Ruegsegger is a VERY good atty and is very protective of his client's interests, and rightly so. I just hope he isn't looking at things that he'd rather see his client not lose money than make loads of it if he is not really part of the LQMT insider group. Since he hasn't been showing up at the ASHM and won't be there again, I would suspect he IS part of the inside and not just because of his share count. The property thing is perplexing to me. I don't see Visser as a debtor-type guy. Ford's CFO leveraged a bunch of properties so they'd have cash to survive the financial crisis and now they're thriving. Here I go again - back and forth - I think he's doing it to maintain his anti-dilutive clause or to buy something else. IMVHO, he's been in business too long and suffered too many economy dips to all of a sudden need cash to survive by leveraging like that.

Bottom line - if these guys are going to truly make REAL money, they are a lot more patient and calculating than a load of minority shareholders.

P.S. As for sounding dumb, I have learned that the "sounding dumb" is a complete FRONT, lol! Where I come from, too many morons here think they are smarter than everyone else, and that's D U M B.

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