I'm amazed that so many of you are excited that LQMT is out from under the yoke of VPC. That you believe VPC has held back production and sales. You believe it because LQMT has told you that is the truth. They told this truth in a filing that dropped on Friday after the close. This following a week where they gave themselves 200,000,000 more shares.
If you think Visser was the problem explain how.
What contracts did LQMT sign for production parts?
How was Visser to make the parts? We've only just sent the machine back for final testing.
Visser was supposed to already have a machine but it's clearly not production ready.
The idea that Visser doesn't have the ability or skill to manufacture injection molded parts is delusional.
Visser, from scratch, built a NASCAR (Sprint Cup) team that is winning in less than 5 years.
He the first to do it west of the Mississippi.
If you think it's no big deal you have no idea how competitive motor sports is and how close the margins of victory are.
His wealth is 250 million at least.
If he decides to toy with LQMT they are gone.
The info available is LQMT's side of the story. Do you think it's possible Visser will have a different story?
Do you really believe that Visser who earns his money is guilty of all these things and will loose arbitration completely?
Have you considered that Visser may win?
CUT TO: THE SIDE OF A MOUNTAIN. EXT. DAY
Shareholder Timmy, bloody, injured and dehydrated is holding on to one of those cliff shrubs two thousand feet above the valley floor. One wrong move and our hero falls to his death. The shrub is scrawny and giving way. He screams for help. Rocks and dirt falling by his face. Timmy realizes help is not coming. He looks up to the sky, closes his eyes and starts to say "The Lords Prayer".
Timmy whispering, "And lead us not into temptation but deliver..."
Tom appears above Timmy and is reciting it with him. Timmy stares at Tom in disbelief when Barney appears next to Tom. Tom and Barney are inches away.
Tom says, "Your in the midst of falling to a certain death. I believe that if we don't do something quickly you will die. Barney what should we do?"
Visser not looking at Tom says nothing.
Tom, "Do something Barney."
The shrub breaks free and instantly Timmy is gone. Timmy's scream grows quit as he falls away. Tom and Barney look over the edge.
Tom walks away. He turns before getting in his car and says, "You should have done something. You'll be hearing from my lawyer."
Good luck next week. I'm sure this will touch .50 shortly.
