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Re: Watts Watt post# 45033

Sunday, 02/09/2014 1:48:00 PM

Sunday, February 09, 2014 1:48:00 PM

Post# of 232825
Lqmt was in a rush to secure funding to prevent foreclosure where aapl would get all the patents. Maybe they were trying to negotiate with aapl at the same time. In any case, from the first CC that I listened to, Steipp sounded like they were scrambling to get funding ( enter VPC).

It sounded like they didn't have a lot of time left to do thorough DD ( they needed money first and foremost, and fast).
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