Replies to post #60668 on Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

Revote or not, Chung would have to call a special shareholders meeting to have a revote.

The shareholders who count, those who have a vested interest in LQMT, are the ones who had their shares voted.

Obviously, young mr chung does not accept the reality of the vote and the message that the shareholders are sending him.

Chung is the one who initiates the need for more shares and he is only thinking of his self-interest and not the REAL SHAREHOLDERS who put in hard earned money.

He screwed himself through gross negligence, just like he did by filing the last SEC filing by not insuring that the auditors signed off on the deal.

He is a very young man with significantly limited experience and it is coming back to bite him in his big bad ass.

It is essential that he grow up pretty fast and get with the real world of accounting and law or that he be replaced by a competent attorney and CPA. (not OOO, who is to valuable for free advice on this board).

It is interesting to note that Steipp has relied upon Chung for advice from day one (August 2010) as another hold over from Kangdom Kome.

It is due to Chung's sad legal experience that LQMT ended up with two perpetual exclusive contracts: Apple and Visser, so one sided AGAINST LQMT shareholders best interests.

[iateclube]

darknight, the voting stats are interesting. Insiders do not have enough shares to pass their amendment, and neither do the(few) institutional investors on top of that. Who are the "investment firms" they neglected to wrangle into voting? 274M shares voted on proposal 4, but only 40 -50 million on the rest. Who are these folks, inhabitants of IHub? In any event, the margins were razor thin
unless I am not reading the stats correctly.

[Barney Vissur]

Anyone ask why such a low vote count on the 3 most important issues of the proxy, but FIVE TIMES PLUS the number of votes and large approval for auditors who forgot to sign their own 10K?

Forget him asking the attorney about a re-vote, maybe he needs to recalculate his abacus on that count. As I recall, their proxy is for, against and abstain. I don't question your notes, but I find it hard to believe that 220 MILLION less votes voted on those other proposals. In other words, there were numerous abstentions on critical issues, but everyone jumped in to vote on the relatively insignificant auditor issue?

[ZombieSecurityAgent]

Well, I'm proud of the shareholders for the no vote. I think it sent a resounding message to management that investors now want revenues and not just more talking about maybe next 2 quarters. Maybe it lit a fire under them to perform. Nevertheless, I am sure If there is a workaround somewhere if they choose to pursue it.

If anyone would like to compile links to the relevant posts from those who attended the ASM I would be happy to sticky it for you. Those were some nice write ups.

Just my opinion and best o luck.