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joshuaeyu

05/10/16 10:34 PM

#87229 RE: longinus #87225

Can you shine some light on the "goodness" of bankruptcy?
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iateclube

05/11/16 5:58 AM

#87239 RE: longinus #87225

Spot on. We simply do not know what he intends to do with the company, but are willing to rollover anyway. If his intention is to take it out as you describe. then he probably would not say so before the vote....and he has not said so. On the other hand, if he intends to keep it going along with his existing company and make money for us, why would he not say so before the vote???
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yamasushi

05/11/16 8:13 AM

#87240 RE: longinus #87225

You still don't get it, do you. Lugee Li will own 405mm( 405,000,000) shares of a publicly traded company, lqmt. He stands to make FAR more $$$ owning/holding on to his shares then just try to gain 51% of company( by the way he will have to buy the remaining 5% or 55mm shares in the open market which would drive the price into the low dollar land)and try to BK the company causing his shares to be worthless. Li is a businessman and is in this to make a lot of money. He knows that every $1.00 increase in lqmt is another $405,000,000 in his pocket.