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Replies to #45093 on lowtrade

lowtrade

05/19/16 6:13 PM

#45094 RE: lowtrade #45093

Just did some research on LQMT. Liking it more. While they are not news hounds, they are securing big funding. And are a full reporting OTCBQ company.

The funding looks like a increase in the A/S will come before AUG. As they closed $8.4 mil for 105,000,000 shares or .08 cents a share and are reporting the second 300,000,000 shares will close In AUG for $55 mil or .18 cents a share. Averages out to $63.4 mil for 405 mil shares or .16 per share.

The stock price is .13 cents today. The O/S is 582 mil and A/S is 700 mil. So if the total funding deal closes the OS will be above A/S.