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Dell_Griffith

12/10/16 1:19 PM

#103892 RE: PayMEmf #103890

It would be a Form 4, but he's no longer an insider. He no longer needs to file anything. His shares come from authorized. They don't hit the daily volume.

We'll probably never know if/when he exercises. He gets immediate vesting (instead of waiting 3+ years for them to vest) of probably close to 10 million or so options that he needs to hold for a year to get long-term capital gain tax treatment that he can start selling off just when his severance package and health insurance benefits expire and take a guess if he plans on selling into low volume or a low price. I don't think he's sitting home pining away about his early "termination." I feel like this was totally planned by him - one year contract, selling 400 mill shs to a guy from China who already is a leader, and giving up those 3 Board seats that he knew would seal his fate and/or certainly hurt his ability to get everyone to go the way he wanted the Board to vote. This is a great deal for Steipp, but he has to believe they'll be a large appreciation in price to sign off on it because he has to exercise/pay for all those options within 90 days of termination. I could have sworn he had some in the .20's, but might be wrong on that.

FWIW, I think we'll see a steadying increasing price and then something really special the closer we get to the Apple launch for the 10th Anniversary iPhone made of "glass." Just seems to make a lot of sense.
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Ramp Worm

12/10/16 1:28 PM

#103894 RE: PayMEmf #103890

How do you know that Stiepp is buying.. and how many?

I sure hope this baby takes off I have it in several beaten up accounts. I have just hoped that they had enough money to run the distance... Then the Barney deal was confusing as all hell.. Never really understood what came down there.. It is like we LOST 1/2 the company and exclusive IP.

Maybe someone closer to this bad-boy can give me the optimistic outlook on it. :) Thx

(when I first saw this product was in the Apple sim card removal tool which was included in the box of the iPhone3) I tried to bend this little sucker.. and I couldn't do it with my fingers.. It was a WOW! I still have one. I don't want to destroy it but I am thinking I might need to put it to the torchere test. When I was told this was LQMT material I was LIKE, Oh 'Yea Baby'. Strong is an understatement.

I have not seen the Milner Knives or the Chess pieces.. To me that is middle line crap. They SHOULD be making Surgical products like scalpels for magnetic residence assisted operations. This NON-METALIC properties are what excited me. The sharpness was told to be better than stainless steel. Glass can be sharper material.

I can think of so many uses for LQMT. I am freaking hoping that its time HAS come.
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Watts Watt

12/10/16 5:23 PM

#103919 RE: PayMEmf #103890

Steipp is an ex-employee. No longer an officer, no longer a director.
Steipp is a less than a 10 per cent shareholder.
So no filing required until he is over 5 percent in STOCK HOLDINGS.

All we have to go on is that he petitioned his city council to allow him to sub-divide his current property, which allows him to sell half his land to raise cash for investing in LQMT stock options.

Until he is over 10 per cent, FOOGETABOOOOOT IT!