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Spartan

04/27/17 11:23 AM

#114895 RE: PatentGuy1 #114894

I will make a prediction. Maybe as far off as my .16 cent prediction (although, the price did dip down to around .18 cents) a few weeks ago - if/when LQMT becomes profitable, Mr. Li will initiate a buyback using company funds which will make him the majority shareholder. It will benefit all of us little investors too so I am okay with that.

CIMA7

04/27/17 11:50 AM

#114900 RE: PatentGuy1 #114894

Your numbers are correct sir. Li currently owns 405 million shares. Don't forget about his warrants though.

Tlsmd

04/28/17 12:16 AM

#114971 RE: PatentGuy1 #114894

HI PatentGuy1. Yes you are correct about Professors Li's holdings of about 407,000,000 shares including the options he has. I had MISremembered it as 450,000,000 shares. I finally found a site that gave me the info I was looking for which will add more meaning to the amount of shares the Professor owns. I posted it below.

Outstanding Shares---O/S----A/O 3/21/17------886,955,425

Authorized Sares------A/S----A/O. 12/31/16----1,100,000,000

Float----------------------------------A/O. 3/21/17----408,360,400

I trust this helps us make a comparison as to what percentage of the common stock Professor Li actually controls I feel he should Buy more but, naturally, that is debatable..if he chooses for the Company to buy back stock and hold it as Treasury shares, as has been mentioned---I guess that could be an alternative. I think it is serious enough for him to give it immediate attention. GL2A. Tlsmd.