Another 100,000,000 (+ warrants)shares were acquired at a value of .25 per share. Mr. Li’s average pps is .175.
Whatever difficulties we perceive for Mr. Li. to obtaining revenues. I am quite sure one of them is not to see the pps drop too much further.
What all of us may be missing is that the world is now becoming saturated with amorphous metal companies both public and private, and none of them has hit a bullseye yet, even though technology advances have been made. And of the top 4 companies in this new (60 year old) field. LQMT still has the best shot at capturing future revenues. At this point in time all of the amorphous metal companies have not nailed it. We look at websites and competitive companies for clues. They do not have an edge on LQMT today.
There seems to be a huge disconnect between what we see in the value of amorphous metal and what potential clients do not see. Hence no huge contracts. I find that this imbalance will eventually end. I just hope we will live long enough to reap the reward.