Hindsight is 20/20, but it made the most sense if he used only his machines now. And makes even more sense since the Chinese took a large position in Eon.
The one(?) thing I’m not understanding is how the Eon machines weren’t capable of the parts before that they allegedly needed the Engel machines for. To have that big Symposium and have apparently nothing come out of it says an awful lot about the prior execs, doesn’t it?
Moving forward, now they have a competent, USC educated guy, handpicked by Lugee and crew, as opposed to an unknown technical school “graduate,” handpicked by a guy who admitted he wasn’t a technical guy, but a “numbers” guy. I actually liked him personally (although, in retrospect, he was mostly FOS), but I thought from the start that he was the wrong CEO. However, when he was handpicked by Kang, essentially, I guess that’s all we needed to know. I mean, it’s not like we could have had him removed and if not for Lugee coming in with his stake, the new CEO could have been worse - much worse.
Unfortunately, 6 months to a year is more than fair, but all the wasted time with that f’n POS Hauck should be a crime.
But hey, the choices in the rest of the markets suck - even the FANG’s aren’t holding their ground, as tariffs and inflation threats roil the markets.
At this point, at .14 or so, with the CEO’s personal funds at stake, this is looking like as good a bet as anything else right now. Time for a drink - it’s never too early for LQMT drinking - or the rest of the market for that matter...
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