Replies to post #178890 on Liquidmetal Technologies Inc (LQMT)

[Dell_Griffith]

i wish this were a real company.

history shows nothing since kang.

The question isn’t if this is a “real” company, but why they can’t figure out how to make money. Bullshit companies don’t keep current with SEC filings, late notifications, Department of State filings, etc., etc., etc. It’s a waste of money. BS companies don’t spend time and money on that.

This Company was a complete fraud under Kang - nothing legitimate with him. They were constantly “auditor-shopping” because no one wanted a shitty client, no matter how much they were willing to pay for their services. That speaks volumes.

Regardless, the amount of money they are spending now to hire an elite arbitrator and hiring One LLP to silence Kang’s misappropriation of trademarks is not the sign of a Company that isn’t real. I just thought Apple was supposed to be defending IP, including trademarks and related rights, other than just “tech,” but it doesn’t appear that way. I’m not convinced the change of control didn’t make a lot of changes to the MTA and/or the internet warrior experts don’t really understand it. And if Apple cared about CIP, why not pay more than 63 mill to gain control? Either they don’t care about CIP or they were OK with Li gaining control. Impossible to prognosticate on that unless you’re an insider or involved in drafting the MTA or PLA.

Afrasiabi and Kim are as legit as it gets. Everyone in the IP world knows Afrasiabi, and Kim is all Stanford.

https://onellp.com/attorney/peter-afrasiabi/

https://onellp.com/attorney/jenny-kim/

And the chosen arbitrator? Jay Gandhi. The guy was a partner at Paul Hastings and LQMT pushed for him. For what it’s worth, not much because Kang is a waste, but Kang is screwed. It’s just a question if he doesn’t lose his gated community home that’s probably deeded in his wife’s name if Gandhi doesn’t rule it was a fraudulent transfer in anticipation of litigation.

https://www.jamsadr.com/gandhi/

They needed to make the changes they made. They just waited too long for many of them, so that it pushed the timeline back even further. If it was Steipp, he just would have just diluted more - aka keeping the gravy train for insiders, while outsiders lose more value.

So, for all others, if the idea was an “IP grab” or this Company wasn’t “real,” why waste the money finally prosecuting Kang for infringement in the U.S. or hiring an elite IP firm to prosecute violations of IP? I get it, all that and a bag of chips still won’t make the Company money, but it’s impossible to support that this Company was more “real” under Kang than now.

Besides, they were never going to manufacture out of LF for anyone. That was a Hauck delusion/diversion to keep his job and justify dumping shares as an Executive VP of Sales. I saw the stench from that guy miles away when he got all defensive when I asked if he was surprised about the acquisition of his previous employer. In other words, you don’t easily move from Oregon to CA and a penny stock Company hanging on for survival if your acquirer wants to keep you around, you’re not afraid of being found out, or you can easily find another job because you’re great at what you do. Now, I wish I was so certain about Kent. I think he’s a “decent guy,” but that doesn’t necessarily mean he can sell product, although his China background has more use than Hauck’s uselessness,

Manufacture in the U.S.? Pffft, please, it’s dead. That ship sailed to China under Clinton and through Bush and Obama. They only strengthened the reliance on China.

The only way this Company will make money is manufacture in China - like ALL other U.S. companies. And Apple and related all know the power of Foxconn, so it’s more of a crapshoot of Lugee being from China as opposed to solely saying it’s a negative.

And Lugee is in a tough spot. He’s got a tough balance of fiduciary duties. SEC can easily kill something if they smell a conflict and he’s out the 63 mill. The hurdles he had to leap to get the 63 mill in are enormous. Had others research it and this is the only situation like this - a Chinese investor putting 63 mill into a penny stock U.S. Company. The financial regulatory hurdles are no joke.

Maybe Li finally figured out its better to keep quiet than to make prognostications about “fruit companies” and “golden years (2017).”

Anyway, this isn’t an attack - only it makes no sense to prosecute Kang in the U.S. if this was just an IP grab back to China and they aren’t real, although the points about a merger of Eon into LQMT would be a monumental first - a larger Chinese Company merged into a tiny cap U.S. Company? Can’t see the justification for that either.

Agreed, though, that if real means they haven’t found a way to make real money, then that’s really the only real that matters.

Only posted here because I was bored and got tired of the IP grab prognostications, although you never say never. Certainly, the Lugee investment never seemed possible nor did the recent changes.

Bottom line - who the hell knows? Not even sure the insiders know.