no one said they were financing LK
It is however a fact that LQMT is significantly financing some other entity which is a classified as level two for the debt. Perhaps you should research what the definition of level 2 debt constitutes.
Now, it is plausible that whatever corporation that LQMT financed needed the cash for working capital or cap-ex for equipment for a manufacturing contract. If LQMT financed it, it’s also plausible that it was done for a sales contract that LQMT initiated. At these levels, that would be a whale.
There is no chance in hell, without significant repercussions from the BOD, LI, and stockholders that LQMT would invest into an unrelated company at a level 2 security.
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