Been trying to think my way through this "one zillionth" exercise in idiocy. Other than the "once in a while" blog posts that never amount to anything, the only hook LQMT has in me is Li's "investment".
Hard to believe that a $64M investment is ignored to the degree that the CEO can't find 20 minutes out of his day to field a few questions and/or even a half assed explanation of the apparent stagnation in his business. Subsequent to his actions following the "electrical upgrade" fiasco he seemingly has exited the building as they say.
In the beginning of Li's tenure I speculated that he simply bought the IP and left the LF boys to sink or swim. So much to the good if they could make it a go, but if not he got what he paid for anyhow. When they began to sink out of their own incompetence he put on the breaks and gave them another chance, and that is where we are now in the timeline.
Somewhere in the past few months someone kicked the feeders in the ass and told them they had to have a "shareholders meeting" or the feeding tube would be cut off though some sort of legalities. Li could have cared less and just let them "do there thing" after signing whatever they needed.
In short, LI is not involved in LQMT-USA and if the company folds he still has the ability to profit though some other means. Eleven years for me and I hate to toss it all out the window. At one time I was ready to ride it up or down regardless but it seems all the pilots of this "rocket" are not flying it to anywhere definable.
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