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tnyellowtomcat

03/06/23 4:49 PM

#228575 RE: chipboarder #228573

Chip,

If Li is as smart as we think he is, then I suspect that his 400 million LQMT shares are where they can be held and traded outside of China.

LI is in China and can surely read the CCP "writing on the wall" coming!

IMHO - Tomcat

iateclube

03/06/23 8:39 PM

#228585 RE: chipboarder #228573

Good post, thoughtful as usual. WB still has some BYD shares but turned around and bought 80% of Pilot gas stations (made an ex Senator even richer) because they are equipping them with EV charging stations. Nice, great to have foresight AND money. As to who holds the 410M LQMT shares, LQMT HK bought them and still holds them far as we know. Who owns LQMT HK is the real question. Supposed to be LL. But he said he would "transfer them to EONTEC" . Which at the time was his flagship company, and not controlled by the CCP. Now it is and he has sold most of his EON shares. The real question is who owns and controls LQMT HK? Nobody here apparently knows, but what we do know by the numbers is that LQMT Valencia is sidelined if not dead.