Previous to Tony Chung, Tom Steipp's salary was $800k a year. Tony Chung is a really cheap inside guy who job is to just maintain. Running LQMT is really a part-time side hustle at this point, no? Does anyone really believe that TC works hard every day to propel LQMT forward?
The fact that Lugee Li never chose to immerse himself in the Center of Excellence and get his hands dirty or share his "expertise" is really something the unicorns should answer for themselves. I think it's been three years since we last heard a word about LQMT and Lugee Li.
Lugee Li is mythical. The person LQMT shareholders want him to be is there imaginations run wild. And, I think he is retired and exited stage left. If he were to show up at a future shareholders meeting, his itinerary will be more about his time spent at Disneyland than Valencia Drive.
Partnerships???? No, Eontec buying LQMT was the Romans ransacking Egypt. They took what they wanted and left. These supposed maze companies do not give a shit about pieces of paper that say they are supposed to give money to LQMT. As I said at the time when Li closed the deal, there was a briefcase of IP that took a one way trip to Hong Kong. That briefcase and its contents are never coming back. Again, these supposed maze companies will NOT care about some shareholder shaking some piece of paper in their face.
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