Which brings us back to no confidence and a lack of regard for outside shareholders.imo.
More like lack of communications!
What ever happened to those shares have a zero impact on LQMT. The private deals regarding those shares between LL and Pong for loss or gain is an affair of LL’s. If it turns out to be a loss for LL that is his affair. Wherever they are or who ever holds them, they are only worth what you can sell them for. If they were used by LL to borrow, he is the one that has to pay back a creditor.
I hope the scoop from tc is much bigger than this soap opera dribble and has a more direct and immediate positive impact on LQMTs share price.
I believe all of those shares became unrestricted in an amendment right after LL made his deal. What is more shady is, I don’t understand how LL could successfully leverage $28 million for a piece of paper that everyone knows was only worth $7 million to finance another personal project.
When I see crap like this, the memory of John Kang comes to mind.
This sort of sheeet forces theories. Since I cannot see where 179 million shares are stashed could be the promissory note was transferred and for the purposes of avoiding public attention, four others hold the note and stock. Still the bottom line is it has not had a positive or negative effect on the share price.
Good luck to you.
Does anyone know if these topics ever made it on the other boards? Would be interesting to hear their spiel.
As a rule I do not and have not read other boards.
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