Replies to post #10167 on Liquidmetal Technologies Inc (LQMT)

[Jimmy777]

You raise a good point Frank in your last sentence "Why would Visser approve the dilution" if in fact he is voting which is a given that he will be.

You have me scratching my head on that one (unless he is to receive even more of those diluted shares).

Regardless of the price he is in at whether .10, .22 or .26 it would not seem to benefit him.

To vote your shares, you need to be a share holder as of May 1st as we know. What I'm wondering is if a share holder (specifically Visser) were to own some shares before May 1st but increased his holdings after May 1st, would he be able to vote all the shares he owns currently or only the shares he owned PRIOR to May 1st?

[golong22]

Frank, you do NOT issue shares to prevent a stock from rising. The market cap is the market cap. With fewer shares, it goes higher to reach the "market cap.." with more shares, it doesn't rise as high to reach the same market cap. The only reason to dilute is to:
1) sell shares on the open market to raise cash
2) Incentive's to employees (new and old) as low priced stock options. (As Steipp said..)
3) Prevent a "hostile takeover" (As Steipp said...) To which I say LOL! (Let LQMT get bought out at $2.00..fine by me!)

Either way, dilution is never a good thing unless you have a surprisingly new revenue stream and you need to cash for manufacturing, marketing, hiring or expanding.

[Barney Vissur]

I find the exercise date of all those shares particularly compelling. It may mean nothing, but it's relatively interesting regardless:

1) What if the number of increased shares isn't approved? Then, they don't have all those shares they may be expecting to get through the additional issuance so they need to exercise what they have now so they will have shares to sell in the event of a pop.

2) The WWDC is coming up.

3) Visser is getting rights to his shares NOW. He could obviously do it much later, but if the price jumps for some reason, it would obviously be a helluva lot more expensive for him to buy in after any run. HOWEVER, his lock up for 5 years is of great value to every single other shareholder except for Ben, lol! Why? Because he sold 'em already, lol! Well, maybe he bought 'em back by now.

[Watts Watt]

Shares, if authorized on June 28, are immediately available for issuance.

[Watts Watt]

Visser's 25% share holdings are not shares of record as of May 1.
I believe only 7 million shares were "of record" on May 1.

And, yes, management is concerned that the proxy will not pass.

[MONEYMADE]

,,,,,,,100M = drop to .05--MM