OOO,
I'm not convinced that LQMT management cares what their reputation is after the money is deposited into their account. Months ago before this blew up with AAPL rumors we were vetting our BODs. My conclusion was that the board was still dominated by Kang hold overs. I'm willing to give Tom time to match his words with actions but when Tony Chung tells me that they aren't looking to dilute and then does that as soon as the shares are autherized I'm left with only one conclusion to draw.
As for Visser, he still holds all the cards and benifitts more than anyone from a LQMT bankruptcy. The IP is his if they go down. He also knows a little about sales.
You are spot on that this will be the last raising of money if they don't produce. The big question is do they care?
On a personal note, my day job is acting. I've been doing it for 22 years. That's why words mean so much to me. It's also why I search for people's motivations so hard.
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