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sandy4

09/26/13 12:43 PM

#37232 RE: poop deck pappy #37227

No one knows, no one knows..no one knows...no one knows...Those that feel the game is over..will LEAVE....those that want to take the risk, WILL STAY...its as simple as that. Rehashing the obvious...those days should be done. Again, I think the only ones left are those willing to take the BIG RISK, for what may come in the future...
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Jollymon1958

09/26/13 1:35 PM

#37233 RE: poop deck pappy #37227

Southern I am...
camped out here on the banks of the Chattahoochee listening to the Abrams M1A1 taking target practice. Wish they would find a projectile that wasn't so damn loud!
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LQempty

09/26/13 3:48 PM

#37242 RE: poop deck pappy #37227

Ha...

Three little children layin' in the bed
Two were sick and the other 'most dead
Sent for the doctor, the doctor said
"Feed those children on shortnin' bread"
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Barney Vissur

09/27/13 6:40 AM

#37274 RE: poop deck pappy #37227

Didn't know you did all that - interesting. Wish I had known you back then, I would have seen what, if anything, I could do on the info regarding the vote totals. I was also told, very wrongly, that ASHM minutes are privileged. They are NOT. Board minutes are, however. Regardless, I didn't push it further because Watts was good enough to provide us the ASHM minutes last time as the only shareholder there while others bitched about him penning under a guise. If, for some strange reason, I do go back to going there, I will have something to say to them about that. (And you know, PDP, that I NEVER go back and forth on ANYTHING, lol. I cannot help being a fickle bee-yotch).

If this ever does become a real company, they're really going to have to work on finding a corporate and securities lawyer that can properly advise them, as I didn't research it, but I do not see ANY way that vote totals are privileged. That also sounds like a load of rubbish.

I can't figure Visser out, and his relationship with LQMT, for sheet. Ruegsegger is a VERY good atty and is very protective of his client's interests, and rightly so. I just hope he isn't looking at things that he'd rather see his client not lose money than make loads of it if he is not really part of the LQMT insider group. Since he hasn't been showing up at the ASHM and won't be there again, I would suspect he IS part of the inside and not just because of his share count. The property thing is perplexing to me. I don't see Visser as a debtor-type guy. Ford's CFO leveraged a bunch of properties so they'd have cash to survive the financial crisis and now they're thriving. Here I go again - back and forth - I think he's doing it to maintain his anti-dilutive clause or to buy something else. IMVHO, he's been in business too long and suffered too many economy dips to all of a sudden need cash to survive by leveraging like that.

Bottom line - if these guys are going to truly make REAL money, they are a lot more patient and calculating than a load of minority shareholders.

P.S. As for sounding dumb, I have learned that the "sounding dumb" is a complete FRONT, lol! Where I come from, too many morons here think they are smarter than everyone else, and that's D U M B.

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AliAz

09/27/13 3:16 PM

#37296 RE: poop deck pappy #37227

PDP, Yamu faithfully corrects me whenever...

I carelessly state that Barney Visser has a controlling interest in LQMT. He is correct that Barney, through his LQMT shares held by his privately owned entities Furniture Row, Visser Precision Cast, and Norden LLC, does not have >50% of the LQMT outstanding shares, a/o 08/26/13 (the date of record for the pending 10/24/2013 Proxy Vote) That does equal 14% of the outstanding LQMT shares a/0 8/26/2013

Indeed, Abdi Mahamedi, President and CEO of Carlyle Development Group of Comapnies, with authority to vote the Carlyle's 20MM+ shares of LQMT(5.6% of outstanding shares) on Carlyle's behalf. That plus the the 11.5% owned by the Insiders (Mgmt + Board) totals 17%.

Mr. Mahamedi evaluates and supervises all of the investment activities and management personnel at Carlyle. Mahamedi is also Chairman of the Board of LiquidMetal Technologies, Inc., which makes him and Insider. On his own, he had 6.3% of LQMT outstanding shares on 8/26/2013. So he himself can vote about 12% of the LQMT shares. That is less than Barney Visser.

But the total Insiders plus Mahamedi's Carlyle shares do equal 17%, which is more than Barney Visser's total holdings (I think?!?!?)

INMHO, the following is the only important proposal in the current Porxy up for vote:

Proposal 2 – Approval of the Amendment and Restatement of Our Certificate of Incorporation. Approval of the amendment and restatement of our Certificate of Incorporation to (i) increase the number of shares of common stock that we are authorized to issue from 500,000,000 shares to 700,000,000 shares and (ii)...abstentions and broker non-votes will have the same effect as votes against this proposal.

NOTE: abstention is NO!

All of the other proposals in the proxy are "advisory". So really they are just a shout-out, but lack authority.

IF, ond only if, Visser votes no on the additional shares and there are sufficient abstentions from non-Insiders or No's, will the added share authorization not be approved.

But it is in the hands of Barney Visser, and last time, he did not respond to Jollyman's letter.

Any bets on how Barney will vote this time?