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gorgol

11/26/13 12:20 PM

#40712 RE: AliAz #40709

So are you short LQMT??? You coudn't have shares....so just what is your position??? You certainly can't be waiting on the sidelines waiting to jump in with good news. Are you a trader wanting the price to fall with your posts??? Speak up...be strong..lets have some truth...
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Surfint

11/26/13 12:24 PM

#40714 RE: AliAz #40709

I think BV got in bed with LQMT because they are educated and experienced in areas that he isn't (he dropped out of college even though he is a smart successful man, etc.).

You can't fake physics, you have to rely on someone educated in it.

He was probably glitzed by the smooth talk and credentials like so many other intelligent investors but in other areas.

I agree with the comments about "secrecy" on the website, etc. It seems to me that a top secret project ( military, etc.) involving complex assemblies, would require "quality" standards ( maybe their own, e.g. ISO-plus).

Once Engel LMT ready machines become available, more doors could open.
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Barney Vissur

11/26/13 12:33 PM

#40718 RE: AliAz #40709

Couple of corrections/clarification, if I may:

1) I do not know the pretext or context of the litigation, but the accountants are always thrown into the mix. Why? Because when push comes to shove and parties are filing for bankruptcy, the accountants have the SEC professional malpractice policies that pay out big and they have to be included as a defendant because most of the time, if the plaintiffs don't include them, they'll get zip.

2) It was actually not an Engel machine, it was an entirely different machine that was for big bucks about a month or so back. There are no UCC's on Engel machines. Therein lies one of many quandaries.