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Posted On: 02/21/2017 9:14:45 PM
Post# of 22463
1. we will have to see a SEC filing or QMC PR to confirm the China story. Most likely QMC has four business days because this is a material event, but we do not know when the clock started. Since China announced (they are a day ahead in time zones), it is possible we hear this week.
2. if true, then the investor may be GTG or The Tech Investment Fund that Mr. Liu controls. That would be my guess. Another possibility is a big display company wanting to invest to get favored status, but that has been offered and refused before, and I don't give that much weight.
3. I am not an expert in SEC reporting requirements for this much of an investment, but that should be manageable. After all, that is what attorneys are for.
4. If I were going to get financing, I would prefer someone I know rather than a stranger to lend me the money, because the relationship allows for more flexibility due to the familiarity. So I see this ten percent purchase as a way to finance working capital without going 'outside' to the previous lender deal.
Any comments on these thoughts? What are your thoughts on this event?
2. if true, then the investor may be GTG or The Tech Investment Fund that Mr. Liu controls. That would be my guess. Another possibility is a big display company wanting to invest to get favored status, but that has been offered and refused before, and I don't give that much weight.
3. I am not an expert in SEC reporting requirements for this much of an investment, but that should be manageable. After all, that is what attorneys are for.
4. If I were going to get financing, I would prefer someone I know rather than a stranger to lend me the money, because the relationship allows for more flexibility due to the familiarity. So I see this ten percent purchase as a way to finance working capital without going 'outside' to the previous lender deal.
Any comments on these thoughts? What are your thoughts on this event?
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