Friday, October 02, 2015 10:51:10 PM
Nothing concrete has been described yet to see what sales and marketing organization he has developed in Europe.
What has not yet been developed are contract manufacturers (those entities similar to VPC) which were to take high volume contracts.
It is clear that this strategy was postponed by Steipp, for the time being, until the Company proved itself as being a viable manufacturer itself, which, at least publicly, they have not demonstrated yet, except my a minimal achievement with Miltner.
The major hold-ups, in securing contracts, have been
1) redundancy, which only was recently achieved by the receipt of a second machine, and
2) ISO certification, which, imo has been delayed due to the lateness in receiving the second machine, which more than likely had some upgrades made to it, which now compell the company to make similar upgrades to the first machine. That's just how it works.
Everyone knew that this would take time.
December-January will be the theoretical turning point in which LQMT may both offer redundancy of production, to a certain extent (since real redundancy means a second manufacturing facility independent of this one) and ultimately, in DEC and JAN, ISO certification.
Some on this board said they would drop the stock at the end of the year, but, imho that would be quite premature.
I am interested in knowing just what relationship Paul Hauck may have ever had with Walter Eugen Weyler, since the two of them were never working at Kinetics at the same time. I am pretty confident that Paul probably had met him through the trade organization for MIMA. Just my hunch. If in fact Weyler had in his tenure persuaded some heavy hitters to take up MIM when he presided over Kinetics, it could very well be that he has some clout left, even at 76, with some of the long time Kinetic customer base.
We'll see. In the meantime, to blame Hauck for lack of certification of the machines is a cheap shot. That simply is not his responsibility. That is STEIPP and CRONIES bailiwick and they solely are responsible for the delays in this department.
So when you keep hearing Manana, Manana, Manana, you know the fault lies not witin Team Hauck, but distinctly within the Team Steipp cadre of eff-ups...
Are what you think, what you say, and what you do in agreement? Why not?
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