Liquidmetal Technologies Inc (LQMT)

[taggingalong]

This is not JUST a Start-Up Company. You need to learn what you are talking about when you so effortlessly reduce the magnitude of what is actually happening when new Multi-Billion and/or Trillion Dollar Innovations / industries are in the process of being borne ... Again compare it to the plastics industry and how long it took to finally roll out. This is no different... A few decades is quite normal and you continue to confuse that you (and all of us also) may have bought 20 years early but that does not mean in the least bit that LQMT or any others in this space are incompetent etc... It is the nature of the beat if you just learn a little bit about what is actually involved in pioneering efforts especially something of this magnitude.... Since you are so smart why not offer your services to LQMT and then you will really understand how little you know...

[Researchfyi]

Like many start up companies, this one acting out more like a motor vehicle stalled out In traffic waiting for a tow truck to pull it off the road for twenty years to be fixed, need only to increase the potential by commercializing the IP and inking an order with a high value name brand company. They can do it in auto, medical and industrial products. LQMT does not have to sign millions of dollars in deals to get there. Once they can successfully succeed in commercializing their ip in smaller projects the marketing of the Liquidmetal brand will market itself. Both demand and hype will take care of the rest. It has worked for many companies, where market analysts over value a company’s real potential. Like a poster here recently used a word “parabolic”.

It happened at the ipo it almost happened with the LQMT/Apple debacle but not quite with the take over from China via LL.

The real problem here are the ages of those holding long term. It is why most will sell at much lower prices. Time is not on the side of most long term shareholders. And of management…I think you already stated it clearly in your opinion.

Now that said. I don’t think LL or China invested $64 million to gross $500,000.00 annually from LQMT. Or a few million in China from the same IP.

[Researchfyi]

Another week passes and LQMT’s share price is down 2.68% from 0.0596 cents to 0.058 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.

LQMT released another filed sec form this week as noted and posted by fricassee, on this board. regarding FORM 12b-25 NOTIFICATION OF LATE FILING. Like I said last week: “I guess the way the things are going, I’m almost certain we will learn anything new from posters first and LQMT second. The same way we learned about Zyris and the Ring.”

It’s a very sad state of affairs, when LQMT executives can’t update shareholders on the website blog as to what’s going on. Crap that has nothing to do with NDA’s or anything else that requires silence. Just a bunch of lazy arse executives imo, not keeping shareholders up to date on what is going on.

In a recent post earlier today I posted this:

“Transparency is long overdue. It may cost too much to release a PR. But it costs very little for an executive blog comment to update all shareholders. When was the last communication of executive commentary made on the LQMT executive blog? Anyone?
Wasn’t that the purpose of the blog as stated in a PR?”

LQMT is now into its 28th consecutive month without a new contract announcement for the order of parts.

Share price is holding in the low pennies. Dropping from the 0.06’s to the upper 0.05’s. The walk back down is usually slow after a run up.

As stated a gazillion times: with anemic trading volumes the share price means BUBKIS!

Perhaps in 2025 or 2026 LQMT might succeed and if they ever do make it in 2024, all in it will be very thankful and glad that they did.

FOMO lives and is probably the main reason why anyone holds on regardless of any other opinion at this time. Not wanting to take a loss at this point may be another.

I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT. I believe I nailed it correctly. This board has had it correct past and present from potential to expectations to hope to FOMO.

Unfortunately LQMT can still hit the 02’s. Not my wish. The performance of LQMT will decide that.
No matter what anyone’s views are for LQMT going forward. The fundamentals have not changed.

There is potential for a contract announcement to correct the southerly direction LQMT has been heading for the past seven years. If anyone is looking to earn some lunch money, this year could be the time to be in LQMT.

There doesn’t seem to be much enthusiasm for the upcoming 10Q1 whenever that happens. One would think the former accountants completed the 10Q1 before they got canned.

There is also the cloud surrounding the ring and LQMT. Perhaps either company might be able to break through those clouds with a little sunshine.
Recently Movano shed some light this week and iterated what they have already stated their plans were for this year and beyond. A relaunch of B2C and a possible new launch of B2B this year.

LQMT has as usual stayed silent.

Would be nice to see an announcement for a high volume reoccurring order again. Could send LQMT up. Way up depending on the contract terms. I hope whatever the contract terms are, they will be better than the ones LQMT usually settles for.

My bet is on one present and one former executive who hold at least 1 million shares and I’m not talking about LL, regardless of how low the SP goes.

Will this be the year revenues increase consistently? Only the 2nd, 3D, and 4th Q’s will tell. I’ll be pleasantly surprised if the 1st Q tics up.

Good luck to all in LQMT.
Wish TC luck.
CEO, Tony Chung, painted a rosy picture for LQMT this year during his CC, for all in LQMT. Especially for outside shareholders, I hope his picture this time, is worth more than just a thousand words to make our shares worth more than just three, four, or five cents. So far his artwork is not worth much more than last year and it’s beginning to decline in value again.
Why am I not surprised?

[CantonG]

Our???....you back in Watts? HAHA!!

[chipboarder]

Absolutely! There are numerous reports that are ESTIMATING MARKET POTENTIAL but nothing I can find that provides actual sales. The only significant market area where there seems to be any large sales is the market for electrical transformer cores. This application offers unique electrical benefits ($ savings) and has been successful in Asia. North America and Europe have been slow to adopt.

This amorphous alloy is composed of iron, boron , silicon and phosphorus and is in the form of a thin film that is stacked to create a transformer core. This application will dominate any estimated sales figures whereas all the jewelery, car latches, watches etc are tiny by comparison.

[Jay21mc]

There are plenty of reports out there estimating the total market value, and they may be perfectly accurate, or they may be complete BS hoping some poor sucker that invested in a penny stock will pay for the report to get some inside info.....

Can you please elaborate on your DD that would get this to a ~$15 billion valuation on demand alone? Can you break down the gross sales of all the other non-publicly traded companies to show how they are lapping LQMT in this field? Can you help me understand why there are no other publicly traded companies to invest in if the only thing keeping us from $billions is just that LQMT management is intentionally inept?

To be clear, I am not defending management, and I am not happy with the lack of info they provide. However, I still choose to believe success is a very real possibility. Otherwise I would do what so many others here should and just MOVE ON.

[taggingalong]

The $15 can still be there and they don't have to be first... they can be 10 slots down with much less risk and still reach $15... The key is for a company like LQMT to still be around rather get too aggressive and then be easily snuffed out...

[chipboarder]

“Not an opinion” is an opinion until substantiated.

[Researchfyi]

Not an opinion.

[chipboarder]

Reference? Or just an unsupported opinion?

[Researchfyi]

It’s a fact, start doing some DD on amorphous metals and less on guessing what movano is doing. The $50 million dollar figure was low balling the actual amount in gross sales for the year 2023.

[chipboarder]

The $15 price target would be nice but a pipe dream….where did you come up with the $50 million annual sales of amorphous metal products? I can’t get even close to that big a number.

[iateclube]

I certainly agree with you on the success or failures of management. However not in the classic sense, because I don't know who this management is working for. or ultimately accountable to. I am pretty sure it is not the general shareholders here in the US. The enduring financials would seem to bear that out, yes? It sure seems to me those numbers suggest someone(s) is sitting on this enterprise. Sitting in silence. And far away.

[chipboarder]

Oura is a Finnish company and I would see them to be very protective of their technology and jobs so the “sell job” won’t be easy. I would also expect that they would be reluctant to trust China with the technology.

I see Oura embracing the amorphous approach…licensing the metal technology, purchasing several Engel machines and going “in-house” to meet their own needs.

We need to figure out how to be a large part of that transition.

[Researchfyi]

Its not 10Q delays keeping LQMT in the nickels.

Its the continuous mismanagement of operating a company with a new material by inept management while allowing other companies to earn a few schillings off of it’s IP due to it’s mistakes and failures to grow the company imo.

There may not be universal acceptance of Liquidmetal bulk metal glass etc., but there is enough demand out there right now for LQMT to be trading above $15.00 dollars a share today.

And that’s a fact.

LQMT’s future doesn’t depend on the distractions of a ring or a knife or a golf club or a 10Q delay.

LQMT’s future has always and will always be dependant on the success or failures of management.

I believe everyone understands that already and it is probably why all allow themselves to be distracted with all of the other bullshit.

Sorry to be so blunt.

Let’s be realistic here. Ask yourself is the potential for amorphous metals worth more than a nickel? I’m sure everyone believes it is.

If that is the case than it is obvious to me that the failures of management to effectively grow the material into sales are the main reasons for it’s failure and not the failures of others to demand the material. That too can be proven by the already existing competitors who eat up over 99% of the existing amorphous metals pie which is already over $50 million dollars in gross sales.

There is enough demand out there today to already rocket the share price of LQMT above $15 dollars a share. That demand is growing annually. So what is management's problem. What are the others doing that LQMT is not?

My opinions are always worth less than price of a LQMT share.

Good luck to all in LQMT.
Wish TC luck.
Transparency is long overdue. It may cost too much to release a PR. But it costs very little for an executive blog comment to update all shareholders. When was the last communication of executive commentary made on the LQMT executive blog? Anyone?
Wasn’t that the purpose of the blog as stated in a PR?

[chipboarder]

I spent years in Manufacturing Engineering so I always have an interest in manufacturing processes. I’ve been looking at the competitors to the EVIE Ring and determined that they all utilize titanium as their material and make their rings by subtractive machining ( fancy way of saying they start with titanium bar stock and machine away everything they don’t want). This is expensive and very wasteful as a process…..LQMT has a huge advantage in this area. This has to be a major opportunity for LQMT to jump in and capture the entire wearable ring market.

Oura recently announced that their to date sales are over a million units and Ring.com is also making progress. I’ll bet we don’t have an exclusive arrangement with EVIE since their technology is in the electronics . We have demo pieces to illustrate our capabilities and the efficiencies are compelling….I see an opportunity.

[Nerd Beautiful]

They’re not trying very hard right now. When they launched in November they seemed to think they might get FDA certification by Jan/Feb. now we know they’re working with the FDA on a few things including ultra high level security so personal health data is protected. FDA response is expected mid summer iirc. That’s when they would relaunch. If they get full approval and make a few improvements in the app they could go off the charts in sales. Don’t bet on it though. Manufacturing is hard and Oura is the standard; Evie won’t be "as good" as Oura in Oura’s wheelhouse for years, if ever. But if they get FDA that’ll be something Oura doesn’t have. It’ll be interesting to see how the market reacts. Bottom line: if the stars align Evie/Movano could go parabolic.

[Researchfyi]

A most profound and intuitive question.
It was repeated again on the Movano CC.

May 15, 2024, source CEO, John Mastrototaro, Movano.

“On the production side, we are enhancing our automation, tooling and assembly and test processes to increase yield and throughput as we prepare for re-launch. We are also in conversations with our key production partner to implement a turnkey solution which would further increase our efficiencies.”

Anyone anticipating the ring adding blood pressure to the ring for now can forget it.
As stated in a recent post it is years away. Their first endeavor in that area is focused on the development of a cuffles wrist prototype and then trials, also a couple of years away from fda approval.

[Researchfyi]

Regarding LQMT 10Q delay, Movano TOUCHÉ,

https://ir.movano.com/websites/movano/English/2030/us-sec-filing.html?shortDesc=Notification%20that%20Quarterly%20Report%20will%20be%20submitted%20late&secFilingId=5b13718b-4808-4825-a391-69dea596817c&format=convpdf

[Researchfyi]

Thank you for the update.

[chipboarder]

I would expect that MOVANO has an inventory of rings that were ordered in anticipation of a robust roll-out. I wouldn’t doubt that the original order was 25-30k so LQMT has billed much higher than 5k rings.

[fricassee]

Liquidmetal 10Q

https://liquidmetal.gcs-web.com/node/12026/html

[Monroe1]

At this point, any new account will move the needle up.

[thoand]

Would you happen to know the minimum order amount that Yihao Metal Technology will accept? I thought it was well above the estimated 5300 Evie rings sold. Thanks in advance.

[chipboarder]

Well MOVANO was a bit disappointing in their earnings release….slightly more than 5k.units shipped in Q1…. If they double each quarter they get all the way to 80k for the year it amounts to $20 million in revenue for them but probably something like $200k for LQMT. That will hardly move the needle.

Looks like we will need at least 10 of these to have real impact.

[Monroe1]

WattsWatt, thanks. I look for your input into the future for our amorphous metal alloys with great interest and anticipation. Would be quite something should a future amorphous metal alloy be used for the reactor core and with the combination of liquid metal to prevent neutron leakage. Who knows what changes we will see.
It's exciting to think of the possibilities especially as AI gets cranking. I know one thing for certain. I will certainly being buying the dips.

[Watts Watt]

Monroe, you, in particular, continue to fail to realize the difference between our bulk metallic glasses and other substances like the lithium bath mentioned hear for nuclear reactors and gallium type metals used as heat sinks for computer cpu's. When are you ever going to understand what our product is and what it is not. Try doing some research and thinking before shooting arrows into the sky and not where they land knowing not where. You seem oblivious to rudimentary facts.

[okpj]

The day cannot come soon enough for transparency to become normal in LQMT.

Not only would I be happy with $1. I would settle for 50 cents...

okpj

[Monroe1]

Yes, it would have been nice! The sheer number of future applications as the sciences are developed makes me want to always hold on to some of these shares.
No telling what AI is going to say about liquid metal/amorphous. The whole world is in transition due to rapid technology improvements and discoveries. At some point the company is bound to hit upon a big winner. The day cannot come soon enough for transparency to become normal in LQMT.

[chipboarder]

It would be nice to be a critical part of the fusion power development but this is a completely different application.
Liquid Metal vs LiquidMetal ….a world of difference.

[Monroe1]

No telling what the future will reveal as to amorphous metals.
https://focusfusion.org/liquid-metal-fusion-reactors/

[watcher777]

I'd much rather be a Liquidmetal Wolf than a Liquidmetal Sheep.

Pack of Wolves going Board to Board

[watcher777]

Liquidmetal does 🤪

"Nobody adds a mgf. facility to let it remain idle."

[bobroo]

I know there are harebrained ideas there but the point is there has been no press release from LQMT for the Movano rings.

Your Spidey senses should be tingling because something is wrong.

[chipboarder]

I’ve seen references (couldn’t find them if my life depended on it) of using 3D printed amorphous metals at the academic level. They incorporated Electron Beam (EB) technology to fuse the particles. I would question whether the fusion process destroys the amorphous structure as it crystallizes upon cooling.

[chipboarder]

Interesting list, some perhaps far fetched but good for discussion…..Lean toward a low royalty/licensing fee since I’ve already estimated the transfer price to Movano at $25-35 per ring and an appropriate royalty usually runs 3-6%. There is also an opportunity for some sort of “kickback” from Eontec/Yihou but don’t hold your breath.

[Researchfyi]

If it helps why not. At this point I would buy a Liquidmetal slinky that keeps on walking for 2 minutes like the bouncing ball after it reaches the last step.

Millions of children intrigued equals high volume and marketing exposure.

[Garyedward71]

What about using 3D printing to create the molds for lqmt injection. This would allow for some very intricate parts

[Researchfyi]

In all of LQMT’s 76 page design guide and in there discussion on comparing LQMT’s Technology to other technologies in manufacturing parts nowhere is amorphous metal 3D printing discussed. Nor do I see it in LQMT’s filed forms as an endeavor they pursued.

Not being an Engineer in this field and from comments read. The formula might have to be altered for a new patent. Also some have claimed 3D amorphous metal printing is not as strong as the process LQMT now uses.

LQMT itself states there are many reasons for using all of the current technologies available to manufacture a particular part.

This might give you a better idea of what LQMT is focused on….

https://www.liquidmetal.com/process-comparison

The design guide is more detailed.

On the other hand since LQMT is a contract company, they can negotiate a fee for a contract with a partner that does use 3D printing using the partners IP. It may not be profitable or advantageous to promote the IP of a potential competitor.

Not being a metallurgist it doesn’t answer your question. But I hope it helps.

[Researchfyi]

Wow, could you add an all of the above choice.

My difficulty is with the $$$ reported in the 4th quarter of around $127,000. I also cannot determine if that figure was based on 4000 rings or 12000 rings. But if and when Movano gets their act together we will always be guessing.

If it ever becomes a much larger $$$ number as part of a deal. I don’t think the terms will matter much. From what TC stated during the CC in terms of any and all contracts he was definitely not talking about millions in contracts this year. Just maybe breaking even.

I believe that’s the low bar set for the year. Imo, if he can’t reach down to meet that level. I see zero reason for anyone in the future to believe anything else he conjures up.

It’s why I mentioned in earlier posts the early twentieth century game of Kick the Can. To give other investors more insight of truly what has been going on, while executives spin there way year after year.

LQMT had a great opportunity to put together a great team of amorphous metal pioneers and blew it with Kang, imo.

If anyone thinks LQMT is with Apple, its because LQMT right now is hanging out on a limb and on this limb that LQMT is hanging out on there are no fruit.

Good luck to you.

[jtt]

Is LQMT viable for 3D printing?

[bobroo]

Skeptical opinions why LQMT has not made a press release for the Evie Ring (pick only one):

--The deal really is not with LQMT, it's with Eontec or Yihao.

--LQMTs end of the deal is for licensing and the amount is low. So low that management feels the value of additional treasury shares that might be sold by keeping it sorta shadowy will be of greater income than an official press release detailing that the LQMT fee per ring is...I dunno...a buck.

--TC has taken some pointers from Otis Buchannon on how to be an invisible shareholder relations person.

--Lugee Li can not be found. Even just to DHL some SEC compliancy paperwork for him to sign.

--The contract is with Eontec and might not have all the details as if it were done in the USA. Liquidmetal is just a catchy word used for branding.

--Movano is a sketchy company to begin with and they have a whole bunch of complicating issues.

--There is great fear of reprisal by Apple if they get vocal about all of this.

--Even management is confused whether this is a medical instrument or an electronic device. Unclear how to dance around the obvious, it's just plain easier to not write a press release at all and go back to taking a nap.



So many good choices....

[Researchfyi]

Be honest? You get that from Lugee too!

[Researchfyi]

It’s often said who the heck is selling? And of course those who hold shares in LQMT and have a belief in a possible positive outcome, (myself included,) often wonder why? Not that I would blame them given the history.

What I cannot understand given the same history is: Who the heck is buying. I would think, when LQMT hit the 0.03’s, that was a great time to buy.

But now! Who the heck is buying and why so few shares? Makes zero cents to me. One would think at today’s prices you could start a starting position of 250,000 shares with $15K or a 500,000 share position with $30K at .06 cents, no questions asked.

But this dribble just boggles my pea brain.

[Almosthere]

“I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT. I believe I nailed it correctly. This board has had it correct past and present from potential to expectations to hope to FOMO.”

I appreciate you saying this, but I don’t think it’s true that you keep your emotions out of your posts and only stick to facts.

It’s ok, but let’s be honest about our own posts.

[Researchfyi]

I know, it would be asking too much Heaven forbid.

Imagine transparency, accountability and integrity.

No way.

[bobroo]

Yeah sure thing Researchify, next thing ya' know you'll be wanting LQMT to acknowledging what ever the Evie Ring deal is ( or...is not) with a press release.

[Researchfyi]

How about shareholder integrity with the 10Q1.

Like updating shareholders as to when the new accounting firm can review the same data through software. It’s not rocket science.

Good luck to all in LQMT.
Wish TC luck.
“Houston, We've Had a Problem.”
Jack Swigert Apollo 13.

[bobroo]

It took so long to arrive they gave us a refund so it’s essentially a free ring.

Sounds like Movano has integrity!!!

Thank you for the feedback, we all here appreciate it.

[Nerd Beautiful]

My partner has one. It took so long to arrive they gave us a refund so it’s essentially a free ring. Ordered Nov 23 arrived late April 24. She likes it! Sometimes it records her as "sleeping" when she was just sitting up in bed reading. It also records more steps than Apple devices (phone and watch). The app graphics oddly cut off on the side of the phone screen. The app isn’t super intuitive to navigate. All of that said, she likes it. She has the silver color and it’s beautiful. She doesn’t take it off to work in the yard and it hasn’t scratched or anything beyond the most superficial and tiny scuffs that any ring of any metal will get. Nothing deep or alarming. The polish is attractive. Bottom line she thinks it’s a great rev 1, intends to wear it indefinitely, recommends it to others, and enjoys the experience. Plus no monthly fee. Would have been worth the original price in our eyes. (But definitely nowhere near as refined a Oura, not yet.)