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Another week passes and LQMT is up 1% from 0.06935 cents to 0.07 cents. Again on one of the weakest weekly trading volumes.
Other than the above and an anemic quarterly report disappointing at best. LQMT has headed lower as anticipated by investors looking at this debacle realistically.
Good luck to all in LQMT.
Wish TC luck.
You are underestimating it’s value.
One imagines the Irish fastener catalogue looking for a hot item to push on the continent, and has an order for a dozen BMG rivets just waiting for the patent and behold, it is off to the races. Marketing genius. We are almost there.
Very interesting .One of LQMT many applications. At that point, Just a matter of Time and Due Diligence .
This is a BIG deal for LQMT USA!
About those rivets, read on….
https://investors hub.advfn.com/boards/read_msg.aspx?message_id=136830842
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154146546
Was anyone listening? Hmmmmmm?
As always my opinions are always worth less than the price of LQMT.
I’m sure I’m not the only outside shareholder who thought about rivets.
I’ve heard that before!
It’s great that is something … but in what place would these be more practical than our conventional rivets? Seems like the would be a pain to remove as opposed to what’s out there now and the increased cost doesn’t seem to be a benefit.
Worth repeating ... works as a description of what I have come to believe is an unsloved mystery....
___________________________________________________________
Gee how come LQMT USA is excluded from large contracts? Hmmm? Li invests in LQMT IP. Li invests in LQMT USA. Li takes control of LQMT USA. Li’s companies in China earns revenues off of the bought and paid for LQMT USA IP. Li shuts down LQMT USA domestic operations. China earns revenues from China and now any LQMT USA manufacturing orders however small or large. So far minuscule. Why? Conflict of interest? CCP? Incompetence? Almost zero R&D? Material too expensive? All of the above? What happened to the hundreds of prototypes? Who knows.
LQMT is a "Cult" stock! IMHO - Tomcat
Agreed. It is past due for a diaper changing. I will be pushing LQMT out of the nest by the years end.
Watts,
The rivet patent gives us longs hope!
I wish for us beleaguered longs to not have to first endure the realization of that .03 predicted years ago, via a Hanging "Dead Man" technical trading pattern!
Tomcat
Common LQMT you can get back over 0.07’s.
Watts is excited!!!
I have to commend Dr Stevick on this patent. It has the potential for so many applications. I am thinking in terms of high volumes for automotive and aerospace. Ingenious thinking, Stevick!
Please provide links for your three facts.
Thanx in advance.
Posted by
u/GameSC1
8 hours ago
New application (divisional)…hadn’t had one in a while
https://www.freepatentsonline.com/y2022/0364588.html
https://www.freepatentsonline.com/20220364588.pdf
All,
LQMT: (1) Stinks, (2) is Boring, and (3) it is tax loss selling season!
3 Strikes against the share price & explains the downtrend!
IMHO - Tomcat
I guess everyone is in the red today! I guess serious investors just don’t know when to buy. Just like the older long term investors. Seriously! Should have waited. Should have taken their own advice. But oooooh noooooo. Serious investors they know better and they get messages from Li. Because my friend Li, only messages serious investors.
Talk about someone laughing their ass off! Seriously!
And those thoughts too, are backed up by every dot, dash and copy and waste theory article posted as well as the income claims abroad in China and from other sources around the www.
Gee how come LQMT USA is excluded from large contracts? Hmmm? Li invests in LQMT IP. Li invests in LQMT USA. Li takes control of LQMT USA. Li’s companies in China earns revenues off of the bought and paid for LQMT USA IP. Li shuts down LQMT USA domestic operations. China earns revenues from China and now any LQMT USA manufacturing orders however small or large. So far minuscule. Why? Conflict of interest? CCP? Incompetence? Almost zero R&D? Material too expensive? All of the above? What happened to the hundreds of prototypes? Who knows.
“Even their desire not to update shareholders other than what they claim to be legally obligated to do under the law in their 10Q’s shouts a hostile attitude towards shareholders IMHO.”
Definitely shouts out to anyone not in LQMT to stay away,IMHO. And from what I can see from the daily volumes trading for years now…it’s working.
Apparently not much in both cases.
Thank you very much for the compliment. Coming from you, it means a lot. I once thought you were too critical of LQMT, years back. Keeping an open mind allowed me to see how spot on your views are and your doubts have been validated unfortunately, with each and every filed sec document every quarter, every year by LQMT.
Hope and FOMO are not recipes for failure or success. They are just recipes for hanging on. So right you are.
Good luck to you.
It was all offshored, the CCP got what they needed. Maybe the Feds will help fund it now in China much like the biolabs where COVID originated.
You suggest:
My posts however imperfect try to set the record straight about hype and misleading statements about a stock I have an interest in.
__________________________________________________________
And, you do a damm fine job at that mission. Your long term dedication at trying to unravel this mystery exceeds all those who have come before and after. One of my secondary HOPES for this "adventure" is to finally understand what these folks at LQMT have or had in mind as they jerked us around for all these years.
Our compatriot Gorgol passed on hopefully profitting but probably not knowing what this company has been all about .... I'm sure none of us want to pass on in the dark as well. Maybe it is simply that the material just is not as good as originally forecast but that would make a lot of smart people look like total fools. That is about too much for me to swallow at this point.
Let's hope that this dam breaks one way or the other before long.
I suppose the only thing we can say is that it is nice "work" if you can get it .... well, maybe not the only thing = why would the hard working Li consent to such an agreement ????????
Mr Mahamedi is solely a real estate professional. He makes money buying and selling and leasing properties. He is being retained as a professional consultant in case they have to sell the Valencia property.
He has been behind every real estate transaction at LQMT since the company moved its headquarters from Tampa Florida and round and round in the Lake Forest region of California. He has been handsomely rewarded for doing nothing, especially while he was chairman of the board of LQMT. Basically a New YAWKER Sephardic Playboy (all over the Society pages) from Iran and friend of the exiled Pahlavi's descended from the former Shah of Iran. In terms of contributions to LQMT, purely a grifter who uses LQMT as a Tax write=off.
Ramp,
LQMT is a "Cult" stock!
IMHO - Tomcat
Another excellent point of view.
Cannot disagree with your points of view as they are all valid.
I do own shares in Apple by the way. LQMT is the only penny stock in my portfolio. Against my advisers wishes over 20 years ago.
My posts however imperfect try to set the record straight about hype and misleading statements about a stock I have an interest in.
I don’t know much about penny stocks. But I am amazed this one has managed to stay afloat for two decades now.
I’m very curious about the options given to the executives who have left and why this stock has not folded. At times they show signs of life. Most of the time no signs of life. They file their 10Q’s and 10K’s and not much else.
Their silence seems to be predicated around their stated NDA’s. Thus the possibility of hope is built around these NDA’s. The other hopes are built around the insiders ownership of shares to control the company. This control has created much controversy as to intent.
While there are unverifiable claims of some selling success of LQMT’s IP in amorphous metal abroad. The feeling or hope is LQMT may one day be successful too.
I share those inclinations of success. Even if the possibility of it right now appears to be very remote.
This may not be the answer you are looking for. But it would be nice to see this stock have a happy ending.
Good luck to you.
It is greed by way of FOMO ... simple as that ..... lots of secondary reasons why and why not. They have all been listed and debated here and it is indeed a kicking a dead horse exercise.
All in all it keeps us engaged in what was once viewed as a prime time opportunity. Personally, it has verified that the emotion of HOPE is a very strong catalyst and serves as an opiod of the masses. I'm dying to sell off a chunk of shares and do as you say ... invest in something that is more stable and successful.
Poop Deck expresses it well when he indicates he is LQMT free for 6 years.
By the way buying 429,000 shares is also diddly squat. So are the volumes when they trade under ten million shares. $30,000 is chump change to a serious investor who want to roll the dice.
Or perhaps that was a serious investor adding to a position.
Either way the LQMT trading volumes are still anemic. Interest is anemic and so to is the liquidity to interest any new serious investor.
As always my opinions are always worth less than the price of LQMT stock.
To settle it. Li added squat! This Yr. or last Yr.
Good Question! Let's see.!
So will LQMT move to Grays since Li failed to notify shareholders and SEC?
All this is showing is his options to purchase more. It’s nothing.
SEC Form 4 Requirements
According to SecForm4.com the last option activity within the last 10 years occurred on 11-15-2018.
https://www.secform4.com/insider-trading/1141240.htm
And in accordance with SEC filing requirements, the form must be submitted within 2 business days of the transaction.
https://www.sec.gov/files/forms-3-4-5.pdf
Where is the SEC filing for the purchase on Sept 22nd?
I would not be surprised if this is the reason TC sent out his heads up a year or so ago ,,,,,, I suspect he was trying to say that Mahamedi was going to save the day given that TC had a lot of tee times scheduled for 2022 ..
The Company entered into a Consulting Agreement, dated May 10, 2022, with Rosewood LLC pursuant to which Mr. Mahamedi as the owner of Rosewood LLC will assess and present business opportunities for the licensing and sublicensing of the Company’s technology. Mr. Mahamedi will also provide business development services and perform other special projects as requested by the Company.[url][/url][tag]insert-text-here[/tag]
Some things did seem to occur at the end of September past (2022). I'm not astute enough to determine how Mr. Abdi will benefit from his new deal with LQMT but I suspect it is safe to say that we shareholders are not going to experience any excitement any time soon .....
18. Related Party Transactions
On March 10, 2016, the Company entered into a Securities Purchase Agreement (the “2016 Purchase Agreement”) with Liquidmetal Technology Limited, a Hong Kong company (the “Investor”), which is controlled by the Company’s Chairman, Professor Li. The 2016 Purchase Agreement provided for the purchase by the Investor of a total of 405,000,000 shares of the Company’s common stock for an aggregate purchase price of $63,400. In relation to the foregoing investment, the Company issued to the Investor a warrant to acquire 10,066,809 shares of common stock at an exercise price of $0.07 per share. The warrant will expire on the tenth anniversary of its issuance date.
On March 20, 2016, in connection with the 2016 Purchase Agreement, the Company and Eontec, entered into a cross-license agreement to share their respective technologies. Eontec is a publicly held Hong Kong corporation of which Professor Li is the Chairman and major shareholder. Eontec is also an affiliate of Yihao. Yihao is currently the Company’s primary outsourced manufacturer. As of September 30, 2022, Professor Li is a greater-than 5% beneficial owner of the Company and serves as the Company’s Chairman. Equipment and services procured from Eontec, and their affiliates, were $10 and $165 during the three and nine months ended September 30, 2022, respectively. Equipment and services procured from Eontec, and their affiliates, were $136 and $409 during the three and nine months ended September 30, 2021, respectively.
On May 10, 2022, Mr. Abdi Mahamedi resigned as a director of the Company. Mr. Mahamedi did not resign because of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. In connection with Mr. Mahamedi’s resignation, the Board of Directors of the Company approved an amendment to Mr. Mahamedi’s previously granted options to purchase an aggregate of 1,870,000 shares of Company common stock to provide for the extension of the exercise period of the options through May 10, 2025.
Upon Mr. Mahamedi’s resignation as a director, the Company entered into a Consulting Agreement, dated May 10, 2022, with Rosewood LLC pursuant to which Mr. Mahamedi as the owner of Rosewood LLC will assess and present business opportunities for the licensing and sublicensing of the Company’s technology. Mr. Mahamedi will also provide business development services and perform other special projects as requested by the Company. The Consulting Agreement has a term of 5 years, subject to the right of the Company or Mr. Mahamedi to terminate the agreement at any time after December 1, 2022 and subject to certain other early-termination rights. As sole consideration for the Consulting Agreement, the Company granted to Mr. Mahamedi an option to purchase up to 2.0 million shares of Company common stock at an exercise price of the closing market price of the Company’s common stock on May 10, 2022 that will vest 33% on the first anniversary of the grant date and the remainder vesting monthly over the ensuing two years, provided that Mr. Mahamedi continues to be engaged as a consultant on each such vesting date. The options have a term of 5 years.
Evaluation of Disclosure Controls and Procedures.
Under the supervision and with the participation of our management, including our Chief Executive Officer (our Principal Executive Officer and Principal Financial Officer), we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of September 30, 2022. Based on their evaluation, our Chief Executive Officer has concluded that our disclosure controls and procedures were effective as of September 30, 2022.
Changes in Internal Control over Financial Reporting.
There were no changes in our internal control over financial reporting (as that term is defined in Rules 13a-15(f) or 15d-15(f) under the Exchange Act) during the quarter ended September 30, 2022 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Go to Stocktwits LQMT chatroom
https://stocktwits.com/r/LQMT_STOCK/stream
now featuring Alfred E. Newman picture.......
How did you come to the conclusion that there was some sort of option exercised by Mr. Li in September ?
Thanks !
Richard Stevens can you please clarify where you see (or saw) that Lugee Li exercised his options / warrants for 10 million + shares on September 22...and if so...why wasn't it reported through normal channels?
Any info you can shed would be appreciated.
Hmmm:
Someone just purchased 429,000 shares at .071....but the tape doesn't reflect that.
Don't let them take your shares......the bogus e-mail some received this morning about short-interest in LQMT increasing.....
is just some MM trying to scare you out of your shares.
Stay long, stay strong.
Hmmm:
Someone just purchased 429,000 shares at .071....but the tape doesn't reflect that.
Don't let them take your shares......the bogus e-mail some received this morning about short-interest in LQMT increasing.....
is just some MM trying to scare you out of your shares.
Stay long, stay strong.
Lugee Li exercised options or warranted to purchase 10 million + shares on September 22, 2022.
This has to mean something positive.
https://www.sec.gov/Archives/edgar/data/1668760/000114036116084667/xslF345X03/doc1.xml
See Richard Stevens numerous posts on Stocktwits:
From what I can gather it was a option or warrant(???) to purchase 10+Million shares at .07 between 11/3/2016 and November 2026...and this was exercised on September 2022.
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Liquidmetal® Technologies (ISO 9001:2008 certified) is a leading force in the research, development and commercialization of amorphous metals. Our revolutionary class of patented alloys and processes form the basis of high performance materials in a broad range of medical, military, consumer, industrial, and sporting goods products.
Discovered by researchers at the California Institute of Technology, Liquidmetal alloys’ unique atomic structure enables applications to achieve performance and accuracy levels that have not been possible before. The revolutionary class of patented materials technology redefine performance and design paradigms institutionalized by traditional materials.
As Liquidmetal Technologies controls the intellectual property rights with more than 70 U.S. patents, these high performance materials are dramatically changing the way companies develop new products.
LINKS
Featured: Automotive Pressure Sensors, 9.36 billion market by 2020
1. LiquidMetal Website
2. LiquidMetal Manufacturing Facility
3. OTC Market Report
4. Engel Liquidmetal Forum (Nov 2015)
5. ENGEL Symposium 2015
6. ENGEL Interview on Liquidmetal
PATENTS (USPTO)
1. Search Crucible Intellectual (Apple and LiquidMetal R&D)
2. Search Apple and LiquidMetal
3. Search Cross-license Patents w/Eontec
4. Search Vitreloy
5. Search Pre-grant Patents
VIDEOS
1. OMEGA Liquidmetal Bezel
2. ENGEL e-motion 110T
3. Liquidmetal Bouncing Ball
CORPORATE GOVERNANCE - BOARD OF DIRECTORS
Professor Lugee Li, Chairman
Professor Li was appointed as a member of our board of directors in March 2016 and became Chairman of our board of directors in October 2016. Professor Li is the founder, Chairman, and majority stockholder of DongGuan Eontec Co. Ltd., a Hong Kong company listed on the Shenzen Stock Exchange engaged in the production of precision die-cast products and the research and development of new materials. Professor Li founded Eontec in 1993 and has served as Chairman since that date. At Eontec, Professor Li is responsible for strategic development and research and development. Professor Li is also the founder and sole shareholder of Leader Biomedical Limited, a Hong Kong company engaged in the supply of biomaterials and surgical implants. Professor Li serves as an analyst for the Institute of Metal Research at the Chinese Academy of Sciences and serves part-time as a professor at several universities in China.
Abdi Mahamedi, Vice Chairman
Abdi Mahamedi has served on our board of directors since May 2009 and became Vice-Chairman of our board of directors in October 2016. Since 1987, Mr. Mahamedi has served as the President and Chief Executive Officer of Carlyle Development Group of Companies (“CDG”), which develops and manages residential and commercial properties in the United States on behalf of investors worldwide. At CDG, Mr. Mahamedi evaluates and supervises all of the investment activities and management personnel. Prior to joining CDG, Mr. Mahamedi founded Emanuel Land Company, a subsidiary of Emanuel & Company, a Wall Street investment banking firm, and served as a managing director for Emanuel Land Company from 1986 to 1987. In 1983, Mr. Mahamedi received his B.S.E. degree in Civil and Structural Engineering from the University of Pennsylvania, and in 1984 he received his M.S.E. degree in Civil and Structural Engineering from the University of Pennsylvania.
Isaac Bresnick
Currently serves as Legal and Regulatory Affairs Director for the Leader Biomedical Group, a private company based in Hong Kong and operating from Amsterdam, the Netherlands, and has served in that role since October 2014. At Leader Biomedical, Mr. Bresnick is responsible for the direction and management of legal affairs, regulatory affairs, quality control, and quality assurance, as well as for advising executive management of Group companies. Mr. Bresnick also currently serves as Director of AAP Joints GmbH, a private company in Berlin, Germany, and has served in that role since July 2013. Mr. Bresnick received his J.D. from the University of Connecticut School of Law in 2013, and his B.S. in Industrial Design from the University of Bridgeport in 2008. After completion of his undergraduate studies and continuing through his enrollment at UCONN Law, Mr. Bresnick worked as Senior Arrangements Designer for Electric Boat Corporation, a subsidiary of General Dynamics, from June 2008 to December 2012.
Vincent Carrubba
An experienced corporate leader and serial entrepreneur with extensive senior executive, technical and manufacturing experience. Mr. Carrubba has created and guided new products to success in the consumer goods, electronics, automotive and construction industries and has conceptualized, financed and built factories and developed new manufacturing technologies throughout Asia. From September 2014 through the present, Mr. Carrubba has served as the CEO of Admiral Composite Technologies Inc. (“Admiral”), where he has developed new technologies for environmentally responsible and innovative building materials which represent Admiral’s product lines. Mr. Carrubba has also served as Admiral’s Chairman since its inception in 2009. From September 2014 through the present, Mr. Carrubba has served as the CEO of Asia Sourcing & Communications USA Inc. and he has served as its Chairman since its inception in 2013. From 2002 through August 2014, Mr. Carrubba served as the Director of R&D for Interdynamics Inc., IDQ Holdings, where he was responsible for all R&D and QC matters, including the management of engineering, legal, patenting, regulatory, insurance and consumer relations matters. From 1989 through 1992, Mr. Carrubba designed and installed the New York Stock Exchange telecommunications and information technology systems. Mr. Carrubba has held engineering and executive positions with Xerox, General Electric, Bristol-Meyers Squibb and AT&T and he is the inventor of several patents related to telecommunications, professional tools and consumer products. Mr. Carrubba received a Bachelor of Arts degree in Engineering Science and a Bachelor of Science Degree in Mechanical Engineering from Columbia University SEAS in 1982.
Tony Chung
Mr. Chung was appointed to our board of directors in August 2017. Mr. Chung had previously served as the Company’s Chief Financial Officer from December 2008. Prior to joining the Company, Mr. Chung served as CFO at BETEK Corporation, a real estate and investment subsidiary of SK Engineering and Construction, and as CFO of Solarcity, a company providing advanced solar technology and installation services. Mr. Chung is a Certified Public Accountant and served eight years at KPMG as an Audit and Consulting Manager for several large multinational companies. He received his B.S. degree in Business Administration from the University of California, Berkeley. Mr. Chung is also an Attorney at Law and received his J.D. degree from Pacific Coast University School of Law.
Reporting Status | U.S. Reporting: SEC Reporting |
Audited Financials | Audited |
Latest Report | August 4, 2020 10Q |
CIK | 0001141240 |
Fiscal Year End | 12/31 |
OTC Marketplace | OTCQB |
Market Value1 | $129,851,894 | a/o Sep 24, 2020 | |
Authorized Shares | 1,100,000,000 | a/o Dec 31, 2016 | |
Outstanding Shares | 914,449,957 | a/o Sep 24, 2020 | |
-Restricted | Not Available | ||
-Unrestricted | Not Available | ||
Held at DTC | Not Available | ||
Float | 487,690,350 | a/o Dec 31, 2017 | |
Par Value | No Par Value |
Shareholders of Record | 217 | a/o Dec 31, 2017 |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |