Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What could have changed? Well I hope what changed is that the military applications of BMG require US manufacturing and there is now a pending order to fill when that happens. As you astutely point out, this is an old story of new partners that get us nowhere. I give it a ten percent probability. Maybe.
.
This is the part of LQMT’s no guarantee when they put out a CC or PR. ““We are extremely excited”
I can’t count the times they put out that phrase in a blog or PR. It means nothing. It has equated to nothing. The capacity in China sits idle. And no details of where this new manufacturing capacity takes place or what specific volumes can they produce.
As TC states in the same breath “getting closer “ is not too reassuring. It a nice sound bite. But just like the trading volumes and the stock price it means zilch, nothing, nada.
When I see the big 8K, then and only then will those nice sound bites mean something. Over the years. There are just too many beautiful sound bites that have come out of the mouths of LQMT executives resulting in the stock trading where it is today that tells me not to give those rose painted outlooks anymore credibility.
It’s an endless loop. I would be much more appreciative if they told everyone “ how far they really were.”
The year before in 2023, TC stated LQMT did not need a domestic manufacturing partner to increase manufacturing. What changed?
One can not know for sure. One can only hope LQMT has in its sights one or two new customers ripe for a deal soon. Soon meaning sometime this year. Perhaps they were warned that there could be a problem with China. I hate to speculate. But adding domestic manufacturing is a good thing for this company. It reassures better delivery and makes the company more attractive to do business with.
All want LQMT to succeed. All want integrity.
I agree with you 100%. I just want to say the same point of your view applies to anyone even if it only represents 5% of their investment savings.
Good luck to you.
Know what’s funny about me holding this stock for 10+ years with nearly all of my investment savings?nothing
The products can be made here I believe. "LAKE FOREST, Calif.--(BUSINESS WIRE)--Mar. 19, 2024-- Liquidmetal® Technologies, Inc. (OTCQB: LQMT), On March 15, 2024, Liquidmetal Technologies Inc. (the “Company”) entered into an Amended License Agreement to expand its existing agreement with Amorphology, Inc., a developer and producer of specialized BMG applications based in Pasadena, CA.
The Amended License Agreement grants Amorphology a non-exclusive royalty bearing license to utilize the Company’s technology to manufacture and sell amorphous metal parts and components.
“Amorphology looks forward to its enhanced and optimized partnership with Liquidmetal Technologies, bringing deep materials science and amorphous metals expertise, high precision manufacturing capabilities, and a domestic US production facility, to meet increased demand in the aerospace, defense, medical device, and robotics industries. This optimized partnership will enable both companies to gain greater market traction and allow for more widescale adoption of amorphous metal technology,” said Glenn Garrett, Amorphology CTO.
“We are extremely excited about having Amorphology as our global partner in advancing amorphous alloy technology. Not only will the Company be able to take advantage of a new revenue stream, but the partnership will allow us to have a local, US manufacturing source to pursue applications that would otherwise be prohibited due to customers requiring US manufacturing as well as legal and/or geo-political restrictions. This gets us one step closer to having our technology be adopted on a mass scale,” said Tony Chung, CEO for the Company.
Imo, the use of Liquidmetal in a dental product was a success. The failure was with Zyris products to succeed and expand. No cost comparisons were ever published by LQMT. No updates as to why Zyris stopped expanding the use of Liquidmetal. Whether Liquidmetal was beneficial or not or whether the costs of the new material outweighed the benefits of it’s use.
It’s a huge problem when contracting with companies who may not have the financial means to incorporate a more costlier material. Another huge problem imo, is relying on a company abroad to fulfill any customer contract orders. In this case if the government of China shuts down the amorphous metal industry for a specific customer then LQMT could be in serious trouble along with the value of all who roll the dice.
The move to manufacture in China from the USA is just as important a factor for a company to do business with LQMT. Just as waiting for a high volume order to be filled. There are no back up manufacturers in this case. This makes it imo, more difficult to obtain contracts. You can ink a deal but there is no control to fulfill it.
Another reason why deep pockets avoid doing business imo.
I think the same scenario played out with the ring. But now with financing there is a possibility for that company to grow and orders increase. The success is now like Zyris, it’s up to movano to succeed.
Cowboy up. I like riding those bombs myself.
It could be a metaphor for riding the truth to the end...where ever that may be.
Where there is truth there is light. Some sunshine is reflecting off the liquid metal
a bit more. I see more than a few rays of hope because after all, this liquid metal
makes for better mouse traps.
"The Isolite 3 also incorporates Liquidmetal into the product design, making the device lighter, yet stronger than previous versions."
That is Hilarious.... You are now trying to tell the Board that before you invested you got the advice or a 'heads up' from 4 different Financial Advisors and you invested a decade or two ago when they had zero revenues quarter to quarter and year to year ..... Well spent money since it has kept you here for 10 or 15 years doing your Weekly Saga's every week. Hilarious Playbook type stuff....
You are correct Boilingman.... I can agree with you but not with them due to their underlying motives ...which are very obvious...
Collateral damage not from the ccp. Collateral damage from failed management since inception. If I knew then, what I know now, I should have listened to four financial advisors from four large brokerage firms to stay away. It’s not that they knew anything specific or even heard of LQMT. They would rather see me buy a thirty dollar stock go to a hundred dollars or more then roll the dice on any penny stock.
LL is just another failed member of the management team of LQMT’s history until he is not. Hopefully with the few that are left. The ceo bat-ton doesn’t get passed on to the floor sweeper.
Good luck to all in LQMT.
Wish TC luck.
One controlling shareholder beholden to the CCP. The antithesis of a publicly help US company. We are the collateral damage.
While I'm in your camp of wanting to stay positive about our investment here (and am continually annoyed by ReseachFYI's ad nauseum weekly posts as are you)...it's ironic and funny....because you're essentially doing the same thing he / she is with your own brand of the positive weekly rebuttal about the trials and tribulations of bringing a new technology / product to market. For all I know you are two guys in the same room, typing on the same computer, playing the "good cop / bad cop" game for everyone's amusement in this chatroom. And having a big laugh at the boards expense.
Bottom Line: the company has not produced anything to enhance shareholder value in 8 years since Li took over...or in the 12 years I've been a stockholder.
The latest stock purchase by the CEO and his enthusiastic CC—not to mention the options granted to the two other employees—seems to suggest something great is near...like a real contract and real revenue.
Frankly: I'm not holding my breath.
It seems you would spend your time doing the 'Weekly Saga's' on those entities who already had consistent revenues and/or earnings so they would actually mean something.... Your weekly updates are like a beginning stock investor who has never made money in the stock market talking about the same points over and over again and also knowing that your basis of conversation and comparison is trying your very best to make companies like LQMT look really, really bad by pretending in your weekly Saga's that they should be showing consistent revenues and earnings like thousands of others who have already crossed that barrier of consistent revenues and earnings (which probably 75% went through the same process that LQMT is going through and the greater the innovations of products and services of the company the greater the certainty they followed the same / similar path and length of time to consistent revenues and profits etc.... So you should also explain each week what the purpose of the 15 pages of nonsense is supposed to achieve..... It is like a first time poker player coming to his first night of poker ever in Las Vegas and issuing a 15 page document to each player at the table about How to Play Poker.... Investing in New Innovations can be risky but if you use some basic logic ....... one nice find can bring you 100x the returns of those companies that have already went through their trial and error stages and retrun the traditional 10% per year etc ...... And again with new innovations the trial and error, snafu's, delays etc oftentimes has a lot to do with the Early Adopters you are forced to work with during the early stages... and of course it is definitely relative to how large the market potential is and the bigger the market potential the more decades it takes to start landing the huge Whale Orders ....... So you have been asked numerous times to explain why you keep bringing these ridiculous weekly saga's to this Board but you have never answered that Question. So imagine the same Poker Player going to Vegas Poker Tables every week and has never won but year after year he keeps bringing the same 15 page meaningless report and handing it out to everyone ..... What is the purpose.. Please tell us....
Spoiler alert:
A funny part of LQMTs not so distant past is Yihao and their 200,000 sq ft production facility jammed full of BMG processing machines— all for cooperative use of LQMT orders!
Wait there’s more! All these machines have an incredible 16 cavity molds!
The future never looked so bright. We’ll refresh everyones memory in a future post.
Spoiler alert:
A funny part of LQMTs not so distant past is Yihao and their 200,000 sq ft production facility jammed full of BMG processing machines— all for cooperative use of LQMT orders!
Wait there’s more! All these machines have an incredible 16 cavity molds!
The future never looked so bright. We’ll refresh everyones memory in a future post.
Another week passes and LQMT’s share price is down 1.9% from 0.0632 cents to 0.062 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
LQMT is now into its 28th consecutive month without a new contract announcement for the order of parts.
Thus liquidity in LQMT daily, remains low and is a sign to new investors stay away its a very high risk. This is not a one off. It has been going on for a very long time . Guess there are investors and dice rollers that are willing to pay a higher price, when they can see more certainty and less speculation.
For others, decades or just years of speculation, theories, hype and expectations are enough to justify buying more shares or to just average down their buy price. Still for others it’s FOMO.
The decades failures of LQMT not fulfilling their own expectations and theories on how to pursue their endeavors to succeed are very disappointing to say the least and are factually expressed in many, many posts by those bullish or bearish around the www.
The past and present of LQMT can be expressed in facts. The future only with uncertainty. I’m not talking about the failures or successes of any amorphous metal alloy. The focus is on LQMT. Imo, anyone invested or investing in LQMT regardless of the failures behind us up to this present day, wants to see LQMT succeed , even though the road ahead is filled with uncertainty and absolutely not one guarantee from LQMT itself to succeed, as stated in their 10K.
Share price is holding in the low pennies. In the 0.06’s right now. Future potential although weak, seems to be the catalyst along with an insider purchase and new stock options for holding the pps up above 0.04 cents.
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 and every day, LQMT’s trading data are reminders of that fact.
There is potential for a contract announcement to correct the southerly direction LQMT has been heading for the past seven years.
There doesn’t seem to be much enthusiasm for the upcoming 10Q1. Just like the recent 10K.
As stated before: There is a real potential and real probability for the stock to head south to the 0.03’s and then the 0.02’s. Not something anyone would want or like to see happen. A positive PR, can change that outcome or another insider purchase.
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.
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, five or six cents.
Wow, the pack of wolves is trying to drum up some bombshells to create sellers... Funny stuff that it is a 24/7 job for the wolves. They must know about some big price increases ahead...
And, even more significant is that TS gave away the only profitable segment, the LQMT coatings business, to John Kang and Ricardo Salas. Talk about gross stupidity and incompetence. This on top of selling out our technology to our country's most serious enemy, the communist party of China.
It’s too bad they can’t collect a single penny from that expansion where sales are in the millions according to LL.
We can thank former CEO TS and anyone else from LQMT for signing on to that debacle guaranteeing zero $$$ back in 2016.
You could add this one from BB back in 2018…
“During 2018, we validated our first multi-cavity production molds for our amorphous and metal injection molding operations, resulting in production orders,” said Bruce Bromage, the Company’s Chief Operating Officer. “In addition, we have recently received our first amorphous production tooling order for a higher volume medical device application with validation and acceptance protocols in process. We are also working with our customer to develop the next generation of this application, demonstrating their commitment to our technology and to Liquidmetal as a trusted supplier. We are focused on bringing more applications into our production pipeline.”
Dr. Bromage continued, “Our building power upgrade is near completion, allowing us to further expand our manufacturing footprint.“
The answer to yesterdays Pop Quiz:
"This has resulted in securing our first orders for recurring, volume, deliveries of functional parts utilizing our technology. Monthly shipments began in July and will result in regular supply into a targeted market, along with providing market participants with needed benchmarks on the advantages of our technology."
Martin Guitar Pins
Boy oh boy! Re-read that quote again from Bryce Van in 2020. Sounds wonderful doesn't it? Sounds like LQMT was finally take us to the Holy Land, no? And this was laid out in perfect LQMT fashion, Two sentences buried in a press release--just hidden enough to stroke the egos of LQMT investors like they have stumbled on something secret, something the mainstream investing community had not yet found out about....it would finally be their chance to cash-in.
As a product, I would classify the guitar pins as a success. In that, it was in-fact a product that actually made it to market. The price for 6 of them was about $300 retail. There are many, many other products that caught the imagination of investors but fell flat just turning out to be a rumor or an idea, only to be replaced with a different wild goose chase. Again, this quote from a LQMT press release was made just under 4 years ago--you'd think it'd stick out in everyones memory.
On the other hand, the guitar pins just turned out to be a gimmick that didn't work. It's fair to say the guitar playing community gave a thumbs down to BMG guitar pins and I'm sure it is not because of price, it's simply that they do not produce better sound. From a LQMT investor prospective, guitar pins were a failure. They did not produce the revenues we all hoped for. They did not inspire sales from other whales. And in no way did they add to the bottom line in any significant way. As a matter of fact their revenues went unnoticed.
The movie is Downfall.
There must have been some pirate software that allowed you to fill in your own subtitles to a key scene of the film. I had seen it done to a couple other things, but never as good as LQMT, it was absolutely perfect. The harshness of the German language, the anger and frustration of the scene, the worried and uncomfortable assembled generals—- just like an old and grey conspiracy believing LQMT shareholder completely losing his shit.
When you talked about a WWII movie, I immediately jumped to Dr Strangelove with Peter Sellers and Slim Pickens. I see me on that bomb riding it to oblivion. It could be a metaphor for riding LQMT into the dirt!
I stand corrected about a dental product, I apologize. Chalk up a “successful” product for LQMT.
Todays quiz answer is also a “successful” LQMT product.
Always thought the 2020 10Q2 was about Zyris. Guess I’m wrong.
Small edit. After Tesla hing but before Oppo/ iPhone crazyness….add LG phones!
Real beauties, the LG Wing and their intentional curved phone which the name escapes me. Most notably though the LG Wing, iHubbers were crazy with excitement for LG being another whale that was going to be a part of the LQMT customer base.
The LG rumors all came for that same familiar source.
LG ceased production of all cell phones in 2021.
No, not Zyris! I don’t believe that BMG dental parts ever became a product.
Over time rumored dental products have come and gone on no less than two separate occasions.
The most notable IMO was during the parody video of that overdubbed scene of a famous WWII movie when the main character at the end is angry, bitter, frustrated; and then finally realizing all hope is lost says “At least we’ll have dental”
This video has long been taken down from Vimeo and you have to speak about in code on this board otherwise the Mods go crazy.
But Watts, whats the chance you could repost your brilliant creation for old times sake? …In a cryptic post of course.
Incorrect answer—but close!
For those playing at home, the hinges/LQMT started about 2016 with hopes of being implemented in a Mac laptop. Then hinges in a Tesla were a long subject of speculation. Then the whole hing thing became epidemic when the creative video of the complex hing that could have been implemented into a iPhone or an Oppo device.
There is a common thread to any rumor of hing/LQMT and that is Joshua. You’ll find that it is he that has brought each and every suggestion forward.
Sounds like Zyris.
By BB.
TS made similar claims back in 2012. “In the midst.”
EONTEC in 2016...........phone hinges.
POP QUIZ
"This has resulted in securing our first orders for recurring, volume, deliveries of functional parts utilizing our technology. Monthly shipments began in July and will result in regular supply into a targeted market, along with providing market participants with needed benchmarks on the advantages of our technology."
When was this said and what was it about?
Exactly and once the Big Whales start hoping aboard around the Globe .... many of those small accounts will actually be pretty huge deals because so many 'Early Adopter' Customers who are already educated about the advantages will also be wanting to place orders once they start seeing a Whale or two has made some decent size purchases to validate that things are ready to roll.
Like Wray really cares. He always seems late to the show. I would bet he is heavily invested in China just like Vanguard and Blackrock.
As long as LQMT keeps picking up small accounts that is fine with me. China would be happy too as long as they keep the biggies.
You told us weeks ago when this was in the 0.06's this was going to drop, but it has held on quite well.
It seems the only thing your really good at is informing us of the current share price for the day or week. It takes a real research guru to spout off that information to the Board!
Good luck to you and all the broken records, and conspiracy theorists.
Trading anemic volumes returning to pre March CC.
Not a good indicator of good things to happen imminently. The SP always rises rapidly and usually walks back slowly unless new news is released by LQMT via a PR, a filed document or a website updated blog. That being the case. LQMT can be expected to slow walk all the way back down into the 0.04’s again and even the 0.03’s again too.
Nothing is out of reach for LQMT, be it up or down. So hang on to your shares. It’s like riding a Mechanical Bull Ride in very slow motion, where only those who hang on long enough get to depart with their shares, when they pass on to receive their heavenly reward as some unfortunately have.
Good luck to all in LQMT.
Wish TC luck.
Come on TC, I’m getting tired of riding the Bull (Shit.) it’s time for me to hang up my spurs.
28 months and you got nothing to show for it. A damn shame Imo. Is that a Bull🥩steak I smell on the grill? Yippee 😋🍴share price is going up.
You raise an accurate point based on the expansion of financials in amorphous metals abroad and the contractions of LQMT’s bottom line owned and operated by the same individual over the exact same period of time.
Contracts with whales abroad. millions in investing in plant space and equipment. None here. Only rent. No new contracts going into 28 months. Same owner.
That is SUM impression. Pun intended.
Good luck to you.
It is no secret that I have the ongoing impression that the success of LQMT Valencia and its general shareholders, is not necessarily the primary objective here. The published financials would seem to support that. I wish it was not so.
The conspiracy theorists are out again today. China conspiracy, Apple conspiracy, etc.
It’s like they find a conspiracy affecting Lqmt under every rock.
These conspiracy theories have been spun here for a decade now. The gullable bite right in and follow along.
Investors should beware as these theories have not an iota of grounding in facts, but as fiction they have derailed many who bought in hook, line and sinker.
Good luck to all and even to the conspiracy theorists and the broken records!
Guess that officially confirms what many invested in LQMT already knew beginning in 2016.
What took Wray so long to get the word out. This has been going on for over two decades. No, make that at least seven decades with foreign countries and forever domestically. The difference domestically its called competition. Beyond our borders it is called espionage/spying.
Good luck to you.
"You could close your eyes and pull an industry or sector out of a hat and, chances are, Beijing has targeted it," Wray said. "The PRC is engaged in the largest and most sophisticated theft of intellectual property and expertise in the history of the world, leveraging its most powerful weapons, starting with cyber."
Christopher Wray
I call on Chairman Xi and LQMT to endorse this company as a token of goodwill and advancement of the free human spirit.
https://www.shenyunperformingarts.org/
Couldn't have said it better overall except to add the difficulty of navigating the political tangles especially as to China during an epoch where the future direction of the immediate struggle for power over the markets, physical assets, finances, and dominant currency hangs in balance. Given these conditions I say the company has done well to survive. Funny how bashers arrive when a company is in the midst of a turnaround.
Without a little more buying volume it looks like LQMT is headed again into the 0.05’s.
Of course a few LQMT blog updates from time to time on any business endeavors would help keep the share price in the 0.06’s or 0.07’s.
From historical behavior regarding blog updates I don’t expect that to happen. Not with LL in control.
Not only was LL able to shut down the power upgrade and IMO, able to prevent domestic expansion with equipment to fulfill new orders. He managed (under the guise of slowing down cash burn,) transferring all domestic production to China, where their companies seem not to be having difficulty in finding a whale or two or three. He has also managed to put a muzzle on who is left at LF CA.
The silence says it all. Be quiet or leave. Many have left or were shown the exit door. Kind of makes sense. It could be either a cultural thing or just a characteristic trait on how business is done in China. Either way, it is obviously not what investors here in the USA are used to.
So if you plan on rolling the dice from your DD. Keep in mind there are no fluff PR’s from LQMT in a long long long time. Unless LQMT is required to release information, they do not. It cuts down on the spin and BS from market gurus who know less than you do. It doesn’t cut down on individual speculation theories hype or FOMO.
Good luck to all in LQMT.
Wish TC luck.
Would be nice if LQMT bought 10% of its stock back about $6 million with their own assets.
That would increase shareholder value a little and without any new revenues from part sales. The base value would be up a half penny. The speculation and hype imo, at that point would be worth a lot more.
As always my opinions are always worth less than the price of a LQMT share.
What does it matter ???... This is not about Watts ... I know he would like it to be but it is essentially about something he has nothing to do with...
Why. He is not missing anything important. Maybe you appreciate grumpy, frustrated old men who lost a boatload of money, and can't get past it. But most don't give a cr*p.
Once again....you do not know the history of Watts and this board.
I wish you did.
I am not shifting responsibility away from LQMT.... I am simply being realistic as to expectations when others are making an effort to pioneer new Multi-Billion Dollar or even Trillion Dollar Industries... When is the last time you did that ?? So what do youhave in your chest drawers of accomplishments that you can out your money where your mouth is.... You and others who constantly bash don't have a clue and certainly do not have any perspective whatsoever upon which you can be in a position to bash becasue the bottom line is that you don't know that you don't know that you don't know and you should try to get educated before you take the bashing so far... There is zillions of variable and yes the early adopters are oftentimes and almost always a huge reason for delays, mismanagement, redo's, misinformation, lousy forecasting etc..... Other new materials customarily take many decades so why is it that you feel this should be different...? Those who keep their mouth shut about things usually are the ones that are super confident they will produce and therefore they don't need to blow a lot of smoke becasue they know or feel super confident that they will have the last word..... I would say LQMT management and personnel is using their time a lot wiser than the way you and Research and others use theirs.. That is a super easy observation...
Followers
|
885
|
Posters
|
|
Posts (Today)
|
7
|
Posts (Total)
|
233421
|
Created
|
04/30/05
|
Type
|
Free
|
Moderators PatentGuy1 Almosthere |
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: |