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Absolutely hilarious….I don’t enjoy having capital tied up for 10 years but you talk of 20 years waiting for LNG exports to come to fruition….that’s 1/3 of an adult life……speechless.
Wow…that’s a lot of capacity for pain! Cheniere was a long term bet on the US exporting natural gas when the terminals didn’t exist and there were very few LNG capable ships….Encana had a similar plan for exporting from BC to Japan and I was in that one. Nice ideas but it took the Ukraine war to the take the Russians out and make it happen.
Wow…that’s a lot of capacity for pain! Cheniere was a long term bet on the US exporting natural gas when the terminals didn’t exist and there were very few LNG capable ships….Encana had a similar plan for exporting from BC to Japan and I was in that one. Nice ideas but it took the Ukraine war to create the motivation.
In order to go from losing money to making money, one must go through the breakeven point. Fact of life.
There is a difference between “ breaking even for the year” and “reaching breakeven by the end of the year”. The former would be great but the later may be what we get and I’m good with that as long as we start another income stream.
Big questions…..Is part of this total tooling? How any units are driving this $143k? ? Dollars per ring?
Overall good news …maybe better than I xpected.
Absolutely! There are numerous reports that are ESTIMATING MARKET POTENTIAL but nothing I can find that provides actual sales. The only significant market area where there seems to be any large sales is the market for electrical transformer cores. This application offers unique electrical benefits ($ 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.
“Not an opinion” is an opinion until substantiated.
Reference? Or just an unsupported opinion?
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.
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.
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.
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.
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.
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.
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.
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.
BP monitoring can be very difficult….I can’t get my right arm to duplicate my left. At the doctor’s office, I sit in a straight backed chair, uncross my legs, keep the measuring device at roughly the level of my heart and refrain from talking….by the way DON’T MOVE.
If that protocol is the baseline and one expects to get a reliable reading from a person who is going about daily activities, I’ll bet getting into the FDA guidelines/expectations is a huge hurdle. You almost have to take multiple (>10) readings and do some pretty sophisticated smoothing. Erratic readings need to be dealt with…maybe an average with some indication of confidence limits.
If a person has orthostatic hypotension, the act of standing up can cause their systolic BP to drop 20mm and recover in a few seconds….big challenge.
I don’t recall the BP monitoring being years away…I expect the hitch may be continuously monitoring instead of BP on demand or BP every 30 minutes…lots of options. You didn’t mention glucose monitoring and whether the timing is sooner or later than BP. Some of the same issues on frequency…you don’t really need continuous monitoring but the interval and trend tracking needs to be ironed out.
I don’t think there was very much “wiggle room” to play fast and loose with LQMT……they certainly didn’t inflate revenues or net income and the rest is cash and rental income. Pretty cut and dry.
Everything Movano depends upon your viewpoint…if you’d are LQMT, it’s all about the EVIE Ring which is very short term. If you are interested in MOVE, the focus is FDA approval for the pulse oximeter and BP monitoring as the catalyst for explosive growth. The RF approach is unique which is an interesting plus.
Disclosure…I have a small position in MOVE but much larger in LQMT so take my comments in context.
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’m thinking that it’s all AI generated because I can’t imagine anyone devoting so much of their life on that drivel.
The part about 40 words or less was deleted.
Earnings Report….In 2023 we reported the Q1 results on 5/5 which happened to be the first Friday in May. This year the first Friday is 5/3 so I’m thinking that may be too early. My guess is Tuesday May 7.
Thank you for that explanation…I never had an appreciation for the differences.
If LiquidMetal components can improve the sound of a guitar….why can’t this application be incorporated into a piano?
I’m still waiting for LL to develop an extrusion process for LiquidMetal to make musical strings/wire. The trick is the cooling and maintaining a vacuum above the extrusion head.
When one thinks of glass reinforced polyester (boats and cars) the fiberglass enhances the properties of the resin to impart desirable physical characteristics. What would happen if someone added fiberglass or graphite nanotubes to the amorphous metal mix prior to moulding? These materials melt far above the AM and would act as a reinforcing filler in the system ….Hmmm
Arranging the deck chairs on the Titanic!
A key component of the LiquidMetal Laser Cannon is a cylindrical amorphous metal part disguised to look like a “guitar pin”. The part is sourced through Gibson Guitars (a DOD front company) but attempts to contact them for comment have been unanswered.
You have to have fun in life!
I heard that US air defenses destroyed Iranian drones using a LiquidMetal Laser cannon placed in a high orbit. The super-secret project included a NDA that prevents revenue reporting.
The cannon utilizes a variation of the “bouncing ball technology” to enhance the power level of the laser by several orders of magnitude. The technology uses a slight variation of a laser presentation pointer to achieve the initial beam which is enhanced by “amorphous mirrors” to cut through objects in 2-3 seconds.
Volume has dried up because of a lack of willing buyers. It will drop faster as sellers get more desperate.
Peter A. Appel has purchased a 9.99% interest in MOVE giving them access to very deep pockets.
Is there ANY scenario that projects this stock to have value?
First…you need money for working capital to fund growth of the business, so raising capital is good even though it comes with dilution. Also good is $3.6 million raised came from “insiders” which assesses commitment (high). Investment from a medical device whale doesn’t hurt either.
Second …If the posters would research the sensor technology, they would learn that the competitors are using infrared transmission for the pulse oximeter and Movano uses radio frequency as its technical approach…and is unique. Apple ran afoul of Masimo patents and both are using IR.
Movano has more than 30 patents for the RF sensor technology makes them an acquisition target. I hope they get the opportunity to establish the enterprise before the offer comes,,,it would be a shame to sell out at $4 when it could be worth so much more down the road.
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The memories don’t go away….it’s the ability to retrieve them that degrades with time. Finding memories the next day is your subconscious working on the problem of re-establishing the pathways.
So I bought some at $0.36 ( and $.0.20 and $0.10 and $0.07) and I don’t harbor all that bitterness….I’m optimistic about our future.
Option Reality….it would be great to have options on 4 million shares at a nickel but your price target can’t be as low as $0.20. 4 million shares at $0.20 is $800k but it costs the exerciser $200k to acquire them. That leaves $600k that one could call gross profit but the IRS (and California) wants its cut NOW so assuming 40% of $600k is $240k leaving $360k. It’s not “chicken feed” but not necessarily life changing. TC needs a minimum of $0.50 or better yet $1.00 before exercising.
The $1.00 minimum also fits with his other options package
Repeating the MOVANO video…..Movano has a year end conference call on 4/4/2024 at 5 pm eastern. Perhaps info on sales in Q4 (they only have one product) and forecast for 2024.
MOVE stock is up $0.12 to $0.58 in the aftermarket
Working capital to fuel growth….a necessary part of the bigger picture.
The more shares management has…the more motivation to excel.
The granting of options is a “non cash” method of rewarding someone for doing something good. maybe it was doing all the legwork associated with the EVIE ring or perhaps something else…who knows? if you are worried that 2 million shares will dilute the 914 million outstanding it’s a waste of time. If the concern is “he got something and you didn’t” you need to move on from that train of thought.
Why would you reach that conclusion….the options are $0.02 in the money and 1/3 of them vest in 12 months…plus he doesn’t have to put up any cash until he exercises. TC paid cash to buy at $0.065.
Did you mean “good for appearances”?