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So what was your point concerning my posts?
If you should be so kind, please amplify your response.
It seems like we are in total agreement.
Meaning that only the MIM process required the power upgrade due to sintering.
LK and Engel Machines do not draw the same amperage that a sintering machine does. So they were able to operate on the original circuits.
Nothing earth shattering here.
Thanks for the inquiry.
PS As per an earlier post, the electrical room had to be increased 120 square feet to accommodate the additional transformer to handle the increased loads required for the Sintering (MIM). While I am sure that there was some shutdown of power during the installation of the additional transformer, I would doubt that it impacted production on the LK and Engel machines for a long duration.
Again. Just my conjecture that not all production ceased during the waiting period between OH and transformer installation.
Which, of course, is about the average cost of Lugee's investment. The difference between that and current PPS is 8 cents per share, which we could say is the expectation differential of current investors.
Only actuals can realize increases.
Time to actuate, Lugee.
Actuate the positives on paper.
I am beginning to think that Lugee was correct about 2017 being the golden year. This 4th quarter is a turning point. I expect 1Q to be a lot better than most expect, since the DC machines were able to operate independent of the sintering machine.
Recall that the samples handed out at the show, the springy money clip, most likely were symbols of which machines (LK) would be bringing in the dough. I expect 2018 will indeed realize Lugee's promise.
All of the above is pure conjecture.
I am pretty sure that, by researching the documents for 2004, you will find that the outstanding shares was around 42 million, and not the 225 million you suggest. Big difference in magnitude.
Great find of a diamond in a haystack.
Agree with your conclusions.
This also points to LQMT now doing its own recycling of scrap in house. I recall that the recycle of the materion alloy was 20 per cent minimum and that of the LK machines was even greater (this from Jim Liu of LK), so that the in house recycle will tangibly reduce reduce reprocessing costs.
Thanks for your read on the financials.
Thanks for the recent update on magnesium implantables, dissolvables
When do we get back into Nasdaq?
Get the facts, right, for starters. (sorry to be so blunt).
The upgrade is 4000 amp, FB, not 400.
Have no idea about the length of wait, but these upgrades exceed the normal power requirements in the immediate surrounding area, so I am guessing some of the city planning department was involved as well as just the SCE.
If we had not had the shift to MIM, this upgrade probably was not required for just the DC and LIM (Engels).
What's the beef, anyways?
Don't think it should be with Lugee. He relied totally on Bromage who did all the shopping for real estate. His being chief operating officer puts him in the target for criticism. Lugee delegated a lot to this guy and he isn't really suitable for this position.
Don't forget, this guy was Steipp's pick coming out of his association in a fellowhip group. He was Steipp's mentor. I really doubt that Lugee was made aware of their relationship in full. Just think how many of the early marketing decisions were made by this guy, his pick of Nomad and the like sales teams, and then, realizing how botched the effort was going, hired Hauck. A lot of sales and marketing basics were ignored by this guy who had absolutely no clue on how to run a manufacturing company and develop business. Yet Steipp depended upon him as his right hand man. This is why I just don't understand why he was retained, except for some type of continuity amidst a change in management. Both Steipp and Bromage were in way over their heads and LQMT really did not have time to do OJT for these clowns at great expense to the shareholders.
Someday, I'll tell you how I really feel.
Well, having read all the posts on this board, all I can say is that our former CEO, John Thorne, had been chief engineer at Ruger Fire Arms and during the Kang stretch, made firearm parts. They were never commercialized. Is that what you meant? You can dig up this information in the archives starting at post 000001.
Indeed. To me that is Lugee's emphatic message to Apple that he will not tolerate Apple going into any of these areas of (non-consumer electronics).
Bravo to Lugee. He has emphasized drawing the line in the sand.
And his sales in these areas in China will PARTICULARLY emphasize that.
The way I see it, Tim Cook USA will be bowing down to Lugee Li China and it will be a matter of Tim Cook's survival. Apple is no longer going to write the rules.
Look how Cook is already caving into the new administrations proclamations.
Cook has made a big mistake in bullying and encumbering LQMT due to Steipp's Folly of Foul-Ups. China is not going to play by apple's rules on their own turf. The future of electronics is owned by China.
You mean something like what the old management pumped?
http://4.bp.blogspot.com/-eTt7dv3VldY/VUGHsEGuqtI/AAAAAAAABkg/Ia8mNRlCtZ8/s1600/In%2Bthe%2BMidst.jpg
No, at least Lugee is smart enough not to be caught up in bull sheet and lies like the old "in the midst" teamers.
However, the NON-CONSUMER electronics field was very much highlighted, if one chose to read the positives.
Cash burn was down a million (Steipp history, Chung History, Salas History OKeefe History). No more leasing expense for RSM
11.5 million invested in plant and equipment.
Shift of emphasis from Chess sets R&D to emphasis on manufacturing.
I agree with DMN that all of the above was quite expectable, before Earnings Report and confirmed by earnings report.
What we got rid of was the ridiculous Apple hype influencing the PPS.
Yep, all in all, a very solid, easily ascertainable and deducible earnings report.
Looking pretty positive to me, having cranked in a legitimate 6 month delay which Lugee forecast.
Bromage will be out of here pretty soon since he is nigh 64 years old and will be returning to his Northern California home in short stead, imho. He is just marking time until Lugee can get in his own technically qualified operations guy, which Bromage ain't.
Finally, from insight gained from a recent transaction, I foresee an announcement of significance within a week. Could be wrong, but think it is imminent.
Apple will go out of business before they ever use liquidmetal the way you have posited.
Why, you may ask. Because Beijing's Mango will put Cupertino's Apple out of business.
You won't hear anything until after May, in the 1Q 10Q. Always has been this way.
Not really. Look at the filing date.
More interesting is why the original signatories of CIP, Ricardo Salas and Steve Zadesky both fell out of favor at their respective companies.
Hmmmm. Methinks they are both still in contact with each other, in their current respective employs.
So far confirmation of previous post is on schedule.
If not a pop, it certainly is sliding in the direction forecast.
Lookin good.
And the legions of LQMT shareholders said, "WHA DA FA"
How is it that Lugee Li (Yeung Tak Li) is cited in Bloomberg's as being "Owner of LQMT"?
Does that mean that LQMT is no longer a public company.
Sure, I get it, I am an owner of LQMT, but not the owner.
What gives? Steve? Isaac? anyone?
I thought Bloomberg was pretty reliable source of information.
https://www.bloomberg.com/research/stocks/people/person.asp?personId=328198624&privcapId=2038991
As far as fourth quarter goes, apart from normal cash burn, we will see further capital investment reflected for robotics equipment and the new sintering machine. Of course, associated expenses for installation.
Hard to say on the revenue side. But I believe any increases in revenue derived from RSM production alone will be reflected in the first quarter 2018 as opposed to the fourth quarter 2017.
Obviously, we remain clueless as to any derivative royalties from Eontec, but which, if any, should be reflected on our financials.
Confirmed. Earnings will be released this week. Friday the ninth, mentioned by another poster (the Konadeyen) citing a publication, is, in fact, going to be the release date. Pop will be to range of 25 to 33 max going into Friday.
Wouldn't an amorphous ball be better than a cystalline ball.
The right intraframe and bezel needs minimum polishing. You are never going to see the so called "casing" itself made out of liquidmetal. It is totally unnecessary. With the right internal and bezels, two sided glass will work just fine and the right bezel will prevent the breakage.
PS: The sintering oven was delivered WEEKS ago.
Being right at home, I would say. Right at the trough.
Good one. Only Barney at Visseur Precision Cast could equal that dichotomy.
The thing is this:
Good communication does not require deciphering.
Of course, this eliminates any communication post texting era.
I spent two hours yesterday listening to a sales pitch and the sales team repeatedly mentioned the term NGO during the first hour.
I had to wait until the Q&A session to find out just what the eff an NGO was.
Total waste of a presentation to people like me trying decide why I should want to pay for what they are selling when they are giving live presentations in a texting mentality.
I didn't stay around for coffee and donuts.
Please name anything, any subject, any report about LQMT which is not speculation. Thanx (not holding my breath) in advanx.
“We are working closely with both molding machine suppliers to finalize engineering design changes for improved operations, in support of expansion planned late next year."
Nice to know LQMT is working closely with molding machine suppliers.
How closely?
And it is nice they are finalizing engineering design changes.
When are they going to have the design changes incorporated into the machines?
It seems that only the die cast machines are working without a hitch, but the MIM and LIM machines are caught in a time warp.
More evidence that the heavy lifting is going to be done by the die casting technology.
For sure, next week will be positive for a few days. I would like to see us work up to support at 27 cents. (Those who have played football with me know better than to count this as a sure field goal.
No and No and No Others.
Any formulation which includes aluminum will not be subject to an aluminum import tariff since it is the compound itself, not the individual element, which is imposed with the tariff.
Ditto for any domestic Materion formulation.
Encouraging?
Kanger came and went,
Stupor came and went,
Barney came and went,
Steve came and went,
Hard to know about Cook,
Hard to know about Lugee,
Pendulum swings...pendulum inactive
What does LQMT have in the way of revenues.
We know they have expenses...the new sintering oven cost a pretty penny. When is it going to pay for itself.
Many reasons for insecurity due to revenue inactivity.
No, the correct spelling is OKeeffe.
https://www.linkedin.com/in/stephok/
Never saw the LQMT pre-market to mean dog squat. Totally meaningless. Name one day...just one day... in the life of the stock after it was dropped from NASDAQ where it had any significance at all.
I'll be here all day waiting.
We have hit bottom. Bollinger bands indicate upward trajectory.
We will show increased 4th quarter revenues. First time in quite some while. Things are happening.
Nothing to do with Who's Who. All due to the current administration. The liberal days of KBG and Team Steipp are history. Wait til you see Lugee announce some departures this month of March. Might get your goatee.
I agree. No one can be misled if they take responsibility for leading themselves. This is expecially true of a LQMT investment board.