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I believe the accountants for LQMT followed the rules for LQMT. Now there probably are a few accountants that may have made errors innocently or not. Could be political for all I know and they didn’t do anything wrong or it could be something else. But LQMT’s data on the 10K seems to be clear. You know the saying even if they were to put lipstick on a pig, it would still be a pig. I would venture to say that the 10Q1 would have been the same. Either they break the low bar of $30 thousand in revenue or they don’t. It’s not a big deal.
A big deal would be LQMT and their rag tag sales force to announce contracts, orders real growth.
That is the focus.
It would make zero sense to delay a $0.00 10Q1 or a $300 thousand dollar 10Q1. Neither would raise the sp to where investors want it to go.
Yes it would be great for my short term 2 years plus wash rinse and repeat cycle investment. But not for my long term position in LQMT. And that includes anyone else who bought a position for short term gains.
If LQMT continues without a deal, those short term positions will be like having another long term position.
Good luck to you.
Not saying. Just adding FYI…
https://www.sec.gov/files/litigation/admin/2015/33-9918.pdf
https://www.sec.gov/files/litigation/apdocuments/3-16339-event-42.pdf
https://pcaobus.org/Inspections/Reports/Documents/104-2018-083-MK-CPAS.PDF
https://assets.pcaobus.org/pcaob-dev/docs/default-source/inspections/reports/documents/104-2024-021-m-k.pdf?sfvrsn=24c0079a_4
https://bestcpafirmshouston.com/
The last link is strictly for Houston TX,
As far as I know and I know very little the firm is qualified.
Another great post.
Absolutely correct…
https://www.prnewswire.com/news-releases/movano-health-submits-exemplary-sp02-clinical-trial-results-in-key-step-towards-fda-510k-clearance-decision-302140861.html
The sp02 imo, is not a big deal. Blood pressure would be, as it would capture every one’s interest from any gender. The blood oxygen is a big deal for anyone with a pulmonary issue or contracting flu like symptoms. During a pandemic it would be a serious helpful aid.
Other than people who have pulmonary issues with blood oxygen saturation, I don’t think right now is the reason to go out and buy this product.
The blood pressure measurement would be huge. According to MOVANO, they are years away from that achievement. Presently I can see the application being successful for women if the data is accurate.
I’m sure your comments come from personal experience and movano’s own admission of not being ready to roll out much larger demand. Looks like they have the resources to get their act together long term. But as for now their stock price is in the crapper.
I think that logic is being reflected in the trading.
Agreed.
Excellent post. Now we know why LQMT is in there predicament. It’s not their fault and had no choice. It was made for them.
I don’t feel too dumb now. No one saw this coming. Just when things were beginning to look good too.
The integrity of management at LQMT looks better now.
This should help….
https://insidepublicaccounting.com/ipa-top-500-firms/
Thank you for sharing your post of the 8K no one but you, brought up today.
O.T. Check out VZ stock 6% + in dividends.
It doesn’t fit a pumper or hyper’s narrative…
https://liquidmetal.gcs-web.com/node/12016/html
So you fire first and then look for a certified accounting firm???
Whose brainchild idea was that? Does it matter?
Let’s give them more stock options.
Still think the share price can’t drop further.
I have to admit like all of the other management debacles, i never saw this coming.
Good luck to all in LQMT
Wish tc luck.
What a mess! !!
Gives me the impression that LQMT wants to shake the tree to see how much fruit falls off of the tree that floats.
Last year around this time LQMT reported $30,000.00 in revenues from sales of all products for the first quarter.
The bar is set very low. I’m hoping LQMT can triple that this quarter.
Good luck to all in LQMT.
Wish TC luck.
Another industry that is growing is the Smart lock industry. Currently grossing over $2.5 billion and projected to reach $10 billion by the year 2030. These locks do not fail solely due to power loss. They require repetitive mechanical movement. There are more than one manufacturer making smart locks. Enough for LQMT sales reps to explore to see if the larger companies want to invest in a prototype. A longer lasting lock would be far more competitive. There are varyious studies as to how long these locks last. A good R&D expert could prove the value for using LQMT’s IP.
Think pinions zero lubricants etc.
Time for LQMT to step up.
Good luck to all in LQMT
Wish TC luck.
A recently new use of an old material becomes a new competitor.
https://www.xometry.com/resources/materials/what-is-pla/
https://www.sciencedirect.com/science/article/pii/S0022286024007634
As an example: ConMed now uses PLA. Medical screws. It took about ten years to develop.
Its time LQMT stepped up.
Good luck to all in LQMT.
Wish TC luck.
Another week passes and LQMT’s share price is down 0.75% from 0.062 cents to 0.0615 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
LQMT has released no updates on progress.
Another boring week.
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. In the 0.06’s right now. 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 within two weeks. Just like the recent 10K.
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.
One year ago…
https://media.starrag.com/en-us/frontend/media-item/detail?id=145
Good luck to all in LQMT.
Wish TC luck.
Four years ago…
https://vimeo.com/438967135
Good luck to all in LQMT.
Wish TC luck.
Back to the nickels this morning less than 10 thousand shares trading in the midst.
Where are those huge orders?
Good luck to all in LQMT.
Wish TC luck.
A year over year update can be found in the LQMT 10K. You are not doing your DD. If I have the time I will do a comparison.
Regarding the rest of your enthusiasm. I would if LQMT traded once a year too. I agree and I’m not the first to say it. But LQMT is a boring stock to watch.
Here’s to the break out!
For Almost, Today LQMT YOY CLOSED DOWN 7.75%
For the only one who has claimed to have communications with the former CEO, LL, now Chairman of The Board.
You can thank me again anytime.
I’ll update it after the close just in case you want to review it with the chairman LL. He still talks to you via email, right?
Just for you as of now LQMT is down-14%-YOY.
One would think with all of the hoopla of TC (the interim ceo) buying shares, the ring pictures posted to LQMT’s blog, $$$ received from orders reported in 2023Q4, the rose colored painted outlook for breaking even in the 2024 CC, the new partnership and other possible projects with Amorphology, the potential for a new customer or two and the newly awarded stock options, did I miss anything?) that the share price would be worth more than a dime, more than a nickel or how about more than a penny in share price over last year at the same time?
Well guess what? Including myself the thinking is absolutely wrong. YOY the share price has not changed to the upside. If anything it is lower or equal to the same share price year over year.
It’s not what you or anyone else thinks or sees what the value of LQMT should be. It’s what others not interested in LQMT think.
Obviously, not much.
Good luck to all in LQMT.
Wish TC luck.
Come on TC, make those non investors regret.
My view point on Movano is simple. They have the resources to succeed with or without FDA approval or delay. They also have the intellectual resources to succeed as well in the industry they are endeavoring to break into. They have an excellent medical executive team. They have an excellent R&D staff. For them FDA approval would make their success easier to achieve. They are prepared to sell two product lines with approval and without approval.
I own no shares in movano.
The new story are the possibilities to find new customers for domestic manufacturing. The old story is LQMT never disclosed the new manufacturing capacity capabilities to fulfill a high volume product. I would like to think whoever does the manufacturing. They have the capacity.
Based on factual management decisions historically I’m not holding my breath.
Imo, I do not believe TC was misleading in suggesting LQMT has made progress towards one or two new possible contracts this year. There is also the debacle of the ring debuting with serious issues causing their stock price to collapse. The potential for movano to succeed is real and may lead to a high volume order and revenue for LQMT. If movano is successful reoccurring orders may follow.
The outlook may look better. The outcomes are what have always been disappointing.
Good luck to you.
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.
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.
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.
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.
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.“
Always thought the 2020 10Q2 was about Zyris. Guess I’m wrong.
Sounds like Zyris.
By BB.
TS made similar claims back in 2012. “In the midst.”
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.
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.
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.
That’s a lot of prototypes too that can generate both revenues and operating costs.
Maybe Demo the Martin guitar and send their 20 sales reps to the companies with the highest product sales first.