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Maybe you and Spartan should have invested in an OLD MANS STOCK, rather than a YOUNG MANS STOCK!!
Something is up with the Apple deal.
The deal was initially signed on Aug 5, 2010, then on June 15, 2012 it was extended. On May 17 2014 it was extended til Feb 2015. Then on June 24 2015 it was extended til Feb 2016.
Now here we are in July 2016 and no word of the extension. We have never been out this far into the year without news of an Apple-Liquidmetal extension.
This could be a very positive sign that Apple is ready to use the technology. Therefore an extension isn't necessary. With Lugee Li in the picture, and Eontecs ability to mass produce, it wouldn't surprise me to see Apple come out with a new contract indicating there use of liquidmetal/EONTEC to mass produce parts for them.
A very exciting time to be invested in this stock!
You might want to take a look at what Nasa has to say about it as the 3rd revolution. Metals, plastics, now liquidmetal!
Just google NASA and liquidmetal.
"I'm humble and oft wrong so again, just my silly putty ideas and opinions."
Absolutely, because smart investors that are holding over 500 million shares of Lqmt know the amazing potential of this technology.
Just think, a very successful business man Lugee Li has dropping 64 million dollars of his hard earned cash into this stock, about to be completed. And lined us up with EONTEC that is going to expand our technology big time into the global market. And to think this is all going on right now as we speak!
I also love the fact that Materion, one of our partners has snagged up a huge BMG manufacturer in Europe to expand our capabilities across Europe right now. Materion itself is predicting a massive upscale in revenue from BMG in the next yeR or so, and this is apart from Lugee Li's liquidmetal formulas! The potential in the market for BMG has kicked into high gear and is an amazing time to be watching how this is going to grow!
Hey and let's not forget Engel that is wrapping up its promotion of liquidmetal to hundreds of clients across Europe, and Apple that is no doubt spending millions on R&D and patents!
Liquidmetal itself saw a 500 percent increase in revenue in 1st quarter, and Tom said to expect the real ramp up to begin 2nd quarter of 2016.
This is most certainly ripe to take off big time, and an amazing time to be in this. Of course my opinion.
Best of luck to you, hope your holding your shares tight to your chest, but only buy on your own D&D!
Absolutely. As I said they wouldn't even enter the deal without the replacement of Kang with Steipp. He has connection with top leaders in Apple and they trust his leadership!
It's dreaming to think they are going to let him go!
Sorry Spartan there will be no brooming aside Steipp.
Apple trusts him, and their partnership with liquidmetal was contingent on getting Kang out and Steipp in as the CEO!
Do you really think Apple is going to let Steipp get swept aside--wishful thinking, but not gonna happen.
I think the knife is awesome! It certainly displays what the company is capable of producing using BMG, and I am glad they have it on the website.
Steipp is dong a fantastic job getting this company off the ground in a way that will bring life long stability to the company and the technology. That's why we have such great partners like Apple, Materion, Engel, and now Lugee Li. He provided clear vision and strategy and well on the way to executing it.
Very exciting company to own right now!
Yep right around the corner. If you don't buy in this week at .15, don't worry you can get in at .30 next week.
Thanks for the Info Spartan. I hadn't heard that!
"An easy 70% profit to be made as soon as we hear about Lugee's next investment which is public knowledge to all and still nobody will buy this stock."
Smart people have already invested in this stock and already bought and are holding over 500 million shares!
As surely as this went from .06 to .016, we will see it double when Lugees 55 million is finalized.
Hold on for the ride!!
Sorry my confidence offends you so much. But for the many reasons Yama pointed out- no RS happening.
Time to move on!
Looks to me like most of the trading was around .155, .156 at the close seems right on target!
Very bullish, GO BULLS!!!
READ YAMAS POST. A RS is not going to happen!
Others have been posting your message for over 5 years now. Never happened, never will!!
"So if all goes according to plan, we should be trading at or above $.25 within the next several months."
We are right around the corner from realizing the .25. We could get the announcement about Lugee's 55 million tomorrow or most likely next week!
I just about snorted out my beer on that one.
If this article is correct, there will be no need for a reverse split to get to NASDAQ. That's why the author never even mentions it!
Could also very likely be estimating contracts and revenues kicking in! This is more likely than some kind of premature reverse split. This would make sense in light of the statement immediately following:
We feel Li's investment is just the start of bigger things to come.
A nice article that I am reposting for a refresher. I bolded a couple of important sentences.
"Shares of Liquidmetal Technologies Inc (OTCMKTS:LQMT) are on the verge of a breakout. Shares are near the top of the 52 week trading range and investors are just waiting for Professor Yeung Tak Lugee Li to purchase the remaining 300,000,000 shares for $55 million. The company expects this to occur by August 17, 2016. Professor Li has already purchased 105,000,000 shares for $8.4 million. Once we get word the money is in, LQMT is off to the races.
Liquidmetal is the leading developer of bulk alloys that utilize the performance advantages offered by amorphous alloy technology. Amorphous alloys are unique materials that are distinguished by their ability to retain a random structure when they solidify, in contrast to the crystalline atomic structure that forms in ordinary metals and alloys. Liquidmetal Technologies is the first company to produce amorphous alloys in commercially viable bulk form, enabling significant improvements in products across a wide array of industries.
On March 10, Liquidmetal did a deal with Professor Li allowing him to purchase of up to 405,000,000 shares of the company’s common stock for an aggregate purchase price of $63.4 million. Under the terms of the transaction, Professor Li purchased 105,000,000 shares at an aggregate purchase price of $8.4 million (or $0.08 per share) at the initial closing on March 10, 2016. The Purchase Agreement provides that Professor Li will purchase the remaining 200,000,000 shares at $0.15 per share and 100,000,000 shares at $0.25 per share for an aggregate purchase price of $55.0 million no later than ninety days after the satisfaction of certain conditions. In addition, the company also issued a warrant to acquire 10,066,809 shares of common stock of the company at an exercise price of $0.07 per share.
We really like this deal because it’s not a toxic deal. Matter of fact, subsequent purchases are all at higher prices. The highest of which at $.25 per share is more than double LQMT’s current share price. This is a win-win in our opinion for shareholders. For short term traders, there’s an added kicker. The deal says that the purchases must be completed no later than ninety days after the satisfaction of certain conditions, including company stockholder approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation increasing the Company’s authorized number of shares of common stock from 700,000,000 to 1,100,000,000. So if all goes according to plan, we should be trading at or above $.25 within the next several months.
Also on March 10, the Company and DongGuan Eontec Co., Ltd. entered into a parallel License Agreement to cross-license their respective technologies. Eontec is a publicly held Hong Kong corporation listed on the Shenzhen Exchange, of which Professor Li is the Chairman and majority stockholder. Eontec is engaged in the business of precision die-casting but has aggressively extended its research and development activities to include the manufacture of bulk metallic glass in recent years.
In the first quarter, LQMT reported revenues of $168k. Selling, marketing, general and administrative expenses were $2.0 million in Q1 2016, as compared to $1.9 million in Q1 2015. R&D expenses were $559k in Q1 2016, compared to $482k in Q1 2015. Cash and restricted cash totaled $11.3 million at March 31, 2016, as compared to $4.7 million at December 31, 2015. With existing cash on hand and Professor Li’s additional funding, LQMT is well-funded to accomplish all its goals.
lqmt 5.20
We also expect to hear more from Apple. Last June, Apple renewed its exclusive rights to use Liquidmetal Technologies’ unique metal alloys in its line of products. Liquidmetal’s alloys are of interest to Apple due to their unique properties including high strength, corrosion resistance, light weight, and malleability. Apple has used Liquidmetal’s technology to develop the SIM removal tool for the iPhone 3G and the company has been rumored to be considering Liquidmetal for iOS device home buttons, touch sensors, and tamper-resistant screws.
Currently trading with a market cap of $77 million, LQMT is one of the most exciting names on the OTC Markets. Once Professor Li executes the last of his stock purchases, we see LQMT uplisting to NASDAQ and gaining more exposure. We feel that Professor Li’s investment is just the start of bigger things to come.
Just remember the great principle of business and making money zombie--NO RISK NO REWARD!
It's possible to WAIT, WAIT, WAIT, while tremendous profits pass one by.
Just saying.
You need to think this through.
Who is connected with Turing phone?
Who will manufacture Turing phone?
Think about it!
Please provide a link to companies that are positioned to do this both in patents, money, materials, machinery, and workers.
Thanks but I am stocked up on all the shares I need at a much lower cost!
Also based on your logic we should have never gone from .08 to .16 since we haven't seen revenues yet.
Sorry doesn't work that way!
Now you know where I got this stuff from!
It already popped 100 percent from .08 to .16 on the news of Li's transaction of 105 million shares purchased at .08.
This next transaction will be 305 million shares purchased at an average of .16 cents per share.
Based on the first transaction of 100 percent increase we should easily hit .32 per share at the announcement.
Low dollars shortly after when contracts are announced!
Thanks for this Yama.
Based on this transaction, looks like Li is going to be purchasing the rest of the Lqmt shares in one bulk sum rather than spreading this out into two transactions.
This will lift the share price into a new playing field of .25-.30 cents in the next week or two!
I would expect contracts to be announced shortly after Li's transaction is announced.
Shaping up to be a great summer!
We are closer to the deAl with Lugee Li being finalized.
As soon as we get news we will double the current share price to .30.
Then as contracts kick in we will be in low dollars.
Liquidmetal hiring more machinists is a great sign that we are standing at the front door to contracts!!!
Enjoy the summer. Going to be an exciting ride!!
Ok. I give up trying to explain this.
Have a good day.
This will be the last time I point this out. No one is talking about profitability in 2016.
I have no idea why you keep bringing this up.
Sorry I don't share the same sentiment as you about Steipp. He has done a great job, man of integrity, and keeps his word.
You just got to realize getting a company like liquidmetal off the ground is going to have some set backs. Yes it's frustrating, but let's not confuse this with some kind of character flaw!
Let me explain something to you.
One of the fundamental points of interpretation is to pay attention to the CONTEXT in which something is said.
Without context words have no meaning.
The very context that Steipp spoke about moving toward break even profitability was one were he focused on 2016 events.
It makes absolutely no sense at all to talk about break even profitability in this context if he did not think we were capable of it in 2016.
This is all interpretation 101.
Let me try to make this as clear as I can for you.
I, nor Steipp strictly talked about profitability.
He talked about a break even point (using the phrase break even profitability) in the same context he discussed other current events for 2016. Look at the very quotes you post with a discerning eye!
He was clearly talking about moving toward a break even point in 2016.
Not only did Steipp talk about break even, but Chung talked about gross margin profitability:
"As alluded to earlier, our sales team is developing a healthy funnel of opportunity and we believe that as we improve our manufacturing process and implement cost saving efficiencies to become a full-fledged manufacturer, we will achieve positive gross margins in 2016."
Yama,
I know Steipp talked about breaking even in 2016.
I am thinking that if our current burn rate is around 2.5 million per quarter, 10 million per year, we would need to see a minimum of 10 million net revenue coming from the 10-15 contracts. Gross revenue from the contracts would obviously need to be much higher.
This should give the stock a tremendous boost into the low dollars once these contracts start getting announced!
Me neither.
"His credibility, in my opinion, will be established very shortly in 2017. At that time, we will be out of the midst."
Sounds pretty positive to me.
Especially the part that "we will be out of the midst" AT THAT TIME his credibility is established!
Thanks again for the post!
You'll see when the share price pops to .30 on the news of Lugees 55 million dollars in liquidmetals bank account, and then into the dollars upon news of our first contracts!
I hope you are holding on for the ride or a good jumper!
These prices are a steal. They won't be down here long.
I predict .17 close for Friday! Up to .30 on announcement of Li's deal finalizing!!
Nice post below from Watts! Accept I believe that high credibility will be established in 2016.
"When a person of Professor Yangde Li's caliber, multi-degreed, entrepreneur, researcher, manufacturer, professor in several teaching institutes about what he knows, metallurgy- when you consider the wealth he has amassed by accomplishing things of scientific value, commercial development and profitability you just have to believe he is going to continue what he has already successfully done.
To think he is going to enter a new venture and only think about stock transactions as his primary focus, I think, does little justice to the man.
Money goes to where it is productive. He will get his return by producing and accomplishment. His first focus will be to get LQMT ship shape and productive as an enterprise.
Unlike current management which has a verifiable history of dilution and delays, Li will consolidate, form a plan that actually works, and execute it to his satisfaction and most likely beneficial to the development and swifter commercialization of our patent portfolio.
His credibility, in my opinion, will be established very shortly in 2017. At that time, we will be out of the midst."
Ok thanks for making it clear where you stand! Very helpful!
Sounds like this is what you are hoping for. But sorry, not going to happen! Lugee is in this to make big money.
By the way his deal averaged .16, but the share price itself will climb to .30 on the announcement of the 54 million in liquidmetals bank account!!
Enjoy the summer climb!