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.
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.
It’s not a ruse. Its just that we own shares in a company that has a lot in common with the once popular sitcom Gilligan’s Island. The characters had all the brains to survive and get off the island they were shipwrecked on but couldn’t. And LQMT has all of the resources to sell a product to new customers but has been unable to attract clients to help all survive.
No ruse here. Just lack of hunger and fat pay days.
Another bottom line. It matters not so much if the pps right now is at .001 or .030. Although it would be nicer at .030. This investment was based on a strong gut belief that this one was special, this one was something big. Bigger than a dollar and more. What the heck happened? Where did the integrity go? (Was there any)? Who turned out the lights?
We have people in a company handed millions to produce and sell a license, a product, and yet what do we have? We have the uncanny odds of investing in a company that cannot do neither by way of increasing revenues, announcing a contract nor have the ability communicate except poorly.
Buying into this dice roll from .06 to .38 was not about the pps going up to .41 or down to .06. It was about investing in a new material that would bring in clients and revenues and to everyone’s benefit.
What the heck happened? Seems like the actions of LQMT over the years has only succeeded in putting the company in a straight jacket and having shareholders sell or hold on to see if they will break free.
At least if nothing more, Li gave LQMT the means to break free.
Apple, Tesla or 5G transmition is not the answer. LQMT is. They still have not found a way to sell lemonade on a hot day. The bottom line on their financial statements states it.
And that too is another bottom line. The one we see dimly.
Which begs the question. Why is anyone buying shares today? What do they know that we do not?
Seems like today’s dice rollers are rolling the dice on a board with no numbers yet.
When I began rolling the dice on this one, I thought like many others here, that we saw numbers on the board up until 2017.
Now it seems like LQMT is constantly crapping out at the table. Pretty soon it will be time to move on to a new game. Hope I’m wrong.
Will LQMT be making some of these products for ConMed?
http://www.conmed.com/-/media/CONMED/Documents/Event-Documents/2017-Spring-AANA-In-Booth-Handout---M2017087.ashx?la=en
Sounds nuts, but LQMT is oversold by at least .02. Even though there are no contact announcements and the fact that LQMT can still drop lower. Still .17 or .22 was not what everyone had in mind when they invested in this company.
There’s still hope. No panic selling.
And you know what Li wants? I must have missed the PR, where LQMT hires a new employee for public relations and a new PR employee for Li. As far as can be known, Li has not said one word about his existing executives one way or the other.
Who cares what Li wants. Shareholders want a company that can generate increased sales YOY.
As I always say, my opinions are worth less than the share price. Others know more.
I would be shocked if LQMT ticks up today. So much for Bruce ‘s big August announcement.
He was. He just could not convince an industry of celiac hooked on wheat flour that they need gluten free metal.
Well one thing you don’t have to worry about is the growing quarterly income or any frivolous PR or any response regardless of integrity to shareholders questions or ambiguous interested clients.
I have read many excuses for Li’s silence: Patience, he’s working on something big, he’s doesn’t have to say anything and on and on. The simple fact is...nothing has happened yet by way of increased sales or products.
Is it any wonder Li has nothing to say! What’s to say? There is nothing.
There are blogs and forward statements using words and innuendos. Those innuendos and forward looking speeches are not strangers to LQMT since inception.
What has happened is that twice before, each time when LQMT was in the process of hitting rock bottom, they were able to pull a rabbit out of their arse and give all some hope. Another reason to hang on. This time all know the game.
Reality here is plane as day. The blogs have offered hope so far. Not sales, and that is the reality. The DD offers definition and explanations and insights for the possible use of LM and potential income. So far very very little has trickled down into the operations of LQMT by way of sales.
At this point if I knew nothing about LM, I would know even less of what LQMT is trying to do. Why would anyone want to invest? This is the picture, the image that LQMT is projecting.
Silence, no sales, no PR, no progress, declining share value and declining income. These are the facts and they speak volumes against what the executives have stated in their blogs.
No signed A1 list clients, no power upgrade, no increased income, no reduction in share dilution, no increased share value and no PR of progress from any source.
In essence you are holding on for hope and a promise. Hope of a new client, hope of a Apple waiver, hope of Li giving a rats arse, hope of a rumor, hope of a sale, hope that new DD might actually mean increased income. Just hope.
Admittedly It is all repetitive and not new and does not make me happy.
Good luck to you and everyone else in LQMT.
Because Li gave them millions & left them in charge of LQMT, for allowing Eontec and the China LM cartel, use of LQMT patents. In return the pps was propped up. LQMT bought a new showroom and all thought that LQMT products and production was at hand and still do.
LQMT Looks more like 3 card monte right now from the blogs than products flying off the shelves.
This may not be the case, but that’s how LQMT is making some of the shareholders feel.
All one has to do is read the input from all of the posters here, than read all of the output from LQMT.
It’s a very clear picture.
Was there a reason to replace PH?
China coming to the table. When’s LQMT coming to the table?
Where is Li?
Even if he did, ( just buy the patents) Li still gave the geniuses over here millions and millions that they could never get from contracts and sales, to either piss it away or achieve a break through moment and succeed.
Either way, Li knew LQMT was never going to be able to compete with Eontec or any other part of the China cartel of LM companies. In exchange for China’s cash like Apple’s cash, LQMT sold off it’s heart and soul to survive in a last ditch attempt of forging an alliance to attract revenues.
But so far, with the existing mind set, the only thing that all of the existing executives have succeeded in doing like in the past, is to prove Einstein’s definition for insanity. The pps, the income, the volume, the silence to shareholders questions, zero PR is proof enough.
No fruition from prospects.
Like LQMT, China’s prospects has been headed south of the border. Their economy has been falling apart. They have yet to disclose their true picture. Not sure whether this will have a positive or negative effect on LQMT down the road. Businesses that were thinking of opening plants there are now looking elsewhere. The deterioration has been taking place for over 6 months.
Getting the feeling there is very little to no confidence in LQMT and I’m included. After reading and listening to the executives from top to bottom for many years now as have others here, it is very difficult to believe anyone at LQMT in terms of what they say. They say that talk is cheap. Well, even at that price, LQMT cannot afford it.
Reading the Kris Kent’s introduction, reminded me of people who open up a mind reading store or phsycic reader. Hope I’m wrong.
A1 lists and core customer clients means squat! Contracts and revenues are what the pps is all about. Adjectives about clients are forward statements. They mean zip.
Have to admit, I have been wrong in some of my more positive views for LQMT.
I’m sure if the executives took a vote of confidence right now, the results might be...off with their heads.
The pps reflects shame, disgust and failure.
Can they turn it around? Who knows?
Good luck to all
It is very sad for all shareholders. If anyone performed as the executives have in terms of failing to achieve revenue growth, how long would we have been permitted to stay on the job before being dismissed!
Under present circumstances, no one should be blamed for thinking that the money for LQMT shares was for no other purpose than to secure the patents for Eontec and their associates, and that the new headquarters and new machinery purchased was the sole decisions of the existing failed executives to in effect make another go of it, to have one last opportunity to achieve success in securing the clients they thought they had and touted to us in my opinion to give all hope, which has turned out to be false hope to this day.
All the DD so far points to a possible positive outcome for Eontec and their cartel. All of the DD points to LQMT, still operating and performing using the same mindset but having more resources to either pass or fail on their own, with absolutely no assistance from the exiled ceo.
Since last October, not one peep from the ceo regarding his take on the way LQMT has been performing one way or the other. Not one solid jot or trace of any reliable DD or utterance from the failing ceo referred to as Li.
Respect is earned not deserved. Li, earn your respect for it seems many have lost respect for all on the executives operating the company, including you!
Don’t look at the posts here for proof. Look at the PPS, and the income from your last 10Q!
You cannot see clearly mr Li, if your face is too close to the mirror. Step back so you can see the words “disgraceful” and “failure”!
Even a blind squirrel gets lucky once in awhile and finds a nut.
Let’s go LQMT get off your arsses and for once, SUCCEED!
Eagle1947 they don’t have you fooled.
Good luck to you.
Good morning mr. Bromage, how is that working with Manufacturing Sales Representatives working out for you or the shareholders? Inked any new clients since PH’s departure? Have any new parts shipped yet?
They might do better with hiring Alexa as the new VP and investor relations contact. Efficient and economical.
Now that’s keeping it real.
I don’t believe the pps will drop that low. Otherwise it would have already. Perhaps if you see another quarter or two like this one it might. Actually I expect the pps to rise to around .24 to .25. We can also expect a small pop to .31.
The price drop to .22 from .25 already took care of the recent 10q.
If you believe a lower pps is near, than all of the DD means nothing. Anyone should not think the goal is to consume $37 million. Otherwise the bid price should be .01.
thoand, Just trying to make the weak hands fold. Sounds like a good idea. Li , should ask the executive board to buy LQMT stock by deducting 15% of their pay into a LQMT stock purchase account that becomes vested after three years and base their salary increases and bonuses on revenue results.
There are no weak hands with the long terms. Only reality derived from reading the disgusting 10Q’s quarter after quarter.
They boast about progress of LQMT, they anticipate sales, they tout the technology and advantages of LM in auto and medical, and that’s just the executives of LQMT. They even have a great sales team according to Bruce, who took over for the lead sales exec. PH, when he left.
I ask again; Am I/we missing something? If there is a difference between fraud and forward looking statements IMO, the difference just might be found between the results anticipated from the blogs plus other website postings and the results of the last 10Q.
I can only guess that the product made for zyris must have been a charitable contribution, since LQMT has so much cash. Did the account receivable go up a couple $100,000.00? No?
Of course I could be wrong, but the 10q was a bit disappointing, not unexpected.
They released no PR to legally bind themselves nor did they announce yet a contract. So in effect the 10q was not unexpected.
Mr Li take a bow your words of promise and patience has a new meaning; all talk, no results and little trust.
August was the month production was to start. Will we get a PR or a hot air blog?
Restore trust with contracts and a PR this month!
Looks like matt’s job is to solely maintain and upgrade the website and not much else. If his salary is more than $120,000.00, than perhaps it’s time to look for a new network architect.
Now since there there has been very little growth (practically none) for the past 8 years in terms of new revenues and the loss of some existing potentially big (government) contracts, only to be replaced with a few new new clients with minuscule new contracts, perhaps a new blog is needed to inform shareholders so that more accurate darts can be thrown while all await increased growth.
After all, as stated above there is not much in revenue growth, but much talk of progress from the executives on the LQMT blog. Progress, that has yet to translate into dollars. So maybe the executives should post there resumes on the website for what they have done for the company each quarter as many employees have to do for their Annual Review in other companies.
It may not bring in new revenue, but it would permit all to see if there is any dead wood and insure that the darts are being thrown in the right direction.
$150,000.00 for the quarter sounds about right if the estimated revenues for the new dental contract was received.
The DD on this board is great. The expectations for the DD is great, but pumping the DD sounds more like a LQMT blog. How is that working out for us right now? Its soothing but LQMT has lost 50% of it’s share value since last September.
The shareholders want to clap their hands but LQMT is not ready. Its very hard to clap with one hand in front and the other behind your back. It takes two hands.
Let’s go Bruce! Where is the big announcement? It’s due this month, this year August 2018. Or are you just another hot air balloon?
Good luck to all.
Since peaking in May 2015 @$27+, Eontec lost 75% share value. So much for the Li effect. So what’s it due to, dilution, sales, revenues, missed targets, increased COGS?
So why the post? Why? Because the buck stops with the CEO. Good or bad, the CEO.
So one begins to lose trust in a CEO based on his or her performance.
The trust that LQMT, can increase sales is due to a belief in it’s technology. That same trust is beginning to wane on the actual performance of mr. Li, not in the technology LQMT has to offer.
Reality is what it is, not what one believes it should be. The difference between the two = disappointment.
For anyone not able to deal with reality the difference = another plausible excuse.
Good luck to all.
The electric bill might cost 3x’s more too. But setting all of the costs aside. The income whatever it will be up or down is going to be far outweighed by the cost of operations to make and sell it.
The key here is LQMT will be shipping out new parts this August. For whom and the breakdown is not mentioned. Revenues for these shipments big or small will be reflected in the next quarter and not this month.
So if all goes as planned LQMT should begin showing increasing revenues from the third quarter on.
We can only hope they are talking more than $250 thousand per quarter and not another nickel being thrown into the tin cup that each long term is holding and waiting to be filled.
So far no value has been added to the shares of shareholders by way of promise or product since 2016. Any products sold or royalties received has only helped stabilize the pps. But adding value to offset operating deficits and cash burn has been stagnant.
Once again we have to hope, expect or anticipate that the planning costs to achieve increased value is intact.
The release of PH does not indicate that this is the case. Letting go of the person who was touted as the one who brought wealth in the form of experience and a sales team which has continuously sold very little. Indicates to a great extent that the blind are leading the blind.
A new ceo operating in absentia was not what shareholders had in mind.
There are too many historical negative memories here. 2018 I hope is the year the pendulum should be swinging from the red to the green. But from what can be seen, don’t hold your breath.
The fact that this non producing company has millions in cash to use or lose once again is an anomaly of incredible odds.
It’s not the cost comparisons of the metals. Its who to and how you market your service, your technology, your product. Medical approvals take time. Other industries are ready now and some require retooling. I hope the LQMT sales force knows the difference for increased 2018 products. It’s been one heck of a learning curve for all.
Good luck to all.
LQMT down 21.5% from last year .07 cents per share less + a small increase in share dilution. Is this the progress that the executive board was talking about or did all not hear and read that the time to make a product was cut from years to 90 days or less?
I’m going out on a limb by guessing this is not what Li meant when he alluded to shareholder value.
Just trying to deal with reality, but reality does not fit the talk of the entire LQMT executive team.
With all of the new resources and all of the new leadership in a growing global economy, why does it seem like this train still has not even entered the station yet so that it can leave?
I see some very good positive DD. As well as positive expectations. But around the web even the Apple LQMT rumors have dried up. Not the Asian Apple rumors. The Apple LQMT rumors.
Li is not talking, the blogs are not guaranteeing and no new marketing strategy is developing.
Seems like LQMT is holding back on a pipeline of projects. At least two or three NDA’s are a guess.
But reality is in the pps and volume of shares trading each day. So no new insiders buying indicating imminent news. I’m not talking about a JB pump of 2,3,4,5 or 8 million shares. I’m talking 20 or 30 million shares and a pps above $1.00.
I can take the rude silence, but the lack of progress and current share value is down right disgraceful.
Good luck to all
At current rate of sales tariffs have no impact. Speaking of sales, according to LQMT, LQMT has the best 28 sales reps. https://www.liquidmetal.com/exec-transition-power/
That is some implication of a pipeline. Or why is LQMT employing that many with so little contracts?
It would be nice to have the sales, the demand and have to worry about tariffs.
On another note. The government is reviewing all company purchases and trade agreements of companies here from China. Now that might have more of an impact.
In either case. The main concern is waiting for real growth in revenue to be impacted by politics.
That has been the real obstacle since inception.
28 sales representatives and very little to show so far. Now that is what is concerning. 100’s and 100’s of interested clients and little revenues posted on the 10Q’s.
NDA’s! Not according to the 10Q’s. Hope I’m wrong. But the blogs speak of expectations and hope and anticipations and promises, but the financial statement speaks of results as written. A tale of two cities.
Maybe one day and soon the 10Q’s will match the rhetoric of the blogs. At least there headed in the right direction.
Good luck to you, your posts are very informative.
In case anyone missed the latest LQMT guide, it’s here...
https://www.liquidmetal.com/wp-content/uploads/2018/04/DesignGuide4.4_v5-web.pdf
And in case you missed the latest color guide it’s here...
https://www.liquidmetal.com/wp-content/uploads/2018/07/OxidizedMetals_v3Webc.pdf
Whatever happened to the port fuel injectors? Are cars and aircraft no longer using fuel injectors? And if nothing has happened in the over six years since being displayed by LQMT. Then why are they still showing it on their website (not to mention some of the other prototypes)?
Has LQMT reached out to any auto/aircraft manufacturer? Would anyone know from any blog? Or PR?
Are not more people using fuel injectors than guitar bridge pins?
There are millions of cars on the road every day and multiply that by the 4, 6 and 8 or more cylinders per vehicle and you can get a very clear picture of what a contract might be worth.
Its not the lack of technology and investment in R & D holding us back, its the lack of investment in a new sales strategy.
As far as can be disseminated from LQMT, Li, has not added one iota not one dot to investing in a new marketing and sales strategy. Nor has the other executives.
There must be a good reason for this. Can they explain it? Who can?
How can a company tout medical, auto, etc., and on and on for over 15 years and have only 4 or 5 customers bringing in less than $1 million in sales?
With the advent of the new resources brought in, in 2016 and the new headquarters and new process and new and old clients coming back as touted by LQMT. How could they not develop a new marketing strategy from the outside?
What is missing here? What is the world not seeing that LQMT is seeing?
On the other hand maybe everything is ok and these thoughts are just an overreaction after years of disappointment.
Good luck to all
Maybe Hauck wasn’t the problem? Maybe Hauck wasn’t the only problem. It is easy to point fingers. Where does this go? Was Hauck hired to be the lead sales agent and marketing agent or for his MIM knowledge? does it take more than a year to know a person is not good at sales but good at developing relationships? The people at LQMT have a very good understanding of their technology. So did Hauck.
We might look at it this way. The departure of Hauck was not the solution.
The departure of the whole executive board is not the solution.
Selling the technology and to whom is! No one at LQMT as far as I know has stated that the world is not ready for LQMT, have they? So why no sales? Why do people here think we have to wait? There may be a lag time between prototype and orders, but two more years is absurd. Unless you’re focusing on one industry.
There are no reasons according to executive statements for not having a new client announced this year.
Good luck to all
Waiting for the Bruce announcement.
You are not kidding.
All thought Li would change things. He has. So far LQMT has a new location. All believed his multi million dollar investment would provide the resources for LQMT to grow. He has. So far LQMT has new equipment under a new roof.
All believe Li still will fill our pockets with a plan we no not. But we still believe he has one. A plan to make money with an undisclosed time frame.
What’s missing? Why no demand? LQMT has many years of experience. Why no more sales than a few guitar pieces, a few knives, a license agreement with Swatch and Apple, Partnerships etc. And why a two year moratorium on PR?
The executives by way of a blog tells us there is no progress worthy of PR. But there is progress worthy of a blog. And if you study the last blog, mixed oxide (Color) coating for metal is new for LM (not for other metals).
But why the colors if there are no new contracts? To attract clients, or just to add to the portfolio?
One can only reach two conclusions: 1. They have nothing in the wind or 2. They have to be mum while working on something big.
Right now the trading volume points to number one. But this also is due to no new news from PR. A catch 22.
The recent 10Q’s point to view number 1 as well. View number 2 is based on speculation, derived from rumors, DD and the simple fact, that the our minds cannot just fathom Li, giving LQMT $64 million and allowing the executives to make it or break it again on their own, while using the patents abroad to make money.
And if nothing is in the wind, why keep the doors open, why is the pps sky high above .001? Its not like LQMT is a bio-pharma company researching for a cure. It just has technology and not products to sell.
No matter which views we take it is frustrating.
Connecting the dots you have laid out defines speculation.
Not at all. The people here are not ignorant nor stupid and have their eyes wide open. They are well aware of LQMT ‘s history and potential.
Simply stating that based on the above. There are no other reasons to hold add or buy into this stock other than what each perceives in potential by pure speculation from all sources be it rumor, hype, blog or dd. Also stating the 10Q’s offers very little and is repetitive and there are no smoke and mirrors with LQMT.
You are correct. It’s a typo error. I used debt for deficit. My point was not about the math. Since all here know that share dilution has covered the deficits for the greater part of LQMT ‘s existence. The focus was on why anyone is in LQMT or would buy into LQMT.
The answer was and still is based on LQMT ‘s income history; perception of where the pps might go based on speculation and hype and adding in the best dd available.
Also mentioned was the (speculation) possibility of a LQMT-ConMed NDA.
So with a burn rate of $9 million a year and cash of about $36 million with little income, you have 4 more years of zero debt and more years of mounting deficits and share dilution with a pps headed south in a worse case scenario.
So I might be correct in thinking, that all here are hoping and betting on LQMT catching the big break between now and then. Hopefully much much sooner. Like this year for some and next year for many others.
Good luck to all
For what it’s not worth. $246 million in accumulated debt from operations + an annual burn rate of $9 million and $36 million in cash and unspecified assets including accounts receivable + any NDA’s. So these are facts based on the 10Q’s. The non facts are in the accounts receivables and the if any NDA’s.
So all no longer have to worry about the math, the debt nor the cash on hand nor any sales from companies abroad. For LQMT is in the hole and has been for a very very long time.
Heck! Even with new sales LQMT admits openly, that they don’t think they will ever be profitable. No smoke and mirrors with LQMT. Maybe habitual embellishments, but no scams here.
If anyone is in LQMT, it is not due to any known sales currently. If anyone is buying LQMT, it is not due to any facts about its financial statements, because they scream RUN!
All are in it due to what all perceives as the potential, when and if a sale takes place.
And as far as DD goes. There are no other boards that post as much DD as possible as this one. You can even tell that when a certain person (JB) writes, it looks like some of the info is extracted from this board mixed in with some gibberish.
From researching ConMed, it is quite possible that LQMT and ConMed May have already inked a NDA. But we cannot yet tell when sales developed from a prototype already made for ConMed, will be received in the form of income.
So for what LQMT is not worth, it is doing just fine.
Good luck to all
.30+ still possible late July
Bruce still might surprise us with a positive note.
If not then .30+ in August.