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Use this site to read 2018 proxy.
https://liquidmetal.gcs-web.com/static-files/64c31890-75df-420e-ab77-ff6a83d56c95
So far the use of the words liquid metal for a iwatch style means bubkes and dukes for LQMT as many other companies use those words to describe a product, process or service. For example:
https://axsh.jp/news.html
For if the sales of the watch had any direct impact financially on LQMT ‘s bottom line a 8K would have been publicly disclosed.
Very sad when people run to and fro in any and every direction when the words liquid metal or Liquidmetal are thrown about in the world of the WWW.
Clearly the LQMT volume would have shot up 5 Square at the moment of a company like Apple using LQMT in it’s watches or any other product. The SP would have also popped in like manner.
Seriously!
Let us all hope LQMT can find it’s way back to CE. But until then, its all about medical and auto. That is if you believe in anything LQMT is stating for the past few years. Stay with the facts. Everything else is pure speculation.
Do you think LQMT would still be trading as a .18 price if it were true?
Its ok to except crumbs. But I prefer them to be real. Not artificial. The volume and SP knows the words liquid metal on the iwatch is artificial.
But we all can hope it means something else may come in the next iwatch. Something real I hope.
Brief note:
https://mobile.reuters.com/finance/stocks/overview/300328.SZ
Zero growth 3 years. Negative Shareholder value 3 years.
Li a genius, really? No financial filings
Well, another week goes by. The markets hit new highs and you would not know it by the charts of this company. New factories, more jobs and higher incomes. But what of this company. From them, are there any sounds or hints of any activity other than welcoming KK and permission to add a power upgrade? No there have been no sounds good or bad, to inspire anyone into buying or adding period!
But if you follow this board, there are plenty of sounds for adding and buying. Based on what? Cheap price, it’s a bargain. Now that is true. It’s also true that LQMT is a bargain at .06 and .025 too. It’s a bargain at any price if you believe any equity at any price will take off and rocket up again and again.
When my advisor advised me to buy amzn at $400. He said it was a bargain too!
So on this board we have and rightfully so, investors who are upset with the declining shareholder value ($300+ million market cap to $170 million), lack of new revenue growth and silence. On the other side there are those who rightfully feel and with high expectations for a breakthrough to the upside based on Li ‘s investments, LQMT blog posts, patents, external website info and logic that is based on; who in there right mind would throw away $64 million?
Seems to me like both sides are correct. One view based on history and present day facts and the other basing investing on logic and expectations from that logic. Let’s all hope that logic wins out against past and the present day reality of a declining SP over the past year with no signs of stopping. (Based on actual 10q data and zero PR).
One more crazy thing to add to the mix. Gamesc, myself and perhaps a few others here in the past were able to view the uploads pages of LQMT in the past. Those pages were snapshots of LQMT ‘s past and present activities with possible future opportunities. LQMT (Martin) recently blocked these website pages. However another in-depth search has revealed that as late as 2018 the company still appears to have been working on CE parts.
So I have to conclude a few things. A. The company is prohibited from selling CE but not from manufacturing CE. Or B. (speculation) Have they been granted a limited waiver from the MTA? I do not want to guess. When uploads from the website were posted here it led to LQMT restricting most of those pages.
Hence, once again I will not post the 2018 website page with the pics of the CE parts. In any case it’s not a bad thing.
Until LQMT strikes oil or next week, whichever comes first
Good luck to all
OT: Many years ago the big brokerage companies put restrictions on certain accounts and advisor fee accounts. In many of my posts I mentioned that companies with less than a $300 million market cap prohibits a investor with an adviser to buy equity worth less than that amount.
If you have an adviser, he or she should have explained the reasons behind the restrictions. But if you have a self managed online account there are no restrictions. If you have an account with an advisor, but pay a trading fee for a buy and a sell that is not in a retirement account then they still must warn you and put the trade through as an unsolicited trade. But there are more stringent rules with retirement accounts. Prohibiting from you buying pennies or equities under a specific market cap was meant to preserve there fees based on your account size and your wealth. Of course they will tell you that your wealth comes first. They also have a legal obligation to direct you away from equities with little trade volume and otc B.B. stocks that have no obligation to guarantee you the sale of an equity. You can also recoup in many cases up to $100 thousand if you lose in a penny stock and you were not advised not to buy it. Another reason why ML, UBS and others do not want you to buy a penny stock.
Good luck to all
i7sqared, It’s a valid buy and hold strategy. Your exit strategy by death would be a cure for insanity. One I do not recommend. I too hold shares in large caps and mega caps, Apple, VZ, MO etc., for dividends and appreciation. Of course there are other strategies I use in retirement that many others use as well. Such as a floating rate fund a defensive fund. Momentum also is used and has done very well. But if there is a reason to sell to protect principal with the mega caps all should have one. I never sold Apple, VZ or MO or Kimberly during the crash of 2008-2009. But all of the others were sold except for LQMT, which we all wish would be affected by rallies and crashes.
Thank you for your comments Eagle 1947.
Very interesting indeed.
Quote from BBboy: “Selling now is indeed a very big risk!”
Not advocating for anyone to buy, hold or sell. Stating simple facts and discern between opinions and DD. Quite often opinions are taken as DD, when in fact they have nothing to do with LQMT or it’s ability to generate revenues.
Just so that everyone knows. Selling of any equity carries no risk at all. The buying, holding and selling has to be and should be an individual choice. LQMT does not give any investor at the moment a reason not to have an exit strategy. Actually having no exit strategy or not having a partial exit strategy in any equity defines Einstein’s definition of insanity. And that includes amazon, google and apple stocks too.
The temptation for using the upward momentum theory is always present in micro small cap stocks but seldom achieved unless one buys a basket full of 50 to 100 micro cap dice rolls. I am not a micro cap investor. LQMT gives no one at the moment any reason to go out and buy. Not even the executives are buying.
Like I posted all have eyes to see and ears to hear. It is an expression. I see no DD recently that is causing any new interest in the stock. I do see some very good opinions. Unfortunately none are from the company. Also stated in my last post was more in line with your position. Hold on long enough and we may hit oil.
This is not spin. Trading under .25, recording under $60,000 for the last quarter, and anemic trade volume, and not inking a deal in many years to achieve growing revenues is not spin.
Thinking that Li invested in LQMT to make money is not spin!
ITS REALITY!
Good luck.
So, another week went by for all shareholders in LQMT, without any news of progress or any client signing on, regardless of industry targeted by the company.
Thus all can expect a continuing slide in the SP unfortunately.
What makes LQMT, as far as progress goes more difficult to ascertain,is the recent blog posted by a self-proclaimed analyst of LQMT. Having much theory and little facts and a very small following. Each time a blog of his is posted and sent to his flock, there tends to be a small pop in the SP, (meaning 1 step forward and then two step backwards) with a continued long-term decline in the PPS. The decline is not the blogger’s fault.
LQMT can graciously or not take a bow for the decline.
So, when the volume temporarily spikes up, it becomes more difficult to detect if new insiders are buying instead of the bloggers flock. Thus much time is wasted scouring SEC forms to see if there are small pockets of buyers from other sources other than LQMT and their current shareholders.
New insiders are people of other (outside) companies who buy on rumor of a pending or unannounced agreement (legal or illegal).
As far as this board goes, hope is not DD. Nor is Li’s plans and wishes for LQMT. That too falls under the category of hope.
For now hope is the only positive force going for LQMT. The real DD remains with our thoughts as to why China, through LI transferred $64 million, bought 400+ million shares and moved to a new headquarters.
So far there is in fact, very little to show for the purchase of patents and integration from Eontec. This too some posters here may dispute.
12 projects in the works according to the executives, 100’s of more interested clients and quarterly income under $1million, under $500 thousand, under $100 thousand is DD enough for anyone with eyes to see and ears to hear.
At this point in time as in any point in time with this company. The only reason to hold or buy has been hope. I have said it before: if you dig deep enough in your backyard, eventually you will find oil.
LQMT has been digging for oil in their own backyard for a long, long, long time now, and whether you know it or not, all long terms in this company have been too.
So if you want to get giddy over a blogger’s post or a poster’s hierarchy business flow chart of Li & Co. go ahead. Hope is good. But just remember we haven’t hit oil yet.
No matter how we feel about someone’s post here, we are still looking at a micro small cap, with very little momentum upward and very little volume interest trading above .06 and under .25.
Until next week or until we hit oil (whichever comes first),
Good luck
Gamesc, before they might take it down:
http://www.lqmtchina.com/detail.aspx?id=265
Was PH canned because he may have lost ConMed. That would explain the SP drop, along with other speculators selling out. Or did Bruce and Bryce salvage a piece of the ConMed puzzle?
A closer look at medical equipment used by ConMed reveals they use carbon stainless steel in many of their precision products.
There are other companies as well currently manufacturing carbon steel. ConMed currently contracts with another company for their carbon stainless steel. Conmed protects their contractors with NDA’s. However, digging into their catalog of 488 pages does reveal some of their contractors by their protected trademarks and materials used.
If Bruce and Bryce did manage to salvage any part of the relationship with ConMed, it would be huge. Although neither side is talking, it looks like a deal is still on.
There is not a trace of anything new happening elsewhere. No more talk of invisible interested clients and that’s a positive.
Serious Shareholders just want the facts. Pumpers just want to hear from a flim flam executive or follow a narcissistic blog pumper.
Until next week or breaking news,
Good luck to all.
ConMed and IWatch still on the table. No reply needed.
So last year, all were pumped up around this time of the year on the new ceo, the web rumors and hype and expectations of an Apple-LQMT partnership product, the anticipation of the OH and the expectations of contracts soon. Both short term and long term.
All lnvested and those who were not or did not bight, know what happened. LQMT fizzled and lost 40% of it’s SP, from .41 to .24 on average and lost 40% of it’s market cap. The hype was over, the rumors diminished. The open house thought to be successful, was discovered to be incomplete, when it was discovered that the new headquarters lacked sufficient power. As far as contracts and licensing of a meaningful size never materialized (which had little to do with the lack of power) the SP has dropped another 25% to where the SP is today, .018.
So this year the hype is gone, rumors are few, the realities of what LQMT is, is reflected in the SP and not by over expectations. Thus we can expect the SP to hold and not see another huge drop for the drop has already occurred. The SP will now drop or rise on performance and not on hype. For the rumor mill has dried up. The pumpers, like LQMT, have been laid bare. Trust in the new ceo is slowly evaporating.The only thing that remains from the silence and lack of success is hope. Hope that LQMT, can pull another rabbit out of their arse or actually sell to increase revenues and not just talk about selling or expecting.
Many here have given them 10 years or more of their patience to succeed. Others less. The time for LQMT is now, not tomorrow, not next year. If you’re not ready, state it plainly or resign! If you need more time, state it plainly or resign! If you have nothing, state it! For all here who own shares have that as well and see it in each quarterly statement and the value of their investments.
LQMT, If you have no new contracts or partnerships or customers to speak of. Then have at the very least the decency of having integrity and state it. When you state in a blog we sent out some parts...it means nothing, when you welcome a new sales officer without stating their credentials, it means nothing. When you state the SCE approved your plans for the power upgrade and for LQMT to give contractors the go ahead without mentioning estimated completion. It means nothing.
For over the past 17 years all LQMT shareholders have watched aside from talking is the success of the company selling it’s CE rights and now it’s patent rights abroad in Asia and elsewhere. But actual contracts here of a substantial amount, zero. All true value so far has been achieved by selling it’s heart (Apple) and soul (patents). But value to shareholders by way of contract revenues from parts from prototypes is elusive.
Until next week
Good luck to all
Should LQMT secure a contract with this company, then the pps is cheap.
http://www.conmed.com/-/media/conmed/documents/catalog/hall-powered-instruments-system-catalog.ashx
Thousands of parts can use the low carbon stainless steel touted on the LQMT site.
No reply needed.
You tell me.
Getting back to KK the new sales exec., vp, sales guy, whatever. Did LQMT really hire a person to replace ph or did they just say they did. You tell me.
Please read and take your time:
https://www.sec.gov/investor/pubs/readan8k.pdf
Now as far as I know (very little) the last 8K filed was when ph resigned back on 6-22-18,
filed 6-28-18 under item 5.02.
Normally this would trigger a pr event and not just a blog.
The hiring of a replacement would also trigger a pr event as well as a Filled Form 8K.
But what do I know (very little). You tell me.
It is this type of opaque behavior that keeps other dice rollers away and as far as the high stakes rollers, with a market cap headed further south of 300 million, we can for get about them too.
You tell me. Did they hire anyone? Are they in violation of 8K rules? Has anything (aside from the rhetoric) changed?
Until next week, Good luck to all.
PS nice going B.B., trying to cover your arse with a blog on the last day of August. At least you covered 1/2 of your arse.
They hired unknown kk to replace known ph. We know as much about him as we do about LQMT ‘s short and long term plans. Makes all feel very comfortable.
So far as can be seen. The auto, medical, sports and aerospace industries have rejected LQMT. And as far as NDA’s go, if any were ever signed, none have showed up in terms of revenues. So no NDA’s either.
Which leads into another question. Why replace ph? There are no pr’s, no new bs blogs, no response to shareholders concerns, no progress that has increased any confidence or has resulted in increasing revenues.
A suggestion might be for all here to take a break and come back next week. Maybe we will be surprised to know the sky has not fallen yet.
In any case. A one week break might be healthy for all.
See you next week. Hope there is good news.
It’s not about doom sayers or la la land enthusiasts. Its about what has LQMT done for us today? Are they close to a contract? Who knows? Did the OH give all a good feeling and an impression that something might be in the works? Did the blogs give another impression that a faster process was in the works and new clients were lining up? Did they not promise or indicate production starts by August? Did they not say increased share value was one of their goals?
Its about the lack of accountability. The lack of results, the lack of integrity not the lack of patience that has brought about the doom and gloom. Not the tiny minority shareholders.
Would anyone be happier if the pps were at .06 but the posts were upbeat? I think not.
When LQMT inks a deal the gloom will fade and confidence will be restored.
It’s all on LQMT. They have earned the criticism. No one here wants them to fail.
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?