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My initial contention was with Aliaz's point that "Apple had nothing to gain from LQMT"
You chimed in to that conversation, and I am glad to see that you admit that there could indeed be some gain from Apple from it's renewal with LQMT.
This yearly renewing of the agreement by Apple with LQMT is intriguing to me. Honestly, I am not sure what Apple has to gain, or why Apple continues to renew. But I do think that it speaks to the point that there might be more going on this relationship between Apple and LQMT than what we currently understand, or than what has been revealed.
Therefore, my other point that anyone who believes they understand this relationship between Apple and LQMT is just showing their ignorance.
Pappy,
First you argue that the only reason Apple renewed with LQMT is to cover all their bases. Yet you have no idea what bases they are trying to cover.
I don't think you have adequately addressed the issue I raised regarding WHY would APPLE pursue a renewal with Liquidmetal, if APPLE has nothing to gain from LQMT. Again Apple initiated the renewal.
And what "bases" exactly are they covering by renewing? Please provide substance behind your argument.
"Apple does not need LQMT for anything."
On the surface level, I would agree with you.
However, the one thing that puzzles me about your statement, is WHY then does Apple keep renewing the license agreement with LQMT, if there is no need for LQMT on Apple's part. It's not LQMT renewing, it's Apple taking the initiative.
Apple seems to have all they need, yet they keep renewing with Liquidmetal!
There is something to this that we don't understand or have knowledge, as the insiders do.
Anyone who thinks they have the Apple/Liquidmetal relationship all figured out is just revealing their ignorance.
A question each investor needs to answer for HIM or HER SELF!
This company is failing miserably!
Do they really think shareholders buy into their spin? Calling failed prototypes a "learning process" is a spin on a very bad situation. These failed attempts are costing shareholders millions of dollars.
And I do remember Steipp saying 2 years ago that they had a IM machine and were ramping up for orders in the next quarter or two. Now we are being told something similar 2 years later.
I am not sure what to think of all this, or today's CC.
At least they are not going bankrupt yet. I still think this company has a 1 in 10 chance of commercializing this technology. We all know the risks.
Back lit logo not going to happen!
http://www.gsmarena.com/apple_logo_at_the_back_of_the_iphone_6_is_just_a_regular_one-news-9311.php
Hey Pappy,
Did you ever buy back in after selling off your shares?
This is gaining some traction and might be legitimate.
It would make sense to use Liquidmetal for the Logo considering the radio frequency friendliness of the material, and a very appropriate first run of the product on a smaller part using IM machines for Apple.
http://www.todaysiphone.com/2014/08/liquidmetal-make-first-major-appearance-september/
Don't expect to hear any significant news of contracts, or revenue in the cc. Hauck won't even be attending the cc--Not good.
Silence is no indication that the next word will be real. Been through this many times before!
The advancement of this technology is a long shot, and most likely will not succeed. But if it does, then will come the reason all investors are taking the risk.
Sounds like we may be in for a long freezing cold winter as well!
If Apple does not use liquidmetal in any of their new products this fall or early next year, this stock will plummet into a black hole.
The only thing holding this stock up to .24-.25 range is the speculation of Apple using liquidmetal in iPhone or iwatch. If this does not happen, we will see this stock sink to new lows. I don't think we are talking a 50/50 chance, but rather a 1/10 chance that liquidmetal will be used.
It's really disappointing to see Steipp and his crew sitting around waiting for Apple to do something for them, rather than producing contracts and revenue themselves.
I asked Tony Chung if they had a plan to produce revenue and contracts in the short term to enable Liquidmetal to hold their head above water without diluting more. He brushed me off and told me to ask at the next cc in August. I can't even get a straight answer out of this company.
I don't see any milling marks on the inside of this iPhone 6 case. This is very unusual for an aluminum case, but not for a liquidmetal case.
http://www.businessinsider.sg/heres-what-the-gold-iphone-6-might-look-like-2014-7/#.U81ROlZzcds
Watts,
Take a look at this recently leaked photo of an iPhone 6 back case.
http://forums.appleinsider.com/t/181468/rumor-rear-shell-for-4-7-iphone-6-shown-with-inlaid-apple-logo-in-new-photos
It is interesting that it has no inside milling marks like all the other aluminum cases we have seen over the years.
Any thoughts on this.
Lets not exaggerate the situation here. Last cc they had 11 million, and said they had enough cash to last them until mid 2015. In addition, they still have another 9 million dollars in shares they can cash in.
So I don't see the logic in advocating that this dog and pony show is to dilute the stock further. It may happen again down the road, but I don't see us there yet.
Let's keep the facts straight, and the hype according to the facts.
Hey Zombie,
You forgot to mention that they gave themselves golden parachutes and major raises to their salaries in the process of diluting this stock!!!
If you are going to bash the stock you might as well get all the facts out there.
Nevertheless, I am holding onto my shares until this company either goes bankrupt or it takes off to the moon! Probably the former, but I am betting with this technology rather than against it.
You just seem to be around as a basher, not sure what your motive is.
I don't think we are going to see liquidmetal this year in a Apple product in any significant way. We are to close to September release of the iPhone, with nothing significant in terms of leaks of Liquidmetal for the casing. Most of the speculation is toward an aluminum casing.
I also think we would have heard something about the iwatch casing already, if it was going to be released this year. No significant news by July is not a good sign. Also, the fact that Apple is just now hiring 3 key staffers for iwatch design/sales etc. is not a good sign that they are ready for production.
I am afraid we are most likely in for more dilution, in order to keep this company afloat. I hope I am wrong.
A poorly written article, in my estimation, only providing partial information in an attempt bring the stock lower. Someone or some group is attempting to get this stock lower. I hope that's not what the insider sell was about last week, since this would be illegal.
If you don't know how Apple will receive royalties from Apple if liquidmetal is in the iwatch go back and read some of Watts posts.
You should start doing your own DD, rather than relying on others to do it for you.
Watts,
You make all good and valid points! I appreciate you always keeping your feet on the ground, and making points that compel others to do the same.
Watts is right, without news the share price might go a little lower next week, but probably not much do to speculation of the release of iwatch.
1. iwatch speculated to be released in September-October 2014 time frame
2. strong speculation that iwatch will contain Liquidmetal
3. Apple is currently trying to get FDA approval for iwatch as a medical device.
4. If iwatch is designated a medical device, Liquidmetal will receive mega royalties from Apple
5. Jony Ive recently said Apple will use new materials in future Apple devices. One of these materials they have been working with for the last few years=Liquidmetal.
6. Liquidmetal in the iwatch will mean a new beginning for Liquidmetal in September-October
Most likely we will be disappointed in September-October, but it's possible the iwatch release will turn this Liquidmetal ship around in the Autumn. This is why, in the short term, the share price won't drop down below .25, and why most investors are not selling off.
This is not headed back down to .21. Charts don't mean anything with this penny stock.
We will continue to climb until Sept-Oct. Keep your eyes on the iwatch promos that come forth. If Apple releases the iwatch in Sept-October as a medical device with Liquidmetal, this will be the start of a new beginning for Liquidmetal.
Right now I am betting with the technology, rather than against it. But unfortunately Steipp has not shown himself to be an innovative leader, nor one skilled to move ideas to implementation to get this company off the ground.
To be honest, I think our only hope is that Apple's R&D pays off for Liquidmetal. But even here we are betting on a long shot, and there is no guarantee that Liquidmetal's management will make wise use of Apple's millions spent on R&D.
All in all, I still think in the short term the stock price will move in a positive direction, because of iwatch speculation containing liquidmetal. September most likely will be a big let down, but there is always that 10% chance that it will be the start of a new beginning for Liquidmetal. I think it's that 10% chance that keeps investors like you and I in the game.
I couldn't agree with your more! I know my bank account has suffered from managements constant dilution, and failure to perform for the last 4 years.
If the share price goes up, depending on what the news is, I may end up selling at a break even point. I don't think I want to be in this stock for 12 years like you, only to be frustrated year after year. I have other ways of investing my money that may not get me rich, but will provide what's needed.
I don't think we are going to be down here much longer. Too much speculation for liquidmetal in the iwatch. The pumps will soon get this stock price moving in a positive direction. Sept-Oct news in regard to iwatch will either skyrocket this stock, or sink it back down to the teens or lower.
It's too risky being on the sidelines right now waiting for the stock to come down further in price. I believe this is why we haven't had a major sell off since news of insider selling.
OLD NEWS and OUTDATED. The most recent rumors say the cases will be made out of aluminum. Our only hope this year with Apple will be in the iwatch.
I don't think this stock will be going much lower, inspite of the insider sell.
There is still too much potential on the upside considering coming contracts, and the strong possibility of liquidmetal in the watch. Probably why we haven't seen this go below .25.
I just saw the news about the insider sell. It really sucks that when we get a little hope, it's usually an insider that comes along and crushes it.
As far as I am concerned, its never a good sign when an insider sells off 500,000 shares. It may be another signal that we are in for a longer wait than expected, before anything significant happens with contracts and revenue.
If the iwatch is classified as a non-ce medical device and uses Liquidmetal what are the varied ways that Liquidmetal would recieve royalties and revenue from such a situation?
Great close, with average volume today!
We are not going to be below .30 much longer. The train is out of the station. Another piece of good news over the weekend and we open at .35 on Monday.
Watts is spot on with his summary of the current state of Liquidmetal and Apple.
For the first time in 4 years, the positive momentum for Liquidmetal seems to be coming from credible news, rather than just pump and dump PR's:
1. "Liquidmetal Technologies and the University of Southern California Team Up to Develop Liquidmetal Sheets for Potential Applications with NASA"
2. "Liquidmetal Technologies Demonstrates Material Performance In Collaboration with Jet Propulsion Laboratory"
3. Jony Ive's interview in regard to apples design process, product and materials
4. Apple extending the licensing agreement with Liquidmetal for another year.
5. The credibility and potential of Hauck in sales
6. IM machines now perfected for commercial production
I don't think this stock is going to be under .30 for much longer, and will continue its climb upward as more credible news, mixed in with pumps, is released.
The train is leaving the station, many will be left behind.
Haven't you heard. Its a guarantee liquidmetal will be in both the iphone 6 and iwatch this fall!!! Someone should buy all the liquidmetal shares they can get thier hands on and hold Loooooooong. I am sure that's what you are doing. Right?
Watts,
Do you think it's possible that Materion and Engel could create the IM machines and liquidmetal ingots needed for Apple's manufacturers to produce the iPhone 6 cases by September-October time-frame?
I don't think we are going to see many more dips in the stock price in the short term. There is enough going on with Liquidmetals R&D, which Hauck applauded, and with Apple speculation the next few months that should keep the share price steady and rising.
Although I am encouraged by the reports coming forward in the last few months, the bottom line is we still don't have any contracts or revenue. Until we see contracts and revenue, all we have is hope DEFERRED. I am waiting for the day of hope REALIZED.
Eagle,
If you don't know what it is they have to sell, then you probably shouldn't be invested in the stock. The answer to your second question is anybody's guess, but most likely one of the partners with whom they are currently working.
Nice post Oracle.
I am hanging on to my shares-3+ years-because in spite of our plight with managements track record, I believe this company will eventually succeed. Apple using Liquidmetal, Hauck landing contracts, a "white knight" buy out, or some combination of the three eventually will be the solution.
In the mean time, I live with shares diluted by more than 50%, while CFO Chung exploits the situation for his gain with my hard earned cash to pay for his shares on the cheap.
Steipp and company have made projections of sales, without delivering the goods.
The problem is they have no skin in the game, and have instead used our skin to line their pockets with raises, golden parachutes, and more shares on the cheap for themselves.
All liquidmetal has provided to investors in return for their skin is an offer of hope. But hope deferred too long not only depresses the soul, but also drains our bank accounts. This is our current reality as investors with LQMT.
I don't believe we will ever see these numbers materialize before Liquidmetal is bought out.
Why do you think management set up their Golden Parachutes last year? Also, Steipp only has another year before he retires, and I am betting we see this company exchange hands by then.
If this company is bought out, it will be based on it's potential, and shared patents with Apple, not on it's current revenue. But we will have to wait until after February 2015 for a buy out, since Apple renewed its license with Liquidmetal, which prohibits Liquidmetal from being sold until then. It will be interesting to see how Apple responds to a potential buy out of Liquidmetal by another company. I think it will be a test of how much control Apple wants over the patents, and if they are willing to TRUST another company to share the patents for application in the Non-CE areas.
Personally, after being invested for close to four years in Liquidmetal, I don't believe Liquidmetal has what it takes to succeed in terms of management or finances. It's going to have to be bought out to move it forward as a cutting edge technology that saturates the worlds market in Non-CE areas. Steipp has been a great disappointment, and has not been able to deliver the goods under his watch. In fact, the only thing Steipp has accomplished in his watch is dilution, and turning LQMT into a day traders play ground.
This stock is day traders play land.
The only thing keeping this stock alive is the relationship with Apple, and the funding Liquidmetal generates from diluting common stock, because of their relationship with apple. Without Apple LQMT would be worthless right now.
If we don't see anything significant materialize in terms of revenue by the end of the year, get ready for more significant dilution.
I hope Steipp is able to turn this around into a real company, instead of just creating more dilution because of his inability to perform.