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I’ve heard some rumors of them being “banned” but I’ve never seen anything credible. There are rumors of longer drives but none of the accounts in your notes indicate this as an potential benefit. Banned by whom? The PGA? I don’t think it ever got that far….I suspect it was quality issues that derailed commercialization. Being banned because of creating an unfair advantage sounds like marketing rhetoric to me.
The Japanese are fanatical about their golf….they will buy them regardless. Let’s say they do provide an advantage and the PGA says that nobody can use them OR everybody can use them…your choice. The big market is Joe Blow who wants an extra 20 yards for his weekly golf.
We shall see!
The drivers from years back were a thin laminate affixed to the face of an otherwise conventional club. Nobody had the ability to make a thicker cross-section. Not an Apple to apple comparison. I’m sure all parties know the history and feel confident in the path forward.
Two press releases in one day! Now we have a golfing partner! How many press releases between now and March. I’ll guess 5.
Guess the “bouncing balls” video paid off.
Me too! But it’s in a portfolio of 7 stocks and the number of shares has the ability to dominate the overall outcome. It’s currently an anchor but I look forward to the time when it outshines the rest.
The focus will pivot to “it means nothing without 15 million shares a day” and “it only went to 60 cents…what happened to the $1 you promised.”
Tomcat….I’m not suggesting anybody sell their holdings….it would be really unfortunate to sell and witness the price explosion FOMO is really powerful.
Not talking high volume/low margin approach….what I am saying is that by providing an integrated package and relinquishing some control, LQMT can increase the rate of expansion/adoption. I don’t care what products Ford, Tesla, Amphenol or Apple make. I’m not in the parts making business…I’m in the technology commercialization business and I can sell everything you need to make you a leader in your industry.
I recognize the patent/IP situation and the PLA gives us access to Eontec’s expertise also. My impression is that Apple’s patents are application related (and they keep the materials development technology as trade secrets) China, in contrast, seems to be more focused on materials/composition/process technology.
Both are important.
I’ve been an investor in LQMT for more than 7 years and still have confidence in the technology and see us as getting closer to adoption. One thing that is somewhat disconcerting is the possibility of transitioning from a penny stock to the more conventional world of sales growth, P/E etc. My first thought was to consider “what would it take to have earnings of a penny per share in a year” …easy 900 million shares times a penny is $9 million in NET INCOME. Using a royalty business model …and a hypothetical 5% royalty says that sales revenue would have to be a whopping $180 million. This is a really big number that is far beyond what the MAZE could supply and bigger than a single whale…we will need several pods of whales to make this happen.
Next thought…maybe I misunderstood the business plan approach and there is another strategy in the wings. I started thinking about alternatives and the franchise approach came to mind. McDonalds had a great business model where they owned the property, building and equipment…sold all the consumables to the franchisee, provided business consulting (accounting, advertising, insurance, menu development etc). They make money by charging a BIG upfront franchise fee, rent on the property, mark-up on the supplies, administrative fee and a percent of the sales. They take a cut at every step and it works!
So…how can we adapt this concept to LQMT? We need “partners” and partners are reluctant to put large chunks of money into something where they can see risk (it’s the bean counters!). If a whale were to build a 20 machine facility …the outlay would be in the $30-35 million range which is a big roadblock so here is the plan to sidestep that problem…
Our partner, (the whale) is responsible for providing the building with appropriate utilities for 20 machines. They also have to have workers available to staff it as it scales up. This is their “buy in”.
We tap the resources of the MAZE for the machines…LK Machine fronts the machines (5 every 6 months) to the whale in a lease or lease-to-buy arrangement and LQMT takes a small cut. Li should be able to help here.
BMG alloy is sourced from either the MAZE in China or through Euctectrix or Materion and LQMT takes a small cut.
LQMT in North America or the MAZE agrees to provide technical support at prevailing consulting rates to assist with start-up and troubleshooting if necessary..
LQMT gets a royalty/license fee based on machine output that is calculated on either product value (difficult) or driven from BMG throughput as $ per pound.
It may be that this scenario in some form is already the plan….timing is by no means instantaneous since there are many “pieces/parts” to be coordinated.
I’m hopeful that it’s already in the works.
I set up this board to get comments for Global X Adaptive Risk Management ETF. This ETF attempts to time the market by tracking 4 simple parameters and moving between stocks and fixed income securities when the parameters reach a certaiin value. It trades under the symbol ONOF.
I own some and watched the ETF move from stocks 10 days ago then back to stocks today….it tracks the S&P 500 so it exited at 4700+/- and returned at 4575+/-. It rebought 3% lower than it exited so it seems to be working (once in a row). The ETF has existed since January and this is the first time it moved from stocks to fixed and back.
It’s an interesting concept but we all know it’s impossible to time the market consistently…..but….
I always counted LQMT as a negative beta stock…moving contrary to the flow.
Negative beta stocks have been a tough place to be for the last several years but today half my holding are in the green and so is the portfolio as of 3:48.
I thought I heard the ghost of Burgess Meredith from Grumpy Old Men 2
I’m having a big problem with all the focus on a NASDAQ listing….is it a surrogate for “I would really like to see $4?” If that’s the reasoning ….I don’t give a rat’s pittudie about NASDAQ. I would like to see $6 with or without the listing….just a thought.
I look at this as an indication of a plan and it’s probably one piece of something larger. Remember that Isaac Bresnick (and his wife Lili Yao) both were key figures in the start-up of Leader Medical in Amsterdam. Both understand the medical device market and regulations for Europe.
So…does MacB have a relationship with the MAZE…as a customer maybe? Lock washers would be in their wheelhouse. I love breadcrumbs!
Really funny…you must have been saving that one!
Definitely something in the wind….I expect a Christmas press release with a pleasant surprise.
Wow!….a 2 million share plop and the price only reacted slightly and bounced right back….impressive
Tony Chung served as CFO of SolarCity from March 2007 until January 2008…..not a particularly long time to develop a business relationship with Elon Musk…although Elon probably hired him and perhaps decided it wasn’t working.
Basically we can say they “crossed paths”
No quick access to a link that ties it all together but there are pieces…
Elon Musk bankrolled his cousins to create SolarCity in 2006….his contribution was $10 million and he assumed the position of Chairman. This continues until Tesla buys SolarCity in 2016 and turns it into Tesla Electric.
Tony Chung indicates on his bio that he was CFO of SolarCity but doesn’t spell out the specifics as to when or how long. Tony’s involvement withLQMT starts as CFO in December 2008. I’ve found two CFOs (Serra and Bursa ?) that served as CFO in the 2014-2016 timeframe but the best I can determine is that Tony must have been there in the first 2 years of SolarCity …2006-2008. This is a guess at this point.
We are early as far as inclusion in the your timeline but I plan to keep digging.
Bread crumbs…..Tony Chung and Elon Musk worked together at SolarCity. Elon was the Board Chairman when Tony was CFO so they obviously spent many hours together “face to face”. For better or worse…it’s just another crumb!
I agree 100% with your statements about LQMT. The patents, the cash, the potential partners are all pieces to build something significant….I think the problem is that BMG is so active in China that the North American plans keep getting pushed to the back burner…..spend 60 minutes researching Burcon NutriScience (BRCNj or BU in Canada….same credentials but having trouble with “lift-off”.
Stock down 3% but the volume is a meager 60,000. It appears that those interested in LQMT are enjoying the long weekend.
There are several ways to consider an investment in LQMT…..the first is that it is a quintessential asymmetric opportunity with a maximum downside of 10 cents paired with a potential upside of many multiples larger. The second way to view it is LQMT is an option on an interesting technology with no expiration date.
Both work for me.
No doubt that much of what Eontec is promoting to Tesla is plain old magnesium castings….not BMG . I’m thinking the magnesium battery compartment is too big for BMG but I’ll take the 500 million little ends on the batteries themselves.
There are many magnesium alloys that aren’t combustible.
I may be wrong but I don’t think sales have to go through LQMT to get royalties….if the products are going to North America or Europe, we should be getting royalties even if the orders are processed through Eontec and show up as Eontec’s revenue.
Comparing market caps…..BRCN is 200 million, BG is 13 billion and Nestle is 360 billion. Bunge owns 25% of BRCN. IF there were to be an acquisition, does it make sense for Nestle to buy Bunge (to ensure a steady supply of peas/canola) …pick up the 25% of BRCN in the process in preparation for acquiring the rest of BRCN?[
Good question….how does one accumulate (or distribute) 5 or 10 million shares of LQMT. At 100k a day, it takes way too long but being more aggressive will move the price and affect my ultimate return. A constant 100k or 200k/day of buy/sell volume is significant pressure. Gets us into the discussion about “theoretical float” vs. “real float”. I’ve always thought the stock behaves like the float is something like 20 million shares which is a long way from the published number.
My point being that the transaction happened on an uptick. The trade was 2x the 10 day average volume, which raises the question….Why the rush?
single transaction….760,000 shares on price bump from $.1016 to $.1025….interesting
Tesla has sold 220,000 vehicles in the US for 3 quarters of 2021….annualized to 300k…
Boatload of little disks!
A Tesla Model 3 has 2170 cells in the standard version and 2970 in the extended range. Is there a top AND bottom?
The molding quality (if it is) looks like crap but that could be because of being a very thin cross-section. The surface is only as good as the mould.
Keep that hopium coming!
LQMT is a stock that doesn’t correlate statistically to any index or the market as a whole. I’m looking for a tool that can identify a “Ratchet stock” one that rises when the market goes up but doesn’t fall when the market retreats. This s like the Holy Grail and I’m looking for ideas. My initial thought is to calculate something like a “rising beta” and compare it to a “falling beta”. In this case, a good stock is one with beta of 1.5 when the S&P rises and a beta of 0.5 when the S&P falls….I’m looking for a tool…has anyone seen anything like this?
RRG…Relative Rotational Graphing from StockCharts is similar to what I’m looking for but not quite there yet.
Not so true….to exercise the option requires the stockholder to pay the company the 7cent per share which works out to $70,000 cash on a million shares. On top of that the tax on the paper gain from 7 cents to the 10 cent market value is also due That would amount to another $10,000 also payable in a quarterly 1040-ES filing. The exercise nets $20,000.
Far better to sit on the options unril the price rises more significantly unless they will expire soon.
Typical drill is to exercise the options and sell 30-40% to cover the taxes and purchase costs and sit on the remaining shares purchased at an advantageous price.
They can’t…..they have to buy the shares from the company at the exercise price so LQMT gets paid.
If options are exercised at any price, the exercise price will show up as income in the 10Q. Seven cents times even a million shares is $70k so it’s impossible to hide.
Thank you …the YouTube video spells it all out.
I think I missed something about the battery pack…..the battery pack itself is 1300 pounds on the Model “S” and it’s composed of thousands of individual cells connected together. So when we are talking battery cases, are we referring to the individual cell cases or the compartment they sit in. The compartment is large and is structural so that fits with previous comments.
Raises a second issue…if it’s big…how is it manufactured on our equipment?….it certainly isn’t 100 one pound chunks snapped together which sends me on another tangent
Manufacturing with the106 alloy requires an oxygen free environment to ensure quality…is it possible that the magnesium based BMG doesn’t have this requirement? This would be a big breakthrough and would open the possibility of processing BMG parts on Tesla’s Mega-Moulding machines. Some sort of process modification to open the manufacturing window would be incredibly impactful.
Do you really think that “if the stars align” and the stock jumps to $1 that these guys are going to exercise their options and miss the move to $5 potentially…..don’t think so….perhaps exercise a small portion but I don’t think they will run out to cash in.
Let’s do some math….1 million shares….cost to purchase 100k….tax due on $900k gain is $350k… net out of deal is $550k. Even at this quantity, I would be spreading the gain over several years to minimize the tax.