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I think LQMT cease business immediately and we shareholders should be given Eontec shares as a lovely parting gift.
We would all be better off.
Have you considered that the longer LQMT working knowledge, patents, inside secrets and all other IP....the longer it's "over there" inside the maze, the more blurry it becomes to remember where that information came from?
As time goes on the LQMT IP will be tweaked and modified; being combined with Eon and Yihoa technology. Further convolution.
Point being, not only is there disregard for LQMT today but when some future BMG item is shipped to the USA; I'm thinking Luges Li's Maze won't give a damn to make sure the accounting is right because they won't feel obligated to remember the origins.
Yeah! The Apple Ring! That 100% LQMT thingy that is an Apple iWatch wrapped around your finger.
And the most obvious reason why LQMT as a stock, WILL FLOURISH, Lugee owns 410,000,000 shares. It's NOT HARD at all to run revenue thru LQMT doors and increase Lugee's net worth by $420mm or $1 Billion.( he is first and foremost a businessman)
You are exactly right Lugee Li is a businessman. In order for him to make his 410,000,000 shares valuable he has to increase the value of the other 500,000,000 outstanding shares. So, being an astute businessman there is no way in hell he is going to do it. There is negative incentive. In his mind if he wants his 410,000,000 shares to be worth a dollar each, he is going to have to give away $500,000,000.
Sorry Charlie, Lugee Li the businessman will look at this problem the best economic way it fits him. That best economic way is too increase wealth through some Maze company where it doesn't have to split his hard work with 500,000,000 other shareholders.
Hey! Hey! Hey! You are standing in my light!
.60? NEVER!
My LQMT obsession?
Or, I am not a good listener?
;0)
Watts, are you declaring the Center of Excellence dead?
Or are you just disappointed it never lived up to its name of being a center of anything?
I wish my "Good Post" average was as good as yours!
I'm not so sure I am even 1 for 650 right now. Damn....
I am really hoping that this coating on the new iPhone is made by John Kang and not that other Apple BMG supplier Glassimetal.
I am really, really hoping that John Kang is making wheelbarrows full of Apple dollars.
‘Cause the conventional wisdom of this board is that the outcome of LQMT v. Kang is a slam dunk case, right? So all we need is for the jury to give us the full award of damages and then all LQMT investors will be living on easy street; even after our attorneys take 33%.
Isn't the evil John Kang in the LQMT coatings business? Isn't he the authorized distributor?
Yeah, let’s talk about that stupid lawsuit or BMG eyeglasses
Because there is still money left in the bank, LQMT LF can continue to linger. And if they need some technical expertise or otherwise have some busy work....send over the task.
Your answer is what ever the owners of Hong Kong LQMT will permit to trickle down to LQMT shareholders.
Frankly, I don't believe they have any reason to share with LQMT shareholders: they will view the sharing as an unnecessary expense and just plain ain't gonna do it. They took what they wanted from LQMT and now are suffocating it into extinction.
Another way to look at it. Let's say you as a shareholder felt LQMT was entitled to whatever large dollar amount per share you can imagine. That large amount per share never gets paid. What are you, Mr. Shareholder going to do about it??? There is nothing you can do about it.
Sorry Charlie.
Auction those assets LQMT, I want my special dividend!
Our Golden Opportunity To Make LQMT Work For Us
So ummm......since we shareholders believe that LF manufacturing is no longer a functioning business unit. Shouldn't we shareholders demand an Auction of the degating machines, the new furnace, Engle and Eontec machines, and all other production assets?
Taking those proceeds and distributing via a special dividend???
No shareholder is going to get rich or even meaningfully recoup their investment but it would send a strong message to Mr Li that "Hey, we are here and you have to serve us. We are not going to let you snake the assets of our company out the backdoor to cheaply strengthen one of your Maze companies."
Except for the buckets, sponges, and garden hose from the Bikini Car Wash. Those belong in the iHub Hall of Fame.
So we, as a board; are saying that LF from this point forward is no longer manufacturing???
But LF could still be researching and developing.
And....administrating; can't leave those important people out.
100% Jealous!
You are living the dream DMN.
I'm glad you brought up damages....
Let's say LQMT slam dunk wins this case. There are all kinds of damages a winning plaintiff can request and they can theoretically ask for whatever they want. But every judge and jury in the world is going to want those numbers quantified so they know if the award commensurates with the measurable loss.
Boy, is that going to be hard for LQMT. Are they going to say we lost sales? Are they going to say we lost customers? Are they going to say they were prevented from entering a business segment? Are they going to say LQMTs reputation was injured? With no purchase orders, claiming your anticipated business is moot and RFQ's don't count.
Now I'm going to go out on a limb and say that if it ever comes to this, perhaps surprisingly Tony Chung will have absolutely no trouble providing the supporting accounting documents on time. Yeah, knock me over with a feather.
I'm also going to say that those supporting financials will be abysmal. Pathetic to the point a judge or jury says No Award.
And these same type of financial issues may be brought up during trial. You can't claim injury if there was nothing there to injure.
Finally, to illustrate what a waste this litigation is; even in the slam dunk scenario and LQMT gets everything you could possibly imagine awarded or reimbursed; you take that hypothetical number and divide it by the 900M outstanding shares and then tell me what a great thing making the evil John Kang pay is.
In a few short weeks it will be the two year anniversary of the last open house. It will coincide with the anniversary of the last time our CEO was inside our only location.
Is anyone doing anything special?
I don't know if sending a girl to pop out of a cake is too old school???
Is just a card too shallow???
Thoughts?
Here’s something everyone should be confused about: Is Jason Bond a good guy or a bad guy?
And if you think he is such a good soul, what does he think of this mess?
You are right there are quite a few things I DO NOT UNDERSTAND:
--How at least two people here do not know that payment for this litigation comes directly out of the LQMT checking account and no where else.
--If the Kang theft was such a heinous act it would be a criminal case brought by the States Attorney, but instead it is private matter civil case.
--Many here see the litigation as a good thing when rather both sides should feel ashamed that it got to this point. There is no glory in this matter. There will be no winner. Shareholders should be disappointed in management.
--LQMT is a company on the ropes. They just fired half their staff, looking to vacate their building, and are changing their business plan to the same one that failed 5 years ago. Now they have entered into this lawsuit which is going to consume a lot of $$$ and time when I think they should focus on creating revenue. I don't get their motive.
--Many people don't know just how out-of-pocket expensive this litigation is. It is easily in the hundreds of thousands if not millions. They see the many actions of the law firm as being positive, when in reality they lawyers are just cashing in. Our attorneys are making money; fast and furious. Even with a positive outcome, getting awarded attorney fees at the end is a crapshoot and by no means guaranteed; it's another can of worms.
--Civil suits like this often go on for years and years till there is some type of remedy. Thinking this ends next May is crazy. To put in perspective, it's not unreasonable for a final outcome will happen about the same time frame as many here have been shareholders.
--Yes Kang is a snake, but we've seemed to have forgotten just what a snake Lugee Li is. This is a disagreement between two snakes. Integrity was throw out the window a long time ago.
--Then there is not accepting that Kang will also have a story, at least some of which will be valid.....Ugh! <facepalm>
At least one person here understands what is going on!
<standing ovation, raucous crowd noise>
Maybe you have never learned this lesson yet but let me just say:
Whenever there is a disagreement between two parties, one side is never 100% right. Both sides have a story and the answer of who is right is somewhere in the middle.
Jus’ say’n.
So, ummm, how much are we budgeting in legal expenses to put the evil John Kang in his place?
And what do you expect a judge, jury, or settlement might return in LQMTs favor?
Will LQMT be around in the 5-6-7-8 years if this were to actually go to trial?
"stop actions that are harmful to the company"
Ahhhh.... it's LQMT that fired a bunch of folks, is selling the building, and said "manufacturing didn't work out so well for us so we are going to change our business model to just selling the licensing. Ya' know, we'll tell people where to by BMG machines and how to make BMG products at their very own facilities, meanwhile they will be so grateful for this knowledge that will write us check after check. Or, we can hook up smaller firms with our new best friends in Asia, they too will be grateful and write us checks."
You can't harm a company that has nothing. You can't harm a company that does not care about itself.
It's Lugee Li who has whored out LQMT. It's him that distributed the bouncing ball video to whomever. It him that gave out the Liquidmetal name to how many Asian companies? How many times has the Liquidmetal logo been recently posted here on strange Asian websites? How many Maze companies are there? And how many have LQMT's IP? Thank-you Uncle Lugee.
But oh, we draw the line with John Kang? Yeah right!
What "customers" could possibly be drawn away? To quote our friend Eagle, LQMT has not sold a damn thing. The Miltner Adams order of 300 pocket knives? The Martin order of unknown amount of bridge pins that obviously did not fly off the shelves?
No, John Kang has stolen from us, enriched himself, and we want retribution??? Ah....no....John Kang has not gotten secretly rich selling misrepresented LQMT stuff.
And exactly what expectations do you have to become of this lawsuit???
I say it takes 7 or 8 years to settle and the lawyers get rich along the way.
This lawsuit vs. Kang is stupid. Absolute stupidity!
There is nothing for LQMT to gain.
All that is going to happen is for attorneys to make money. Period.
As for a “building that serves no purpose,” no one has found a rental listing, at least not yet anyway, so I think it makes more sense to stay tuned on that issue.
But we did find the sales listing and for an overpriced $8.8M anyone can own it.
Ahhh... you don't want me to give my opinion about Apple/ LQMT investors; too many peoples feelings would be hurt.
This post made me smile, nice touch Andyd33!
But we LQMT investors are always on the edge of our seats at these Apple Events, just waiting for them to say Bulk Metallic Glass, space age material stronger than titanium, or the new, redesigned Apple TV clicker thingy (model #105) can not be bent. Air pods that bounce higher than basketballs. Apple iWatches that have their sapphire glass molded right into them, Apple Pencils that will never need polishing, or Macbook hinges that are tighter than a high school girlfriend.
Another disappointment, all they talked about were new iterations of the iPhone and Apple produced TV shows. B-O-R-I-N-G
So.... at todays Apple Event.....I take it they have not mentioned Liquidmetal Technologies, Lugee Li, Eontec, Yiohao Metals, or massive BMG production at Foxconn plants in Wisconsin :0(
How 'bout mid frame box????? Day say dat, huh???
I don't know who the listing agent is but there are any number of online commercial agents who would like too represent you if you want to pony up the $8.8M.
https://www.officespace.com/ca/lake-forest/1414622-20321-valencia-cir
https://www.getdigsy.com/listing/156586/
https://www.propertyshark.com/mason/Property/53530728/20321-Valencia-Cir-Lake-Forest-CA-92630/
Interesting, LQMT paid $83,000 in property taxes last year.
I assumed a commercial closing to be similar to a residential property closing. Generally 30 days.
I also assume the property to priced very high for what it is. And somebody willing to throw down the asking price is going to want/need it right away. LQMT would be very happy to receive full asking price without a lot of BSing around so they would want a fast closing themselves.
I very well could be wrong; it might not happen like that at all.
--The property is listed with a realtor, that means if someone stumbles along and wants to give then the $8.2 M for the property on Monday LQMT has about 30 days to GFO; no matter how many prototypes or experiments for maze companies still need to be made.
--They fired about half their staff because Lugee Li no longer wants to pay them. It's very unclear if that includes the Oompa Loompa who puts the the little cylinder on BMG at the top of a Green Mystery Machine or the other Oompa Loompa who waits at the end of the conveyor belt for perfectly formed parts that require little finishing to drop into a box for shipping. Lugee Li is broke, his recent equity divestment at Eontech affirms this.
--The bikini car wash is NOT "producing existing orders." It's a intentional mocking of LQMT that something so ridiculous and simple can be easily seen to be making money when they have absolutely no other revenue production going on. I hope management finds the imaginary bikini car wash insulting and embarrassing. I hope readers here see that a LQMT lemonade stand would be a better business model.
--The gas lighting of shareholders has gone on for 3+ years now.
The writing is not in a Q-10, it's on the wall; right infant of your face.
Clandestine LQMT: We don't even have an address!
Must be time for me to chime in and bring all ya' alls back to reality.
exactly my point.
Ummm....the remaining LQMT employees; are they working from home?
$8,800,810.00
The asking price for LF.