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We are weaving smoke and trying to create facts.
Weekend again....FLOAT...so LQMT has 900 million shares outstanding and roughly 400 million are locked or controlled by Prof. Li leaving a calculated float of 500 million. Here’s the problem...we behave like a stock with 50 million float. Typically I expect a stock to trade 1%., 2%, 3%, or maybe 5% of float on a daily basis. Today was a larger than average day at 2+ million it just doesn’t fit. Are there so many tightly held shares that the available float is only 10% of the calculated float?
How else to explain the fact that a 1 million share trade can move the price 7-10%?
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Piedmont Lithium announced a contract to supply lithium to Tesla this morning. The stock tripled from about $11 to $35 on the news. Just think how big a jump would happen with a $.15 LQMT on any significant news.
The degree was 58 years ago...more important is what I did in the intervening years.
Micro-replication is the process used to create holographic labels so now perhaps we have holographic nameplates or ?
Still thinking about building a part with a crystalline phase inside an amorphous matrix and I have to share the Sous-Vide analogy....the egg white solidifies at a 10 degree lower temperature than the yolk so if the water bath is intermediate between these two temperatures the yolk remains liquid indefinitely.
Instead of temperatures in the kitchen, we selectively control the RATE of cooling in the mould we can build crystalline stuff by cooling certain sections more slowly. Conversely, rapid cooling make for amorphous sections.
Perhaps the trick is in the alloy making step....rapid cooling of the alloying process results in a BMG whereas slower cooling gives crystalline structure. Read somewhere...crystalline alloys have a higher/sharper melting point than their amorphous counterparts (same composition). This could make it possible to disperse undissociated molten crystalline alloy into the molten amorphous matrix.
I’d bet it was a serendipitous discovery.
Going back to the Pacemaker/ defibulator patent ...the key point is less the product and more the fact that they are able to control the ratio of amorphous to crystalline domains in the alloy. Second key takeaway is the shape of the crystalline portion can be varied at will in the amorphous matrix. Of particular interest is the dendritic crystalline (shaped like rods). that act to reinforce the strength of the amorphous phase. This is similar to putting fiberglass in epoxy or polyester to improve its properties.
And guess what? Not one mention about the process gymnastics necessary to achieve this breakthrough.
Absolutely correct....a few percent ownership and a seat on the Scientific Advisory Board to track the technology from the front seat! This is a Warren Buffett tactic ...buy a small position, follow it closely make a bigger investment when things are about to pop.
Pfizer is trying t beef up it’s oncology offerings and it’s less risky to purchase promising technology than to start from scratch.
Feels good to me.
So Burcon is a 33.3% owner in Merit and Bunge is 25% with an option to purchase the whole thing at some point in the future. Stock price projections out 12 months go as high a $4.25 CAD which is positive. Bunge is a supplier AND a customer so I would expect them to purchase Merit sooner rather than later...but certainly only after the plant has been operational (smoothly) for some period of time.
Question is...if Bunge exercises the purchase option, is Burcon part of the deal? Or will they continue to exist and if they do, will the royalty stream remain intact?
Are they still on track to start up the Merit Foods plant by the end of the year...that is probably the next big news that will impact the stock.
Went looking for the % royalty they will get from Merit and all the filed paperwork is blanked out (for competitive purposes).
Any leakage concerning the output capacity of the Merit Foods facility? Tons/year or $ equivalent?
I may be restating the obvious but here I go anyway....Elon Musk showcased his giant moulding machine capable of producing the entire rear framework for a Tesla and reduced 60 parts to one. This is a really big deal.
Imagine redesigning the entire underbody to take advantage of our special weight/strength characteristics and creating the complete underbody in one piece. Add robotics in and robotics out and you have a “dark factory” with nobody in sight. It wouldn’t have to use a single injection point meaning 3-4 ports to fill the mould.
This is how Elon Musk would think....not 2022 or 2023 but what about 3-5 years out..
While all you posters are wasting time on bridge pins and train schedules, I have a serious question about “tax loss carrry-forward” accounting. Seems to me that we are tracking the $260 million cumulative loss number for a purpose. To me, a tax loss carry-forward has a cash value in the right situation. It’s supposed to be used to offset future income to reduce taxes on that income. First, you need positive income to offset but, at that point, I think you can use it to avoid tax (at 20% or 30%) on that income. I know there are year restrictions and perhaps limits but seems to me, it has value. Could be in the tens of millions....is there a tax accountant in the house?
As info....I cleared six figures on GTAT....so why do the GTAT alumni gravitate to LQMT? Are we all traveling in Apple’s shadow? Maybe compulsive gamblers?
So I bought some at $1.90 and it’s $2.10 three days later.....more significant is volume today is 3x the 90 day average for BUROF.which is good. TSX volume much larger so perhaps stock is being discovered in the US.
New to this opportunity...showed up on my StockCharts screen. Interesting IP play with lots of royalty chances. Question is ...18-24 months down the road will it be Nestle or Bunge to make the buyout offer?
Next question...almost $200 million market cap with 11 direct employees and no sales...Who pumped them up?
May take a small position tomorrow but wish it traded more volume.
I love all the optimism and I really want the predictions to happen (and make $$$) but I have a real question....I follow Eontec/Yunhai and our success is closely linked to their success since we are at the bottom of the trickle down. Both these stocks are currently in a big FUNK as far as price and volume. Don’t see squat!!
How can we move if they don’t?
As long as I’m freewheeling, maybe this seems plausible.....taking advantage of a BMGs unique acoustic characteristics, would it be possible to create an “acoustic laser” that could amplify and focus a sonic beam. I think “Star Trek” called it a disruptor. Using laser principles but a a much lower frequency.
Long time ago, I had shares of a company that made acoustic weapons for defending ships from pirates...I actually saw one of these on a Holland America ship in the Straits of Molucca. (Sp.). Anyway, it projects narrow beam/ low frequency sound that induces nausea, Also used in the MiddleEast war. Symbol was ATCO
Just tweak the technology!
Also untrue...using the unique characteristics of Bulk Metallic Glasses, LQMT and Martin Guitar have created a microprocessor controlled one string guitar whereby the microprocessor controls the tension in a single guitar string to provide the various notes. Technology takes advantage of the unique elasticity and tone generating characteristics of BMG.
The microprocessor control allows the instrument to be the guitar version of a “player piano”
Falsehood of the day...this is not true....” Martin guitar has determined that Liquidmetal guitar strings provide volume and tone unlike any other material. LQMT announces the development of a BMG extrusion capability to fabricate continuous wire down to .001” diameter”. Details to follow
Good science fiction has just enough factual information to create credibility.
That part about a penny move being $5k makes for quite a thrilling ride no matter which way it happens to be going.
As expected $300k of. “Fast money” grabbing whatever profit they have before the weekend.
Puzzle pieces to ponder.....Eontec (300328SZ) and Yunhai (002182SZ) have had no unusual activity in the last week. Conventional wisdom says that they should get successful BEFORE we get to move because our income is “trickle down” and delayed by a quarter or so.
China’s time is 12 hours ahead of ours but there was only 75,000 shares of pre-market activity today...seems to me they should have been stacked up at 9:30AM EDT so they could execute and go to bed. Perhaps they are using an agent locally. I still doubt the China connection since moving funds out of China is difficult at best...they would have to transfer funds way in advance. It would be much more convenient to invest directly in Eontec or Yunhai.
I tend to think the activity is originating from low/ mid level leak at a major unknown customer in the US. Total dollars today was just over a million so it doesn’t take too many players. Saw many 100k share lots which amounts to a very convenient $15k or so. To most of the world this move is still “under the radar” There is no buying climax so this can continue...hopefully.
Interesting....up 100% in a week or so and we haven’t even been discovered yet. 5.4 million shares is less than $1 million total at 2:15 pm. The big boys haven’t found us yet.
A million mile lifespan is a very big deal for a battery. I wonder if there is an alternate limit like “up to 15 years” that goes along with the claim. Seems like there are other limiters past how many times it can be recharged.
Also the engineer in me rebels at a lifespan measured in miles.. we should be talking time.
Looking at Bloomberg....China says that they experienced a “V” shaped recovery and that manufacturing production is about the same as the beginning of the year. OK they can/are producing but the rest of the world is fighting COVID and not buying much of anything but food and necessities. Where are all of these products? I envision tens of thousands of containers sitting on a dock somewhere waiting for shipping papers. It will be 6 to 9 months before the consumers will be sufficiently comfortable to begin buying. I see recession on the horizon.
We don’t need a big cash infusion to construct a giant manufacturing complex that we don’t have the expertise to manage. We need Luxshare, Foxconn and Ford to commit about $300 million each so they can have manufacturing capability. This would diversify our opportunities and support Apple’s push to manufacture NorthAmerican needs in NA and Asian needs in Asia.
And be stiff enough to prevent another “bendgate”
You indicate the need for larger pieces, I suggest that CIP Patent 9945017 filed in 2011 and granted in 2018 teaches a method to “snap” small pieces together to create larger pieces. The thrust of the patent is to create a tamperproof joint to enclose things like electronics but building an automobile panel is just a question of scale.
Think in terms of snap together flooring with male/female edges.
We could build a LEGO car!
I must be a little slow on the uptake because my first thought when I read this was that they were planning to manufacture aluminum with a reduced carbon content as in contaminant. A little research uncovered the real target is to make aluminum with a reduced carbon footprint on the environment. This makes more sense.
Refining aluminum from bauxite ore requires a huge amount of energy (electrical) which explains why the major refiners are in Canada which happens to have abundant hydroelectric power. Hydroelectric power is non polluting hence the “low carbon” label. Additionally, more than 75% of aluminum is recycled (an added plus) and recycling reduces the energy requirements by 75-80% so a double plus.
This all ties in with the long term goal of making Apple “carbon neutral” by something like 2030.
Slightly related...the world has just come to the realization that every pound of vehicle weight has a continuing cost in terms of fossil fuel consumption. The numbers are 1-2% MPG impact for each 100 pounds of weight reduction. Doesn’t sound like much but Ford just reduced the curb weight of the F-150 by 700 pounds by substituting aluminum for steel on some of their parts. If a vehicle goes 12,000 miles a year, and gets 20 MPG the fuel usage is 600 gallons per year. Ten percent improvement in MPG doesn’t sound that big (a few tanks) but it amounts to 3,000 pounds of CO2 emissions per vehicle per year. For electric vehicles, it translates into miles per charge...a critical parameter. Tesla knows.
Professor Li is on the right track to pursue high strength, lightweight alloys in the automotive arena. Ultimately the redesign will happen and steel will be replaced with strong, lightweight alloys and bodies will morph to carbon fiber composites. Vehicle weight will go from 4,000 pounds to 2400 within the next 15 years.
I always rant on the weekends.
I’m showing no new messages from 4:20 until 8:22 ...is this for real?
Go back and read the 76 page treatise on the processing of BMGs and let me know if the technology is public information.
Aluminum isn’t salt resistant....it pits. Liquidmetal wins hands down.
Sooo...is Professor Li a member of the Communist Party who could be subject to a travel ban for his on-site participation in managing LQMT? It could hinder his ability to negotiate opportunities in automotive and/or medical.
Is this incentive for him to sell his interest in LQMT to a third party while carving out the use of the IP in China as part of the deal?
That 260,000 shares wasn’t just a penny over the previous pricing....it was 12+% over the previous price. Maybe that was necessary to get the desired volume NOW. Personally, I would have broken it down into smaller chunks to save a few bucks. They sure exhibited a sense of urgency! Then again the 260,000 shares is still only $25k so maybe the upcharge was “chump change”.
Don’t care if it’s 6 month old news....it’s new news to us and it refers to an agreement with a 2 year duration. To me it sounds like the Professor renegotiated the arrangement. Read it any way you wish.
Way back this morning I read Josh’s note (194504) and I’m trying to figure out why all you message boarders haven’t picked up on it.....under Section VII Related Business it states. “ Apple updated it product rights to use Liquidmetal materials.....exclusively for two years”. Obviously SOMEBODY read it and took action to acquire a few million shares.
The reference was to the end of hibernation and not to the bull/bear conflict in the stock market context. Sorry if you were confused.
I think the bear is slowly waking up! Looking for some movement in volume...nothing huge—perhaps a succession of 25k, 50k and maybe 100k trades to indicate accumulation. Q2 earning in early August may provide insight.
Understood that there is a machinery manufacturer as part of the MAZE that actually makes the BMG processing machines and we don’t have visibility as to whom and where those machines go. It is probable that major whales have bought machines. We should have heard rumblings if there were hundreds involved.
Unknown is how we (Or Eontec) get money for CE products manufactured by one of these whales for Apple.
Another MAZE company makes the 106a....there could be some upcharge to filter back to Eontec to be shared with LQMT based upon percent of product to NA/Europe.
Lots of accounting details!
Googled “Tax Loss Carry Forward” and quick look says that business tax losses before 2017 can be carried forward to offset positive income for 20 years from when they were generated. They can be used to offset upto 80% of income in the future years.
We have $250 million in loss less than 20 years old....the current corporate tax rate is 20% (I think) and if the Democrats are elected, it will go to 38% so these carry forward credits are worth 20-38% of $250 million in the proper situation. Looks like $50-$100 million.
Any tax experts out there?
Anybody know the value of a $250 million tax loss carry forward? It’s worth something in a merger/acquisition situation.