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I'm an Aerospace Engineer and seven years ago I was in charge of a trade study between three different vendor products. After six months of research and testing I choose one of the products to be the best for our needs. It went to our procurement office for approval to buy. The procurement office turned down my choice on reasons that the Company did not have the finances to guarantee delivery of the product for the next ten years. I then selected the second best product in my testing and they turned it down because some of the parts were produced outside the USA. I was forced to select the third choice and least acceptable product from an engineering stand point but from a procurement office standpoint it met all there requirements.
Mr. Steipp maybe in the same boat I was in seven years ago. He may have a big government contract that has been approved by the engineers as the best product but the government procurement office is not so sure about Liquidmetal as a company that will be around to meet there requirements.
Mr. Steipp needs help in getting Liquidmetal books in shape and that's where Mr. Visser has come in to help. I would guess Barney Visser knows about how close LQMT is in getting this contract and he's betting he can help make it happen.
The question we have as an investor is if you were the procurement officer would you give Liquidmetal a long term big contract?
No....
As a part of the Private Placement, the Company issued Warrants to the purchasers of the Notes giving them the right to purchase up to an aggregate of 18,750,000 shares of the Company’s common stock at an exercise price of $0.384 per share (the “Warrants”).
Is there a possibility that this current loan for 12 million is the agreement with Apple for the two year extension?
Thanks for the post.........
I voted No on the share dilution and I'm losing faith in Mr Steipp.
iPhone 5 will be out in the third week of Sept., maybe selling my shares at that time.
Good luck.....to all longs.
Infohunter
Visser and mattress's...................................
Visser made most of his money selling beds.
The new memory foam from Tempermatic is the new fad.
Spring coil beds are losing market share......
Does Barney Visser see an opportunity in Liquidmetal coil springs for mattress's?
It's a billion dollar business...just a thought.
I have a feeling Samsung and Microsoft know something's up and there running scared.
Most of my investment capital is invested in Apple so I'm really looking forward to the fall.
LQMT is my big spec. play and maybe just maybe they have finally got there act together.
You know we've seen this before in 2010 when Apple did the MTA and Steipp didn't say what the monetary value was. If I remember he paid off approx. 11 million of debt first. Don't remember when we found out it was 20 million....maybe it was the next 10q.
This is what was written on MacRumors site on this MTA extension.
"Apple acquired the rights to Liquidmetal's amorphous metal alloys in August 2010 after having tested the material in the iPhone 3G SIM eject tool. But broader use of Liquidmetal's alloys, which offer improvements in strength and durability over current alloys while proving easy to cast into complex shapes, is likely several years off."
If the market thinks that LQMT didn't get anymore money with this extension and the technology is not ready for several years, the stock may not go up at all on this news.
Could be more or less but there should be some revenue from the agreement.
Notice the MTA expired in February and Visser deal failed in February.
Now in June we have a Visser deal and an Apple extension.....wonder if one had anything to do with the other.
Agree with you that this means little unless Apple coughed up another 20 million.
Video on the new Mac Pro Retina....
Agree completely ......
Wiith 300 million shares outstanding it's going to have to be one big contract to get the stock to .50
CC raised more questions than it answered.
Why did the Visser deal fall apart back in February?
June 28th was mentioned more than a few times about closing some deals with Visser....does this mean that Visser is waiting for shareholder votes before signing off?
More financing needed......for what? Timeline for this year, six months gone and no product, and it would take six months to get another Injection molding machine from Engel.
Not impressed.....
I was aware of the nano sim approval...here is a link with some extra info...
http://www.patentlyapple.com/patently-apple/2012/03/apple-wins-patent-relating-to-nano-sim-and-iwallet-chip.html
The silence and guessing is coming to an end.....at least where Apple is concerned.
Either Apple is using Liquidmetal and it could be a historical event where metals in the future will be used in ways that have never been seen before or Apple goes in another direction....that being the tragedy for LQMT.
The final ACT III coming soon....will it be a tragedy or an epic historical ending.....stay tuned.
Why after two years of silence by Steipp on Apple has he picked now to start hyping the connection between Apple and LiquidMetal?
Has Apple givin the clear signal or is this a desperate act?
If Mr. Steipp is going to throw Apple's name around he should get the companies name correct....it's not Apple Computer it's Apple Inc.
At what point will they make something that makes money?
I didn't hear Steipp say anything about parts overseas.
He did say "VPC is making significant investments in plants, equipment, injection molding machines and alloys."
VPC has been working in the shadows for at least two years with LQMT. Very quiet why?
"VPC has been working with us to setup a state of the art manufacturing strategy since Aug. 2010."
Huh??
New thinner MacBook Pro will be announced at WWDC confirmed by Bloomberg News.
http://www.macrumors.com/
I don't think this will have anything to do with LQMT. I think Apple will ship without DVD making it possible to do thinner with the aluminum casing.
Looking forward to the CC tomorrow....all I want to hear is Steipp announcing they are making money on products delivered and Visser is buying more machines to keep up with demand.
Steipp could have bet the farm on some product that could of been the holy grail for the company but my guess he has not. He sounds like a conservative man who has picked a couple products to start with that can easily be made. The revenue won't be amazing at the beginning but will ramp over time.
I have not seen a Visser business plan........they are a big unknown at this time.
Agree.....it's all on Mr. Thomas Steipp to pull it off.
Apple will keep them in the press.
Impressive outputs........
Maximum process reliability and availability
PLASTISUD and ENGEL will unveil their new concept at the Chinaplas 2012 trade fair, which runs from 18th to 21st April in Shanghai. At the Green Cap stand (F41 in hall W1), an all-electric ENGEL e-cap 3440/420 injection moulding machine with a 96-cavity mould made by PLASTISUD will make nearly 130,000 sealing caps per hour, reaching a cycle time faster than 2.8 seconds. With cycle times of under 3 seconds and injection speeds of up to 460 mm per second, ENGEL's all-electric e-cap injection moulding machine is designed to handle the highest output rates with maximum efficiency. Green Cap total solutions promise energy consumption of just 0.75 kWh per kilogram of granules, thereby delivering far better energy efficiency than similar systems on the market can offer. The system solutions save cooling water as well as electricity, thus making a lasting contribution to environmental protection. Other features of the production systems include robust and hard-wearing components, high process reliability and maximum availability. Green Cap solutions come with 32 to 96 cavities moulds as standard along with machine clamping force of 200 to 420 tons; as a further option, 500 ton machines are available.
Thanks.....I didn't know if it could be colored.
I think Apple may come out with an IPod Nano Watch also in the near future.....for the same reasons you just specified it would be a good fit.
So the frame could be Liquidmetal and the back could be gorilla glass II.
So when you hear rumours this summer which of these is being used for the new iPhone, it could be both.
Just thinking out loud.........if it is only the frame will Apple let anybody know?
Very pretty iPhone......
Question: noticed that the back was black.....can this be done with Liquidmetal?
I think your right about the iPod nano....I think Apple is going to come out this fall with a iPod nano watch and this might be where we see the first product made out of Liquidmetal.
Maybe Apple can produce 40 million iPhones per quarter with injection molding machines in Asia.
ENGEL has invested 12 million in the extension of the Shanghai plant. A further € 8 million are being invested in the expansion of the production facility for small and medium-sized injection moulding machines in Pyungtaek City, South Korea, which is due for completion in spring 2013. The plant's present output of 650 injection moulding machines is to be increased to about 1100 units.
http://us.industrysourcing.com/Page/VerticalSites/news.aspx?id=253994
Be carefull jumping to any conclusions if the Galaxy is made of ceramic. This rumour came out of Korea which is home to Samsung which would like nothing better than to spread false rumours about Apple products.
Think about how many injection molding machines it would take to supply 40 million iPhones a quarter...it would be a monumental under taking....but if any company could do it it would be Apple.
Thanks to all on my question about ingots......Watts I will do some more homework.
As for who I am....I'm an Aerospace Engineer who is an investor in Apple since 2007 and have been a stockholder in LQMT starting in Aug. 2010 on the announcement that Apple was interested in LiquidMetal and have been following it since.
Apple in my opinion is the worlds best innovative HW/SW Integration Company in the world so when they show interest in another technology as an investor I pay close attention.
I think Apple has plans with there large cash hord overseas to be more involved in the manufacturing of there products. Apple in my opinion will want to do something that will not be easy for any other company to copy them. Liquidmetal gives them that opportunity.
The only reservation I have is the cost of the material needed to make Liquidmetal commercial.
It should be an interesting year for LQMT.
Infohunter
Question for the board?
Is a LiquidMetal ingot always the same size?
If so how much does it cost to produce an ingot?
How many cases can one ingot make for let's say an iPhone.
Can one ingot make a case for one MacBook Air?
Thanks in advance....