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"Will 2018 be Liquidmetals year to become profitable?"
Ummm, aren't you aware of just how much red ink is on LQMT's quarterlies???
Buying new buildings, new hires on the BoD, IHub complaining about extravagant salaries....these will all be nullified because some company is using LQMT in a redesign of the sucker tube and a light that goes into your mouth when you visit the dentist???
And the BMG component of this device is NOT the one that goes into your mouth???
Yea, what a turnaround.....
I gotta go make some money but let me say a couple quick things.
I appreciate your open mindedness about LQMT and not trying to substantiate your investment by only looking for "good" things.
I think it should be obvious now, two years down the road; that LI did not buy LQMT to make manufacture BMG things. As you have said many times, they don't sell anything.
I think there is a LM105.1 that is going to be used by Eontec. A new and improved version of LM105. Perhaps the same new and improved that we find plastered across products we see daily in the grocery store. i.e.. new and improved baking soda
Revenues? Well, my thinking is that Li et. al. don't give a hoot about shareholders. They feel they are there for themselves, not representing the interest of shareholders. LQMT is in such a murky place that shareholders are just an inconvenience. The SEC will turn a blind eye to any shareholder accusations of stock price manipulation, inappropriate/insufficient licensing payments, or unfair distribution of sales proceeds to a pink sheet stock that sells for .22.
I think about it this way, if LQMT were not to get paid in a way we shareholders thought they should, what could we possibly do? Even though there are many here who hold large quantities; we still can't overpower or vote out the largest shareholder.
So, in summary I think is a slightly different LM105 that is produced in China and that's what Eontec uses and sells to __________ (insert them of what ever hot Fortune 500 company this board is talking about today). Those revenues don't hit LQMT's books, 'cause Li and Tony are real good pals now.
A glimmer of hope! If we shareholders become pesky enough Li will throw us a bone to keep the natives from becoming restless. Don't;' think Tesla or Apple or medical; think Martin or Miltner Adams. Just to keep the selling of shares of LQMT churning.
Building? Well, we never did find out who owned RSM, it would not be inconceivable that the RSM property was connected to the Kang dynasty; it is from that period. But LF, it is now an asset. An asset that will likely gain value over time. And LF is in the neighborhood that all the current LQMT employees want to be in, and Li appeased them. The engineers at LF are the best BMG scientists in the world, so why not give the new R & D department of Eontec what they want? When LF was acquired, the first thing they did was remodel the office. New paint, glossy floors, new carpet, an expensive logo for the waiting room, and nobody knows what happened on the second floor (maybe that's where Ben Carson got ideas for remodeling his office? IDK)
Electrical upgrade? Boy, feels like it was an after thought, huh? Like.....man, we don't have a place to plug in these machines. Pffft, no company who has an ounce of concern for their business would have not shopped for a new location and not be conditioned on having the right electrical service for the factory-- the place where the magic happens. It is a standard realator question for commercial properties. LQMT chose to ignore that question and bought a building that doesn't have a loading dock and has a completely worthless bridge crane system; absolutely unnecessary for BMG production. Just because it's in a very nice neighborhood and close to their homes. A nice neighborhood that will not tolerate the day to day business activities if LQMT were to get anywhere near the imaginary production numbers that are posted here daily.
Blog? That's the replacement for the CC's. It's easier, there is no timetable, and it's easy to edit. Best of all, there are no questions to answer.
I think that LQMT was the one to do the screwing.
At the onset there were all kinds of negotiations and contracts with Materion. In addition to providing those magic little cylinders, Materion was going to promote and showcase. Materion did prominently display on their website the addition of LQMT. They did attend the big Engle sales symposium in Germany as a partner. They did train their sales people and give them cursory knowledge of BMG.
It's LQMT that didn't uphold their end of the bargain. It's LQMT that only bought enough material to make 200 pocketknives, 1,000 bridge pins, and what ever LQMT engineering has used for experiments over the past 3 years. I think Materion is understandably pissed.
It's LQMT that desired this channel and then did not sell anything. I'm sure an ingot of LM105 from Materion is expensive but it obviously must be exponentially expensive once LQMT management adds the cost of their overhead let alone the actual production costs. That's why Liquidmetal has never taken off! That's why you have not made any money on you LQMT investment; it is outrageously priced.
It has always been my premise that once Hong Kong Liquidmetal bought the company, the LM 105 recipe was what they were really after. That recipe was loaded in a briefcase and made a direct flight to China and will never been seen again. In that briefcase were every LQMT iHub followers dreams. Now that LM105 can be freely exploited by Eontec, I don't think we shareholders will see a dime.
Right around the corner is the day the Wall Street Journal headlines
"Liquidmetal Technologies advanced into positive territory yesterday based on strong earnings reported in both Music and Cutlery segments. LQMT is simultaneously showcasing the future of both small parts for acoustic guitars and pocketknives."
Why isn't everyone here talking about the massive bump in revenues from bridge pins?
Why aren't we celebrating how Paul really slayed Martin; reeled them in, made them buy more than they needed, and got a high price along the way?
Shouldn't LQMT be more focused on the musical instrument category???
800lbs of molds for the engineers at LQMT to work to perfection and figure where all the knobs and dials need to be set on Engle Green Mystery Machines....that's my guess.
After all the answers are found for the molds; they will be sent back to Hong Kong so that all the Eontec Oompa Loompas have to do is pop the molds in and put knobs and dials in the correct places...and then stand at the end of that little white conveyer belt and collect the BMG booty.
I would like to say I'm with you but after all the gruff I received over the years, I don't even want to say "I told you so"-- because in fact todays LQMT is much like I have warned.
Do you not believe that the share price is being artificially held at .23?
Never is right around the corner!
I was looking so forward to receiving the Orange Lamborghini Award for LQMT share price prediction....
How do you know how much money they are making? What if they took a pay cut?
The point is, as evidenced by the past couple days here on iHop; LQMT has lost some good, long term employees.
One can only presume that more resignation are to come. But as an engineer and having years of LQMT on your resume; that would really suck.
Know what's worse than being a Shanghai'd LQMT shareholder? No seriously, there is worse....
....a professional level LQMT employee!
Check this out: imagine you are some ambitious, young science minded person who buys into the LQMT story. You get hired and look forward to pursuing your career while advancing BMG technology. You work in a very expensive part of Los Angeles, get to work with some very expensive machines, and maybe even work alongside some Apple engineers on a special project or two.
And this goes on for a few years. A new gunslinger slithers into town and there is some hope and promise--initially. But a couple years down the road it's the same ol', same ol'. As a matter of fact, being an inside veteran you can forsee what is really going down, and you know the your chosen path of BMG R&D scientist ain't going anywhere with LQMT. So you decide to bail....
But it's really hard to find a job because of the stain LQMT has put on your resume. Oh, you worked there and showed up on time and did what was asked of you; no problem. But now as a job applicant how do you explain your experience if you have never taken a product to market? Can't provide any samples or examples of your work? " I signed a non-disclosure agreement" will only be an acceptable answer to a limited amount of interview questions. There are no point-in-fact products to illustrate your purported expertise.
Man, those are the real bag holders of LQMT.
Me a billionaire? A complete ridiculous exaggeration!
But, I still believe if there is no provision to plug our equipment in, the LF location is no closer to a supplier, sales channel, or a mode of transport, and there are no loading docks to bring our materials and supplies in and out in the quantities I'm forecasting--now two years down the road--what was the point of moving??? The new carpeting and shiny floors don't impress me one bit.
You don’t know how correct you are Games!
There are billionaires like Li who buy companies, gut ‘em, spread some inneuendo about prosperity in the near future, and then let the company linger and wilt.
On the other hand there are billionaires like myself. Guys who have expectations of a normal rate of return year after year. And in extraordinary years like 2017-18 I want to see gains above normal. Billionaires like me have expectations about sales and new customers. Billionaires like me would not have moved to a new location if we could not plug our equipment in.
No, I’m not the guy who wasted $63M on this unicorn.
Fair enough, you have your own valid reasons.
I am not implying anything, and I don't believe that the false bottom had been created to achieve a "bottom" but rather to make those who've bought into Hong Kong Liquidmetal to show their investment as green.
Also, I don't believe that iHub is the center of the LQMT world, that center has been moved to China and is with Chinese capitalists "who want to get into the ground floor on an emerging technology."
I stand by LQMT never reaching .60 again no matter how many paid, fake news Polish press releases there are.
"designed to screw American shareholders and to steal away patents to only be used in China"
No, it's not nearly that harsh. I think Li feels he already owns LQMT's property and they are his to do with as he wishes. He is not screwing LQMT shareholders; he is avoiding them--and has position to easily sidestep them so.
Because there is no specific dollar or percentage amounts in these sharing agreements, what makes anyone think $ flows into LQMT?
Do you really think Professor Li wants to share profits with LQMT shareholders? Ummm NO. Not when he can keep all the money by recording those funds through the tangled Asian web of Eontec and it's contracting partners.
After all, these Asian companies are the firms that are doing all the work. Why reward intellectual property when it will only cause you to make less money? If you don't tell LQMT shareholders something happened, they will never know. If shareholders did find out, what can they really do anyway???
Legal action?
Ya' right....
No picking experience necessary
Simple physics and common sense tells us that a guitar string vibrates between the bridge and the nut. What holds the string down after the bridge is immaterial to the sound a guitar makes.
No space age material that bounces really high required, a drywall screw would do just as well.
Everyone here should be grateful that at this point in time we have .23 and that whoever may be propping the price up is doing it at that level.
I believe about 6 months ago they were doing it at about .46 and it was probably too expensive so they cut it in half.
"Now it’s beat the bushes for orders. Produce what we can here and the rest gets made over-seas. Pretty sure organic growth will guide the where’s and when’s of the next phases of mass production. The important thing is that we scoop a few pennies off of everything that gets made and use the the future cash flow wisely to generate new patents and to invest in JV’s of our own. "
You've touched on the big puzzling question about LQMT (for me anyway). And that's LQMT has never been about sales. Even very doable projects like pocket knives or bridge pins. You would like to think there are LQMT sales people looking for these types of jobs because small jobs will lead to big jobs. But thats historically not what LQMT does. Do they even have a sales staff other than Paul?
This is what leads me to my overall negative opinion of where LQMT is going mostly because the business plan doesn't make much sense--unless that plan is to sell shares of stock.
Alright, you caught stepping on my errr....putz....
But irregardlessly... I'm a Chigaga-guy. Ya' knows? We talk sorta funny.
I glad you mentioned the open cubicles, I noticed them too. (I also notice empty offices when I go to a bank--in brand new, just built branches). I think they are just left overs, like the overhead crane.
What I picked up as concerning LQMT wise about Josh's translation is that one of the new Eontec partners is positioned for research. That's the role I've assumed LQMT was going to play.
So now I dunno exactly what is planned for LQMT.....
Irregardless it's plain to see Professor Dragon Feet does not see LF as a production facility in the way many here have expectation for it to be (including you who has posed the questions many times on this board How many machines can fit? What would the production be if all of them ran 3 shifts a day? etc. etc.)
This is not a Center of Excellence.
I think you are underestimating the volume of an Apple device that might be required. Apple devices that most here are anticipating. Millions upon millions....
That being said, lets take a look at the Martin order. Do you think they ordered 1,000 of them? Likely less but lets say 1,000.
Those stupid little nubs, that from a guitar players perspective add nothing to the resonance of sound, likely got shipped in a couple boxes via UPS. It could have been one box but I'm sure LQMT wanted to an initial hundred into Martins hands as soon as they could. The Miltner Adams knives were shipped the same way.
So...if you are happy with shipping four or five boxes of product via UPS every 3 years; those overhead doors work fine.
The rest of us want meaningful production--and that ain't going to happen in LF. The logistics are not supported.
WAIT!!!! LF does NOT have a dock???? <face palm>
So.....all those semis rolling down the 405 full of those little LM105 cylinders that just took a journey across the Pacific are going to get unloaded by a pallet jack to the tailgate and then picked up by a forklift?????
And....all the millions of iPhone boxes, Watch cases, and all those tendon repair devices are going to be palletized so the forklift can bring them to the truck and that truck driver will take a pallet jack and put them in his truck where he wants them?????
Ladies and gentleman, this right there should tell you LQMT Lake Forest is NOT a production facility. Well, a production facility in the way many, many here are hoping it to be.
What I'd like to hear on a CC are the same things every other iHop investor would reasonably expect to hear. How many machines? Are they plugged in? Renewed the ROFL agreement with that fruit company? How did the meeting with that fruit company go that was told to happen in the fall of '17? More Martin revenue? Hey, what product categories are those "prototypes" in? Care to comment on how nicely LQMT share price has held up during a downturned market?
Even though those Steipp CC's were crap at least they were talking, at least there were subtle hints, at least there was hope...at least there was a slight bit of integrity that something was owed to those who have invested.
Today, LQMT is washed away into a Asian abyss; one that gets murkier with every Google translation.
Just a reminder...
Unlike Professor Dragon Feet, Tom Steipp at least had an ounce of regard for us shareholders and held quarterly conference calls.
LQMT shareholders are only going to receive what Dragon Feet is willing to share; and that amount will be $0.
.60--NEVER!
Henan Zhongyue Amorphous New Material Co., Ltd.
Great! Yet another layer of distraction between LQMT and PROFITS. <sarcasm intended>
Actually Tesla has been working with Bosch on solid state lithium batteries. They have a slew of patents together.
Not only do these batteries stabilize lithium, but they come in a much more compact size. I've heard they are not only are they aimed at the automotive applications but there will be smaller versions for battery operated tools. I was told you can charge a drill and use it for a week or drive 1,000 miles on the car batteries with no worries about spontaneous combustion.
Nothing was mentioned about LQMT, BMG's, or even Asia.
I am not happy or unhappy...I am just looking for clarity in the murky world of LQMT. An explanation for the reasons it behaves as it does.
I think most here want the same explanation. As shareholders I think we all deserve it.
Also worth mentioning:
Despite whatever roller coaster the US markets have been riding the past three trading days...we have all noticed that LQMT can not cross the .22 threshold???
Have we all made that mental note?
I thought today was supposed to be the end of some ROFL fruit company contract or something???
Weren't the chickens supposed to come home today to roost?
Today was supposed to be a watershed moment?
Today was supposed to be the day that we have all been waiting for?
Which do you think will have more perceived importance?
a) Writing spin that will justify the recent tax cut to big corporations and those with large incomes
or
b) Getting the Fed to curtail this correction quickly even though it may go against current policy
I'm guessing that even though a very incorrect answer, a) is what being done at this moment in an attempt to avoid criticism and blame for the downturn. IMHO
As much as I would like to see an upset.....I totally agree.
The best quarterback in the NFL will never really be out of the game no matter how early and often the Eagles score.
As a fan, I hope it goes down to the last seconds.
Happy Superb Owl Day!
Funny, your odds of making money tonight are WAYYYYY better than making money on LQMT--no matter how you bet.
Sounds like someone else is coming around to believe that there is very possibly some LQMT stock price manipulation going on--possibly worse than the perception of what the MM's do day to day with LQMT.
I suspect "the bus load of Asians" that showed up to the OH are protecting their investment.
We do not go lower than .22--ever.
And also keep in mind, I think it reasonable for all us to assume it will be LQMT that will have to figure out all the manufacturing problems that go on inside Eontec factories--pro bono.
At what price does Professor Li want to transfer LQMT goods to Eontec (keeping in mind he controls both)?
The LOWEST price possible, if LQMT does not completely write them at a loss.
DUH!
Just put in the back of your mind that at this point in time you believe there would be justifiable reason for the price to move downward.
I just about guarantee you it will continue to hover at .23, .24, or .25.