Contrary to my post I want to see LQMT's success. While I own no shares I do own many shares of MTRN and LQMT's success will translate to MTRN's. I also have many friends who own LQMT shares and would like to see them rewarded for their years of investment. Like you I can not stand to read endless pumps from people who care nothing of their investments.

I say it because I called York and asked. After waiting the weekend I got a response. It will not be on display or demonstrated.

MM states the same in post 48076. I found the same listing he did and followed it up with the above referenced call.

I don't misunderstand the agreement with AAPL and LQMT at all. LQMT will never see a dime from AAPL, beyond the $20,000,000 already received, in any form.

I've followed this stock for 8 years. I know that MTA front and back. IF you are counting on money from AAPL to save LQMT you will be very sad in the end. If you hope to make money on the run up of AAPL's use you will make money if you sell into it. If you hold till the first CC after that use, expecting revenues, you will be disappointed.

The safest money making opportunity this stock will ever provide will be to short it into that aforementioned CC.

I don't short so I'm taking the second best way. Long MTRN with the profits from the spikes this company has provided me in the last three years.

Good luck, no hard feelings, it's not personal.

My speculation of AAPL using LQMT as a collector plate to power the phone was revealed to me to be too far fetched. I also was wrong about it being powered by water. Water would be the waste product of the reaction. My exuberance got the best of me. See I can be a pumper too.

Your speculation about AAPL and the I'm machines for the 5c is plausible. I think for APPL it would be good way to make chicken salad out of the chicken shi t the 5c has been in sales. I certainly don't think AAPL did as a way to hide the purchase of IM machines. Great way to repurpose those machines. Do we know they are Engel machines? As for the rest of your post it is all possible.

One point I will quibble with is LQMT getting a royalty from MTRN on APPL use of BMGs. APPL owns to rights and will pay MTRN for the ingots with nothing going to LQMT. They simply aren't subject to royalties. Same thing for the attachment from Engel. As Tom said AAPL has rights to all our IP. For some reason I believe him when he says that.

You call it a bribe. I call it sharing information. Quid pro quo if you like. I wasn't aware that Kang's cousin attended the same church as Visser. Thanks for providing the answer.

I have no legal background and can not answer your question with authority.

If you are correct that SEC rules prevent directors from having a conflict with production then you are correct. OOO is the legal brains and sushi is in the financial business daily. I'm sure they will chime in with a factual answer.

You stated a few days ago that Visser and Kang had a relationship. If you would clarify that first I will be happy to answer your question.

I disagree. Visser made that loan for shares agreeing to the lock up only to have LQMT screw him with a second PIPE deal less than 5 months latter. A PIPE deal that allowed that "investor" to sell whenever they wanted. That is the history.

OOO,
Item 3 of the 10k also states what LQMT says is Visser's demands in the current negotiations. Being that it is in LQMT's 10k it is written with their speciall slant. LQMT lists Visser's demands. Many have thought the first demand is for more shares. I think it's just the opposite. Visser wants to be granted the right to sell his 37,000,000 locked up shares. Just like the other PIPES have been granted. Of course LQMT doesn't want that for obvious reasons. So LQMT will drag Visser along till arbitration begins in June. Either way I would expect Visser to finish selling his current 7,500,000 shares till he is out of the position.
In the larger picture LQMT HAS NO MANUFACTURER till this is settled and could not care less. Their salaries are paid through this year with the latest PIPE deal.

The simplest answer is that he wants to get under 10% so his sales don't have to be reported anymore.

Just a guess. No facts.

You got it. Thanks for the thanks.

Thanks D. It makes you wonder if anyone reads this stuff. All is well over here and I'm sure enjoyed the MTRN cc last week. Hope all is well with you.

This was not forced by arbitration!

Read the 10k filled yesterday before the CC.

I wasn't aware that Visser and Kang had a connection. Would you explain further? Thanks for the new info in advance.

After watching this video I'm more convinced than ever AAPL will not use BMGs this go around. We know AAPL is gearing up to use this glass in greater quantities in the coming phone. I see no reason to not make the entire phone from this material. Especially in a time of compressed margins at AAPL. It would make little sense to incur the greater cost of BMGs for just the shell of the phone.

Two years ago and recently in a private post I've speculated that when AAPL uses BMGs it will be in a game changing way. A way that breaks other phone makers backs. Using this as just case does neither if they already have access to a non breakable / scratch-able glass.

So what would be game changing and lower cost for AAPL?

A phone that incorporates BMG's in the body of the phone, makes it water thigh but more importantly deletes the need for batteries by acting as the collector plate for a fuel cell. A phone powered by drops of water. That phone will break the backs of the competition for years. That is a phone that changes the game completely and provides the killer app that AAPL is always looking to produce. The deletion of the battery, or a much smaller battery that is recharged by the fuel cell, would also make the extra cost of BMGs much more tolerable and perhaps lower the cost of production at the same time. Remember the first patent released by AAPL for BMGs was a fuel cell patent.

It won't be this iPhone 6 or you would already see the materials moving into place.

I am going to postulate that LQMT has already told us what to expect for this year. They have done it with their actions of authorizing and issuing more shares.

How many we don't know yet and that will also tell a story.

If they've only issued 1/4 to 1/2 of what they've agreed to place with the PIPES we can reasonably assume revenues are emanate.

If all 100,000,000+ plus have been placed we can assume a different outcome for this year.

I hate assuming.

Back to my bunker.

OOO,
The CC for MTRN was shocking and very positive for LQMT in the very long term. It's even more positive for MTRN. Hipples thoughts about what could be BMGs future is a direct and veiled reference to the use of BMGs by AAPL. He said, I'm paraphrasing, he didn't want to speculate but that the mind gets crazy if it goes as big as he thinks it can. The problem for LQMT is that they won't participate in that revenue stream. They will get a stock price bump when AAPL uses LQMT, two years from now, by then the share count should be 700,000,000 with 1,000,000,000 authorized.

As you rightly pointed out MTRN is looking to double earnings per share this year with no help from BMGs. Partly due to sales and the buy back of $50,000,000 worth of stock. If that buy back were to happen at a $30 per share price you are looking at a retirement of 7% of the stock. When contrasted with LQMT's 20% increase in issued stock it's hard to believe that the risk reward is tolerated by LQMT investors.

I don't like buying stock when it's risen 6%+ in one day but that didn't stop me from buying more MTRN today. I think the only way to play BMGs and capitalize from AAPL's use of LQMT alloy is to be real long MTRN. Good luck at the Engel conference and I look forward to reading your report.

More facts.

1/1/2011 closing price .45 on 360k volume. Outstanding shares 93 million

12/16/2013 closing price .16 on 481k volume. Outstanding shares 373 million.


INCOME STATEMENT: 10-YEAR SUMMARY
DATE SALES EBIT DEPRECIATION TOTAL NET
INCOME EPS TAX RATE
(%)
12/12 650,000.00 -14.03 Mil 186,000.00 -14.03 Mil -0.07 NA
12/11 972,000.00 -5.19 Mil 182,000.00 6.16 Mil -0.04 NA
12/10 33.29 Mil 456,000.00 361,000.00 -1.90 Mil 0.02 NA
12/09 14.72 Mil 350,000.00 1.06 Mil 251,000.00 0.00 48.00
12/08 22.08 Mil -6.15 Mil 1.28 Mil -6.57 Mil -0.15 NA
12/07 29.02 Mil -5.26 Mil 8.45 Mil -5.64 Mil -0.13 NA
12/06 27.67 Mil -14.52 Mil 9.73 Mil -14.52 Mil -0.33 NA
12/05 16.37 Mil NA 6.19 Mil -11.25 Mil -0.27 NA
12/04 17.43 Mil NA 6.30 Mil -12.73 Mil -0.29 NA
12/03 16.85 Mil -33.62 Mil 4.42 Mil -33.61 Mil -0.81 NA


BALANCE SHEET: 10 YEAR SUMMARY
DATE CURRENT
ASSETS CURRENT
LIABILITIES LONG TERM
DEBT SHARES
OUTSTANDING
12/12 8.97 Mil 10.55 Mil NA 242.07 Mil
12/11 1.99 Mil 4.22 Mil NA 134.47 Mil
12/10 15.05 Mil 32.47 Mil 7.96 Mil 93.70 Mil
12/09 10.44 Mil 29.59 Mil 12.66 Mil 47.58 Mil
12/08 13.24 Mil 34.27 Mil 8.52 Mil 44.83 Mil
12/07 22.51 Mil 37.09 Mil 14.59 Mil 44.73 Mil
12/06 22.24 Mil 32.61 Mil 225,000.00 44.31 Mil
12/05 21.56 Mil 22.95 Mil 6.34 Mil 42.19 Mil
12/04 28.51 Mil 19.65 Mil 2.62 Mil 41.61 Mil
12/03 33.03 Mil 16.86 Mil 3.02 Mil 41.61 Mil
Financial Data in US Dollar

The question is not if BMG's will succeed. They will. The question; is this the company that profits from it? I would ask you to train your critical eye on LQMT's management. I've never seen you give them the scrutiny you have the science.


Merry Christmas to everybody and all the best next year.

Sorry about the empty message Watts. After reading it I decided it wasn't worth posting. Merry Christmas.

Congrats!! It's the second easiest thing ever. The first is how you got to this place.

My job has filled my adult life with different coaches. My favorite told me before my twins were born,"There is a fine line between contributing and interfering."

Best of health to your wife and baby. It's the beginning of a great adventure.

Visser was never going to be the exclusive supplier of LQMT parts world wide. He was just the exclusive contract manufacturer.

Contracted to who?

LQMT and their partnership sales force. Nomad, MTRN's and LQMT's corporate sales force in Rancho M.

Barney's job was to take orders and deliver them.

The canards were manufactured by Visser.

Tom took pride in the canards as was reported. First hand accounts attest to the quality.

A second item, we don't know what, was also produced by Visser as per Tom in the 8K.

Tom has said LQMT lost business because the cost to manufacture, by Visser, was uncompetitive.

Producing parts even at a loss would increase the stock price.

Instead we are going to arbitration.







Engel didn't work with LQMT for the machines only to be sold to Visser and perhaps AAPL, IF Engel could win a AAPL contract. Engel was always going to sell the machines to anyone. Before this new agreement Engel would pay a fee to LQMT.

What's changed with the Engel announcement?

Engel has captured the ability to be the only LQMT injection molded (IM) machine manufacturer by way of patent. Which I don't see as a bad thing. It's a fair trade for getting the machine finally "stable" but it will limit our income. Engel isn't doing it for free.

How much money will we earn from Engel can't be stated by management or any particulars of the deal.

If Engel can sell machines LQMT should at least get royalties from raw stock sales.

I'm not placing blame just interpreting what I think was said so I can decide if it's time to step back in and buy.

For example, his stable comment really struck me. Why?

He said it was stable 9 months ago.

Divide 20,000,000 by .1 and see what you get.

They are using it to pay they're salaries.

VPC can make parts. LQMT can't sell them for what it cost VPC to do it and make a profit.

Here are the two items from the 3Q statement that make me cautious.

1) Average shares, basic and diluted.

2012= 195,275,681
2013= 372,840,523

2) Tom says, "allow us flexibility...through discretionary issuance of our common stock said Tom Steipp"

Will that share count exceeded 600,000,000 next year at this time? It's on that trajectory.

I aways enjoy your posts and appreciate the attribution. This is what I wrote after spending a weekend with the Visser MTA.

You are correct on a few counts.

I really dislike Sandy/gorgol. It constantly makes factually wrong statements.

I did misspell lose and loss. I've made this mistake all my life and you have encouraged me to eradicate this short coming.

Disregarding the point of the post, which is that Visser was never hired to make the machine, because of a spelling error seems a cheap way of not arguing the point.

Peace to you too.

Here's how little you know about your investment.

Excellent question OTGuy.

How is either able to manufacture a canard when the machine has just left for testing and certification?

Answer. They did it on uncertified equipment.

How can the company expect a contract without a certified machine?

Answer. They can't.

How does Barney get it certified?

Answer. He doesn't. He expects LQMT to meet that requirement.

Guess who didn't meet the requirement?

Answer. LQMT



Governments love working with non certified equipment.

I'm amazed that so many of you are excited that LQMT is out from under the yoke of VPC. That you believe VPC has held back production and sales. You believe it because LQMT has told you that is the truth. They told this truth in a filing that dropped on Friday after the close. This following a week where they gave themselves 200,000,000 more shares.

If you think Visser was the problem explain how.

What contracts did LQMT sign for production parts?

How was Visser to make the parts? We've only just sent the machine back for final testing.

Visser was supposed to already have a machine but it's clearly not production ready.

The idea that Visser doesn't have the ability or skill to manufacture injection molded parts is delusional.

Visser, from scratch, built a NASCAR (Sprint Cup) team that is winning in less than 5 years.

He the first to do it west of the Mississippi.

If you think it's no big deal you have no idea how competitive motor sports is and how close the margins of victory are.

His wealth is 250 million at least.

If he decides to toy with LQMT they are gone.

The info available is LQMT's side of the story. Do you think it's possible Visser will have a different story?

Do you really believe that Visser who earns his money is guilty of all these things and will loose arbitration completely?

Have you considered that Visser may win?




CUT TO: THE SIDE OF A MOUNTAIN. EXT. DAY

Shareholder Timmy, bloody, injured and dehydrated is holding on to one of those cliff shrubs two thousand feet above the valley floor. One wrong move and our hero falls to his death. The shrub is scrawny and giving way. He screams for help. Rocks and dirt falling by his face. Timmy realizes help is not coming. He looks up to the sky, closes his eyes and starts to say "The Lords Prayer".

Timmy whispering, "And lead us not into temptation but deliver..."

Tom appears above Timmy and is reciting it with him. Timmy stares at Tom in disbelief when Barney appears next to Tom. Tom and Barney are inches away.

Tom says, "Your in the midst of falling to a certain death. I believe that if we don't do something quickly you will die. Barney what should we do?"

Visser not looking at Tom says nothing.

Tom, "Do something Barney."

The shrub breaks free and instantly Timmy is gone. Timmy's scream grows quit as he falls away. Tom and Barney look over the edge.

Tom walks away. He turns before getting in his car and says, "You should have done something. You'll be hearing from my lawyer."

Good luck next week. I'm sure this will touch .50 shortly.

Since you are up on AAPL numbers how much of this spending is related to the new campus at Cupertino?

D,

I'm sorry to read your post. It's the third time in as many years. We literally did this one year ago. It seems like 20 years ago.

I can't help but look at the incredible potential of this technology.
The proved uses.
The years of research.
AAPL's incredible last minute saving of LQMT with money and IP.
I look at all the great things LQMT has going for it and can't believe we are manufacturing shares and selling nothing.

You've rightly pointed out our long hot summers but this year we spiked to .20 and have held .12
I'm shocked we've held this range.

I'm calling this the December to Tender Event.
History shows we've had some steep painful Decembers. Most people who own this stock never look at it through out the year. They have no attachment.
We've had a strong overall market this year. This is the perfect combo for tax loss selling. LQMT's gift to investment community is a stock sale in December.

I hope to God we see AAPL use this before LQMT goes BK. The only 100% risk free play on LQMT is to short it after the AAPL product spike. AAPL releasing a new phone with LQMT casing could spike this to .75 or 1.

This board will be flooded with people telling us how we're bound to make something. "AAPL can't possibly be paying nothing.
We're make money from the alloy royalties. MTRN is going to be paying us."

The person who has the stones to short that event will succeed wildly. There is no doubt that LQMT will receive no more money from AAPL. A bunch of people will refuse to believe till after that first post AAPL use LQMT CC.

I can hope for a change in management's demonstrated behavior or prepare for a likely event.

If the stock goes below .04 I'll be buying. If it holds through this December I'll be buy it.

I'll call if I find work. All the best.

Check with Oracle I think he may make the pilgrimage or maybe he just beating himself with chains. I forget.

LQMT authorized share count.

Sorce yahoo finance
Item 5.02. Submission of Matters to a Vote of Security Holders.
On February 28, 2013, the Company held a special meeting of stockholders (the "Special Meeting"). At the Special Meeting, the Company's stockholders approved an amendment to the Company's Certificate of Incorporation to increase the number of authorized shares of common stock from 400 million to 500 million shares, with the votes being cast at the Special Meeting as follows:


FOR AGAINST ABSTAIN BROKER NON-VOTES
143,872,838 61,311,708 557,274 0


They are asking for another 200,000,000 million to be authorized. Which I'm sure they won't use.

To Be Held on October 24, 2013:

ALL FIGURES ARE + OR - BUT GENERALLY CLOSE.



The company raised 12.5 million dollars last time with 10.5 going to the company and 2 million for the pipes to finance the deal.

That amount of money lasted us 15 months.

To achieve the same results will depend on the exercise price demanded but the pipes.

Let's say .12 cents with the same dilution clauses the last guys got and I can easily see 140,000,000 shares issued.

That leaves 230,000,000 shares for the last dilution next year (April 2015).

This is just a guess based on history.

They could announce a product tomorrow and all this dilution noise would go away.

1) Blake, This is clearly not Sandy.

2) She makes crazy, unsubstantiated, rambling, incoherent, inane, diatribes about how well LQMT is doing.

3) This guy who has taken a name from Tolkien's work is much more grounded and a real critical thinker.

4) He doesn't deserve to be lumped in with Sandy's pure, uncut, triple strength, 55 gallon barrel of stupid.

5) Sandy has stopped posting. Sad but I'll find some way to carry on.

6) Welcome new dude who is not Sandy. You are the best! Much better than that...

Please read post 8129. I re-read it every few months and am determined to learn from my many mistakes. My position at that time of that post was 1.05 million shares + or - 50k.

I agree with almost every sentence you've written. My only dissent would be in the first sentence where instead of feeling grateful I feel mad. I know I'm watching people be set up.