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I Love this board when the shareholders here used to say it was only 1 more year now it is a few more years. So to make us all feel better about our idiotic investment in this POS company we just move the benchmark a few more years if one more year won't do it.
Absolutely false - it's always just one more year with LQMT, so obviously it will be 2021 the big jump mark this post. LQMT will still be between .10 and .11 in 4th quarter 2020.
what does that make lqmt?
Ah yes but the real question is what year?
I just can't get excited until LQMT actually deposits a lot of money into a US bank and reports it on a 10Q! I've been burned way to many times over the last 14 years of my investment in LQMT. So even if they announce a contract I won't let myself get excited until all the eggs have hatched.
Theme song for next LQMT open house, annual shareholders meeting, or any shareholder get-together and for LQMT ihub board:
Lyrics
… Just a little bit longer baby (LQMT)
'Cause my love keeps growing stronger
A little more time to say
But in my head a love song (LQMT) plays …
Artist: Maxi Priest
Album: Bonafide
Released: 1990
... Just a little bit longer baby...
Bobro I'm in the same camp - all our dreams really did head to Hong Kong in a briefcase! There is nothing to say, and that is why Lugee has no information to share with LQMT USA share holders, there is nothing to report because it is a total facade at this point, and this will be obvious when earnings are reported within the next few weeks. No contracts, no revenue, no future at least for LQMT USA.
Good luck Andy - I added a ton of shares back in 2006/2007 and if I had added that money to Apple, Microsoft, or Tesla instead back then I'd have well over $300K and I wouldn't need LQMT. Just a fair warning that has remained true since the stock market opened for business - penny stocks are worthless you might hit 1 in a 100 if lucky, after 14 years in LQMT, I've certainly learned my lesson I think?
It's always one more year from now with this board for LQMT... you can go back as far as 2006 and probably before and it's always just one more year from now! At what point does anyone here stop believing the fantasy of LQMT?
You might be better off convincing LQMT to build a time machine to let us all go back to 2010 and sell our LQMT stock a few days after the Apple Licensing agreement and but all the money on TESLA.
To bad LQMT doesn't have a leader like Tesla with a really big mouth and a giant Twitter account...
Just think Eagle if LQMT could earn 3 million a year and burn 3 million a year it could outlive your great great grandchildren...
jrs5 - you mention revenue growth and 90 machines, seems to me there should be significant revenue growth then for this next final quarter of 2019 which they will report around first of Feb. Do you expect significant revenue for LQMT for 4th Qtr of 2019?
Lugee Li has done so much better than Steipp - NOT!!!
Will any of us be alive for the next open house?
Does that mean Lugee Li was a sucker?
Why can't LQMT do this - - -
Zion Oil & Gas, Inc. (ZN)
0.52+0.3018 (+138.3135%)
44 million volume
ZN = no revenue and LQMT = no revenue
????
But I have sat on that train now for 14 years and still has not been given the green light?
I've been in this LQMT dice roll since 2006 when Eagle says this is the 20th time he as heard just wait for 6 more months - we just roll our eyes and post another yea I've heard that before.
I think the steel industry in the US is experiencing the same thing the aluminum industry is experiencing we just can't compete with other foreign countries anymore both there labor and cost to extract the raw material. What is happening with steel and aluminum is what happened with electronics. I really don't think in most cases tariffs can fix what the what the market naturally decides.
Does anyone know if previous executives of companies have to file with SEC when they sell shares? You can go back through old SEC filings and find the options / purchases of Steipp when he was CEO of LQMT. But I doubt after he quit the company he has to report sales of shares to the SEC especially for a pink sheet?
That is a good question Boiling? Does anyone know if Steipp still has his shares at one point I think he had 7+ million shares?
That's been my point along - there are a ton of investors who are a lot smarter than all of us put together out there in the investment world but they aren't buying this damn dud of a company that I have held now for 20 years in a few months.
Nothing has changed since this was published - much better insight into the company than JB will ever have:
https://seekingalpha.com/article/4255932-liquidmetal-hype-doesnt-make-good-investment
No matter how much I bash LQMT here or complain or whatever I type - I still have a lot of shares that I started buying back in 2006 and have never sold. So I guess we can all agree I have some faith and hope for LQMT US regardless of what I type here...
Lugee Li is now into this thing for 4+ years since his very first investment so do I wait for 15 more years?
So has anything changed in the last year in your opinion or will we be here 19 years from now at 10 to 12 cents a share typing the same stuff?
If Lugee Li is the worlds savior of business metals as many here have claimed how could a simple minded fighter pilot like Steipp pulled the wool over his eyes?
Wrong the first micro controller was not commercially available until 1974; there was no way to get PCM until you had a micro controller or microprocessor to do the PCM conversions from analog to digital. So assuming even the best case that someone had a microprocessor and the software ready to go in 1975 say - CDs arrived in 1981 only 6/7 years after a commercially available microprocessor or controller.
There has never been a new technology with true potential that took 19+ years to come to fruition. We went to the moon in 10 years from the decision date and there was about 100 new technologies that had to be worked through to do it plus about that many unknowns and all before a silicon digital computer was invented.
Maybe LQMT has potential but it's starting to sound like a joke, a brilliant mind would question it's potential after almost 20 years of nothing / nada and 1000's of brilliant minds obviously have (tons of smart people are not invested in LQMT just to keep everyone here humble)!
Okay here is what I don't get: If the opportunity was so great based on all this info - possible Apple frames, possible medical, possible..., and of course the great and wonderful wizard of BMG Lugee Li himself, the greatest mind and business man of the BMG world to hit planet earth. How come only a few dozen people here at iHub seem to recognize these facts? Seems to me that if this was all true there would be "others", many "others" that would recognize this and the share price would be going up dramatically every week if not every day? I have been hearing from this board that Lugee Li is the savior of the BMG world since according to watts Steipp was the loser of the BMG world (which so far is unsupported by watts or the share price or the revenue of LQMT). As far as pure LQMT, Lugee so far has not shown one iota degree anything better than Steipp and that's a pure fact at this point in time today. Maybe it changes tomorrow, but for the last 4+ years - nothing!!!
But I thought LQMT LF building has been shutdown? The building is for sale and the 12 machines either sold or are for sale. So what is all the hope around this message - is there a LF building? Is there 12 machines that can give us 50 million revenue or not?
Exactly and that was my exact point!
Nobody here can say for certain that Li didn't pay the 63M for the IP and went to China with a suitcase and doesn't plan on coming back.
Are you saying that actual LQMT manufacturing will come back to LF at some point? Hence the reason for the electrical upgrade and options for execs?
Let's assume for the moment, and sake of argument, that these 90 (or 50?) some machines are mostly dedicated to do some type of Apple iPhone "stuff" in the near future? Obviously in China - do we have proof beyond a reasonable doubt that the revenue for manufacturing this iPhone "stuff" comes back to LQMT US or LF or whatever so that LQMT reports the revenue for this on there "future" 10Qs?
Just think in 2010 we could have sold our shares of LQMT right after the Apple announcement when it went to something like $1.80+ a share and bought Netflix for $7 something a share. Monday morning quarterbacking is always fun but never works?
Who are the two guys in the booth?
I put in an order on Sunday night for 1600 more shares; executed this morning at open at .105.
Here is the issue currently at hand as I see things with LQMT USA / LF:
1. Nobody here can clearly articulate how LQMT USA/LF makes money from the "maze", even Lugee hasn't articulated how that happens with 100% certainty.
2. Nobody here can for certain know that Lugee didn't buy LQMT USA for the IP and and all our dreams didn't go to China in a suitcase!
3. Nobody here has yet for certain without a hint of doubt said if LQMT LF is in fact there and has potential to be operational one day in the future or is without a doubt closed 100%.
4. LQMT does have a website and a design guide and still evidently does trade shows if that means much going forward.
Having said all that I'm still holding, but nobody can say this isn't one of heck of a "Long Shot"!
Somebody famous in a book said "A long shot almost never pays off"!