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Exactly. And there are plenty of those.
Facts? We don’t need no stinkin’ facts.
That's not "our" John Kang. "Our" John Kang never went to medical school. However, there is an oncologist by the name of John Kang. That's who was interviewed in the article. So, in a way, that's good news for us. It indicates that there are physicians out there who understand the benefits of liquidmetal alloys!
Any predictions regarding share price following the MWC?
BTW, thanks for the link.
I agree. I do not believe Li is in LQMT for scraps. I’ve always thought he was in it to make a huge profit for himself. But if that is true, how does that fit with his promise to Eontec shareholders to give his stock in LQMT to them?
Unfortunately, it is not as simple as you (and I) would like it to be.
BBoy, I truly love your optimism. Like I stated in other posts, I’m rooting for you. There is nothing I’d like better than to see your predictions come true (while I am still young enough to enjoy massive profits). So stay positive Amigo. You are a bright spot on a cloudy horizon.
I agree completely.
As for my shares, they have become an albatross around my neck. Honestly, I can’t wait to unload the bulk of them. My average cost is well below current prices, so in the (hopefully) near future, each time it pops on high volume, I’ll sell what I can (without driving the price down). By the end of this year I hope to hold a much smaller number of shares, and will continue to hold them until that “inevitable” $3-$4 share price.
We never received a PR for the 600 percent increase
Without a PR prior to the Q4 report, the numbers will be underwhelming.
I’m glad you gleaned some meaning out of that “reading material,” and that you see a concrete connection between it and LQMT at LF. To me, it’s little more than a word salad.
Please pass the dressing.
The Maze is the path to global dominance of Liquidmetal.
IMO, medical device parts is likely to be the first avenue to commercialization.
While I’m not ruling out CE, the way I see it (based on the company website as well as conversations with some of the past and present Execs), it will be some time (years) before they crack the CE market.
Sixteen years ago I reached the conclusion that the material is transformative.
Two or so years ago I reached the conclusion that the company best positioned to commercialize the alloys is Liquidmetal Technologies, Inc.
Time is running out. I’m now hanging on with no conclusions whatsoever.
Thank you, Grasshopper.
The concept of opening one's eyes to see what is there also includes opening one's eyes to see what is not there.
Great Summary!!! Thank you. -- And good luck to you as well.
There really is no fluff or misleading PR. Just a company with a new material trying to find an application to catapult them and some very disappointed but always hopeful shareholders.
Thank you. That was very helpful, indeed.
Perhaps I am overly optimistic, pinning my own projections on fluff (forward looking statements), rather than on what I thought was material outlook. How do you interpret the statement made by BB regarding the products in the pipeline?
I couldn’t agree more.
In your original post you wrote:
Since LQMT has released no PR in over 3 years regarding material outlook.
projects that are progressing to domestic production
Bare in mind they are not to blame for anyone selling or buying. Since LQMT has released no PR in over 3 years regarding material outlook.
We continue to drive ongoing projects that are progressing to domestic production,
Rare potential...
“I am excited to join a technology company with such rare potential for rapid commercialization. Upon initial review of our business and customers, I see a rich vein of opportunity with many untapped applications, even within our current customer base. We have an A-1 list of prospective customers. My priority is to work with Bruce and the team to bring our current programs through the development pipeline into production.”
Gotcha. Thanks for the clarification.
Does Apple’s behavior shed light on LQMT‘s poor sales record?
Apple has invested many millions of dollars, and countless hours spent by some of their top scientists, doing BMG research and development. As a result, they’ve filed dozens of patents over the past 8.5 years. Yet they still have not used any of those patents, or any of the 50 original patents they purchased from LQMT in 2010. Why not?
We are quick to pound LQMT for their inability to sell BMG parts, yet one of the worlds largest companies has been sitting on its hands (patents) for over 8 years without so much as producing an equivalent of a hybrid knife or an Isolyte part. So the question is, does the lack of sales by LQMT reflect poorly on LQMT’s ability to sell, or does the fault lie in the fact that the alloys are still not ready for prime time use?
I apologize in advance if I misunderstood what you wrote.
First, did Apple ever publically declare that they would invest money into either LQMT directly, or into R&D? I can’t recall any such “promises” made by Apple. That said, since 2010, Apple has invested many millions of dollars in BMG R&D, as documented in this forum by all the patents Gamsec has made us aware of. And many of those patents are the property of CIP: a wholy owned subsidiary of LQMT.
WTG Andy. Keep the faith.
Well said!
Yes. Things have changed: not the least of which is the fact that LQMT can now offer parts (using LQMT/Eontec alloy) at 1/3rd the cost of the original alloy. That is a HUGE savings to the end customer.
And under Steipp, the company was always just a few months away from bankruptcy. Looking at that way, why would any significant customer be wilingl to take a chance and place an order with a company that might not be around in a year?
My last conversation with Tom was about the benefits (read $$$$) that Lugee would bring to the company. Tom told me there was no other option but Lugee when it came to raising enough capital to do what needed to do to make the company successful.
This is a brand new era, and it always takes time to succeed.
Steipp said they had over 300 RFQs, and that he was hopeful they would lead to 10 to15 orders for prototypes... and he inferred that might translate into 4 or 5 actual production part orders. Well, we all know how that turned out, don’t we? News was plentiful back then. At the time, those reports made us happy. But where did that get us?
I’m more comfortable with the dirth of news coming from the company these days than I would be with streams of positive sounding press releases and hyped introductory updates that typified all of the pre-Lugee Li years. Nothing in the era of Lugee is the same as it was in prior eras: not the amount of news coming out of the company, and not a lack of really significant orders going through the current pipeline.
So if “beeching” about what was makes some on this board happy... go for it. But it will do as much good as a PR issued during the Steipp/Hauck era.
Who do they have "NDA's" with ??
Yes. 9 years is a long time. But if you read what I wrote, amigo, you’d know I wasn’t addressing the entire sad saga of Steipp and his promises. I was only addressing Kris Kent and the inane remarks, by some, that he was another Paul Hauck.
I do thank you for confirming Steipp’s description of how long it can take to go from interest to an actual order. Too many people on this board think a customer can simply place an order for a part and get that part in just a few weeks or a few months at the longest. (I know you are not one of the disillusioned.)
And you, of course, have proof that the NDAs they mention are feeble excuses. I bow to your superior knowledge.
Would you mind sharing your proof? Thanks in advance.
do you have any links to back this theory?
We recognize that leads need to become qualified opportunities that then yield prototype orders and ultimately production orders. This takes time and we certainly don’t expect every RFQ to turn into a production part…
I think, it would be helpful to look at the typical process of evaluating a strong candidate application or RFQ for a business. I'd like to share the process and the level of attention that's required to provide our customers with an intelligent response. This should yield the reasonable idea of the level of activity around customer attention provided by the Liquidmetal team when multiplied by more than 100 RFQs quarterly. When one of our MSRs gets to the point of generating an RFQ with the customer, it is quickly screened to determine its applicability to our technology. If there appears to be a good fit, it goes on to engineering where it is carefully reviewed for dimensional tolerance requirements, overall part geometry and performance expectations.
Most often, we generate tooling and part cost estimates referred to as budgetary estimates to communicate to the customer our expectations of overall production costs to see if we are in the ballpark of their targeted requirements. When we have a favorable response, we follow up with the detailed formal quotation. In most instances; this involves interaction with the customer on design details of the part including all aspects of fit, form and function. We often hold more than one design review meeting with the customer to communicate our process technology requirements and identify design expectations that fit our process and their final product assembly needs.
Since it takes a year or more to go from initial interest, to requesting a quote for the cost of a specific production part, to getting budget approval to proceed, to designing and producing a mold, and then making a few hundred prototype parts for testing... and then testing those parts for soundness, fit, accuracy, wear, etc., - and then, in some cases, re-designing a second or third iteration of the part - before an order is signed, How IN The World Can Anyone Assess Kris Kent’s Job Performance, Given The Fact That He Has Only Been On The Job For Just The Past Several Months???
I'm always appreciative of the information you gather via your research, and how it allows you gain knowledge about what is and what is not currently going on at LF... even though that information is largely kept secret because of NDOs. Please continue to provide us with all this valuable inside information; e.g., what Kris Kent has or has not accomplished, and what LQMT has, or does not have, in their pipeline... or whether or not they even have a pipeline.
I eagerly await your next report.
Yes. Since Lugee, the flags switched from red to green!
Valid point, BBoy. But in the end, we are responsible for our own actions. Speaking for myself only, I wanted to believe the BS, in spite of all the red flags... and there MANY red flags.
String investors along?
Of course a middle option is they have just enough going to keep share price where it's at, and string investors along for another 6 months.
When Samsung chose LQMT for their hinges, it was a ME ONLY option. That said, I’d love to see LQMT back in the hinge manufacturing business.