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2nd day in a row LQMT dips into-0.10’s. The anemic volumes and liquidity realistically speak to all who think due diligence can be found from copying and pasting information that cannot lead to any contracts regarding consumer electronics. That’s not an opinion it’s a LQMT fact supported by LQMT’s 10K and LQMT’s recent conference call.
If anyone is going to find any great due diligence it will only be found in LQMT’s March 2022 release of the 2021 annual filing.
Great find. LQMT dips into the 0.10’s again.
It’s not a great find. A direct link to LQMT would be. Has nothing to do with LQMT.
It’s going to be painful for anyone interested in more theories and believing you can short LQMT stock with low liquidity and low volumes. To the rest it will be the usual expected and anticipated failures of an over 3 decades company in pursuit of success.
Perhaps some golf club fees will be added to the mix. But the pps right now is a mirage. A more realistic share price would be about 0.03 cents. That share price would still be way over what it’s worth right now.
What happened to March 2022? No contracts no explosions no 0.25 cents no volume increases no interest in the stock no connection to the reality of 0.11 cents and anemic liquidity and demand for LQMT stock. Not even 0.19 cents. More redundant theories and not more contracts.
All are interested in contracts. Contracts moves the share price up. Not copy paste theories. LQMT has proven that, while theories for years do not produce revenues for LQMT.
Investors are holding out for contracts not theories and rumors or hype of them. Sounds to me like someone with just theories maybe just trying to pump the stock. And pumping never works anymore with LQMT. Just look at the 0.10 cent price average and anemic interest. Those two things are reality not theories.
How is that good news? No contracts. Contracts is good news. There is nothing there to connect LQMT to a contract.
Why is that a great find? Has nothing to do with LQMT. No contracts at all.
What does that have to do with LQMT and the 10K?
What does that have to do with LQMT at all?
The answer: NOTHING.
Personally Anyone who bought at 0.10 or .09+ recently would love another .04 cent pop. But realistically those things take time. Sometimes a year sometimes less.
Perhaps you can explain your post.
Ok ok, exactly what is keeping the potential float boat afloat? contracts or assets?
Revenues or expenses?
Hmmm? What a conundrum.
Is that 0.11 cents real or a real mirage?
Anyone want to sell a few million shares to find out? I don’t think so.
Does anyone know what LQMT did today regarding negotiations towards a contract or any progress towards one?
Anyone? Tic tic tic tic tic tic.
Did LQMT release any news?
We see neglect by LQMT in their style of management.
We see neglect by LQMT in their style of lack of communications. We see disrespect. These facts shared by many shareholders of LQMT were magnified when China invested in LQMT vis-à-vis Eontec vis-à-vis li. It could be a cultural thing the same way communism disseminates information from the top down or the way many businesses in the USA under a democracy disseminates information from the top down.
Either way, many think it’s BS and does not help any investor.
Let’s provide whole picture: Read it again it’s in there. Lines 3, 4 & 5.
1. From the March 2022 10k. Unlike previous 10K's, LQMT,
2. does not state they are pursuing Consumer Electronics in
3. any shape manner or form for their own revenue gains, other
4. than the agreements they have with Apple, for Apple's
5. potential revenue gains. Not one iota of consumer
6. electronics is mentioned to be manufactured or licensed.
More to follow...
Read it again:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168581613
It’s not a copy and paste of the 10K agreements. The LQMT/Apple agreements mandated the clause you referred to. That clause is for Apple’s benefit in developing future product parts exclusively for Consumer Electronics use and future product parts exclusively for every other Non Consumer Electronics use by LQMT. That’s the whole picture and nowhere in any of the filed LQMT documents with the S.E.C. does LQMT need Apple’s approval to include pursuing a part for Consumer Electronics, if in fact that part does not violate any part of those LQMT/agreements since 2010.
The whole picture was and is always there. Any mention of Consumer Electronics in the 10K is for APPLE’s Benefit and not for Liquidmetal Technologies inc. Any research done by LQMT and by Apple regarding amorphous metal is shred with Liquidmetal Technologies Inc. for LQMT’s gain in any product part other than Consumer Electronics.
If you or anyone else finds this to be otherwise in any of the filed documents from LQMT. Post it and let everyone else know of it’s existence.
As I stated in my post about LQMT & CE, there is more to follow. There were legal reasons for why this 10K was worded differently regarding the pursuit of Consumer Electronics by LQMT. The agreements are very clear on this. There are no gray areas.
It would be disingenuous or a misunderstanding of the agreements to suggest that LQMT can in anyway manufacture or contract a part for consumer electronics to gain revenues or fees.
It’s like saying LQMT intentionally wants to suppress their revenues, while others can earn millions. To me that would be fraud committed by the company. I don’t believe LQMT is intentionally or unintentionally committing fraud.
The inclusion of stating pursuit of CE or the removal of the pursuit of CE In the 10K, is a legal interpretation to avoid legal conflicts with anyone investing in LQMT or thinking about investing in LQMT, and to avoid violating the spirit of the agreements and to protect any agreements under non disclosure agreements.
Now what I have stated is about 99% of the whole picture. That other 1% of my opinion regarding CE will be posted as I review the 10K.
From the March 2022 10k. Unlike previous 10K's, LQMT, does not state they are pursuing Consumer Electronics in any shape manner or form for their own revenue gains, other than the agreements they have with Apple, for Apple's potential revenue gains. Not one iota of consumer electronics is mentioned to be manufactured or licensed.
More to follow...
Now that’s an optimistic price after qtr 1.
I guess that answers the golf club question. The top 10% won’t be investing in or using Liquidmetal golf clubs. But maybe just maybe the bottom 50% just might. :)
Thank you, for your comment on my post.
Regarding those golf clubs…
You might get a more favorable opinion about the golf heads in Japan. I hope so. Or in Hawaii. Brooklyn, not so much. Like California, sometimes other places are our best bet for setting trends. I don’t know if it’s true today, but years ago just about every new product was trial tested in Rochester, NY.
Good luck to you.
I once had a small investment in the original Kinda Morgan Co., way back when it’s ticker was KMP and sold when the company went private a long time ago. I’ll have to inquire about KMI. The decisions to buy and sell were not mine. I believe it was done for the dividend and capital gains distributions.
Thanks.
Thanks that was already done late March 2020, when workers began working at home at the beginning of the Wuhan flu/Corona virus outbreak.
Also put money into LNG and a few others.
I can’t take credit for it.
Another week passes and LQMT is up 6.5% another from 0.107 to 0.11395 cents on extremely low trading volumes. The shares of LQMT are subject to wider price swings due to the anemic trading volumes. This still causes confusion and paranoia by some to believe the price of this anemic trading stock with a lot of potential yet to be realized since inception over 25 years ago is being manipulated.
Another classic example of this occurred on the last trading day of the week, Friday. When trading paused around 12:26pm the share price 0.1101. and resumed around 3:09pm. Just 30,866 shares traded around an average pps of 0.112 cents in that last hour. Just $3457 dollars moved the share price up 3.5% to close at 0.11395.
This trading pattern is a strong indicator that long terms are holding right or wrong and new outsiders are not interested right or wrong.
One thing is for sure. No new contracts are pushing the stock up. Just a few bucks.
Good luck to all in LQMT.
A play on words: Check out the patents applied for by Li, in the area of NEW LIGHTER MATERIAL for auto vehicles.
Read the LQMT/Apple agreements again. LQMT transferred a substantial percentage of it’s IP. We do not know what was not transferred. That significant percentage was written as SUBSTANTIALLY. The company, in which the IP was transferred to is wholly owned by Liquidmetal technologies inc. No question there. However, there was a certain portion of the LQMT IP, transferred for permanent use by Apple. That portion that went to Apple was 100% exclusive use of the IP for consumer electronics products. Then the rest of the IP was transferred back to LQMT, the portion excluding consumer electronics.
LQMT already received a one time fully paid up fee for that transfer.
So let me get this straight. LQMT owns the trademarks via the transfer company, regarding those applications posted but not one more penny from any revenues derived from any sales in CE in perpetuity?
If that’s true, then no one is missing anything.
Who owns these trademarks?
https://www.trademarkelite.com/europe/trademark/trademark-owner/Crucible%20Intellectual%20Property,%20LLC/881804
Sharing is one thing. But who owns a the trademark?
Here’s something to think about. Year over year. April 14 2021 to April 14 2022, LQMT HAS BEAT OUT THE S&P 500. :)
Now that is a great find and factual too.
Good luck to all in LQMT.
I don’t think the accuracy of those LQMT numbers was the message. Would $260,000 or $26,000 more made a big difference? The focus on LQMT was a overview. I don’t think it was an independent audit. Even with some exaggeration the message focused on LQMT was very clear. The discrepancies do not change the meaning of LQMT’s recent growth history or growth expectations going forward. That too was outlined in the CC.
If you have better data about LQMT’s future, it would be very much appreciated. I’m reviewing the 10K statements my self and looking for positive probabilities. The accuracy of numbers at this time is not as important as the accuracy of a timeline for probable contracts.
With the earnings LQMT is reporting, $20 or $30 thousand is not going to make a hill of beans difference. Neither is using math rounded off by an external source or actual 10K’s of LQMT.
A better material was developed by the department of defense for the skin sheets of amorphous metal.
They incorporated a polymer with amorphous metal.
Thank heavens they are collecting rent. That’s one less contract LQMT has to worry about each year. But I still think that car wash idea would have been more profitable. Maybe with that power upgrade that they were approved for and adapting they can still install about 30 electric super chargers for cars and trucks in LF CA and earn even more $$$$$$. :)
And rent out another corner of the property to Starbucks to earn more $$$$$$ while the vehicles are being serviced. :)
For a very long time LQMT knew they needed more than one source to satisfy & supply mega contracts in the USA. So what did they do? Did li invest in the USA to have another go to source to manufacture? Did li invest more in the LQMT? No! Li ceased domestic operations rented out the LQMT OH, and transferred all manufacturing to China to recoup his loss from the lost value of LQMT stock. Even BB stated LF CA, did not have the capacity to manufacture high volume parts. So why shut it down? Why not expand? IMO, the decision to shutdown LQMT USA was Li’s decision. There was no shareholders vote!
It’s obvious who’s making money from this decision. Li is. Only Li. If anyone wants to point fingers or find blame for LQMT’s present day situation. You can point at the executive who has over 405 million reasons to earn $$$$$ with less headaches and cheaper labor. China, not the USA. It’s all business nothing personal IMO.
My opinions are always worth less than the price of LQMT.
Good luck to all in LQMT.
Maybe 8 years old, cash is running out. :)
Regarding LQMT & The term composites in conjunction with amorphous metal alloys has been used verbatim ever since the first annual 10K was filed twenty years ago, 15 years after being incorporated and one year after registration to be publicly traded and can be found verbatim in every 10K filed.
What cannot be found yet are the contracts to grow LQMT’s 10Q’s back to a million and higher per quarter in conjunction with their filed 10K’s to reflect that growth LQMT once had.
Good luck to all in LQMT.
Nothing new under the sun,
Ecclesiastes/1-9.
A very good overview with a little exaggeration of what occurred, occurs and will occur, when management of A company fails to increase sales instead of debt consistently.
When cash runs out? What happens. Anywhere from more dilution to pay bills to completion of selling the rest of it’s IP, trademarks and any other good will value and assets and closing it’s zoom call doors. That’s the risk all take when making this type of investment. It’s not like anyone bought in and there was ever growth in this company to the tune of 50% and higher year over year consistently.
That’s why anyone seriously In this should discard the hype and pay very little attention to the carrot in front of the horse speech given by Bruce Bromage in 2020 and pay more attention on what LQMT actually did and what they are claiming to do in that rare moment in which they ever do succeed.
From a historical perspective its more IF then WHEN. From a current perspective there is no IF or WHEN. From a future perspective LQMT seems to be putting an external infrastructure in place to supplant the domestic one they planned on having when they first had visions of grandeur at LF CA. To make the IF look more like WHEN.
You make very good points in your picture of how effective or ineffective present management has led LQMT for the past five years. Those numbers reflect what I think everyone may already know.
They do have revenues. They are existent. They just don’t exceed the operating expenses. They do have prospects in sight. There values are always unknown until a deal is made and products are shipped. They just have a zero timeline in sight for any prospects to come to fruition. All of which does not do any shareholders any good IMO.
You are welcome.
Just a heads up opinion from reading what is not written in the 10K, but hidden in plain sight. Has absolutely nothing to do with Apple directly or indirectly and does not require a waiver and can open doors to greatly increasing revenues.
Let’s set aside any conceivable NDA’s.
A company manufactures nails and tacks and pins of various sizes. Another company sells them. Anyone can buy them from and use them anyway they see fit from securing moldings, joists, two materials softer of any kind or to use as art or ornamental decorations. Basically various nails and tacks and pins can be used for any reason a buyer imagines.
LQMT manufactures hinges and other prototype amorphous metal parts. What the buyers do with those materials, when they sell them to other buyers may permit LQMT to receive large orders for retailers or private distributors to restock hinges.
It may not be this simple and has to go through legal interpretations of what is bound by circumvention and is not. But if the conclusions are that the sales of hinges to a independent retailer/supplier not a party to any lqmt/agreement does not violate the lqmt/Apple agreements. Then LQMT may be able to earn increasing revenues from the sales of hinges.
It’s a far stretch and extremely speculative. There are no direct facts to support this theory. Only the stated facts and NDA’s that may be surrounding the LQMT pursuit of CE found in LQMT’s 10K. It is a theory, a hypothetical, a hunch that lqmt might be pursuing and discussing with Apple to avoid any legal challenge.
Good luck to all in LQMT.
As promised; From LQMT’s March 2022 10K…
Annual revenues decreased 18% year over year from fees and manufacturing parts sales. Gross profit decreased 50.2% year over year.
There were absolutely no explosive data or going forward commentary of any kind or any misleading forward worded commentary from LQMT to indicate any reasons for the stock to increase in value by any amount. The 10K filed is a very detailed account from a new accounting firm detailing how revenues are recorded, when products are shipped and the probability of collecting the revenues are probable as well as when revenues are recorded as deferred etc.
In it is found no basis for why anyone would no more from the outside than those executives accountable to the shareholders for its operations positive or negative.
The posts of the 10K data are factual. How one views the data as positive or negative is irrelevant. What one does with the facts are what really matters going forward. Knowing the facts and reality of what LQMT is doing and attempting to do, imo, will help all formulate a sound strategy.
Speculation of outcomes from trademarks and patents and partnerships can mislead anyone that contracts may be imminent. How many times has an investor said to themselves; This is the year LQMT goes to a dollar? How many times have investors said; that’s it I’m out this year? And what did we all based this on facts or speculation? I believe much of it was on twisting the facts to suit our own speculations.
After so many years of doing this being that I am invested in LQMT over twenty years, I try to form a positive strategy on the facts and give less credibility to the speculation since 2017. That strategy posted dozens of times seems to be the most successful strategy, while waiting for LQMT to grow revenues.
Before contracts ever existed at inception just about all outsiders invested in LQMT on speculation. Even with a few new contracts new outsiders since 2010 have invested purely on speculation.
The LQMT is 70 pages filled with important information and many more pages in the external exhibits of filed statements, some marked confidential and all filed with the S.E.C.
The numbers are easy to discern. The written data not as much. As I review the 10K, I will post what I find that may help all invest or not in LQMT. More to follow.
Good luck to all in LQMT.
LQMT’s share price may drift lower once again. But it is not the end of LQMT. Just another opportunity to earn more $$$$.
That advice or opinion is the exact weight and focus LQMT has been stating in trying to grow revenues ever since the LQMT/Apple agreements back in 2010. Only The Swatch Group was permitted to continue under the CE agreements, when LQMT sold their CE rights to Apple in perpetuity in 2010. Thus preventing LQMT from ever entering the CE markets without a waiver from Apple. It’s what led to the next sales in 2016 of it’s IP to China and footprint and 46% control of the company. Which led to the closing of LQMT’s manufacturing operations by LQMT for LQMT in the USA in 2019-2020.
Before those sell outs due to mismanagement LQMT was earning more than a million dollars quarterly. Their cash burn and operating costs always exceed profits to this present day.
LQMT was not and is not the only company to sell out operations in America for cheap labor and a chance to make more money. But it is the only one I know that gave up their IP and the ability to sell and earn money from the huge Chinese footprint. The second largest global market. It’s a big reason why revenues are anemic compared to the earlier years of growth. It’s why China claims to be manufacturing parts for CE and LQMT is not.
Your assessment for where to be more focused is spot on and apparently the customers of LQMT and LQMT itself reflects that focus and backs you up, even though the portion of revenues at times may be greater from CE in terms of fees than non CE parts. When golf club fees are earned that too might change.
Thanks for the input to all who replied.
June 10th, 2014. What happened to…
https://www.thefabricator.com/thefabricator/news/metalsmaterials/liquidmetal-technologies-usc-develop-amorphous-metal-sheet-manufacturing-process.
Anyone?
What a way to start a year. Without a recession and no new contracts, LQMT, can head south towards 0.0738 cents. And with a recession and increasing interest rates there are no bottom price limits. And those predictions are based on facts not hype. They are based on two consecutive years of reductions of contracting annual revenues reported by LQMT, global disruption of almost all product availability in all industries, increasing geopolitical frictions, rising inflation and interest rates.
These are not theories or dots or dashes. These are not tea leaves or hype. You don’t need to be a brain surgeon or rocket scientist. A third grade education is enough to see the elephant in the room. Ignoring facts will not diminish them except the increasing pain from not rebalancing one’s portfolio.
LQMT can still become the outlier in the room this year with a mega cap contract. Other than that inflation and other factors that increase the costs to operate will erode small revenue gains.
Good luck to all in LQMT.
The potential for LQMT to succeed in the future is not in any way reduced by any CE product’s reduced potential to use amorphous metal from LQMT’s IP for future revenues. But rather by LQMT’s cash burn for it’s future means to sustain itself until future revenues increase from all endeavors.
Good luck to all in LQMT.
Another week passes and LQMT is down another 10.7% from 0.1199 to 0.107 cents on extremely low trading volumes. The shares of LQMT are subject to wider price swings due to the anemic trading volumes. This still causes confusion and paranoia by some to believe the price of this anemic trading stock with a lot of potential yet to be realized since inception over 25 years ago is being manipulated.
Fundamentals of the company have not changed. New partnerships and increased touting manufacturing capacity have yet to grow the company’s bottom line. Operating costs are going up, not down and so too are the annual revenues. In essence like the potential for amorphous metal from LQMT to be theoretically employed in many actual products yet to be realized so too, have the expanded manufacturing capacity and partnerships yet to be realized.
Want to invest in a company over 25 years old, with great potential and little else to possibly make big bucks? Then LQMT just might be the ticket. Before you say no. Just remember there are already at least a few hundred ticket holders. It’s not about the theoretical amorphous metal IP or trademarks or patents. It’s about the potential for incorporating the IP into products old and new and then selling them to customers. While others are having much more success with using LQMT’s IP. LQMT is still struggling to do the same.
What’s changed that might make LQMT more attractive to a new dice roller or give more confidence to existing shareholders? For the first time partnerships abroad are claiming to have much more success with LQMT’s IP.
These claims, although may be true are not verifiable by F.A.S.B. Accounting used in the USA. Many of these companies in China claiming increasing success with amorphous metal have government interests invested and controls. Thus their operations are subsidized by government controlled banks a common way in which business is done in China. Making it more difficult to discern if a company is profitable or not. In the USA it’s done with bank loans and venture capital and sales of shares. Plus the accounting and audits have more restrictions.
What lies ahead? That question remains unanswered for many years and for many reasons. From LQMT’s historical performances and failures to increase revenues forcing its sale of the most important aspect of it’s IP to Apple, Consumer Electronics, to selling out it’s most important footprint to earn revenues from China and other geographical markets, to it’s recent 10K and welcomed, but disappointing conference call.
What lies ahead? Ideas and theories and expectations for a chance at possible growth. From more small contracts to large contracts. Basically the same ideas shareholder’s have been expecting since LQMT’s inception.
You will see products posted, trademarks posted, patents posted. You will see charts posted and unverifiable sales data posted from other places as well as unverifiable commentary outside of LQMT that some may be interested in.
But the one thing that all want to see are contracts. Actual contracts growing LQMT’s quarterly revenues and annual revenues. Or a mega cap contract in any of the endeavors that LQMT is pursuing.
Yes, LQMT is still in the basement, still in the hangar, still in the railroad yard and it won’t leave the basement, it won’t get onto the runway nor will it get to the train station until there are announced contracts from LQMT.
To that end…Good luck to all in LQMT.
They are not just views they are facts you are disagreeing with as well. I’m glad you are happy with management of lqmt. It’s nothing personal.
But the facts are that the shareholders of lqmt are not in anyway responsible for lqmt’s operations or performance or inabilities to grow the company and are not the blame for the extremely low anemic daily trading volumes, new outside shareholder interest or the reasons for the share price being stuck at around a dime and on a long term decline during a time frame in the USA, when just about all of the stock markets were going up 100% as you pointed out.
We can disagree on views of opinions and how one views an opinion. But laying blame on the long term shareholders of a company as the reasons why lqmt has not been more successful is a new one on me. As far as I know and I don’t know much. Lqmt makes it very clear in their financial statements with a list of examples of why the company may not be successful and has stated in their lists every year the reasons why the company may not grow or ink a contract. Lqmt factually does not lay blame on any of the existing outside long term or short term shareholders no matter how those shareholders views their investment.
I understand your views. I asked you for your opinion. You stated it very well. Your description of what shareholders are doing, seem to be spot on. But all I am saying is that is not why the stock is trading around 0.11 cents and stuck there based not on my opinion, but based on what lqmt the company itself is stating to anyone who reads the 10K’s are the reasons. See pages 10 through 20 of the last 10K. All facts, and all opinions from lqmt. Not my opinion.
In essence in my opinion you are not disagreeing with me as to why lqmt’s stock has low daily trading volumes, liquidity and sales revenues. In my honest opinion your opinions are disagreeing with the executives of the company who are responsible for all of it’s operations and you are disagreeing with those lqmt stated reasons.
Review management’s views on RISK.
Of course when rumors abound about Apple or Tesla and market gurus try to pump or dump a stock on large trading volumes, lqmt in no way is responsible for that or any misinterpreted information lqmt states or someone else states.
I’m glad our opinions can be debated and shared openly. Opinions of different views makes for a more informed investor whether one agrees or disagrees with them.
Good luck to all in lqmt.