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This Lake Forest, CA-based company’s name—“LiquidMetal”—didn’t rouse much interest initially. Duh, all metal is liquid at some temperature. But this peculiar manganese-zirconium alloy’s party trick is that it can be injected into the type of highly detailed mold you might use for plastic materials and rapidly cooled. What you end up with is a part shaped to exceptionally tight tolerances that retains an amorphous solid crystalline structure (like glass) with no heat treating or secondary operations necessary. That gives it a plasticity that’s unusual in a metal, and permits consolidation of what might have been multiple parts (a housing and spring, for example) into a single part. Limitations? Large parts are not possible (11 ounces is about the max), and parts can’t get very hot without crystalizing and changing their properties. The car biz is interested in it for things like key fobs that convey the cool touch, heft, and machined quality of metal in a one-step operation. Another bonus—electromagnetic signals of all sorts pass right through LiquidMetal parts.
From:
http://www.thetopzones.co.uk/aggregator/categories/4
It’s a BS site, but I don’t remember a rumor about key fobs?
Could have to wait another week. Could also be earlier and come back on this week . They said 10 days.
I’m going to vote for all of above.
Fist we have some contract medical announcements.
Then word of automotive. Together these will bring the pps up, maybe finally put an end to the 60cents game.
Then Apple, Lqmt used for 5G needs in iPhone.
How is that for bullish dreaming.
I’m copying the key point here for easy reference:
ZHUZHOU INVESTMENT IN EONTEC
Many of you have asked about the recent announcement made by Dongguan Eontec, Ltd (“EONTEC”) regarding new investments made in the company and changes in their overall ownership structure. According to the announcement, Zhuzhou State-owned Assets Investment Holding Group Co., Ltd. (“Zhuzhou”), a state-sponsored investment vehicle will make a significant investment in EONTEC, resulting in Zhuzhou being the largest shareholder in EONTEC. It is our understanding that the focus of the transaction is to foster the development of promising technologies for the local population and that no fundamental changes in business operations or management structure are expected.
We are not privy to details of this transaction, but we can note the following:
The Parallel License Agreement with EONTEC remains in place, on its original terms, and we will continue to partner with EONTEC to develop synergies, lower cost solutions for alloy and production tooling, and identifying new applications for the technology.
Professor Li remains committed to the development of amorphous metal technologies and will not be changing course on this as he continues to lead the operations of both Liquidmetal Technologies and EONTEC.
Professor Li’s investment in Liquidmetal Technologies continues to be held separate from his investment in EONTEC, and the Zhuzhou transaction will have no impact on our ownership, Board of Directors composition, or operations.
While we do not foresee a need to provide formal updates on this matter, to the extent there are additional related events or circumstances impacting Liquidmetal Technologies we will clarify such developments in future postings.
Sincerely, Bryce Van
https://www.liquidmetal.com/exec-supporters/
I agree with your general sentiment that pps can very often have no basis in reality. I would joke for years with my sister that her little business made more profit than Amazon, because Amazon went years at a loss with ever increasing pps. All based on speculation and hope (not entirely incorrectly in the case of Amazon).
Off course it works in the other direction as well. In my opinion Apple’s pps was way undervalued when the iMac and iPod started its long ascent.
So here we are. A few months ago we reached 44 cents on hope and speculation. What if the Martin and dental news would have hit at the open house? Would the price have gone down to 23 on profit taking? Would it have gone up further because of the timing of the announcement meeting our expectations? I think we would have had a spike and then drop to the 30s. Pure BS speculation on my part, off course.
If the news of BMG starts to go public and it becomes the new “plastics” as in the Graduate, then the pps could go nuclear based on no profits and all hype. Let your unicorns ride....
I read a story years ago that Boing gave over all their trade secrets to be able to manufacture in China. A few years later China was building their own planes. It is a real problem.
I hope we get a piece of the pie in whatever is going on. At this moment I’m very glad to have Apple on the side of our patents.
Thanks for posting.
Am I Reading this right that the shipment is going to ThyssenKrupp?
A google search says they have facilities in Houston. TK elevator and TK Materials, the latter sounds like a reasonable destination.
When you say we don’t have a crumb, I disagree. The dental and Martin announcements are more than we had before. Moreover, the stuff brewing with ConMed makes end up being much more than a few crumbs.
I see progress, not more of the same. I definitely don’t see another 7 years development.
Agree 100%
Thanks for pulling the numbers together. I hope your right.
We were hearing about Tesla shipments last Fall and not much showed up on the revenue front. I’m not yet convinced that LQMT is a big winner here.
Thanks for posting. Very informative. I play guitar but had no idea so many kinds of bridge pins are available. One poster mentioned $100 for a set of 6 titanium, so maybe that is a reasonable guess for possible retail price.
The video posted on that blog is good at comparing the effects of different materials. To my ears, plastic sucks and you do get a more bright metallic sound with brass. Wonder how the liquidmetal pins will sound.
Thanks, makes sense.
Recent article about liquidmetal watch dials.
https://www.watchtime.com/wristwatch-industry-news/watches/blancpain-adds-new-complications-to-fifty-fathoms-bathyscaphe-collection/
Is Blancpain part of swatch?
Shouldn’t swatch be added to the customer list on the LQMT website?
Beginning in 2017, the team will work with industry partners to conduct clinical trials and market the device. Candidates for clinical trials will likely be patients that have high levels of antibodies and have been waiting on a transplant for a long time. Dr. Fissell and Dr. Roy hope to market the artificial kidney to patients beginning in 2020.
https://my.vanderbilt.edu/kidney/
The artificial kidney at the liquidmetal website is from this Vanderbilt project.
You are correct. I use to work in s surgery department and heard about such issues. Re-sterilization is a problem. Two types of sterilization: gas and autoclave. The first is used to avoid melting plastic parts. I wonder if Liquidmetal can be used to replace the plastics?
Yup, all good.
The potential for Liquidmetal in this field is great.
Liquidmetal.com/customers
The customer website mentioned one product. I imagine they will start with one and see how it goes. I believe there is lots of potential here, but it will take time to get Liquidmetal into more of their products.
Watts,
As someone who has been there done that, would you have stated a 90 day period in the blog post? Everything that was said could have been said without a clear time commitment, IMHO.
I read Hauck’s post to mean they were very sure to have something to report in 90 days. I feel the two contracts announced and the teaser from Conmed have satisfied this ‘promise’. Could there be more soon? Hopefully.
A few months ago we hit 44 cents on the anticipation of a contract associated with the open house. Now we have our first two contracts since the knife. I don’t believe these contract will bring in a lot of revenue, but they are with reputable companies and a good start. We are also expecting more to come. So let’s see if we can get back up to 44 and then beyond.
TWT
Thank you Watts!
I’m happy for every little advance. As fun as a home run Apple mega product would be, I think steady slow growth and accumulation of smaller contracts is a great way to ramp up.
I think they should squeeze PR out of every morsel they get. They need to be jumping up and down letting the world know they exist.
Agree, it would be really stupid to give a specific time period if you don’t know already that you can deliver something in that time frame.
Well they are listed on a Liquidmetal website called “customers”. Could be they are in the final stages of an order but confident enough to let Liquidmetal put up a quote. Paul is nearing his 90 day deadline after all and needs to show something.
Yup, caught my eye as well.
https://www.liquidmetal.com/customers
Image
ConMed had an ambitious goal to break the mold in a crowded IP space—a challenge that could not be met with traditional steel fabrication. Liquidmetal’s strength, elasticity, dimensional accuracy, and out-of-the-gate finish empowered us to create a new surgical solution that may have otherwise been impossible—all within our cost requirements. Liquidmetal’s attentiveness in design engineering support enabled us to get from an initial concept to a well-engineered component in just 20 days. Then after a four-week prototype tool lead time, I had first shots in my hand. Liquidmetal hit every deliverable they committed to and enabled us to test our device in a clinical setting early in our development process. At every step, it has been clear that Liquidmetal genuinely cares about our success.
Seems like someone(s) wanted us to go into the weekend in solid green. Thank you for waiting until the last moments of the day to buy!
Happy Birthday and thanks for all the great posts!
It looks like the Green Closer struck again!
Yup, thank you dear stranger!
Oligopsony
Today’s word of the day on my computer. Means a state of the market in which only a small number of buyers exist for a product.
Just seems like a good word for today’s buying action.
I agree that the Martin guitar ‘contract’ is trivial and it would be worse to make a big deal of it than to do what they are doing, mention their work with the company but not talk money. Plastic bridge pins cost nothing. No idea what they are charging for the Liquidmetal kind, but even at an insane $10 a piece, $60 a guitar, you are talking about spit in a bucket. It could get more interesting if they started making the tuners or truss rods. The value of working with Martin and shoeing s guitar in their pictures is likely way more than Amy revenue they are making from them at this point.
Well, at least 24 seems to be the new 23. Here we are again dreaming of breaching 25. Wasn’t that long ago that we fought that battle, and I thought we won.
Alas, more patience.
Simply, Eontec raised money to expand in a number of areas, some that could very well be for expanded production capacity of products that benefit us. Note the section on 5G and Apple. I have been in a wait and see mode regarding Apple and LQMT. We have all been up and down that roller coaster. Still the mention of Apple suggests production of something significant may actually happen. How much we gain from that I don’t know, but I see it as positive.
Thank you for posting! Encouraging news.
Ok, I saw his profile. Not even an employee. He lists himself as an investor. What am I missing?
Also, one guy lists his location as ‘Bay Area’ and another as ‘Denver ‘. Maybe they didn’t update after moves, or they are working off site.
I just spent some time surfing the LinkedIn profiles and don’t know what your referring to. They seem to have more employees than I remember, with some hired last fall. Definite medical vibe with some. Also, many profiles were not available for my viewing since they were out of my network, so maybe one of those?
You provided a link, awesome!
It’s just the link name, a new page to the website. Not unusual or problematic in my view.