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In larger perspective, if LM is so easy to injection mold, why is the knife alone? Does LQMT inspire distrust? Is the price out of line, the molds hard to make, no track record or some other reason this is not being used more?
I felt the same way but i did not vote either way, another possibility is that Steipp thought a contract was going to be announced soon but for whatever reason it was not and the request for the increase was already in the machine.
1; Materion
2; Engel
3; LM License
Those are my explanation, feel free to prove me wrong.
My confidence is with a private billion dollar company than an unverified unsubstantiated claim made on a blog, Austrians are smart.
Correct, thats when it happened, in 2014 right?
Welcome to 2015,
Now Fiat also talks about Apple's car plans
http://appleinsider.com/articles/15/05/10/fiat-ceo-meets-with-tim-cook-says-apple-eyeing-automotive-intervention
The NDA's Hauck talked about could be the reason why nothing was said at the CC.
Maybe they came back when VPC was kicked out of the picture and Engel showed they have the BMG technology under control, they could be the 36 RFQ's last Q1 and 25 in April.
That was when VPC was involved, and no lqmt Engel units, right?
Breaking news from 2014, the VPC debacle is over and Engel finally have an efficient lqmt injection molding machine.
Try these links, basically BMG 'self sharpens' on impact making it desirable for military use.
http://defense-update.com/20041024_liquidmetal.html
http://liquidmetaladvocate.blogspot.com/2007/10/contract-for-du-replacement-by.html
https://www.sbir.gov/sbirsearch/detail/217072
(old PDF file showing whats possible)
http://cdn2.hubspot.net/hub/202786/file-21737096-pdf/docs/lqmt_ir_presentation_-_february_2013_q4_numbers.pdf
According to Steipp, Liquidmetal is finally at the cusp of commercialisation, or words to that effect.
As you will recall in the third quarter of last year, we reached the necessary agreements to consolidate sales, marketing, engineering and manufacturing within a single location. In fourth quarter, we opened our manufacturing center of excellence and were for the first time able to show perspective customers, real parts being produced here in Rancho Santa Margarita. At that point, our fully integrated sales efforts began to take off.
Beyond this new momentum on the sales and marketing fronts, we continued our internal maturation of the manufacturing process with continued work on ISO 9001 where we now expect to have formal certification in the fourth quarter of this year
Just to recap, in 2010 through 2012, we - those were the foundation years of filling out our new engineering team and getting our nascent injection molding architecture to a state of commercial viability. 2013 was primarily about getting the new technology established with outside partners like Materion and Engel. 2014 was focused on getting our structure and business model right, turning the stage for a new sales and marketing launch towards scalable production in 2015 and beyond.
For the first time under Paul's skilled leadership, we have a solid trained MSR organization in place, along with an exceptional team of engineering and manufacturing talent to support his real time sales activities.
According to Engel, Liquidmetal is finally at the cusp of commercialisation, or words to that effect.
Machine innovations: presenting a triple pack
Liquidmetal: efficient injection moulding of metal alloys
With Liquidmetal, ENGEL opens the door to completely new classes of material and product characteristics; metal alloys can now be efficiently injection moulded. As the exclusive machine manufacturing partner of Liquidmetal Technologies from Rancho Santa Margarita, California, USA, ENGEL is the only provider worldwide to offer system solutions for the injection moulding of Liquidmetal materials. For the first time, showcased in the production of medical instruments at its 2015 symposium, ENGEL will be presenting the technological and market possibilities that its collaboration with Liquidmetal Technologies opens up for plastics processors and metal goods manufacturers.
Watts up Keith?
http://seekingalpha.com/article/3144196-liquidmetal-technologies-lqmt-ceo-tom-steipp-on-q1-2015-results-earnings-call-transcript?all=true&find=liquidmetal
The entire transcript does have some errors in it,
The answer to Jay Fisher's question is encouraging,
Operator
And we'll go next to Jay Fisher at Financial Logic.
Jay Fisher - Financial Logic
Good afternoon, gentlemen. Tom, you had mentioned…
Tom Steipp - President & CEO
Hi, Jay.
Jay Fisher - Financial Logic
Hi, how are you? You had mentioned that there were 36 RFQs in the first quarter and the for the second quarter I didn't catch, so if you could - the first month of the second quarter, I would appreciate you repeating that. And then if you could give us some insight into market segments for the RFQs, which types of industries?
Tom Steipp - President & CEO
Sure, I don't have a breakout of the industries for all 36 but to put this in perspective, we received a request for quotations, four in the first quarter of last year, four in second quarter of last year, four in the third quarter of last year, 36 in the first quarter of this year. They were spread most significantly between medical, I'd say the bulk of them were by far for medical, some automotive, and then beyond that there was a scattering of more - what I would term tactical opportunities as we've indicated in the past calls, Paul's guys are focused on three long term market segments; aerospace, automotive and medical. And those take multiple years to develop and recognizing that and the fact that we need to get shipments out the door this year and next year tactical opportunities, things like the knife order from Miltner Adams, sporting goods and fire arms probably round out the bulk of other ones that we've looked at.
And to put that in perspective, we've got 25 RFQs in April, so you can see first quarter, second quarter, third quarter - first quarter this year and just the first month in the second quarter, we are very encouraged by both, the number of customer visits that have taken place and just to remind everybody, these are for the most part by Paul and/or MSRs who are paying their own way, see the opportunity and are paying their own expenses until such point in time they get orders and restart shipments because we don't pay them until that happen. So I would say compared to where we were a year ago, we have a much better understanding of the integrated process, and as a result our optimism and that shared by our MSRs is far higher.
Jay Fisher - Financial Logic
Thank you.
Time for an early start to the weekend :)
GL
Try Harder
Yes it does speak highly of the upward momentum, good to see you agree.
Perhaps you have inside knowledge of what Engel is or is NOT making, please enlighten us all.
We are waiting.
Wrong, size limit is completely dependant on the molding machine.
Why do you think i put the link up?
Its better for people to read the CC and come to their own conclusions instead of being pooped on.
Thanks for the heads up, everyone should read the transcript, very informative and factually based forward looking, no fictional nagging about past drama.
http://seekingalpha.com/article/3144196-liquidmetal-technologies-lqmt-ceo-tom-steipp-on-q1-2015-results-earnings-call-transcript?all=true&find=liquidmetal
i've noticed the PPS swings have not been as sever last few quarters, the manipulators are losing their influence over this stock.
What was Apple's ROI with GTAT ?
As i remember it, Apple put up all the money just to establish a secure and consistent supply of sapphire for Apple devices, the goal was to get constant supply of a limited material to keep their customers happy with new devices, Apple is more interested in satisfying their customers than squeezing every last cent out of an investment. Just look at Apple's capital reinvestment program.
I wonder how many aapl shares i can swap for my lqmt shares when Apple takes over.
More chance of that happening than a RSS.
lqmt is just going with the flow .... imo
http://www.google.com/finance?q=INDEXDJX%3A.DJI%2CINDEXSP%3A.INX%2CINDEXNASDAQ%3A.IXIC&ei=BnNLVbnPF9KDuQT5qIDoBQ
Thanks for posting, very interesting seeing the iPhone in diagrams and Liquidmetal alloys mentioned, also interesting is that lqmt has two 68%-iron based BMG.
Did you expect some major announcement at the CC, we where already told that lqmt will not break-even in 2015.
wow, you contradict yourself so much.
Liquidmetal Strength and Elastic test comparison with Titanium
How about YOU do it.
Agree its telling, but what is it telling is what we all speculate about, is it cause he is greedy or cause he thinks its deserved.
No need to fill me in on the past i have been watching lqmt since August 2010, finally decided to start buying last year NOT because of what happened in the past but because of where i believe the company is headed in the future.
I think it would be much better if someone can fill in what the future holds now that Engel machines and in-house sales/prototyping has been achieved.
Of course, the downside of Miltner Adams is it won't even pay Steipp's salary.
The best part about the Miltner-Adams deal is that it will bring attention to lqmt's injection molding process, other outdoor and sporting manufactures will take notice especially those that already manufacture products with titanium.
August is also when Apple's first right of refusal expires,
just coincidence so no unicorns or rainbows here.
We are at the Cusp of the Engel symposium, has that ever happened before?
We are at the Cusp of seeing the first ever product (that we already know about) made at the Center of Excellence. Has that ever happened before?
36 RFQ's in Q1.
25 RFQ's in April.
"thish*t about to get real"
then sell all your stocks and family holdings in lqmt and go away,
IT IS JUST THAT SIMPLE
and that is why successful lqmt will be
I thought that was 10th May.