Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The 405 million LQMT shares are held indirectly by Li on behalf of Eontec, so any profit for LQMT is a profit for Eontec.
Watch bands would be a small run, any Watch part would be a small enough volume.
but yeah its Eontec's cheap formula that has the best chance, ordered through Lake Forest ? Li has to make those 405 million LQMT shares payoff.
Name Just 1 teardown that has analysed the microstructure of an alloy?
Obviously you are unaware that you can’t determine wether a part is BMG or not just by looking at it.
Was the sim tool ever analysed that way or was it just the word of Dr. Atakan, lucky that sim tool was not inside a device or else he would never have made such a claim.
Next.
Looks like a few traders hoping for a post Apple launch price drop in LQMT to buy back the shares sold at the last Apple launch.
Just pray Li does not put out another PR during the Launch.
So are you saying its in the apple watch then?
Or the wireless chargers sold separately ?
Or that Eontec is filling the parts orders?
So many possibilities.
Never say Never.
Some ways LQMT will profit from the Apple announcement,
AppleWatch revealed September available October/November with components made at Lake Forest.
iPhone revealed September available October with components made at Eontec.
Component orders for any Apple device that are made through Lake Forest and supplied by Eontec or its Joint Ventures.
Royalties, parts manufacturing or a mixture of both.
Off-course Apple will never name LiquidMetal unless they made a case out of it, so will have to wait for Q3-4 revenue results, or maybe an announcement at Lake Forest 17th October or a contract announcement Soon.
Its time.
Lots of good info in that post, its not a matter of if but when.
Where do i begin, you question 30-50 then ask for justification of 60, heck why not 1,00000000 !!
How do i respond to my estimate ? ITS AN ESTIMATE, that how i respond.
An estimate based solely on the limited info that can be gleaned from the photos.
An "at the Minimum" estimate, for you to take my 'minimum estimate' and then claim that its now officially the 'Maximum' number is FAKE NEWS.
The closer LQMT gets to production or announcement of a contract, or even just showing pictures of Lake Forest, the more desperate the traders become.
Fake news again, No you are incorrect, i said at a minimum 16 machines, and that assessment is based on limited info that can be from the photos.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134076930
Yes the machines have already been tested and proven at Eontec, this is not the First time Li has used those machines.
Amazon has a PE of 240. Netflix PE 205.
Its so that Privately held Liquidmetal Coatings can IPO itself without having to do an IPO. LMC will merge with Publicly Traded Victory Energy and new shares will be issued, LMC will control the Board of the new company.
Then the Milking of new shareholders starts.
AVV (Armacor Victory Ventures) is LMC (Liquidmetal Coating.)
https://globenewswire.com/news-release/2017/08/22/1091287/0/en/Victory-Energy-Announces-Agreement-for-5-Million-Financing-and-Entry-into-Exclusive-Sublicense-with-Armacor-Victory-Ventures.html
I would guess they are trying to ride the coattails of Li's work at LQMT.
This merger with Victory Energy is a backdoor IPO for LMC. Any hype or association with LQMT will attract unwary investors.
Thanks for posting the Link, so Liquidmetal Coatings (“LMC”) was sold off in 2011, so much for the claim that LMC has access to ALL of CIP.
“I am astonished at the ease with which uninformed persons come to a settled, a passionate opinion when they have so little grounds for judgment.” - Wm. Golding
Not disputing it was spun off, Questioning the claim of ...
Its a useless company that has outdated patents trying its best to survive by screwing its shareholders.
This is a BMG Coatings Patent published to CIP this year.
via Gamesc post
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133706137
Its all relative Payme, COE has only commercially manufactured the Hybrid, so anything that Lake Forest manufactures will be a MAJOR improvement that will have a MAJOR impact on the Share Price.
All depends how you Define ‘major’
But yes, as Li has said, Lake Forest will be a hub and also the Global Production Leader.
Production orders that Lake Forest receives do not have to be manufactured on site.
Good times ahead.
So AVV (LiquidMetal Coatings) is giving away its LiquidMetal coatings IP (valued at $20 million) to Victory Energy for $5 million, AVV must be desperate to accept that fire sale or more likely desperate to escape its Debt.
Victory will do a Reverse Split then increase the authorised share count to alloy for conversion of Series B preferred Stock, which represents 90% of Outstanding stock. What a mess.
So LiquidMetal Coatings aka Armacor Victory Ventures aka Armacor Holdings will Now become Victory Energy.
A good way to get rid of its accumulated losses and screw shareholders.
Shareholders getting 'Kanged'
Your spot on with aerospace,
https://thescmg.com/
Also lots of new energy vehicle companies setting up in silicon valley.
To claim SoCal is not a significant manufacturing hub is ludicrous.
You don’t need 2 new Eontec machines JUST for prototyping, that can be done on 1 machines with hundreds of different molds.
Sure new customers will need prototyping, but thats not all that this Lake Forest will do.
Lake Forest will be a Manufacturing Facility, some of the prototyping has already been done on ‘identical machines in China’ So the real question will be about the Output.
"We are very excited about the purchase of our new corporate office and manufacturing facility. The new facility will allow us to expand our manufacturing capabilities in line with our overall strategy to prepare the Company to be the global leader in amorphous alloy production," said Professor Lugee Li, Chairman and CEO at LQMT.
Global Leader in amorphous alloy PRODUCTION, Not Prototyping.
Amazing how when LQMT reveals positive news it is spun to the negative.
Take a closer look at the ceiling height of the laboratory and testing rooms, they are no where near the height of the warehouse ceiling, as such they do Not take up the other side of the warehouse.
Now take a closer look at the posts holding up the roof of the warehouse, these posts are Painted Yellow on the bottom and white on the top, They are next to the Yellow painted posts of the overhead cranes.
These half yellow half white posts run down the centre of the Manufacturing floor holding up the roof and Divide the warehouse floor in half, so the current 4 machines only take up a quarter of the warehouse floor area.
With 4 more BMG machines that can be further installed now with the current overhead cranes, that would fill just half of the warehouse.
To instal the other half with 8 BMG machines would require overhead cranes installed on the other side of the Yellow and White posts that Divide the manufacturing floor.
Therefore at a minimum this warehouse can hold 16 BMG machines.
No worries, check your Java settings, maybe you have it switched off for security reasons or it needs updating.
Yes contracts prior to Open House, i can't imagine Lake Forest will be sitting idle for 2 months doing nothing.
Well now that we have already seen inside the Lake Forrest facility there is no need for an open house in 2 months time……. unless there is something more to reveal
My mistake DMN, that link in my previous post goes back to CIP/Apple/LQMT for some reason.
Here is a link for Eontec Patents that was posted long ago by someone.
http://www.freepatentsonline.com/result.html?p=1&edit_alert=&srch=xprtsrch&query_txt=%22Dongguan+Eontec%22&usapp=on&eupat=on&jp=on&pct=on&depat=on&date_range=last20&stemming=off&sort=chron&search=Search
While your at it, the link for Eontec's Patent Applications, might be relevant since LQMT has Cross License rights to those IP.
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=0&f=S&l=50&d=PG01&OS=Dongguan+and+Eontec&RS=apple+AND+liquidmetal&PrevList1=Prev.+50+Hits&TD=124&Srch1=apple&Srch2=liquidmetal&Conj1=AND&StartNum=&Query=Eontec
Its a disruptive technology, a real game changer, good times ahead after waiting so long.
He sold 25% of his shares. Still has allot more left.
Its a fantastic feeling knowing Eontec is doing all the hard work in mobilising/organising the BMG manufacturing revolution. A great partnership that will pay-out for decades.
If you Kill me you will only make me stronger.
12 months pay to go and play with his family and a seat on the BOD.
Now that LQMT is flushed with Li’s cash there’s nothing left for Chung to do but wait for his shares to payoff, and Li saves on payroll after the 12 months severance.
LAKE FOREST, Calif.--(BUSINESS WIRE)--Aug. 22, 2017-- Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloy technologies, elected Mr. Tony Chung as a director of the Company. In connection with his appointment to the Board of Directors, Mr. Chung resigned as Chief Financial Officer of the Company, and Mr. Bryce Van, former Corporate Controller, was appointed as Vice President of Finance and will serve as the Company's principal financial and accounting officer.
Mr. Chung served as Liquidmetal's Chief Financial Officer for nearly 10 years. During this time, he served a critical role in ensuring that the Company had adequate funding for operations and helped lead the Company to fulfill its vision as the leader of amorphous alloy technology.
"Tony's expertise in the legal and financial realms has helped propel the Company for many years. We value his experience and are delighted to know that he will continue to contribute to Liquidmetal's future success as a member of our Board of Directors," said Professor Lugee Li, Chairman and CEO.
"Now that the Company has a secure financial foundation, the time is right for me to transition to our Board of Directors, allowing me to spend more time with my family and on other meaningful ventures. But I remain fully committed to realizing the uncommon potential of Liquidmetal. I look forward to greeting our customers and investors at our upcoming Open House on October 17 as a member of our Board of Directors," said Mr. Chung.
Bryce Van has been a key member of Liquidmetal's leadership team, serving as Corporate Controller for the last four years. "Bryce has impressed me with his understanding of the strong financial discipline we need for the next phase of our Company's development: Growing revenue and generating profits. I have great confidence in him," said Professor Li.
LIQUIDMETAL TECHNOLOGIES, INC.
FORM 8-K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of New Executive Officer
On August 16, 2017, the Board of Directors (the “Board”) of Liquidmetal Technologies, Inc. (the “Company”) appointed Bryce Van as the Company’s Vice President of Finance and Secretary, and in that capacity, he will serve as the Company’s principal financial and accounting officer.
Mr. Van, age 34, has served as the Company’s Corporate Controller since August 2013. Mr. Van served as an audit manager for both large and small-cap public companies at PricewaterhouseCoopers LLP from 2006 until joining the Company in 2013. Mr. Van received a bachelor of arts degree in business economics from University of California Santa Barbara in 2006 and is a Certified Public Accountant.
Mr. Van receives a base annual salary of $210,000 and is eligible for future discretionary bonuses and equity grants under the Company’s equity incentive plan. Mr. Van does not have a written employment agreement with the Company.
There was no arrangement or understanding pursuant to which Mr. Van was selected as an officer of the Company. There are no family relationships between Mr. Van and any director or executive officer of the Company, or any person chosen by the Company to become a director or executive officer. There are no related party transactions of the kind described in Item 404(a) of Regulation S-K in which Mr. Van was or is a participant.
Resignation of Chief Financial Officer
On August 16, 2017 , the Company and Tony Chung, the Company’s Chief Financial Officer, entered into a Separation Agreement and General Release pursuant to which Mr. Chung resigned as an officer and employee of the Company (the “Separation Agreement”). The Separation Agreement provides for the payment of severance compensation to Mr. Chung in the form of a continuation of his base annual salary of $240,000 (subject to tax withholdings) for a period of 12 months and reimbursement for COBRA healthcare coverage for a period of 12 months. In addition, it provides for the accelerated vesting of 247,650 of the 2,455,601 unvested stock options held by Mr. Chung as of the separation date and the extension of the exercise period of his options until the earlier of the first anniversary of the date of the Separation Agreement or the date on which such options would otherwise expire and terminate in accordance with their terms if Mr. Chung had not resigned. This results in a total of 2,889,749 stock options being exercisable by Mr. Chung as of the separation date. Under the Separation Agreement, Mr. Chung agreed to be available to provide assistance to the Company by telephone with no additional consideration for ninety days following the separation date. In connection with the Separation Agreement, Mr. Chung granted the Company general releases subject to customary exceptions.