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Let's hope he's a Clark Kent and can do Superman feats for LQMT!
Or in the words of the "Granny"
"that's a very nice bun, a very big bun … but where's the beef?"
55K revenue for Q2
R&D went up 200K from last quarter (600K for Q2 and 400K for Q1)
Interesting!
Well you got me there - your $2000 dollar knife actually was the better investment than buying $260 of LQMT at .06! - just proves almost anything can be a better investment over the last 10 years than LQMT. We should have hung on to those "Bennie Babies".
Welcome to the cash blowers party!
When did the knife first go on sale? Wasn't it in 2015? If it was near the end of 2015 you could of bought on 12/22/2015 LQMT shares at .06 cents. Let's see you could sell them now for probably .24 cents.
260 / 0.06 = 4,333 shares of LQMT on 12/22/2015
4,333 shares * .24 = $1040
I'd rather have the $1040 than the knife!
Just think back in 2008/2009 if we would have bought SIRI at 6 to 10 cents rather than LQMT? We'd all have so much money we'd be wondering what to do with it and wouldn't have to be posting worthless guesses on this ihub board! We could have our toes in the sugar white sand on some south pacific island with no internet access sipping something nice from a coconut shell.
Amen Jolly! I've been in this thing since 2006, there are some posters here that like the words this thing is going to explode, or rocket, or you fill in the blank take off!
There newbee's that have no history in this thing.
Using your 9 million burn rate per year - if we could freeze the financials right now as they are today LQMT break even point might be around 750K revenue per month. I mean I know that is very rough but seems to me they could pay mostly all the bills each month if they had 750K coming in the door each month at least today. (Don't know what cost of goods sold would do for LQMT to hit 750K revenue per month?) So realistically probably needs to be closer to 1 million a month to pay all the bills and have a few dollars left over?
Wouldn't it be nice if this next earnings report had something on the order of 3 times that amount in revenue reported for the 2nd quarter? I know, I know, very wishful and unreasonable thinking...
Well one of the main differences is AXTI had 98.5 million in revenue last year and 10.15 million in earnings (about .31 cents a share).
LQMT had - well essentially revenue so small it is basically insignificant and negative earnings and negative cents/dollars per share)
AXTI was up today last I looked 6%; LQMT was down 2.5%
Spartan I do agree that most important element is earnings especially in the long term; however if LQMT announced for example 20 million in revenue in the next August ER, I'm fairly certain the PPS would skyrocket.
Hey everyone what do you think should we try this one?
Liquid Smart Metal Stuns Silicon Valley
Not only can this smart metal MELT in the palm of your hand.
But seconds later, it can morph into a completely different form that withstands heat up to 4,532 degrees Fahrenheit!
This shape-shifting metal has already helped win a Nobel Prize.
Already, every major tech player on the planet is rushing to harness its prowess…
And at the center of the frenzy, holding 42 patents, sits a tiny $7 company on the brink of a huge sales surge…
[url][/url][tag]https://strategictechinvestor.com/acq/nvxgal/liquid-smart-metal-stuns-silicon-valley/?iris=991991&advText=yes&src=yahoo&ad=zc1-nsmiyh-lr1&test_id=1531406469512[/tag]
Not certain why the dramatic price swing? I didn't sell when they reach up above 200 because I wanted to keep accumulating by reinvesting the dividend (although the dividend is not that much I was hoping it would go up every year). I think one of the reasons possibly for the decline OLED price is Quantum Dot technology picked up a bit this year and end of last - so maybe there was concern OLED won't dominate the TV market and display market as much as predicted back a few years ago? I don't know - Universal Display Corp. still has 100's of patents in OLED making them the predominate force in OLED display tech.
OLED is also a NASDAQ stock symbol for Universal Display Corporation which is the company who supplies most of the material and patents for manufacturing OLED displays for LG and Samsung. I bought OLED a little over 10 years ago for $9 a share. Very well run company with at one time 0 debt.
One thing it means is there is no such thing as an open ended contract or an infinite contract! The Apple / LQMT contract can not go on forever if Apple does not use LQMT in a way the is spelled out in the contract. This has been shown in contract law in numerous cases. I posted the actual text about open ended contracts many months ago. Again there is no such thing as an infinite contract.
DMN - won't LQMT receive revenue from patents outside of the Apple contract? If so, how valuable potentially are those patents?
I think we will know quite a bit by the August QER; it will give us a very good idea what we can or can not expect by the end of this year - IMHO.
Does this mean we won't be able to buy any LM dog collars or I really wanted one of those LM chess sets. Rats...
Just think if Li could get rid of a few more salaries/bonuses/benefits LQMT might have a net positive income to report in a quarter or two. Just a little sarcasm in that statement if that is okay here?
I would like to have a nickel for every time on this ihub board someone said LQMT is going to "explode", going to the "moon", the train is leaving anytime, ready to take off, breakout, bust out, etc., etc., etc.,
I would have my million by now and wouldn't have to have a large chunk money sitting in this LQMT Dog for 12 years.
Hey Jolly put in an order for 100 million shares set your order limit to .50 cents; let's see if that will move LQMT PPS a bit.
Old Chinese proverb that Li adheres to!
"All our dreams went to China in a suit case!" - someone on iHub
Yes I'm all in and holding until the ship arrives or sinks - this thing is going to the moon; isn't it?
This thing is going to 4 bucks a share by the end of this year for sure... wait maybe it's the end of 2019... or is it 2020... well for sure say in the next 10 years we are 4 bucks a share! That's what is so great here about LQMT and this forum we can always kick the can down the road one more time. Nobody can accuse us of not be long term, buy and hold traders by cracky! Man I love it - 24 years and .24 cents this is great!
LQMT at $4 bucks a share - using the 800 million shares as the total number of float this would mean a market cap of 3.2 billion dollars! Alcoa Corporation is a 9.1 billion market cap - there earnings per share is $1.16
For LQMT to get to $1.16 per share in earnings means they would have to have revenue of at least twice that amount assuming 50% margin. So LQMT LF would have to have revenue in the range of $2.32 per share * 800 million = 1.85 billion in revenue. Now I understand that Alcoa is an established firm stable blue chip assuming china and south America and some other foreign countries don't steal all the aluminum business from USA then Alcoa should be here for many years to come.
LQMT is new tech with maybe exciting possibilities but I just can't see the current LF facility being able to produce anything that will bring in more than a 50 to 100 million a year - I don't see how they have the capacity no matter what the part is or is for to exceed annual revenue of 100 million a year not out of LF - they would need a lot bigger building and more machines - LF currently is just not that big.
So BBboy you believe LQMT hits $4.00 per share by end of 2018? If you believe we get listed on the NASDAQ then you also believe we hit $4.00 per share:
Nasdaq Global Select Market Listing Requirements
Pre-Tax Income
Aggregate in prior 3 fiscal years ≥$11,000,000 and Each of the 2 most recent fiscal years ≥$2,200,000 and Each of the prior 3 fiscal years ≥$0
N/A
Cash Flows
N/A
Aggregate in prior 3 fiscal years ≥$27,500,000 and each of the prior 3 fiscal years ≥ $0
N/A
Revenue
N/A
Previous fiscal year ≥ $110,000,000
Previous fiscal year ≥ $90,000,000
N/A
Net Tangible Assets
N/A
N/A
N/A
$80,000,000 (in last completed fiscal year)
Market Value of Listed Securities
N/A
Average ≥$550,000,000 over prior 12 months
Average ≥$850,000,000 over prior 12 months
$160,000,000
Market Value of Publicly Held Securities(1)
$45,000,000
# of Shares Publicly Held(2)
1,250,000
# Public Board Lot Holders
450
Trading Price of Listed Securities(2)
$4.00
Shareholders Equity
N/A
$55,000,000
Market Makers
3 or 4
Operating History
N/A
Notes:
Seasoned companies currently trading on another market are required to have a market value of publicly held shares of $110,000,000 or a market value of publicly held shares of $100,000,000 and $110,000,000 in shareholders’ equity.
Issuers listing concurrently with an initial public offering or as a spin-off may alternatively have 2,200 total shareholders. Seasoned companies currently trading on another market or affiliated companies of listed on Nasdaq Global Select Markets may alternatively have 2,200 total shareholders or 550 total shareholders and 1,100,000 average monthly trading volumes over the last 12 months
Let's see 1.6 million shares out of 800 million - that something like 1/5th of 1% of 800 million without doing the exact math -- yep that is definitely not a sell off! Sorry.
How do you know that we will spike over .30 then .40 soon? Do you know about contracts and revenue that are definite?
12 years ago I started my investment in LQMT - why didn't I do TSLA? TSLA is up 20 bucks today - why can't it be LQMT? Tell me why do I seem to always pick the wrong ones? Please I need some type of therapy, just not certain what yet.
Yes in my opinion Hauck should have responded to this question he is probably the only technical person there that has any idea what molecular bonding of unlike metals is? Maybe there is another person in engineering there but not sure?
Yes I was hoping by sending them SPUR industries contact that they would contact SPUR and have them see if they could find a way to molecularly bond it to some types of other metals. I know the guy who founded SPUR Industries very well; he was a honor student in metallurgy from University of Washington, extremely intelligent guy who unfortunately passed away about 10 years ago but left SPUR in very good hands. We will see if anything comes of this or not by the way SPUR does quite a few special contracts for the DOD but it is classified so I'm not sure what it is exactly they do for DOD.
Eagle you could be right - I guess as one user here put it:
Received a response from Matt Martin
Back a couple of weeks ago I sent in a question to LQMT via email some of you may remember my post about molecular bonding of unlike metals using the principle of a free valence electron. Here is my question I sent to LQMT.
To LQMT support email:
"Is there any chance that amorphous metal might be able to be molecularly bonded to another metal? There is a company in Spokane Valley, WA. called SPUR Industries (see website http://www.spurind.com/) that bonds two unlike metals molecularly (the idea and initial prototypes was formulated in a research lab of Kaiser Aluminum) - SPUR bonds two unlike metals together molecularly using the free valence electron principle somehow? I was just wondering if something like this might be possible LQMT at some point?"
Here is Matt Martin's response to my email above:
If you look at Yahoo "Holders" section:
https://finance.yahoo.com/quote/LQMT?p=LQMT
It shows that Paul Hauck only has 5000 shares; I think that must be wrong, surely he has way more than 5000 shares? Does anyone know what the main staff employees have for actual shares?
The highest holding institution is Wesbanco Bank holding 620,307 shares according to Yahoo "holders".
I would really like to see some large well known metal fab or metal process company pick up 20 to 50 million shares; to me that would give LQMT a little more creditability in the current environment of no revenue, no verified contracts currently. I think something like this would sustain the rally, and keep it moving until we do have significant production revenue.
I see no reason to get excited over the .0165 cent increase in share price today - we still have absolutely nothing: no signed contract(s), no production revenue, nada, zip, zilch, zero...
We'll see if he was "right on the money" in the not to distant future - 2018 is now half over and 2019 is just around the corner. With LQMT for the last 16 years it has always been "next year"!