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.
Here's another succinct poster. Read the question/statement and then scroll down to Barbarossa's comment.
http://www.iphonedownloadblog.com/2010/08/14/apples-liquid-metal-in-action/
This is where you need to read more before casting about like a fish out of water. There's a poster on Yahoo (Watts_n_a_n) that has to be on or very familiar with the LQMT team. Read all of his posts. According to Watts, Apple has had a relationship with LQMT for three years and the new, new antenna will be manufactured by LQMT. Given this detailed reply, one has to be naive not to own LQMT.
Here is one that, I believe, addresses your concerns:
Thanks to Watts
LQMT HAS 10 APPLE PROTOTYPE DESIGNS
Liquidmetal already has an inventory (more than ten items) of Apple prototypes that have been developed over the last three years. This relationship between LQMT and Apple is not new. To his credit, John Kang has been a master at knocking at doors; (making a profit and customer retention has not been his forte.)
LQMT REVENUE
Apple will rely upon LQMT to
a) provide the best formulation for the given application which Apple specifies
b) provide the manufacturing JV or subsidiary (whatever the situation becomes) with all the lastest state of the art formulations, processing know-how, and R and D effort which may be required for producing a given product
Bottom Line:
1) LQMT is an R and D company to improve the capabilites and tweaking of formulations for any present and future applications;
2) LQMT is a licensing company: provides the IP required for each client
3) LQMT is one of the partners in a JV manufacturing operation
4) LQMT derives revenues from a)licensing, b) R and D services and consulting
5) LQMT derives revenues from the sales of the raw materials
LQMT will advance and increase its R AND D effort vigorously, but will not be the "all things for all customers" manufacturer. As per above, the manufacturing will be capitalized and expensed as per above.
So, to answer your original question, Apple will not be the manufacturer (they will of course develop the product in terms of design and engineering specs) and LQMT will not be the manufacturer; but a dedicated JV subsidiary will be the manufacturer
APPLE LQMT JOINT VENTURE SUBSIDIARY
This is what is happening with the IP subsidiary alluded to in the SEC Filing)
1) Apple is going to provide out of their own pocket the resources to buy the latest state of the art machines (now injection molding, as opposed to the original and revised editions of die-casting machines). The die cast model is essentially obsolete, as now, the promise of essentially "tweaking" plastics injection molding machines designed to optimally handle the "plastic" or "amorphous glass" attributes and associated processing requirements yields
a) a far superior product output in terms of
b) atomic consistency and uniformity of finished material throughout the entirety of the molded product;
c) the resultant drastic decrease in the rate of rejection of the end product
d) a tremendous decrease in labor (once 2 operators per machine and now only 0.5 operators per machine or 1 man per 2 machines
e) full automation
f) more than a five fold increase in hourly production per machine over a 24 hour shift
[NOTE: MOST of the EXHORBITANT COSTS of PRODUCTION posted on this board ARE TOTALLY ERRONEOUS, as they were based upon the original die cast machines of 7 years ago. The current costs are a fraction of the original in terms of labor per unit, units produced per hour, yield, and ultimate requirements for finishing or polishing. Original prototypes had to be deflashed, deburred, sand-blasted and other processes of finishing applied before LQMT could deliver a suitable product for commercial use]
Finally, the lead time from purchase order for a new injection molding machinery tailor made for liquidmetal attributes is about 90-120 days; delivery 2 to 4 weeks, with about a 3 month period for set-up and testing and early test runs of production. Naturally, there will be probably a minimum of 2 to 3 mos for training of operating personnel. So from this stand-point, we are looking at a minimum of, say 9 mos before an item can be manufactured by a JV or subsidiary operation.
The prototypes already developed will be "contracted", to use your erroneous term to the JV as the production facility becomes ON LINE and ready to receive orders.
I bought and sold 3 or 4 times already and now am holding a bunch at a reduced price. Thanks for reminding us! LOL.
let's make it a point to keep this board going - any who are intent on keeping some shares are wise and Apple is always judicious in who they buy. I'm with Apple.
when I just put in a bid for 1.12 it immediately went back to 1.21!!
how could the deal fall through? they already paid it to LQ.
Don't write this silly crap. It'll spread over the web
faster than you think.
walking the price down to 1.12 - the people that bought on speculation are now running to the exits!
Yeah, but what was your buy in price? .54 cents.
It's fluctuating pretty much at 1.16 to 1.19 at the moment.
Don;t think the US gov't would have allowed it. If it had been an electronics company yes, but not an alloy company.
Okay grand Imperial, I agree with you. :)
They might not be able to - via Apple. But another news item today from Associated Press via the Silicon Investor Apple board.
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=26747090
There's a lady....
Try anyone who has trading experience - that's the first rule of thumb,
never to buy on the open!
So here's some good news about the company:
http://www.zdnet.com/blog/apple/why-is-apple-licensing-liquidmetal-can-you-say-bounceable-iphones/7909
It could still be a sleeper stock but Apple will do wonders for it.
EOM7: 6.84 was the high so far. Nenver know with this stock - low 5.77!!
dawson
Probably only. In the past five minutes - lots of 4500 shares for $6.40. Now going straight up. If there are shorts, they're shorter. Probably read your post, Bobwins about the coming bpd!
dawson
I would like to bring a small fact to everyone's attention. A news report today that Pres. Obama is opening oil drill sites off Virginia coast. Also this news:
"Obama is allowing an expansion in Alaska's Cook Inlet to go forward. The plan also would leave in place the moratorium on drilling off the West Coast."
http://news.yahoo.com/s/ap/20100331/ap_on_bi_ge/us_obama_drilling
fifth paragraph
dawson
On Streetsmart, Schwab's platform, the high was 6.52.
must have been 2 months ago
1.63 as an option??
Where did you think this stock is heading in the next three months?
I have read that BEXP and others selling oil for $51 a barrel.
Okay Scott - it's a month later - still feel cozy with your gut feelings? I own the stock too.
dawson-m
Should be a good day today.
FanPaw - Thanks for the PM. I don't have a subscription to that level.
dawson-m
Wilan owns many patents like DSL but only the original Wimax which Wi-Fi is included.
dm
Article published on them, January 7.
http://retirefund.blogspot.com/
Rich: Lots of companies have ignored them but have been taking them to court, one by one, and winning. In the past several days the stock has gone from 2.50 to 3.05 so some people think, a big suit has been settled.
dawson
I agree that Wimax will be hard to ignore and a small component of Wimax is the company that invented it. Wimax is being built into routers today and Sprint, while small, is here to stay.
The company that holds the patent to Wimax is WILAN or WIN.to and WILIF.pk
They are in the process and have been for a several years in obtaining licenses from companies who have ignored paying them royalties.
I own DRWI but I think there is also hidden value in WIN.to
dawsonm
From what I've read, Gold stocks always lag the pure metal in a downturn but leads the market up. This is one of those situations, not for Tara but the gold stocks vs. market in general.
The other is that Hedge funds are prime candidates for buying gold stocks and when the market turn deep south, Precious Metals lose big time. Again we are in this situation. Basically, if Tara's financials looked good today, you're probably just going to have to sit tight. I own 5k at an average price of a buck, five. Not selling.
dawson
Now it's up again two cents. Weird.
I agree with you. Just a matter of patience.
Toyota just released a PR that said that they will not be putting a lithium-ion battery into their Prius next year. They use lithium cobalt oxide batteries and with all the problems that Sony experienced they do not need a bad situation like that. They will be using a modified nickel metal hydride until Toyota feels that its safe to implement the newer design.
I'm not hyping here. I don't want anyone pasting my article and stating something I did not write. But here it is: Apple just released a PR stating that the iPhone will last eight hours until a recharge. Apple is using the lithium-ion battery in their phone. If we didn't already know how good LTHU is with their product, Apple's batteries will only help spread the word that LTHU "may" be a company to invest in.
tcd
I agree completely.
NYBob: is RMK your only divining road?
dawsonm
NYBob: so you're saying don't sell your shares just yet? :)
td
sell the idea to the Chinese. they have plenty of manpower!
td
This may be obvious to most who post on this thread but I may as well be obvious. Since Monday we all have noticed that the price has descended from last week's close on the CNQ exchange. The new exchange and its new MM's albeit, electronic trading, which someone had to program, is part of a game. Somebody is trying to accumulate. This morning the price dropped 3 cents - what's different from yesterday to today with Roxmark - nothing. I put a sell bid in for a small amount and got my just dessert!
All I can say is hold onto your shares. Somebody wants them badly.
td
One more: USU - which I own.
dawson