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Trying to analyze this stock on the basic assumptions of how a free market publicly held company should be managed and perform, is fruitless at this point.
LL, EONTEC, and the CCP have a stranglehold on the company, and nothing good for us is going to happen until they decide to make it happen. And given the
well known intentions of the 2025 plan to acquire and lead technology, and the
train wreck of Sino/American relations in general, change for the better is not
even foreseeable at the moment.
Quite correct, there are obviously more than 200 shareholders. Unfortunately, that does not change the underlying point, which is that there is little interest
in this stock, which is long stuck in dime land, with extremely low volume, and no hard numbers pput up to suggest that is about to change.
Some years ago, Eagle initiated a simple question, when he asked what in the world do these people at LQMT do everyday? That has snowballed as time has passed, working from home these days, but what are they doing to make us money? How much time do they even spend on it? It is just a handful of employees at this point. And even beyond that, what in the heck do the board of directors do, as well? Their primary duty being to look after shareholders best interests. Nothing, say the numbers and our pockets. Well they do make money. In their pockets. And/or options. A publicly held company operating in disgrace.
The propaganda being dished out on behalf of the company, and the wordsmithing of the official releases from the company...packed with ifs, ands, and buts...that avoid any accountability and any measurable benchmarks going forward, suggests that the company is not being transparent with its shareholders. Deceptive may be the better description. And it is constant.
One would suspect there is a business plan at work somewhere, and things happen regularly to suggest it is unfolding. In China. There is nothing in our
measurable performance that indicates LQMT is a beneficiary of the grand plan, quite the contrary. We are out. Shuttered. Remaining assets parked in paper and real estate. Divided by a billion shares, a dime is probably over priced.
A buyout would be laughable. When should we start laughing?
Sounds like you are throwing in the towel, whilst the propaganda machine continues to riddle it's way out from under the impending doom. What a company! Check off another box in the CCP to do list.
It is elementary to understand that the first responsibility of the Board of Directors is to look after the shareholders' best interests. If one examines the historical record for shareholders in hard numbers, none have ever been paid a dime from the company (other than employees/executives, board members), and after 20 years of failure other than the early IPO fantasy, the capital gains have been nowhere near the risk reward any long investor would have contemplated. To end up today in dime land, if that. On the other hand, over compensated and mostly long gone executives, Apple, and the Chinese Communist Party, have made a pile of money off of LQMT. How do you rate the Boards of Directors of this company accordingly?
"Only the one involved and invested on both sides of the isle IMHO, is the common denominator to LQMT’s problems as well as the solution." That has been true since 2016. But, do not forget to mention the role the CCP plays in
that persons life and livelihood.
Zero licensing fees and royalties. How about that! I wonder how much we paid the maze for their services? This is exactly what it would look like if we were drowning in a sea of conflicting interest.
I wonder if the Chinese realize the significance of Friday 13th? Hah hah.
"LQMT no longer has any control over its destiny". Truer words never spoken.
Must have been a great 1st quarter!
So let's say you own a million shares of this stock as a retail investor. And you are still adding 'on the dips' through thick and thin. And, you are 40 years old. Then let's say you own a million shares of this stock and are a senior citizen, and have already done the buying on the dips to get there, long term. The value of the shares is the same, but who got screwed, who got rich, who is better off as an investor going forward?
Excellent replay of the grand master at work. Should be stickied as the headliner on the board. Hard facts no-one can dispute. One question: Was the IP and brand worth $64 million...to the CCP? Eye of the beholder.
"think I will hang around for a few years more when the company takes the lead"
If that is the only reason you see to be here, then yes, I can think of many others.
For example, you may be dead wrong about this company taking the lead, which
has at least some measurable and consistent evidence to date. I still wish you well and good luck.
And I wish you well with that strategy, hope it pays off for you.
Maybe I imagined it, but I thought the CEO alluded to more communications to shareholders, to report on the company's progress. For example, announcing another teleconference about the 1st quarter. So here we are. Where is the announcement? Maybe awaiting translation of the Chairman's comments to be read to us by the CEO. He could even answer a question. Just one would be a start, from the only serious investor here, who has a direct link to the Chairman anyway. A slam dunk. Let's see what happens.
To the obvious extent that this company remains behind the eight ball. While the game plays on. Around us.
'It takes a long time for new materials and systems ie manufacturing to gear up.'
Times up, in case you have not noticed. Manufacturing, products, and revenue are already happening with our partners in China.
'It takes a long time for new materials and systems ie manufacturing to gear up.'
Times up, in case you have not noticed. Manufacturing, products, and revenue are already happening with our partners in China.
There is virtually nothing that has been posted here since Enter the Dragon 2016 that has paid one dime into the pockets of outside shareholders . Come to think of it since 2010 Enter the Apple, and of course 2002, the IPO. Forget the day traders claims of great wealth. 90% BS. Twenty years worth. But the IP and the brand have created actual revenue, manufacturing, sales, customers, and employees. Just not for lQMT Valencia. We have been had. And Apple is not
the white knight.
“a new Japanese company formed by investors in Japan who have not been previously affiliated with the Company or LMG located in Chiba, Japan ”.
Rather cryptic, might have read better with a comma after 'LMG'. And, it does not say Japanese investors, just investors in Japan. I give it 50/50 we would recognize at least one of them, if ever revealed.
The PAL will only be observed when it is to LL's interests (and those he is accountable to). It has not been used to the interests of LQMT outside investors
but rather to keep them outside, rather than inside of, the money tent. The numbers do not lie.
The build up to the 10Q is unusually quiet. Maybe JB and the pumpsters learned
something last time around.
So my understanding is that new Liquidmetal golf clubs (yet to be seen) will be manufactured in China, introduced in Japan, become all the rage, and spread demand worldwide, and put money even in our distant pockets. All this whilst the established sporting goods industry sits idly by and watches their customers drain away. Good plan! Even adds insult to injury, since those big companies could have bought the sporting goods rights and the IP if not the whole company, years ago when Liquidmetal golf clubs first became available. But they didn't. I wonder why.
So my understanding is that new Liquidmetal golf clubs (yet to be seen) will be manufactured in China, introduced in Japan, become all the rage, and spread demand worldwide, and put money even in our distant pockets. All this whilst the established sporting goods industry sits idly by and watches their customers drain away. Good plan! Even adds insult to injury, since those big companies could have bought the sporting goods rights and the IP if not the whole company, years ago when Liquidmetal golf clubs first became available. But they didn't. I wonder why.
HAH! There are more knives than golf clubs, and actually serve a useful purpose.
Your marketing approach for golf clubs has already been tried with the Miltner Adams pocket knife. Many shareholders bought them and showed them around.
I did not make any money on that marketing plan, either.
Apple paid $20 million for CE rights for two reasons:
1. To keep the IP out of competitors hands (esp. a tech aggressive Samsung)
2. To keep the IP (and brand) for its own use should they ever decide to use it
(well have they?).
LL bought effective control of LQMT for the IP and use of the Brand, as part of China's 2025 tech acquisition plan. EONTEC, which became a CCP controlled company after the fact, was written into the deal via PAL.
Lot's of things have happened that have been in the interest of lot's of parties, just not LQMT's outside shareholders. How can that be? Well, LQMT has been shuttered and stripped of just about everything. People keep saying bad management, when in fact there is no management. No sales. No manufacturing. No contracts. Sure seems to me that this has been done quite deliberately. How bad could management be when the same oversight, products, and IP are reportedly killing it in China?
"However, the maze equally has no control over LQMT, and LQMT, does have partnerships and agreements with Eontec/Yian Technologies." Mincing words, but I don't agree with that. LL has control over the maze, and LQMT, so in my view that is the same as the maze in practical terms. Plus LL can decide to modify, cancel, or just ignore the PAL...which in my view is unenforceable anyway since LL will never sue EONTEC (CCP) for performance. We are at one persons whim, so far no good. And anyone who understands how the politburo and the CCP operates knows who LL is ultimately beholden to.
To put it another way, anyone that is using a US designed organization chart to understand the workings of Chinese corporations, is missing a lot. No unlike the Japanese zaibatsus, Russian oligarchies, and so on.
Some like to say that LQMT has the maze going for it. LQMT has no control or ownership in the maze, just the opposite. LL effectively controls LQMT, and the maze. So how much revenue has LQMT received from the maze? Can't be much. And BTW, NASA knows who/what controls LQMT. Forget about that as
a revenue source. And oh yeah, who controls LL?
You can get any kind of opinion you want about LQMT, problem is they can only be backed up by the published numbers, which tell just one story. An ugly story. And the dilution since 2016 is nothing like dilution from the Steipp era. Besides, the reality here is that until LL (with nod from the CCP) either directly or as the master ventriloquist through his wooden dummy, states un equivically that the whale contract is a done deal, there is nothing to see here that puts money in our pockets. That being the only reason we are (or should be) here.
What would we do without colloquialisms in America?
Because you mis-spelled it. The word you are looking for is 'discombobulated".
BTW, 'Is irregardless a word?
Yes. It may not be a word that you like, or a word that you would use in a term paper, but irregardless certainly is a word. It has been in use for well over 200 years, employed by a large number of people across a wide geographic range and with a consistent meaning. That is why we, and well-nigh every other dictionary of modern English, define this word. '
Yes, there was a real, but brief, attempt to develop the US business. Money spent on new digs, electrical upgrades, manufacturing equipment, partnership agreements, the shareholder introduction to LL in person. etc. Then it was all shut down. I know some think it is because Li was hoodwinked by US management's grand plans. However something else, unexpected by us, happened about the same time. The CCP took control of EONTEC (our PLA life line), and Li reduced his holdings in EONTEC accordingly. Enter the Dragon.
All downhill since.
To those that keep insisting the 'new' technology takes forever to catch on, I would merely point out that the exact same technology, under the same overall management, has by all accounts caught on China. They reportedly have revenue, employees, manufacturing, and name clients.
So yeah, that is how technology works.
"The primary application for this advanced technology is for NASA to build an outer wall bumper shield that can protect spacecraft and satellites from micrometeoroid and orbital debris." Sounds really useful. I wonder how the Chinese space program is doing with that advanced technology.
Mega cap contract for LQMT Valencia. The object of everyone's hopes, dreams, and hallucinations. Yet the (one and only) source of all knowledge on LQMT, Lugee Lee, has himself not uttered a word about it. And let's face it, nothing anyone else says, much matters. When
he says 'LQMT Valencia is signing a billion dollar mega cap contract today', the rest is just accolades, flummery, and propaganda.
If you are firing these blanks for ten years, you should have noticed, they are not hitting the target.