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Funny that it took Steip so long to realize that few, even the deepest of pockets, are going to lay out money for a mold of a product that hasn't been field tested and known to work. Kang learned a few things from his mistakes, and one of the major ones, early on, was that he could not afford to pay the molding costs for every prospective client. This is one of the things that Steipp should have learned while he was a consultant for LQMT in the 6 mos prior to his becoming CEO.
He also should have known about the SAGA deal sufficiently early in the process to have included that in the negotiations with Apple so that he would have netted more than 20 million from Apple in the August 2010 give-away.
Rockets come down just as fast as they go up.
I would much prefer a balloon to a rocket.
Most players on this board don't really know what time is and cannot see beyond a week or two at the most.
Indeed, Rarely, we again find ourselves in the perennial "in the midst" LQMT phenomenal progress reports.
Remember, one can be in deep sheet and still refer to it as being in the midst. {Mist, auf Deutsch]
http://www.google.com/patents/US6446558
Good to have some long timers like panzer and oldretiredguy back on the board.
These are LQMT saavy informants.
The words been out for Liquidmetal for ten years. Get out from under the Geico rock. I have bought 5 Liquidmetal products in the marketplace. What is slowing the process of developing new business is overcoming the failures of the old mgmt and business model. Lots of inertia to overcome.
You seem to imply that the August 2010 Apple deal precludes any prior work with Liquidmetal, which, of course, is not correct, since Apple and Liquidmetal have been collaborating since late 2006, as a few old-timers know.
At the very least, the paper clip tool for detenting the memory chip was a result of this earliest collaboration.
Your best post of the year!
Thanks for conserving the bandwidth.
Today is John Kang's Birthday.
Very interesting, but not surprising results. Just one question.
what is a golf clap?
Specs for Unmodified Plastics Machine
Engel E-Motion 110 tons
Screw Diameter in mm 45
Maximum Shot wt (oz) 9.0
Max Shot Pressure PSI 22,350
Max Nozzle Contact Force tons 3.15
Max Injection Speed mm per sec 250
I will settle for Nomad talking anybody into anything before end of 2nd half.
Don't worry. The shares will be very cheap next week, testing the nickel bottom once more.
Tim Cook really needs your input.
It is a good bet.
You are absolutely correct in your assessment.
Few others on this board, new and old, grasp this understanding.
Tell Motorola and SanDisk that their purchases were not true contracts.
Again, you err with your mistatements.
You need only look at the charts for the last ten years potential for the future to see your statements are flat out wrong.
"One big announcement
on a contract will light the fuse."
It is the revenue behind the contract that lights the fuse.
Please get the facts straight.
"LQMT will make moves without revenues justifying it...."
These are called Up and Down moves, heretofore known as pump and dump.
As the Geico commercial for LQMT alcoholic goes: "Are you living under a rock"?
LQMT investors are looking for sustained upward moves.
July has never been a month for LQMT. The reality is August at earliest and most likely September. Those who haven't been around very long do not have a sense of history of long, hot, disapointing summers of LQMT (the sole exception being August 10, 2010.
Sense you and several others following your "magical" July whim have said you will disappear after July if your forecast fails, we can look forward to a more streamlined board. Good luck on your summer wish list during vacations and all.......LOL!
http://www.patentlyapple.com/patently-apple/2013/01/apple-reveals-new-machinery-for-creating-liquidmetal-forms.html
Now, if this presentation on sheet formation falls within the purview of Apple's patent above, then, Apple has something of interest in the ASM presentation by the British scientists. Indeed, this would, of course, relate to LQMT's non-CE use of Apple's technology.
But, do you think that Ogawa will even allude to the connection?
No, way.
https://asm.confex.com/asm/aero13/webprogram/Paper34044.html
The above is the only presenter of a paper dealing with bulk metallic glasses.
I do not believe that Ogawa's presentation will carry the same weight as the scientific papers. It is a shame that we do not have some discoveries of our own to present by our chief scientist and his staff.
I think we are dropping the ball here both in prestige and in substance.
Bill Johnson, the inventor and professor of materials science at Caltech told me the previous inserts shattered...nothing to do with the method of affixment, as far as I know. I will go with what he said.
that being said, there are other potential applications in a golf club, such as the shafts, which may come into play.
further, Doug Hoffmann developed a variation of vitreloy which reduced the previous shattering potential of the original formulation.
I do find it odd that they are not working with their earlier parters like Cleveland, Bridgestone and another whose name I do not recall.
Finally, Liquidmetal is not sole owner of Liquidmetal Golf Clubs, but a fractional owner. I do not believe this will be a big revenue generator.
I am not playing your game. I am now going for the winning side, which in the short run, is down.
Good luck to all bottom scrapers!!!
Looking forward to the testing of 7.5 new bottom, especially in light of the historical 5 cent bottom.
Good chance to get in cheap when it drops below 8 cents again.
LQMT historically has long hot summers of nothingness. We are approaching the season soon enough.
don't listen to those who say the turning point is July. There is absolutely no basis for those statements.
You obviously forgot to post your chart.
This is one of the few, but also, probably the best of the fewgood posts of the many you have written. Mazel tov.
What happened to the run-up?
The other LQMT management shoe drops.
Management got a million share no vote from Wizened because they have not lived up to the expectations they laid out in Steipp's first shareholder's meeting. They have dragged and dragged and dragged and diluted and diluted. Not the kind of combination of attributes that one likes to see in a CEO. Not to mention the Speaking out of the side of his mouth..."in the midst" statements.
I believe 6.5 cents per share is obtainable. However, will settle for 7 next week. We still have to test the 5 cent intra-day low, IMHO.
Is Barney Visser angling to become Chairman of the Board? It seems the current COB in New York just sits on his ass.
heCzkoby = Czeckboy scrambled