is working, sorta kinda.
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I know that you didn’t ask for a reply, but I’ll just ask why is it that the EU got a jump on additive manufacturing? There are lots of other examples as well. Lots. US companies tend to jump in a new technology when it has been proven. They are notorious for buying EU companies (that have been supported by EU taxpayers through Framework programs during development) to acquire new tech.
If this takes off, everybody will be asking for it. I believe the market potential as reported, 30 billion plus, could be a conservative estimate. It’s why I’ve been speculating here.
There are still questions that I have about the material, and I am sure manufacturers do as well. What is the long term performance per application? There is no data. That’s a risk. As companies are pressured into sustainable production, how does BMG fit into total product life cycle? What mechanisms are in place to bring EOL products back into reusable material?
Anyway, I am wishing you all a Happy Mother’s Day. Stay safe.
Yes, it was too expensive and the production technology needed tweaking. Those issues were addressed with Eontec coming on board, so now there is no reason for dismal sales. I’d give it to years end before jumping out. We just saw some new sales literature and the shot size has increased. It looks like they are getting ready for a push.
I have been working in advanced manufacturing R&D for years. I know how difficult it is to being new material and technology from discovery to commercialization. That gap is called the “valley of death” for a reason. I invested here because I looked at the material properties and it’s wide range of possible applications. I don’t understand why it took so long to build the production technologies, and now that we have them, why it is taking so long for sales.
For God’s sakes Prof. Li, cut a few high profile money-neutral/losing deals to prove scale-up and POC. Take it against your marketing budget. Let’s go.
I’ve been in this over six years now. Six years of throwing cushion change into this and to what end? It just struck me that we are having the same dialogue as six years ago. I have to laugh at the arguments over whose theory of the day is right.
We seem to keep moving forward in some respects, but never with any significant contracts or sales. At this point, I think there a just a few of us left that even care about this dog and pony show. It’s kinda sad.
This is the problem when you don't have a CEO that communicates with investors. Speculation upon speculation, tea leaf reading, and endless conjecture. The masterplan comes to us by third party communication. If he is truly not happy with the share price, all he would need to do is explain what's up. I remember when we had conference calls we could attend and ask questions. This is not difficult stuff to do.
Based on his lack of interaction, he simply doesn't care about investors at all or the PPS. I am beginning to think that he just wanted the IP and the Chinese State gave him funding to bring it to China. Let's hope that I am wrong.
If anybody can take the time for corrections of the iBox (info above the posts) and publish a list here, I'll take the time to make the changes in the box. I am a bit busy these days and just haven't had time to do the proper fact finding. Thanks much.
Honestly, I think he is most influenced by and interested in advanced production technologies and sales.
Just as manufacturers here have to work within the legislative parameters of federal, state, and local governments, so does Prof. Li. The idea that the communist party is running his business is a bit out there for me. Remember when GM needed a bailout? The federal government had influence over GM, but nobody cried that GM was owned by the federal government and all was lost. It seems to me that the Chinese government gave a secured loan against the business. They have a right to see that their investment is properly managed and that they receive a return.
I have other concerns about LQMT, but this isn't one of them.
My guess is that some bridges were burned or there wasn’t enough profit. It’s a good question.
Thanks for taking the time to look that up !!! I guess there was a reason why I had forgotten about it - it wasn’t there! That had upset me quite a bit before my conference call.
So, between the Eutectix deal and the recent marketing rework, it seems that we are on the right track. We have enough cash on hand to last for years while this continues development. This probably isn’t a great place to park money. However, as someone else noted, it’s as good as any place to speculate.
I had totally forgotten about this. Now there is some good reason for speculation. What happens after it expires? How many years are we into the PLA? What major contracts have we landed in that time? How much revenue have we generated in that time? It almost seems like it's by design. Hmmm. All we can say is that Prof. Li has a huge investment here, and If he just sent some business our way he could make millions upon millions. For sanity's sake, I am going with that argument.
Thanks for this post. Yes, this is a good agreement and a departure from prior business practices. It seems that things are moving in the right direction.
“With that said, it is clear from the report Li is making incredible progress in China, and he apparently believes we are not far behind. This report has Lis fingerprints all over it.”
Yes, let’s do get real. Unverified information leads people to think this could be a breakout penny stock. Statements from the company like “we expect to see direct and indirect benefits” is just more of the same pat on the head to investors. Remember all of the 200+ customers in the pipeline that were also expected to add direct and indirect benefits?
Yes, we didn’t expect anything significant from this report and we read the same old story reworked. Still, I believe in the company’s potential and there is plenty of time for success. The new marketing materials indicate a positive direction for me, but operations in the black are not happening anytime soon.
Finally, I have a large stake that now is up or down thousands by a fraction of a penny change. I really want this to take off and make big money, but not by misleading somebody else. We are still in a wait and see mode - waiting for facts and seeing significant revenue reported.
I love my investment. I have a boatload of this stuff to prove it. There is nothing wrong about looking at this company with a critical eye. There is nothing wrong with pointing out to potential investors that this is a high risk penny stock, and the reasons why it is so. This board needs to present a balanced picture. If it weren’t for those having a critical eye, somebody might think this was going to be a billion dollar company tomorrow.
I don’t even know how long I’ve been invested. It seems like an eternity of “just around the corner”.
Additionally, our Chinese manufacturing partner, Yihao, is continuing to have market development success in Asia, opening up sales opportunities in industries and corporations we are otherwise unable to access. To the extent these efforts are successful, and/or we are able to add value to such efforts, we expect to see direct and indirect benefits in future periods. >>>These will be realized through either future royalties and licensing fees and through a more general market acceptance of amorphous alloys as a viable manufacturing solution.<<<
At least we finally have a forward looking statement. Or Yihao does. I am not sure.
It’s back to being an IP company.
Thanks much for that. Then the reductions in personnel all are manufacturing operations related. Good stuff.
Still, no real indicator of progress. We need real revenue at some point, but the bleed has slowed. We can go for years like this with the cash reserve, but not much for any new investor to hang their hat on.
Reduced overhead can mean that the company is winding down. Overhead reduction can mean power, maintenance, etc., but can also mean employees - like for sales, research, and development. Does anybody know what the staffing looks like these days?
You need to spend money to make money, so reductions aren’t always a good thing. I did like the recent marketing materials that came out, so I’ll give them that.
I have a large stake in this stock at this point. I am not trying to be negative here, but we need to keep the jolly attitude from hooking new investors into a high risk stock just to pump up the share price. When we have evidence of real accomplishment, I’ll be at the front of the Unicorn herd.
I don't think so. The best statement we received was something about hoping for more royalties from Yahoo "OR" greater market acceptance. What the heck is that? Um, either we will make some money or we won't.
At least now we see them thinking about making some money. Maybe they are warming up to the idea.
It's a "yawn" for me. No surprise.
Obviously, not LiquidMetal , but written as liquid-metal is problematic.
I am really pleased to see these new marketing materials. I hope it’s an indicator that Prof. Li has turned his focus toward LiquidMetal USA.
...and thanks for posting these.
It looks like they are finally getting it together. This makes me happy to see this.
Okay, these are incredible slides. Finally some excellent marketing that tells the story and is easily understood. Thanks for posting!
Yep, and let’s see how much further it is to the bottom after the 1QTR report.
There is no way of knowing which way this is going at this point. I guess the fact that I am still buying paints me as optimistic for growth or nuts.
True, but my particular pen is okay for now.
Yes, I also think it will be dismal. I think it's going to be dismal for awhile - or we may never get there. Who knows? I think a real investor wouldn't put a dime into this until some positive (real) results were shown. It's much better to keep an eye on this and buy in early after a significant announcement than risk your money.
For me, if it goes to a nickel, I'll load up some more. You can't keep this Unicorn in the pen.
Honestly, we've seen continuing work on production technologies but we don't know to what end. As I mentioned before, I've been accumulating stock and have a boat load at this point Why? Because I believe at some point we will have a major breakthrough. We've done proof of concept with the knife, Eontec already has customers, and I BELIEVE (no facts) that a whale will be landed at some point. Apple and other leading companies like Tesla and Ford are interested in BMGs. We also know the Eontec manufacturing capacity is there to support a large production order.
So... I thought last QTR was when we were going to see action - an announcement. I now think that it may be a lot longer than that, or never. This remains a risky stock, but there is a lot of cash on hand so there is ample time for development. We will see.
Finally, if Prof. Li wasn't interested in the company, he would be taking a huge CEO salary to take some of his investment back. Of course, there are a lot of other indicators as well, but this one has always been in the back of my mind. I single detail that is easy to overlook.
Because no major contracts announcements were made over the period, all we know is "more of the same". In actuality, it will probably be "less of the same". The last QTR had equipment sales and "transition" production added as revenue, this QTR will not.
I have to agree - not feeling the love from the professor.
“...if not for the courage of the fearless crew the Minnow would be lost.” And there they are, stranded on the island. Incommunicado.
Higher volume today.
I am starting to think we may see some activity this year. I am saddling up my Unicorn! Lol.
What do you think is the reason?
Thanks for this. I've learned something new today.
It is for sure. It seems the R&D for production continues. Hopefully it is to fulfill customer requirements.
Great catch!! Thanks!
“Is expected”. No specifics.
So if these are expected contracted sales to LQMT in 2020, why doesn’t LiquidMetal USA communicate that? Perhaps these are 2020 sales goals, in the pipeline and not actually contracted.
I've seen the strategy and believed in the strategy for years. Over that period of time, I haven't seen any concrete benefit, significant sales, or contracts. What I have seen: the company shrinking in size and capacity.
Yep, I just meant that we are lucky to be trading at seven.