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Everything Movano depends upon your viewpoint…if you’d are LQMT, it’s all about the EVIE Ring which is very short term. If you are interested in MOVE, the focus is FDA approval for the pulse oximeter and BP monitoring as the catalyst for explosive growth. The RF approach is unique which is an interesting plus.
Disclosure…I have a small position in MOVE but much larger in LQMT so take my comments in context.
When you talked about a WWII movie, I immediately jumped to Dr Strangelove with Peter Sellers and Slim Pickens. I see me on that bomb riding it to oblivion. It could be a metaphor for riding LQMT into the dirt!
I’m thinking that it’s all AI generated because I can’t imagine anyone devoting so much of their life on that drivel.
The part about 40 words or less was deleted.
Earnings Report….In 2023 we reported the Q1 results on 5/5 which happened to be the first Friday in May. This year the first Friday is 5/3 so I’m thinking that may be too early. My guess is Tuesday May 7.
Thank you for that explanation…I never had an appreciation for the differences.
If LiquidMetal components can improve the sound of a guitar….why can’t this application be incorporated into a piano?
I’m still waiting for LL to develop an extrusion process for LiquidMetal to make musical strings/wire. The trick is the cooling and maintaining a vacuum above the extrusion head.
When one thinks of glass reinforced polyester (boats and cars) the fiberglass enhances the properties of the resin to impart desirable physical characteristics. What would happen if someone added fiberglass or graphite nanotubes to the amorphous metal mix prior to moulding? These materials melt far above the AM and would act as a reinforcing filler in the system ….Hmmm
Arranging the deck chairs on the Titanic!
A key component of the LiquidMetal Laser Cannon is a cylindrical amorphous metal part disguised to look like a “guitar pin”. The part is sourced through Gibson Guitars (a DOD front company) but attempts to contact them for comment have been unanswered.
You have to have fun in life!
I heard that US air defenses destroyed Iranian drones using a LiquidMetal Laser cannon placed in a high orbit. The super-secret project included a NDA that prevents revenue reporting.
The cannon utilizes a variation of the “bouncing ball technology” to enhance the power level of the laser by several orders of magnitude. The technology uses a slight variation of a laser presentation pointer to achieve the initial beam which is enhanced by “amorphous mirrors” to cut through objects in 2-3 seconds.
Volume has dried up because of a lack of willing buyers. It will drop faster as sellers get more desperate.
Peter A. Appel has purchased a 9.99% interest in MOVE giving them access to very deep pockets.
Is there ANY scenario that projects this stock to have value?
First…you need money for working capital to fund growth of the business, so raising capital is good even though it comes with dilution. Also good is $3.6 million raised came from “insiders” which assesses commitment (high). Investment from a medical device whale doesn’t hurt either.
Second …If the posters would research the sensor technology, they would learn that the competitors are using infrared transmission for the pulse oximeter and Movano uses radio frequency as its technical approach…and is unique. Apple ran afoul of Masimo patents and both are using IR.
Movano has more than 30 patents for the RF sensor technology makes them an acquisition target. I hope they get the opportunity to establish the enterprise before the offer comes,,,it would be a shame to sell out at $4 when it could be worth so much more down the road.
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The memories don’t go away….it’s the ability to retrieve them that degrades with time. Finding memories the next day is your subconscious working on the problem of re-establishing the pathways.
So I bought some at $0.36 ( and $.0.20 and $0.10 and $0.07) and I don’t harbor all that bitterness….I’m optimistic about our future.
Option Reality….it would be great to have options on 4 million shares at a nickel but your price target can’t be as low as $0.20. 4 million shares at $0.20 is $800k but it costs the exerciser $200k to acquire them. That leaves $600k that one could call gross profit but the IRS (and California) wants its cut NOW so assuming 40% of $600k is $240k leaving $360k. It’s not “chicken feed” but not necessarily life changing. TC needs a minimum of $0.50 or better yet $1.00 before exercising.
The $1.00 minimum also fits with his other options package
Repeating the MOVANO video…..Movano has a year end conference call on 4/4/2024 at 5 pm eastern. Perhaps info on sales in Q4 (they only have one product) and forecast for 2024.
MOVE stock is up $0.12 to $0.58 in the aftermarket
Working capital to fuel growth….a necessary part of the bigger picture.
The more shares management has…the more motivation to excel.
The granting of options is a “non cash” method of rewarding someone for doing something good. maybe it was doing all the legwork associated with the EVIE ring or perhaps something else…who knows? if you are worried that 2 million shares will dilute the 914 million outstanding it’s a waste of time. If the concern is “he got something and you didn’t” you need to move on from that train of thought.
Why would you reach that conclusion….the options are $0.02 in the money and 1/3 of them vest in 12 months…plus he doesn’t have to put up any cash until he exercises. TC paid cash to buy at $0.065.
Did you mean “good for appearances”?
Amorphology doesn’t have a whole lot of Manufacturing capacity or manpower. I’m thinking they have one Engle machine similar to the one we have mothballed in Arizona. I originally floated the idea that perhaps Amorphology approached LiquidMetal rather than vice versa. It could also be that Amorphology is looking for an entry point to access Yihao’s capacity. Both companies face the same hurdles as they try to figure a way get successful. You could merge Amorphology with LiquidMetal with Glasimetal and you would still have no real manufacturing capacity. They are clones sharing all the same weaknesses. These are research stage companies with no expertise in manufacturing or marketing.
Every once in a while even a blind squirrel finds a nut…..or a small application.
I would have preferred that they hook up with “Form Technology” to piggyback on their marketing expertise and reputation.
Speaking of Ripple….I remember $0.65 for a bottle in the 60’s. equivalent to 10 shares of LQMT….WOW!
Keep your sense of humor!
So I can be an “insider” if my wife’s cousin lived next door to a LiquidMetal employee and picked up a rumor? Martha Stewart all over again. How would ResearchFYI identify an insider if there were one? The volume today was 3x average…How many were insiders? Is JB an insider or an outsider??
An insider doesn’t have to jump in and buy 10 million shares as a lump….it could be someone who picked up 500k over 3 days and hardly made a ripple.
How can you have significant insider trading with 7 employees? …..virtually 100% are subject “insider” rules.
I would like to see LQMT revisit the “tire pressure sensor” opportunity…..there have to be areas ripe for improvement that perhaps we can address. I’d like to see a few hundred sets as a test to get qualified.
Corrosion resistance a possible “in”.
How do you get to profitability without passing through breakeven?
So who are the key players at Amorphology? The website lists 5 but we shall see…
Douglas Hoffman…listed as Founder/Scientific Consultant but also seems to be employed by NASA JPL and is a Visiting Associate & Lecturer in Material Science @ Caltech. Busy guy!
Jim Demetriades….Founder and CEO of SEVERAL tech start-ups in Aerospace arena. He has a Venture Capital company called Karios VC —-also dividing his time.
Glenn Garrett ….Chief Technical Officer is a full time employee
Peter Czer….listed in the website as Chief Operating Officer who was previously associated with Karios VC. He is also listed elsewhere as “Strategic and Business Planning” so this is a big question mark This is further muddied by a different reference listing Nicholas Hutchinson (formerly of Eutectrix and Materion) also as the Chief Operating Officer. I think Peter was replaced by Nicholas as COO.
Moritz Stolpe is listed as a senior consultant….his background is heavy in additive manufacturing (3D printing) with lots of references to Zirconium based BMG’s in particular. Also doesn’t appear to be full time.
Total employment looks like 11 but I doubt that they are all full time.
Has anyone considered the possibility that Amorphology is the initiator of this combination/agreement….perhaps Amorphology, as it get closer to a commercial product, had concerns about patent litigation and approached LiquidMetal just when LQMT was looking for a manufacturing partner.
Unfortunately, I think Amorphology is too similar to LiquidMetal in its make-up. being research based and rooted in academia is not a formula to move in a direction that needs sales/marketing. Hope I’m wrong.
Interesting ….Investorshub lists a LQMT breakout to the downside two days ago and a breakout to the upside one day ago (today).
The gears are critical to the operation of robotic joints and there are a whole lot more of them than space launches.
20% move on 550k shares. (Only $35k)……proof of life!
The 8K was filed on 3/15….I don’t understand the sell-off on Monday/Tuesday. I would have expected a positive reaction. Is it that the positive was overwhelmed by the price drop in Movano? Many moving parts.
Amorphology is connected to Nicholas Hutchinson with roots to Materion—-> Eutectrix —-> Amorphology. Has PhD Materials Science from Ohio State. It appears we are moving our machines to Pasadena to support the venture.
Put this in the context of LQMT….
Looking at the “Titans of Industry/Commerce” we see Rockefeller, Ford, Kellogg, Walton, Jobs, Gates, Bezos, Musk plus or minus. What do they have in common?
They are “founders” of their industry
They are male (a hint)
They were/are obsessive with the task
They were very analytical
They were not fun people
They lacked “people skills” to mesh with society.
WAY out of my area…they may have been borderline/mildly autistic.
Where is this going? We have no “founder” to drive the process so the ownership of achieving success is a little less motivated. You can’t throw money at someone and create the same level of commitment that a founder has. No amount of bonus or stock options can get there…..this is a big problem.
ANECDOTE…Personal experience…I worked for a “founder owned/operated” company that started in 1935 (depression) and was successful in spite of the economy. After 20 years or so, it was decided that we needed “professional management” so we hired a raft of MBA’s who transitioned through the business (typical 3 years) …it was HELL. The popular term at the time was “Opportunistic Tourists” and you could rank commitment by where they chose to live. The company was headquartered about 20 miles from a major city and if they chose to locate in the city suburbs, they were less committed (options open) than if they chose to live closer. We sifted through manpower for about 2 DECADES before things stabilized…..chaos.
THE POINT…..We have no “Founder” with sufficient fire in the belly to make success happen and you can’t just go out and buy one.
I first invested in LQMT in 2014 and I have yet to see a profitable quarter and I see the next major milestone for the company is to reach breakeven. Any steps to lower the B/E bar is fair game….raise the rent, go for 4.5% vs. 4.0, increase sales, reduce travel…anything up to and including a car wash
.
Annual loss for 2023 was $2 million which is down from $2.3 million in 2022. Its trending down on a quarterly basis but SOOO SLOWLY.
You forgot $23 million @ 4% and the real estate appreciation….remember TC mentioned that the $7.8 million building has appreciated by 50-100% since purchase. Our cash pile could easily last 20 years. I won’t.
Will Tom Selleck do a $15 million reverse mortgage on an industrial building?
Our 5 year agreement with EUCTECTIX is due to expire in January 2025. The royalty/commission schedule for this arrangement was 6% + 6% which looked good at the time but has yet to return a DIME. What is the value of free equipment storage for 5 years? …..at least we got the depreciation!
I would have rather have had outrageous sales at a lower percent return. We could be renegotiating the fees for the next 5 year term right now.
I can throw another curve ball into this game…..9 month revenue for 2023 was only $224k so the uptick in Q4 was more like $280k…..how much of that increase can be attributed to the ring opportunity….no way to tell.
The trick is to reach valid conclusions with only partial input.
I did use the word “guessing” and the royalty/commission details of the manufacturing agreement haven’t been disclosed so we are going to pile assumptions on guesses on so it’s worth about nothing.
A typical manufacturing cost structure starts at 100%….of that 25%-33% represents the cost of raw materials…..another 25%-33% is labor and the remainder is G&A, profit and other. The “other” is where the commissions/royalties fall.
Here comes the guesswork….
If the application were to originate in China and sold in the US (our exclusive territory) I would expect something like 3%.
If the application were to originate in the US and sold in the US….I would expect 3% + another 3%-5% for the legwork.
The big guess is the selling price to Movano Health….I picked $25-$30 which represents roughly 10% of the selling price of $269 and probably 20% of Movano’s manufacturing cost …the electronics from OSRAM are probably 40%-50% of product manufacturing cost. The rest is G&A etc.
Recognize that I’m not an accounting person but my background is manufacturing engineering which may be useful.
Joshua used a number of $1 million/year impact on LQMT. Frankly, that may be light…It’s not beyond the possibility that Movano can sell a million units this year @ $269 or $269 million gross revenue. I’m guessing the selling price of the LQMT portion will be $25-30 per ring and our cut is $3-5 per ring. That could easily be $3-5 million.
Halve the numbers and it’s still monumental.