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Who says BMW has a machine and why would they need another one?
Of course they're not identified. The existing customer does not exist.
I have to agree there have been some informative posts. One of them was talking about how Apple / Tesla is spending tens of millions of dollars on other material research that has nothing to do with Liquidmetal.
Goodnight...
I also have serious skin in the game. I have my life savings in the company and several family members and colleagues. You can't judge my friend who does or doesn't have skin in the company. I have everything to lose...
I wish I had an average of $0.10 a share. I have however lost money on this. Yes I had to sell for personal reasons and lost money but and still very disappointed in the lack of HONEST communication and disrespect from management.
I haven't turned on anybody. I'll be real honest the behavior of the executives is a little concerning.
Just because Professor Li has money or holds half the shares in the company it doesn't mean that he's exempt from laws, rules, regulations, morals, and ethics my friend.
You were right about us needing to pay attention to Watson comments about management. He was right and I was wrong and I admit it!
However, you're right that Liquidmetal didn't get money directly from us shareholders, but the management knows that they ripped off the IPO investors and if it wasn't for us investors today, Lugee Li would have never had the opportunity to invest in the company. Therefore, it is our company not their company. If it wasn't for us we would have never had the opportunity to even buy into Liquidmetal.
You're right! It's not their piggy bank... It's Professor Li and the shareholders piggy bank.
My sentiments are if these guys can't do it then go get a job somewhere else (Taco Bell) and let someone do it that can do it because there's a lot of dead wood there. There's not an excuse in the world for things like investor relations emails going out without a link (several times).
In hindsight I have to say I was naive thinking it was okay for Tom to be paid what he was and for Tony Chung to be paying himself half a million a year. For what? As you can see I'm a little pissed.
Now that I believe is something we can all agree on.
I would really like to stop by one of these places or hear from someone that has been to one of the retail facilities what they think about them.
It would also be nice to physically see the progress that is being made at one of the grow facilities in Santa Ana.
Yep! And then there is the good old...don't forget...we gave away "our"...oops, I mean "your" investors profitable part of the company to the Kang's...
I would appreciate everyone's thoughts on the subject...
What are the odds that Eontec runs off with all of "our" IP that they already have and Professor Li is never heard from again and all the Liquidmetal executives say "the coffers are empty and we have no idea where Li is. Sorry...we're all off to the Bahamas suckers"!
Vous voir des chiennes ... gestion signée!
Are you concerned at all about the number of privately owned JVs Li has?
Unacceptable!
She's driving... :)
Thank you for reminding me, we need to get milk for the kids.
OMG... I'm reading your post to my wife while stuck in traffic and we're both cracking up.
The lack of respect is inexcusable!
Yes it does and it's total BS!
Yep! And if they are doing this intentionally (lack of communication) to push out week hands or something it is unethical as it gets! Our money has been played with for too long now. I completely understand now why some of the guys that have been around for 10 years or so are tired of the lies and deceit.
Apple has spent a whole lot of money and I'll agree probably a couple hundred million on Liquidmetal but that's a piss in the bucket for R&D and they would drop it in a heartbeat if there was something better.
I have to say I agree and I'm highly pissed off! The arrogance that I've got when I've called there is really disgusting and I don't think any of us should put up with it anymore. The lack of transparency, character and sly behavior from management and the executives is disgusting. They would not want to be treated this way. Even my 3 year old knows that the truth is always the best policy. I'm sure Bryce and Tony are teaching their kids the same thing that their daddy's don't practice. We pay their salaries.
Because they have the money to blow!!
It's very possible!
It seems like a lot longer to me as well but it has really only been about 1 year and 5 months.
Yeung Tak Lugee Li "Yangde"
Chairman/President/CEO Liquidmetal Technologies, 12/2016-Present
Liquidmetal Technologies Chairman, 10/2016-Present
Liquidmetal Technologies Board Member, 3/2016-10/2016
Here's an interesting story...
Federal Express
Frederick W. Smith first came up with an overnight-delivery company back in 1962 that he outlined in a paper while attending Yale University. Smith went on to become a successful businessman who took his personal wealth of $4 million, along with another $90 million from investors, to found his delivery company in 1971.
However, Federal Express failed to take off initially and was on the verge of bankruptcy. Smith took the company's last $5,000, flew to Vegas, and played blackjack. The gamble literally paid off. Smith made $24,000, which was enough to cover the cost of fuel and keep the company afloat for another week.
With a little more time, Smith raised another $11 million to keep Federal Express running. The company made its first profit in July 1975. Today, the Memphis-based company enjoys total revenue of more than $3 billion.
Liquidmetal Technologies Reports First Quarter 2018 Results
LAKE FOREST, CA (BUSINESS WIRE) May 08, 2018
4:30 PM ET 5/8/18 | BusinessWire
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloys and composites, reported results for its first quarter ended March 31, 2018.
Management Commentary
Regarding the Company's results for the first quarter of 2018, Paul Hauck, the Company's Executive Vice President of Sales and Marketing noted "The Liquidmetal sales and marketing team increased it's go-to-market and sales intensity during the first quarter of 2018, stimulating customer interest. The Company's successful bio compatibility testing results have helped generate medical device manufacturer interests and new prototype orders during the first quarter. Several key prototype programs from the medical and automotive markets are in testing with customers, and some are anticipated to yield production tooling orders before the end of 2018. Additionally, changes in pricing strategies have helped generate the largest number of key opportunities the Company has observed in the past two years." We don't care about interest anymore Paul! We want to hear results dammit! What have you all been doing for the past few years!
Mr. Hauck went on to note that "The Company received production orders from Zyris/Isolite and C.F. Martin BIG DEAL PAUL! during the first quarter. Both customer orders provide the Company with the opportunity to demonstrate ongoing production capabilities to new customers. Liquidmetal also passed its first detailed customer quality audit recently, which increases the Company's confidence in meeting demanding customer requirements."
Q1 2018 Financial Summary
During the first quarter of 2018, the Company generated $80 thousand in revenue as it continued to focus on the development and manufacturing of prototype and commercial parts for its customers and partnering with licensees on the development of the Company's technology and production processes.
Selling, marketing, general and administrative expense was $1.6 million in Q1 2018, as compared to $1.7 million in Q1 2017. The decrease was primarily due to reductions in overall headcount, and associated salary expense. and...it's time to get rid of more dead wood Mr. Li.
Research and development expense was $0.6 million in Q1 2018, as compared to $0.4 million in Q1 2017. The increase from the prior year was mainly due to additional expenses associated with alloy and application development.
Cash and restricted cash totaled $39.9 million at March 31, 2018, as compared to $41.3 million at December 31, 2017.
For a more detailed and complete analysis of the Company's financial results, please refer to the Company's March 31, 2018 Form 10Q, which was filed earlier today.
You forgot "marketing folks" that forget to put the URL in their click here button on their mass emails? Did I mention they did it 3 times? Duh.... :(
And who might this little birdie be? I will tell you...there is no damn bird and why on earth would they do that? What would 5:1 accomplish a $0.99 share price all said and done that would eventually drop to $0.50?
If you would have said 20:1 RS that "might" have been a different story. Admit it there is NO damn birdie now is there!?
I would be happy to send you his email, if I don't get a response from him.
If anyone treated Li this way that would be the last time. FIRE THEM ALL! NOT ONE IS WORTH THEIR WEIGHT IN LIQUIDMETAL . I'm hanging on because I believe in the technology and Professor Li. I'm pissed off at the old executives for how sleazy they are being. I understand secret but enough is enough... That's nothing but an excuse anymore. They can let us know something... Just be honest!!
I'm learning the hard way that not everyone is as honest as others.
Professor Li are you paying attention? I can't believe I'm saying this but the poster is right. Anyone who is not producing is dead weight and they need to be gone! These are obviously not the right group of people to get the job done. Enough trying...
OUR FAMILIES NEED TO EAT TOO! WHAT DO WE GET FOR OUR LOYALTY? LIED TO...THAT"S WHAT WE GET!
Apple has flopped every year now and if I'm honest with myself there is nothing making me believe we will see anything different this year from Apple. If you've been around you have seen the same old hype every year and there is not one news article, patent or piece of information out there that could convince a "conscious" person that Apple will use Liquidmetal "this year".
I hope it happens...However, think, hope and wish should not be used when investing.
Isn't Professor Li's 6 month extension up? If not, when will it be?
I have to agree with you Watts. I like the guy but the amount of business he has produced during his tenure is terrible! As you asked I have underlined the things that are encouraging. :)
I have a strong feeling that we will NOT be disappointing in their progress for the rest of the year. I'm afraid if anyone gets out now they might have regrets like our friend Gorgol did with his Tesla investment.
I have good reason to believe that management and Li are not going to ever again issue press reports like Tom Steipp did. Steipp did that to keep the company alive long enough while they completed their negotiation with Li / Eontec.
Professor Li is a show not tell kind of guy!
Do OTCBB And Pink Sheet Penny Stocks Trade Premarket Or Afterhours? [VIDEO ANSWER]
Must watch video... This is great! :)
Enjoy your day and let's all keep praying for "at least" a half a million in revenue.
Yes but they are trades from the day before or earlier in the day that the market maker did not post on the tape. I can look it up for you a little later if you want.
But there is no pre-market or after market trading on OTC stocks. Or am I missing something?