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I have never had machined pins BUT I have used cast metal pins on a D35. I am kinda deaf so I like the little brightness to the high end. I would try LQMT pins but I would not be willing to pay out the nose for them...
A big IDK? We never seem to get close enough to the intel necessary to draw a solid opinion.
Got to wonder what 25 employees at LF do all day? Seems to me like a skeletal crew of 3 can accomplish what the 25 are getting paid for.
Holy Cow. 25 employees at LQMT F/L daily? I am not suggesting your wrong. But have you any supporting evidence on how many are actually on the payroll? My point is: What on earth can 27 people do in a business which is pretty much a glorified Hobbie Shop thus far?
Perhaps they are all stoners... and surfers. Dude. Surfs UP!
“The properties are perfect for a phone casing.”
This propaganda is also a dead horse beaten for ten years now.
If the properties are so perfect, why has Apple still not used it in ANYTHING for ten years
Exactly. The Forest Lakes facility cant handle any volume needed for Apple. It seems more of an R+D set up than a production facility. There isn't even loading dock present. Yes, we have more Power Now but what can they really produce there in mass?
Good Advice.. and Free too!
I will be doubling down at .10. GLTA
Viva Las Vegas Baby! Double down with a hangover in the AM.
I am sure that there are better odds in Vegas than in LQMT
I don’t know what to think of this company anymore. But it sure feels like we are getting bamboozled!
Yes, it has felt this way for a long time. But if Li speaks of contracts it could move up significantly. Truly a conundrum. I suggest you hold a bit longer. In for a penny, in for a pound what have you to lose at this point?
Lugee,..show us your Financial$ Genius!
Lugee show us anything!
-However, they need non-CE fish and whales to start using it.-
I wonder if they still have any chess pieces available. :)
Nice to see you lurking around Gamesc . Yes. Li's guidance is annoying but sometimes that is the way it goes. I am not out a huge amount of money on this position so at this point is still a curiosity than a stain. Now that they have electricity perhaps they will belay information down to 'WE' pesky shareholders. Seems ANY news will inflate the stock. 5G phones prefer Glass over Aluminum. So many seemingly good reasons. But still growing doubts as well. A real conundrum of sorts. I often wonder if AAPL has anything to do with this tight lips secrecy. They are famous for demanding it and will penalize if they don't get it. A few designs were being passed around months ago but they were later discovered to be mockups.
-Karma is the empty space between 2 ears-
Not exactly. Karma is a word meaning the result of a person's actions as well as the actions themselves. It is a term about the cycle of cause and effect. According to the theory of Karma, what happens to a person, happens because they caused it with their actions.
Seems to me that You have been pumping this DOWN from $0.30 BBboy. I would give it a rest.
I disagree. It is a time to watch, hope, pray, and still expect nothing. I would caution any newbie from getting infected by the HIGH hopes here in which this stock has NEVER realized. Newbies would be wise to not rush in based on any posts off this board. -Caveat Emptor
Agreed. There is a litany of reasons why we are hugging .14-.15 cents. Clarity being just one of them.
Your exuberance for LQMT is noted. However. You might want to wear a life supporter.
Yes, it is about string/sound transference to the soundboard via the pins. The nut and the bridge also play into this as well. I have used cast metal bridge pins for years. I would like to try LQMT pins.
I have tried many materials. I am hoping that the LQMT pins would brighten up a guitar and provide superior sound transference to the soundboard.
Yes. But I hope I live long enough to see this eminent payout. :)
Liquidmetal Technologies Reports Results for Fiscal Year 2018
5:00 pm ET March 5, 2019 (BusinessWire) Print
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloys and composites, reported results for the fiscal year ended December 31, 2018.
Management Commentary
"During 2018, we validated our first multi-cavity production molds for our amorphous and metal injection molding operations, resulting in production orders," said Bruce Bromage, the Company's Chief Operating Officer. "In addition, we have recently received our first amorphous production tooling order for a higher volume medical device application with validation and acceptance protocols in process. We are also working with our customer to develop the next generation of this application, demonstrating their commitment to our technology and to Liquidmetal as a trusted supplier. We are focused on bringing more applications into our production pipeline."
Dr. Bromage continued, "Our building power upgrade is near completion, allowing us to further expand our manufacturing footprint. On the research and development front, we continue to learn more about the unique capabilities of our materials and production methods, especially for consumer and medical applications."
2018 Financial Summary
In 2018, the Company generated $532 thousand in revenue through completion of prototyping, small scale production runs, and the production tooling portion of orders for both our AMM and MIM platforms. During 2018, we finished validation procedures, and began producing routine volume part runs, for the Company's first eight-cavity mold, highlighting our development efforts and continued emergence as a volume manufacturer.
Cost of goods sold was $1,164 thousand in 2018 and $696 thousand in 2017. This increase was primarily attributable to an increase in book markdowns of raw materials inventory, which was slightly offset by improved production throughput.
Selling, marketing, general and administrative expense was $5.9 million in 2018 and $6.3 million in 2017. The decrease is primarily due slightly lower costs associated with employee compensation, inclusive of non-cash stock-based compensation.
Research and development increased to $2.4 million in 2018, from $2.0 million in 2017. The increase is mainly due to increases in internal projects related alloy and molding machine development.
Cash and restricted cash totaled $35.2 million at December 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 December 31, 2018 Form 10K, which was filed earlier today.
About Liquidmetal Technologies
Lake Forest, California-based Liquidmetal Technologies, Inc. is the leading producer of parts made with amorphous alloys, also known scientifically as Bulk Metallic Glasses or BMGs. The non-crystalline atomic structure of these materials imparts unique performance properties, including the ability to injection-mold with micron-level precision, lustrous finishes, high strength, hardness and corrosion resistance, and remarkable elasticity. Liquidmetal Technologies is the first company to produce amorphous alloy parts commercially, enabling significant improvements in products across a wide array of industries. For more information, go to www.liquidmetal.com.
Forward-Looking Statement
This press release contains "forward-looking statements," including but not limited to statements regarding the advantages of Liquidmetal's amorphous alloy technology, scheduled manufacturing of customer parts and other statements associated with Liquidmetal's technology and operations. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could vary materially from Liquidmetal's expectations and projections. Risks and uncertainties include, among other things; customer adoption of Liquidmetal's technologies and successful integration of those technologies into customer products; potential difficulties or delays in manufacturing products incorporating Liquidmetal's technologies; Liquidmetal's ability to fund its current and anticipated operations; the ability of third party suppliers and manufacturers to meet customer product requirements; general industry conditions; general economic conditions; and governmental laws and regulations affecting Liquidmetal's operations. Additional information concerning these and other risk factors can be found in Liquidmetal's public periodic filings with the U.S. Securities and Exchange Commission, including the discussion under the heading "Risk Factors" in Liquidmetal's 2018 Annual Report on Form 10-K.
LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in thousands, except par value and share data)
December 31, December 31,
2018 2017
-------- --------
ASSETS
------------------------------------------------------------------------
Current assets:
Cash and cash equivalents $ 35,229 $ 41,309
Restricted cash 5 5
Trade accounts receivable, net of allowance for doubtful accounts 120 157
Inventory 31 391
Prepaid expenses and other current assets 363 326
-------- --------
Total current assets $ 35,748 $ 42,188
Property and equipment, net 11,767 12,465
Patents and trademarks, net 322 408
Other assets 14 14
-------- --------
Total assets $ 47,851 $ 55,075
===== ======== ===== ========
LIABILITIES AND SHAREHOLDERS' EQUITY
------------------------------------------------------------------------
Current liabilities:
Short-term debt - -
Accounts payable 253 92
Accrued liabilities 270 365
Deferred revenue 31 7
Warrant liabilities, current - -
Option liabilities - -
-------- --------
Total current liabilities $ 554 $ 464
Long-term liabilities
Warrant liabilities, long-term 925 2,192
Other long-term liabilities 856 856
-------- --------
Total liabilities $ 2,335 $ 3,512
Shareholders' equity:
- -
Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 0
shares issued and outstanding at December 31, 2018 and December
31, 2017, respective
914 909
Common stock, $0.001 par value; 1,100,000,000 shares authorized;
914,206,832 and 908,768,116 shares issued and outstanding at
December 31, 2018 and December 31, 2017, respectively
Warrants 18,179 18,179
Additional paid-in capital 279,306 277,924
Accumulated deficit (252,809 ) (245,376 )
Non-controlling interest in subsidiary (74 ) (73 )
-------- - -------- -
Total shareholders' equity $ 45,516 $ 51,563
Total liabilities and shareholders' equity $ 47,851 $ 55,075
===== ======== ===== ========
LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(in thousands, except share and per share data)
Years Ended December 31,
---------------------------------------------------------
2018 2017 2016
----------- ----------- -----------
Revenue
Products $ 484 $ 255 $ 453
Licensing and royalties 48 66 27
----------- ----------- -----------
Total revenue 532 321 480
Cost of sales 1,164 696 553
----------- ----------- -----------
Gross loss (632 ) (375 ) (73 )
Operating expenses
Selling, marketing, general and administrative 5,899 6,265 7,472
Research and development 2,429 1,962 2,342
----------- ----------- -----------
Total operating expenses 8,328 8,227 9,814
----------- ----------- -----------
Operating loss (8,960 ) (8,602 ) (9,887 )
Change in value of warrants, gain (loss) 1,267 (143 ) (4,117 )
Change in value of option liabilities, loss - - (2,613 )
Loss on contract modification - - (2,126 )
Interest expense - - (9 )
Interest income 259 55 -
----------- ----------- -----------
Loss before income taxes (7,434 ) (8,690 ) (18,752 )
Income taxes - - -
----------- ----------- -----------
Net loss and comprehensive loss (7,434 ) (8,690 ) (18,752 )
Net loss attributable to non-controlling interest 1 3 8
----------- ----------- -----------
Net loss and comprehensive loss attributable to Liquidmetal (7,433 ) (8,687 ) (18,744 )
Technologies shareholders
==== =========== ==== ==== =========== ==== ==== =========== ====
Per common share basic and diluted:
Net loss per common share attributable to Liquidmetal Technologies $ (0.01 ) $ (0.01 ) $ (0.03 )
shareholders, basic
Net loss per common share attributable to Liquidmetal Technologies $ (0.01 ) $ (0.01 ) $ (0.03 )
shareholders, diluted
Number of weighted average shares - basic 910,546,059 897,273,890 640,157,919
=========== =========== ===========
Number of weighted average shares - diluted 910,546,059 897,273,890 640,157,919
=========== =========== ===========
https://cts.businesswire.com/ct/CT?id=bwnews&sty=20190305005996r1&sid=cmtx6&distro=nx&lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20190305005996/en/
SOURCE: Liquidmetal Technologies, Inc.
Company Contacts:Bryce VanMedia RelationsLiquidmetal Technologies, Inc.949-635-2107bryce.van@liquidmetal.com
Good Catch on the Q+A.
https://iphone.appleinsider.com/articles/19/03/11/apple-announces-march-25-its-show-time-event
Yes, this Apple event might well be it.. Or Not.
My sarcasm sometimes gets the better of me. :)
Looks like another sucker sold
Or am I the sucker:-/
Yes, Grasshopper. This is and has always been a conundrum.
FWIW: I have been contemplating my navel and I only see fog and some navel lint.
Anyone who 'bet' the house on a sub-dollar stock should have known better.
I have patience. (Amigo) I enjoy reading all the suppositions.
I think now is the time BMG or some formula will be used. That is pretty clear. However, I am still not totally sure how LQMT investors will fare. We are like the redheaded step-children of BMG.
The Bonus Indicator. I like it. Bravo!
Dude. Just show me the money.
All this hyperbole means squat.
Good Information. Thanks for the link.
Lol. I was thinking of people who had sells triggered over .20
Yes, I believe that was the play until now. Now there is a NEW reality simmering, and hopefully, it will start to boil as 5G phones come out. There are some interesting designs. I like that new 'Samsung' fold-up phone. Might be Bye-Bye Apple for me unless they get back to leading in design rather than following.. For now, I am looking to the Medical side. I like the high priced Scalpels, and all things required for MIR surgery. Even Apple iWatch now can use its medical sensors too I suppose. And if they do, the watch can be a considered a medical device and tax-deductible off your IRS medical costs (via a prescription) I suppose.
Yea! The material is FINALLY coming to consumer devices. The looming question seems to be how LQMT investors will benefit.
I recall that the Sim Card tray ejection tool being made from LQMT. Not the tray itself.
Apparently 'Hope' breathes eternal.
Yes exactly. All the rest is noise.
Facts? We don’t need no stinkin’ facts. smile-
Exactly. What we need is a great 'Story' and some bigger fools to take us out w/$. lol :)
That is the sort of fresh thinking we need. Bravo!
The concept of opening one's eyes to see what is there also includes opening one's eyes to see what is not there.
That is so Zen. I love it!
Humm. This reciently surfaced.
https://www.liquidmetal.com/sce-approval/
“I am excited to join a technology company with such rare potential for rapid commercialization. Upon initial review of our business and customers, I see a rich vein of opportunity with many untapped applications, even within our current customer base. We have an A-1 list of prospective customers. My priority is to work with Bruce and the team to bring our current programs through the development pipeline into production.”
Yawn...
Times are changing and So is Apple, Baby!!!
Services! Services!! Services!!!
You have THAT right!
"Services Services Services".
Go Apple!
Yes this unfortunately seems to be the theme. However IMO they are just terrible at business and haven't a clue as what to do to propel LQMT and shareholder value..
-I’m placing a lot of hope in medical equipment-
Yes I believe that MRI surgery will be a big market.