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“Or why have the stock’s of those companies doing business with whales on amorphous metal parts failing to rocket up?”
Manipulation!! The MMs are responsible. The CCP! Not enough serious investors.
But isn’t all the good news speculation on what the maze is going to do followed by strained logic or wishful thinking that LQMT will benefit. Is there any good news that is directly tied to LQMT?
“COI was also eliminated by the appointment of Chung as CEO.”
Li remains COB. As others have posted (I believe including you), TC is Li’s puppet. The COI hasn’t gone away.
“Eon has confirmed that at least one of the five whale companies they are working with to supply liquidmetal hinges is a USA based company. And 30 million dollars of equipment was purchased in USD.”
And yet, LQMT has failed to provide any guidance that revenue is forthcoming.
“3. Through ours and Eons Chinese partners, Liquidmetal USA now has the ability to mass produce liquidmetal parts for a whale like APPLE. This is already being done by EON for whale HUAWEI.”
No, LQMT has zero “ability to mass produce liquidmetal parts.” Liquidmetal has the ability to hire Eon/Yihao as contract manufacturers. The distinction is important because LQMT must pay the CM. We don’t know what portion of the profit will go to LQMT and what portion will go to LQMT. LQMT has no choice but to use Eon/Yihao as CMs, which puts LQMT in a weak negotiating position.
When you are paying for advertising, you are generally much more interested in promoting your brand than promoting brand of one of your suppliers.
I cannot think of any company that builds the brand of its suppliers unless they are paid to do so. Intel paid/offered rebates to its customers for their using the phrase “Intel inside.”
“According to Eon statistics or public information, there are several domestic companies that produce liquid metal hinges.”
If true, that raises some interesting questions.
1) What formula are they using?
2) If these other companies are using “our” 106c formula are they buying it from Eon or did they reverse engineer the formula, and if so, is there a non-zero chance of LQMT getting revenue?
3) Are they using a different formula?
4) And why is it that some people claim that it is impossible for Apple to use 106c without LQMT getting revenue? If LQMT doesn’t get revenue from these other companies, then what is the argument for why Apple will pay royalties?
Besides working on weekends, perhaps he should sleep on the factory floor.
Oh, never mind. I forgot there isn’t a factory in the US anymore.
Yeah, yeah, yeah. Another whale just/almost rumored to be landed. I’ll believe when I see it. Been there, done that. Show me the money.
Interesting comment in the post:
“Note royalty payment is not the only form of BENEFIT.”
What the heck does that mean? Seems like foreshadowing for don’t expect revenue. I hope Li doesn’t want his 460 million shares to appreciate
What’s the source of this news?
Be careful of what you wish for. Your stocks could still stink but be very non-boring (free fall with out a parachute is definitely not boring).
My apologies for my unthinking response. The “if true” was directed to some other explanation (like the magnet wasn’t strong enough). I wasn’t doubting your veracity. I was thinking primarily on the fact that we haven’t received revenue and people have offered up various explanations. Well if there isn’t any BMG, then there won’t be any revenue for LQMT - simple as that.
If true, then that explains why we aren’t getting revenue. I’d be more concerned if the parts were BMG and we didn’t get rest.
I’m saying that if there is a “buy American” clause in a contract, you aren’t going to get around it by buying a component from an American based company when the component is made overseas.
I’m talking component by component not the total assembly. LQMT/Eontec are going to manufacture components (e.g., mobile phone frames) not an entire assembly (e.g., an entire phone). A buy American clause would look at where the component is made not where the company is headquartered.
Nobody thinks that you are buying American when the goods are manufactured outside of the U.S.
“Can't wait for the first message to shareholders from the new CEO.”
The first message from the new CEO will probably be at the ASHM and will probably be “Sorry. No questions!”
This stock has turned me into such a cynic.
I understand and agree that insiders buying (not exercising options) LQMT shares would demonstrate a real vote in confidence in LQMT. However, TC hasn’t shown that he believes in the long term viability (i.e., getting re-listed) of LQMT given his past sales. IMO, Any buy and sale before re-listing by an insider is just a sleaze bag who doesn’t believe in n LQMT and is trying to collect a few pennies.
If he sells at a buck, then that doesn’t bode well for getting re-listed.
And what will be our reaction when he follows his normal practice and sells his shares?
IMO The DoD might buy from LQMT but not while the sole contract manufacturer is in China.
With that CV, I’d hire him too, but why does the employment history end in 2010? Embarrassed over his failure at LQMT?
The simplistic answer, and one that does not require deep analysis, is that he has 400+ million reasons not to bypass LQMT. However, Li has ways on making money with BMG that don’t involve LQMT. TWT GLA
Thank you for correcting me. I shouldn’t have said: “We are left wondering how LQMT gets revenue from the maze.” I meant to say “We are left wondering how LQMT gets revenue from the maze and how much revenue LQMT gets.”
Yes, we received a pittance from the dental parts, but we don’t know how much LQMT charged the customer nor how much LQMT was charged. Can you say unequivocally that the CM charged LQMT a reasonable amount or an unreasonable amount? No one knows because Li (and/or his appointed puppets)/sat on both sides of the negotiating table when representing LQMT and the CM.
You keep telling us about a landed whale, I hope you are right. But who represents LQMT when negotiating the manufacturing contract with Yihao? That is the issue of trust. Trust that Li who has multiple conflicts of interests won’t sell us out; trust that Li won’t operate in his own self interest but in the interests of LQMT; trust that Li will treat LQMT and his other companies equally.
Imagine a scenario where you and I are sitting across a negotiating table, where I am the only CM that you can use, and where you have no manufacturing capacity. Imagine that I know how much you are charging your customer for a part. I am in a very strong position because you MUST strike a deal with me (because no one else can do it) and because I know what you are charging your customer. That is similar to LQMT’s position. So yes, we are left with trusting in a person with conflicts of interests and/ or trusting in TC -Li’s hand puppet.
“I thought Yihao was out manufacturing partner. R and D partner, our trusted supplier and our technology partner”
Whether you trust Yihao is your choice. I don’t trust Li because he has too many conflicts of interest. He has set things up so that he can decide where the profits go (Eontec/Yihao/LQMT) and wherever the profits go Li benefits.
I am skeptical of the argument that Li has 400+ million reasons to make LQMT profitable because it is implicit in that argument that Li will act in his best interests. If Li is unethical enough to put his interests in front of the Eontec/Yihao shareholders so LQMT/Li benefit, then he is unethical enough to put his self interests ahead of LQMT’s shareholders.
Yihao will be our contract manufacturer. They will produce products for our customers, and Li/TC will negotiate the contract. Perhaps LQMT gets 0.1% of the profit or perhaps we 99%, TWT.
The point is that there is a world of difference between saying that LQMT has an infrastructure and saying that LQMT has a contract manufacturer. The first implies some ownership/control - it is ours. The second is an acknowledgment that someone else owns/controls the machinery and will make product for some unknown amount. LQMT doesn’t own/control any manufacturing capability.
Some revenue is better than no revenue, but consulting is never going to generate the revenue stream that were anticipated (hoped for) when we bought shares 4 years (or longer) ago. As far as royalties go, we will need to see the contracts because there is no mention of such in the PLA.
“Yes and why would someone like Li with an impeccable reputation spend several years creating a scam ?? From what I understand he has a big conscience that doesn't let him stray away from a focus of honesty and integrity. Somebody like that will never cave in to deception or deceiving others regardless of the money involved because a clear conscience is worth far more than billons to someone like that ....”
I’m not saying Li is a scam artist, but how do you know about the state of his conscience? A successful scam artist would be very proficient at publicly projecting a honest and trustworthy persona while hiding their true persona. Such a scam artist would hide/ignore their conscience while trying to reap millions.
Coulda, woulda, shoulda. We are where we are, and nothing is going to change that. Don’t forget that in addition to the $20 million, Apple poured a lot of money into R&D. LQMT gets to use the patents that Apple developed (outside of CE).
The best case scenario is that BEATS is a customer and LQMT posted the pic without authorization and was forced to take it down.
The worst case scenario is BEATS isn’t a customer and LQMT posted the pic without authorization and was forced to take it down.
Nothing is clear from the facts that the image was posted and then removed.
Mirage is really quite simple.
First, the post images of BEATS headphones. Then the image disappears just like a mirage.
If it was a rest mold, I bet you it wasn’t OK with Apple.
Damn, this stock is entertaining. Just when things start to look positive, it turns into a mirage.
Either way is fine with me provided LQMT gets (substantial) revenue.
I sincerely hope that I have forever missed the opportunity to buy more shares in the 7s.
Now let’s hope that we march upwards on some tangible, unambiguous news (news about LQMT, not the maze) and results/revenue and not simply a reshuffling of leadership and change in web content.
And the market opens with a round of applause for the newly installed CEO. A sign of things to come? Let’s hope so. GLTA
LOL. He out foxed you with that one didn’t he!