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LQMT 0.0709. +2.8%
LMAO. 0.0185 for $125. Peanuts and cracker jacks!
That’s a great article. HUAWEI has done the heavy lifting for us.
It us just a matter of time before we see the fruits come our way in the USA and Europe!
OPPO, and HONORS flip phones first this year. Then comes SAMSUNG and APPLE.
Whales know the chain of partners within the MAZE have the manufacturing power to satisfy the needs of a whale order coming through YiHao/Eontec/LQMT USA.
I truly feel this is going to be our year. And TC’s optimism, and authenticity in that last conference call reinforces confidence.
Best wishes to all true longs!
LQMT 0.690. +1.8%
I see us hovering close to 0.07+ until TC unveils more positive news soon IMHO!
All longs. Hold your shares and make the flippers pay for it.
Our manufacturing partner YiHao obviously has partnerships with other whale manufactures that can get any job done needed by a whale. Another factual example to the opposite of the BS being fed that LQMT can’t support a whale.
U) 4/8/2020 Yihao and Ningde Sanxiang jointly signed the "Equipment Sales Contract". Ningde Sanxiang agreed to purchase 10 units (8 from Yihao and 2 from Yian Technology). Various types and specifications of liquid metal machinery and equipment, with a total amount of RMB 30.8 million. It also says: “In addition, Ningde Sanxiang should purchase no less than 30 liquidmetal machinery and equipment from Eontec.” So, 40 Liquidmetal molding machines in total are to be purchased! These 40 Liquidmetal molding machines meet production conditions needed on 7/7/2021 (see item (XX)).
Current steps being taken by LQMT sales force:
“With that said, I can state that we are fully immersed in our sales effort and are now seeing results with new prototype orders that were recently received in the health monitoring, surgical robots, and eyewear industries. We hope to see more prototype orders from customers in other industries that are currently in the pipeline and are hopeful of getting these prototypes into general production as soon as possible. “
So what. This is status quo language required in these quarterly reports.
Has nothing to do with progress and positive steps being made by the company and future potential.
Some fixate on past weaknesses others focus on positive steps and future potential on a company.
The later is why investors invest in a stock and company.
Great article on Reddit:
Huawei article
[http://science.china.com.cn/2023-03/27/content\_42309493.htm](http://science.china.com.cn/2023-03/27/content_42309493.htm)
For example, Huawei is the first company in the world to apply zirconium-based amorphous alloy (zirconium-based liquid metal) to the hinge of folding screen mobile phones. The addition of zirconium-based amorphous alloy (zirconium-based liquid metal) can further reduce the size of the hinge while enhancing the basic performance of the hinge, such as wear resistance and durability. And there is no need to sacrifice basic functions such as battery capacity and lens configuration of the mobile phone. It can be said that the material and design of the hinge determine the thickness and weight of the entire model, and also largely determine the service life of the folding screen mobile phone.
It is understood that Huawei's latest Mate x3 model continues to adopt the zirconium-based amorphous alloy (zirconium-based liquid metal) solution, coupled with further improvements in the design scheme, making this model lighter and thinner. Furthermore, the weight of the body has dropped to 239g, leading the trend of thinner and lighter folding screens.
Driven by Huawei, zirconium-based amorphous alloy (zirconium-based liquid metal) materials quickly attracted the attention of other mobile phone brands including OPPO, VIVO, etc., allowing liquid metal to move from niche new materials to large-scale applications. Brightened the prospects of its industrialization.
According to Zhiwu Technology Review, the main suppliers of amorphous alloy (liquid metal) materials for hinge spindles include Yi'an Technology, Dongmu Co., Ltd., and Changzhou Shijing.
Among them, Yi'an Technology is the first company in the world to break through the bottleneck of the industrialization of liquid metal materials. It currently has the world's largest liquid metal production base. The company's liquid metal products have been widely used in foldable screen mobile phone hinges, automotive structural parts, high-end earphones, and medical equipment. , golf club heads and other fields, among which it has cooperated with many manufacturers in the field of folding screens; Shanghai Chisheng, a subsidiary of Dongmu Co., Ltd., is also a supplier of liquid metal products, and its downstream is mainly used in fields such as folding screen mobile phone hinges; Changzhou World It is also a high-tech company specializing in R&D, manufacturing and sales of liquid metal materials, and is committed to providing complete liquid metal solutions for global consumer electronics, smart equipment and advanced medical equipment customers.
Enjoy your peanuts and crackerjacks!
Tomcat that makes good sense. Funny how some want every investor to follow their trading schemes to make $125 profit on a wash and repeat.
My strategy is also to hold my shares long, and pick up more share to hold long at cheaper prices.
I believe in the end the longs will be rewarded nicely! And I do not think we will have to wait much longer.
Some contend that Li/LQMT does not have manufacturing capacity or strategies for whales, a totally false conclusion.
Li/LQMT although having Eontec/YiHao for manufacturing, can use other strategies like selling machines to other manufactures and license them the process for large production orders of a whale.
Read Joshua’s post of what could happen with a SAMSUNG hinge contract for manufacturing:
“It looks like KHVatec will do the manufacturing.
https://www.khvatec.com/en/products/motion_module/
Lugee will simply sell them the machine and license the process. KHVatec will produce the MIM sub-assemblies small pieces and insert them inside the BMG mold for the final hinge assembly.
Similar deal and structure with LQMT Japan with Twins Corp.”
Don’t believe the false theory that a whale is out of bounds because of manufacturing.
SOME FOCUS ON PAST WEAKNESSES OF A COMPANY, OTHERS FOCUS ON CURRENT POSITIVE STEPS TAKEN AND FUTURE POTENTIAL.
Excellent post SG.
Thanks for clarifying the facts in the midst of all the short BS!
Lots of crafty worthless fellas in the stock market.
What we need is an announcement of production back up and running and news of an OEM contract.
Management is functioning like a bunch of clowns running a circus to date, and the share price is reflecting it!
What was or has been doesn’t define what will be.
We have not had Eontec liquidmetal products selling in USA or Europe. Liquidmetal hinges in OPPO and soon other foldable phones will be first.
And yes PLA is legal document that explains our royalties and revenue when sold in our territories.
One can put head in sand or see the truth in front of them.
Some only focus on past weaknesses of a company, others focus on positive current steps and future potential!
Oppo tear drop hinges in foldable phone which will sell in USA will create foldable phone competition Apple, Samsung can’t ignore.
https://amp.theguardian.com/technology/2023/feb/22/oppo-find-n2-flip-review-hinge-phones-crease
Samsung is already on the heals of this amorphous metal technology that requires BMG parts.
Reddit:
Samsung finally join the teardrop crowd and maybe more
[
Apple does not own rights to 106c liquidmetal formula that Eontec is using and LQMT has rights to in the partnership.
Apple dies not own rights to liquidmetal branding in USA either. It belongs to LQMT USA.
Products coming into USA using Eontec 106c do not violate anything in the MTA, and PLA with Eontec are explicit that this is our territory for receiving revenue and royalties.
Stop believing the bull that somehow this violates Apple agreements.
This is Apple’s dream from 10 years ago -sapphire/liquidmetal combo. Maybe this is one of those high value high order products Tony was talking about.
Don’t forget Apple gave Li liquidmetal blessing to develop this in China first.
Reddit:
Huawei Watch Ultra -Liquidmetal case with Sapphire Screen. Exactly what Apple has been working to do for the past decade.
Our time may have finally come. The fact that the Liquidmetal case is wrapped around a sapphire screen is VERY promising. Your turn Mr. Cook.
https://www.techradar.com/news/huawei-watch-ultimate-unveiled
If I believed like you, I would sell today.
But I still see the potential.
Yes I’m a true believer!!!
Reddit:
HUAWEI WATCH Ultimate...Amorphous Zirconium Alloy.....LiquidMetal Mfg Technology
Keep in mind Swatch owns the LiquidMetal trademark for watches.
[https://www-sohu-com.translate.goog/a/658209866\_120246138?\_x\_tr\_sl=auto&\_x\_tr\_tl=en&\_x\_tr\_hl=en](https://www-sohu-com.translate.goog/a/658209866_120246138?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en)
# HUAWEI WATCH Ultimate is an extraordinary master, reshaping the new definition of high-end smart watches
*2023-03-23 ??17:41*
*Business elites in the workplace have a natural love for traditional mechanical watches, and regard them as a symbol of individual aesthetics and status. And if you are a person who strives hard at work, likes to explore mountains and seas in the extreme environment, and constantly challenge yourself in life, then you need a product that can not only meet the needs of business wear, but also provide you with outdoor sports. A professional and reliable "accompanying" smart watch.*
*Huawei continues to explore the balance between high-end business and professional sports and health functions, and has successfully created a number of smart watches that take into account design aesthetics and high-end watch texture. On March 23, Huawei launched a new ultra-flagship smart watch HUAWEI WATCH Ultimate, which adopts a new design language and perfectly integrates high-end fashion and sports style, bringing users a unique and noble wearing experience. It is not only the world's first public smart watch that supports two-way Beidou satellite news, but also has the ceiling of waterproof performance of smart watches in the industry, supports 100-meter diving and multiple diving modes. Multiple exploration needs in off-road, camping, hiking and other scenarios.*
***Across the ocean, galloping in the mountains, showing extraordinary temperament in each scene***
*The extraordinary master of HUAWEI WATCH Ultimate has insight into the spiritual character of outdoor explorers, combined with the theme of extreme exploration to create two watches of "crossing the ocean" and "riding the mountains", either deep rational or passionate adventure, which not only exudes high-end fashion sense, but also presents users unique personality, hobbies and great ambitions.*
*Among them, HUAWEI WATCH Ultimate Extraordinary Master Vertical and Horizontal Ocean Model takes the extreme land as the design concept, and melts the colors of the ocean and glaciers on the wrist. Amorphous zirconium case with titanium alloy strap complements the dark blue dial, suitable for daily wear, and shows a calm temperament in business occasions. The scale of the bezel adopts the design language of traditional high-end diving watches, and the scale of the first 15 minutes is finely divided into minutes. With an exclusive dial, it is a good choice for high-end business sports people.*
*The HUAWEI WATCH Ultimate is more suitable for outdoor adventurers who like mountaineering and hiking. On the black ceramic bezel, the 360° azimuth scale and the exclusive red pointer mark strengthen the sense of azimuth. The design language of the compass is full of mechanical sense. The wearer can know the direction at any time; the left and right sides of the dedicated dial can display altitude and air pressure information, so that climbers can understand their situation in real time. In addition, the HUAWEI WATCH Ultimate is equipped with HNBR high-performance rubber strap. The flexible design and high elasticity fit perfectly with the case. It is light and comfortable to wear, and can better reflect the elite's deep pursuit of sports.*
*In addition, the two models of HUAWEI WATCH Ultimate have a built-in exclusive "world time" dial. The outer ring of the dial adopts Greenwich Mean Time, showing the time of 24 typical cities in 24 time zones, which can be intuitively obtained anytime, anywhere The current time in any time zone is an essential practical function for business people.*
***Innovative materials, quality and your temperament easily combined into one***
*Gold inherently represents nobility, and diamonds have always represented rarity. For a smart watch, the high quality of material and craftsmanship also determines its high-end attributes. The case of HUAWEI WATCH Ultimate is made of ultra-strong* ***amorphous zirconium alloy****, combined with* ***liquidmetal manufacturing technology.*** *The application of this innovative material has also established the extraordinary position of HUAWEI WATCH Ultimate in the field of smart watches.*
***Amorphous zirconium alloys are commonly used in high-precision and cutting-edge industries such as traditional high-end watches and aerospace-grade detectors. In order to apply it to a corner of the wrist, it needs to be melted at a high temperature of about 1000°C, and rapidly cooled to about 200°C within a few seconds, and then vacuum die-casting, polishing, injection molding, sandblasting, laser engraving, etc. 30+ cumbersome processes are carefully crafted, continuous research on details, and hundreds of times to verify the corrosion resistance properties, and finally create the case of the extraordinary master of HUAWEI WATCH Ultimate. Compared with the common 316L stainless steel material, the hardness of amorphous zirconium alloy is increased by 2.5 times, the strength is increased by 4.5 times, and the weight is reduced by 17.4%, and the corrosion resistance is stronger, more durable, and it is combined with the user's elite temperament for one.***
*The extraordinary master case material technology is similar to the* ***BMG-TECH™ of the Panerai Stealth*** *series*
[https://www-yihaometal-com.translate.goog/?p=9056&\_x\_tr\_sch=http&\_x\_tr\_sl=auto&\_x\_tr\_tl=en&\_x\_tr\_hl=en](https://www-yihaometal-com.translate.goog/?p=9056&_x_tr_sch=http&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en)
*In order to present a clearer and more delicate display effect, HUAWEI WATCH Ultimate is equipped with a 1.5-inch LTPO AMOLED flexible high-definition round screen, which has a larger display area and supports all-weather always-on display. The ultra-low refresh rate of 1Hz reduces power consumption. On the premise of guaranteeing battery life, make the screen information easily available. The glass cover of the screen is made of high-strength sapphire glass in the industry. The thickness of the central plane area of ??the glass is 2.35mm. Transparent perception.*
*The bezel is made of nano-microcrystalline ceramic material, after 24+ processing procedures, 7 days of glue removal and sintering, CNC precision machining and fine carving of the internal structure, through polishing and grinding, and ingenious production and processing. The ceramic material has the characteristics of scratch resistance and corrosion resistance. Compared with stainless steel, its hardness is 6-7 times higher, and its corrosion resistance is more than 10 times that of stainless steel. It feels warm and moist like jade, and its luster is comparable to that of gemstones. Afterwards, it is still as clean as new, accompanying the resolute elite without fear of challenges.*
*HUAWEI WATCH Ultimate not only meets the aesthetic needs of business people in terms of appearance and materials, but also has a new layout in button design. It adopts the three-button design of traditional high-end watches for the first time, and the newly added auxiliary button supports one-click opening of Beidou satellite information. The function adopts a double ring design, implying that the signal is "never disconnected", which is more recognizable.*
*The "Ultimate" printed on the dial represents an extraordinary spirit of extreme exploration and breaking through boundaries. It also represents Huawei's ultimate pursuit of watchmaking craftsmanship and continuous exploration of cutting-edge innovative technologies. This time, Huawei has reshaped the new definition of the high-end smart watch field with forward-looking technological aesthetics and extreme cutting-edge technology*
So you do not believe in the company. Nothing new here.
Have you sold or are you short?
I’m holding long at 0.88. Upside potential is still huge here.
Company isn’t going anywhere with 220 milllion and another 100 milllion coming from FOXCONN.
What I see is shorters continuing to manipulate until company announces production back in play and OEM’s.
Feel sorry for the weak hands being manipulated out of their shares.
Eagle I would encourage you to pay attention to current steps being taken by the company in medical, dental, robotics golf. Keep a pulse on the current developments of liquidmetal in China-that’s where the money is being pored into the technology that will benefit LQMT USA. Pay attention to the liquidmetal tear drop hinge and it’s expanding market in the USA and Europe.
Don’t let the negator speak keep you from seeing current positive steps of the company, and it’s future potential!
This could be huge for Lordstown with MIH partnership.
On Reddit:
APPLE CAR
This is a pretty good read....
[https://www.macrumors.com/roundup/apple-car/](https://www.macrumors.com/roundup/apple-car/)
**Apple may** [**instead be planning to work with**](https://www.macrumors.com/2021/07/13/apple-car-battery-united-states/) **Taiwanese manufacturers on batteries that are could be made in the U.S. Taiwan-based Foxconn and Advanced Lithium Electrochemistry both plan to set up factories in the United States that could end up manufacturing batteries for the Apple Car.**
**Wisconsin,......TAX CREDITS?**
**Foxconn is the main assembler of iPhones, and also recently unveiled an electric vehicle chassis and a software platform to help carmakers bring models to market faster. Contract manufacturer Magna is purportedly another possibility, but Apple may also choose to manufacture the vehicle itself.**
Can a moderator pin the CC transcript to the board so everyone can determine for themselves what current positive steps the company is taking and the future potential of LQMT.
Liquidmetal Technologies, Inc. (LQMT) Q4 2022 Earnings Call Transcript
Mar. 14, 2023 9:53 PM ETLiquidmetal Technologies, Inc. (LQMT)
Liquidmetal Technologies, Inc. (OTCQB:LQMT) Q4 2022 Earnings Conference Call March 14, 2023 4:30 PM ET
Company Participants
Tony Chung - Chief Executive Officer
Operator
Good afternoon. Welcome to Liquidmetal Technologies’ Fiscal Year 2022 Conference Call. My name is Amy and I will be your conference operator this afternoon. Joining us on today’s call is Mr. Tony Chung, Liquidmetal’s Chief Executive Officer.
Before we proceed, I would like to provide the company’s Safe Harbor statement with important questions regarding forward-looking statements made during this call as follows. All statements made by management during this call that are not based on historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933 as amended on Section 21E of the Securities Exchange Act of 1934 as amended.
Such forward-looking statements include, but are not limited to, those made by Mr. Chung regarding the company’s cash, revenue outlook, and technology development. While management has based any forward-looking statements made during the call on its current expectations, the information on which such expectations are based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside the company’s control that could cause actual results to materially differ for such statements.
Such risks, uncertainties, and other factors include, but are not necessarily limited to these set forth under risk factors in the company’s annual report on Form 10-K for the year ended December 31, 2022. Accordingly, you should not place any reliance on forward-looking statements as a prediction of actual results. The company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements. You are also urged to carefully review and consider the various disclosure in the company’s annual report on Form 10-K for the year ended December 31, 2022, as well as other public filings with the SEC since such date.
I would also like to remind everyone that this call will be available for replay starting later this evening via link available in the Investor Relations section of the company’s website at www.liquidmetal.com.
Now I would now like to turn the call over to the company’s Chief Executive Officer, Mr. Tony Chung.
Tony Chung
Thank you, Amy and thank you to our investors for participating in today’s call. I am going to do something a little different this time around in that I want to keep our investors generally informed on the state of the company by answering some frequently asked questions that have been presented to me from investors whom I’ve met recently. Please note that on top of the discussions I have for you today, you should also review our 2022 10-K filed earlier today to get a full overview of our company operations.
But before we go into the FAQs, let’s go over the formal part of our session by briefly going over our financial results for 2022. We closed out the year with approximately $380,000 in revenues and a net loss of $2.4 million. Our modified EBITDA, which excludes non-cash items for 2022, came in at about negative $1.8 million.
On the balance sheet, we ended the year with approximately $24 million of readily available liquid cash and investments. Our corporate building purchased in 2017, which is our other major asset has a net book value of approximately $8 million. We have not done a formal appraisal, but we have market analysis indicating that the current market value of the building is significantly higher, considering the recent increases in real estate valuations. We have no debt, and as confirmed by our auditors, have no going concern issues.
So with that out of the way, let me dive into FAQ number on. What is the current state of the technology and why have there been delays in revenue growth? I am sure this is on everyone’s mind. And to answer this question, I need to provide some perspective by summarizing our company history based on my 15 combined years of work experience at Liquidmetal. Liquidmetal went public in 2002 when we were operating out of our first corporate office located in Tampa, Florida. With the successful fundraise we invested in a manufacturing plant located in South Korea to make cellphone parts for the major cellphone manufacturers during the flip phone era. It was very early in our evolution and our manufacturing technology was in its infancy. In hindsight, the first generation of our diecast machines was not ready for volume production and due to increasing costs and ongoing losses we shutdown operations in Korea around 2009.
After this attempt our manufacturing and commercialization, our focus turned to developing new operations in the U.S. and monetizing our intellectual property. In so doing, we signed a license agreement with Apple in 2010 and co-developed new machines based on a single injection molding platform. While we were able to obtain the attention of such world-renowned companies, the fact that – the fact remained that for years, we operated with tight cash constraints and struggled to get our operations off the ground to advance the technology.
However, at the end of 2016, the company was revived by Mr. Lugee Li who invested $63 million into the company and became our Chairman and major stakeholder. In addition, we began our partnership with Eontec, also chaired by Mr. Li, through a parallel license agreement to share intellectual property between the two companies. Eontec is a public company in China, which specializes in manufacturing aluminum and magnesium diecast parts for automotive and industrial components. By partnering with Mr. Li and Eontec, we not only gain the capital required to focus on our business, but we also gained a partner with the technical know-how and global experience that we lack as a company.
Thereafter, we purchased our new corporate building in 2017 and started a small manufacturing operation with the Eontec diecast machines for manufacturing Liquidmetal parts. This was a pivotal moment for the company because the Eontec platform represented the latest development in machine technology for amorphous alloys that allowed the company to manufacture on a global scale.
But during this transition period, it was quickly evident that to attract major customers, we would require a much larger scale manufacturing operation. To address this issue, we restructured the company in 2019 to reduce our overhead costs. But more importantly, we outsourced all our manufacturing needs to Yihao, Eontec’s affiliate company focused primarily on manufacturing amorphous alloys. Now around this time, when we were implementing the shift in our technology, the world was struck by COVID-19 and the economy essentially came to a halt. I arrived as CEO in late 2021 and the company reemerged from COVID lockdown to be able to, again, execute on its our core strategy.
So in summary, the company managed to survive through many challenges throughout its history. But despite everything that we have gone through, I believe that our amazing technology is just as relevant today as it was when we went public. With the current evolution of our business model of having sales, engineering, quality, and admin support in the United States, paired with world-class manufacturing capabilities in China, we have emerged to position ourselves to execute on the original vision of the company, to be the premier supplier of amorphous alloy applications to the mass market.
So this leads us to question number two, where are you with sales? So coming out of the pandemic, we relaunched our sales and business development efforts. We began by heavily targeting large-scale customers, including established medical device and instrument suppliers who were themselves beginning to reopen. These large companies have a tendency to heavily scrutinize new technology prior to accepting them as a readily available resource.
As such, capturing their business requires a long-term strategy of proving out the benefits of the technology and navigating regulatory oversight. These larger scale customers also have very extensive vendor qualification processes with physical on-site inspections and quality controls. The foregoing processes make take years, and we are working diligently and going through the necessary steps to ultimately bring about our technology into their product line. While large-scale customers tend to move slowly, we have other opportunities with small to medium-sized customers to move more quickly, especially the ones that are in start-up mode. These smaller, more nimble companies, however, have production volume quantities that are not at the levels that would make a significant impact on our revenue growth.
So bottom line, it is essential for us to focus our energy on high-volume, large-scale customers, despite the fact that these companies tend to have longer sales cycles, which we are currently experiencing. We are putting in the time and diligently working with such companies to create long-term, regular revenue streams. In addition, we are working with small to medium-size companies for quick opportunities, even though they may have a more modest impact on our bottom line.
More on the subject of sales cycles, it is important to point out the fact that we are not in the business of selling widgets. By that, I mean that our sales cycles can be complex, requiring collaboration with designers, engineers, product managers, and so forth, to come up with suitable designs for prototyping and general production that accentuate the benefits of our amorphous alloys. This process can be as short as 6 months, or more typically, can take years, again, especially when working with large-scale customers.
With that said, I can state that we are fully immersed in our sales effort and are now seeing results with new prototype orders that were recently received in the health monitoring, surgical robots, and eyewear industries. We hope to see more prototype orders from customers in other industries that are currently in the pipeline and are hopeful of getting these prototypes into general production as soon as possible.
So, next, frequently asked question number three, what’s going on with the recent Golf license agreement? As before, let me provide a little history related to our experience with Golf. Our first generation of Liquidmetal golf club, were made during the late ‘90s, and they were known for having remarkable distance capabilities. However, prior to going public, we discontinued the golf business due to the limited size of this market and we made a conscious decision to devote our cash and resources on commercializing our technology for the mass market, including consumer electronics and medical industries.
Fast forward to 2022, with the culmination of our current business structure, we felt that it was the right time to revisit the golf space and signed a non-exclusive license agreement with ATJ Technologies, a company that has broad experience in the sporting goods industry, to have them develop amorphous alloy technology, specifically related to golf application. ATJ have done design work on driver faceplates and is currently working with Asian golf companies to produce new golf application. Liquidmetal too, is in preliminary discussions with a major golf company in the United States to explore possibilities of developing new amorphous alloys, specifically formulated for golf application. In short, we have begun the process of partnering with established golf companies and are looking forward to working with them to utilize the elasticity and hardness benefits of our alloys and to eventually produce and market the second generation of Liquidmetal-branded golf club.
Okay. Frequently asked question number four, will you have manufacturing in the U.S. or anywhere else? The short answer is not in the foreseeable future. Manufacturing is a costly all-encompassing endeavor. With the current state of our operations, we don’t have the need for additional manufacturing capacity and will not devote resources to such an undertaking. I believe we currently have everything we need to be successful with a full-service U.S. team and a global Chinese manufacturing partner. Ultimately, having a second source manufacturing will be a key component of our growth and risk mitigation. And we will certainly address this at this stage of the company’s evolution when high-volume production capacity becomes our focus. But again, for now, we have all that we need to execute our strategy.
Frequently asked question number five, why don’t you have more company announcements? This is a very common question, and the answer is quite simple. When we enter into material transactions as defined by the Securities and Exchange Commission, we inform the public through the required public forms. Also, we have postings on our Liquidmetal website blog with announcements on tradeshows where Liquidmetal is featured. In essence, I would like the investor community to know that I work very closely with our 24 sales reps – 20-plus sales reps who are veterans in the industry as well as our team of internal sales and engineering staff, and we are fully devoted and working diligently to garner sales and business development opportunities. With that said, I would caution everyone to be aware of fake news and misinformation about the company. Our quarterly 10-Q and annual 10-K filings, our major undertakings with CPA audits and reviews, and they have the clearest and most up-to-date information on our company for investors to review.
And for the last FAQ, when is the next shareholder meeting? We are in the planning stages for a 2023 shareholder meeting and we will have announcements through official filings and press releases once we have a firm date. I am looking forward to meeting everyone there and answer some more questions at that time.
In conclusion, as with any new technology, it takes time and patience to position the technology to succeed. I believe we are in the best position that we have ever been in as a company. And now while our challenges still remain, we are heavily focused on bringing about mass production of Liquidmetal parts and seeking out new opportunities towards building shareholder value. That’s it for today. I hope to share more news in the near future, and we will continue to implement strategies to increase our revenues and accelerate the adoption of our technology.
Thank you for your attention, and I will see you at the shareholder meeting. Operator? Thank you.
Samsung U shaped hinges will be replaced with tear drop hinges.
https://www.theverge.com/2023/1/15/23556319/samsung-galaxy-z-fold-5-design-crease
Will they give LQMT a second opportunity?
HAUWEI continues breakthroughs with liquidmetal hinges:
[https://xueqiu-com.translate.goog/6089013236/244665441?\_x\_tr\_sl=auto&\_x\_tr\_tl=en&\_x\_tr\_hl=en](https://xueqiu-com.translate.goog/6089013236/244665441?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en)
[https://baijiahao-baidu-com.translate.goog/s?id=1760496127969096403&wfr=spider&for=pc&\_x\_tr\_sl=auto&\_x\_tr\_tl=en&\_x\_tr\_hl=en](https://baijiahao-baidu-com.translate.goog/s?id=1760496127969096403&wfr=spider&for=pc&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en)
https://preview.redd.it/drhljypht6oa1.png?width=342&format=png&auto=webp&v=enabled&s=415f370c58fea74aa7b70f11eac57a82ac329e6b
OLED folding phone hinges expected to be worth more than $500 million by 2023.
https://www.techgoing.com/trendforce-oled-folding-phone-hinges-expected-to-be-worth-more-than-500-million-by-2023/
I have no doubt a piece of the pie is coming our way!
Some focus on a companies past failures, others focus on positives steps and future potential of a company!
May have been true Dec 2020.
By March 2021 the pandemic had its claws into the economy and the outlook changed for everyone including liquidmetal.
The spins on real facts keep rearing their ugly head.
Some focus on past failures of a company, others focus on current positive steps taken and future potential!
Potential is GREAT! I don’t think the vast majority of investors would disagree with that. At least the real investors.
Current steps are being taken that are positive, and I for one am encouraged!
The down speak is just a way traders try to get weaker hands to sell cheaper shares.
Some focus on past failures, others focus on positive current steps by a company and future potential!
Some only focus on past failures, real investors focus on current steps taken and future potential!
I am a real investor, not a trader for elephant peanuts.
No hype here. Love the page dedicated to liquidmetal CE products, that some claim LQMT has nothing to do with.
Misinformation and FAKE NEWS
Per TC
*"I would caution everyone to be aware of* ***fake news and misinformation*** *about the company."*
[https://liquidmetal.com/consumer-electronics/](https://liquidmetal.com/consumer-electronics/)
Let's track this link to see what TC means.
I stand by my post!
TC doesn’t need luck.
LQMT is a great technology with great prospects!!!
Luck has nothing to do with it.
Are you seriously trying to argue that no one understands that the pandemic had an impact on LQMT including LQMT executives, even though China was in a frickin lockdown for years.
The only ones I saw denying pandemic impact were the traders bashing LQMT.
LQMT PR’s acknowledging pandemic impact:
The world was struck by COVID-19 and the economy essentially came to a halt. I arrived as CEO in late 2021 and the company reemerged from COVID lockdown to be able to, again, execute on its our core strategy. 4th quarter report 2022
And with the pandemic in mind, we will prepare and take advantage of the forthcoming opportunities with the resurgence of the global economy.” 2nd quarter report 2022
There are Economic and business uncertainties related to Covid 19 -1st quarter report 2021
Some only focus on past failures, real investors focus on current steps taken and future potential!
Your welcome! More to come.
TC doesn’t need luck.
LQMT is a great technology with great prospects!!!
“The results of many of our collaborations will be realized one after the other in 2023,” the company said in a statement to Reuters. “
MIH platform will bear fruit for both FOXCONN and Lordstown!
From Gamesc1:
https://www.freepatentsonline.com/result.html?p=1&edit_alert=&srch=xprtsrch&query_txt=“Metallic+glass”+and+golf&uspat=on&usapp=on&eupat=on&jp=on&pct=on&depat=on&date_range=last20&stemming=off&sort=chron&search=Search
Some only focus on past failures, others focus on the present steps and potential of a company.
"Foxconn is charting a course toward becoming a key assembler for the world’s major manufacturers."
https://cleantechnica.com/2023/03/19/foxconn-wants-to-manufacture-half-of-all-electric-cars/?fbclid=IwAR2aTdmJya7MrWPuBFYWthC5pVJsNGddsgn0QmJP_SsWRgzpODVaBu6jQmc
Golf can be huge for us!
Joshua posted:
Pro-sumer Market for Golf
Per TC:
*Liquidmetal too, is in preliminary discussions with a* ***major golf company in the United States*** *to explore possibilities of* ***developing new amorphous alloys, specifically formulated for golf application****.*
To me, that's a very tall order. With that being said, since Lugee took over, BMG variants are spinning out much much quicker.....LM105/LM106c/Titanium BMG.....etc.
How big of any industry is a GIVEN APPLICATION that justify a unique formulae....
e.g Titanium BMG is an easy one. When Apple wish....one goes NO PROBLEM.
e.g. Here's how big Golf Prosumer market can be
[https://www.globenewswire.com/en/news-release/2022/11/07/2549304/0/en/Global-Golf-Club-and-Sets-Market-Is-Expected-to-Generate-4-9-Billion-by-2031-Allied-Market-Research.html](https://www.globenewswire.com/en/news-release/2022/11/07/2549304/0/en/Global-Golf-Club-and-Sets-Market-Is-Expected-to-Generate-4-9-Billion-by-2031-Allied-Market-Research.html)
KEEP IN MIND.....EARLY LQMT GOLF FAILURE IS DUE TO BOTH FAILED PRODUCT (CRACK HEAD) AND PGA BANNING.
There is nothing wrong with impressing your girlfriend in an amateur golf course with one swing.