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Ramp Worm, you are applying a common sense investing strategy to an equity that is already defying common sense by trading .23 cents above its actual worth, .04 cents under it’s fair value (based on recent in-house investments) and .50 cents to $20 under it’s anticipated, expected and hyped value should lightening strike.
Reality sometimes eludes the board. But make no mistakes each and every investor knows where they stand.
For better or worse and contrary to many of the facts. The shareholders are standing in a very good place.
Good luck to all.
So if I read the posts here this morning, one gets the impression that LQMT, spikes to $20 this year!!! 'Toto, I've a feeling we're not in Kansas anymore‘.
Clietz, yes we were, but the higher market cap has to be maintained in order for that level to trade. An equity must have at least $2 million in assets and a $300 million market cap or higher. One month of above .34 is not going to cut it. Of course contracts will do. But until we get there, these dice rollers can set up a base where by others will notice LQMT too! This in term will help anyone way down the road with a easier exit strategy should LQMT pop $2.00. Its not about the pps or the contracts at that point. It would be about the volume. Either way is good.
We are about.10 from the up side and then this will rocket up. This less than 2bit stock has to maintain a $300 million market cap before some heavier dice rollers come to this table. Don’t need a contract to do this, but do need credible update from management and not more dé·jà vu.
Exactly what are we famous for? Tic tic tic tic...
EON is a logo of Eontec. http://www.e-ande.com/index.php
Watch band in patent sketch is Apple sport used on series 3 aluminum 38mm series.
LQMT always has a shot with or without Apple. Of course it would be nice if LQMT could admit to making material for the Iwatch too, instead of by way of inadvertent innuendo.
What gets me, and I mean really amazes me, is this one simple fact or scenario played out over and over and over endlessly for years by the so called brains of this company. It defies logic and is the absolute definition of insanity.
For the past 10 years and no matter how many hundreds of clients and proposals for clients by LQMT, and no matter how many prototypes made or parts shipped.
WHATS THE SOLE REASON FOR NOT ONE SINGLE MEANINGFUL CONTRACT IN ALL AREAS DURING THE PAST TEN YEARS?
Congratulations! You guessed it. TOO EXPENSIVE!!! Costs too much. And who’s the source of this explanation over and over and over again for the past ten years? You got it. LQMT!!!
Now if that is not ignorance, stupidity or insanity, I do not know what is.
Having worked myself on some complicated mathematical jobs involving costs and thousands of consumers. One would think or common sense would dictate that after years and years of failures due to prohibitive costs of the LQMT parts and prospective client’s budgets. That LQMT would only need a calculator to determine the cost of a prototype and or ordered part, before buying and consuming raw material, equipment, electricity and labor to make the product in the first place. Not to mention diluting shareholder’s equity and the value of their hard earned money. For what? For what reason do you repeat the same process over and over and expect a different outcome?
Am I wrong? Am I being too harsh?
Perhaps now, with the new machines and new CEO, the outcome will be different. Let’s all hope it does. I believe it will.
Fact: LQMT sold 99.99% of their C&E rights to Apple. It is the reason for not stating this industry (Consumer Electronics) as one they are into on all of their financial quarterly and annual statements. A new owner does not negate this fact. There is one caveat. LQMT, can request from Apple a waiver as stated in their perpetual agreement. So although they are prohibited from doing business in this area, they still may be able to perform work in this area with Apple’s permission. All here would agree that any waiver granted to LQMT, by Apple, would be done for Apple ‘s advantage and not for the advantage of a competitor.
Eontec is not subject to the agreement. Hence keeping LQMT and Eontec as separate entities. Eontec’s success is this area is not LQMT ‘s success. Back in 2014 Eontec was already attempting to enter the Amorphous Metal Medical parts field. They lacked both the patents and technology back then.
So then it might be said that Tom S. and company sold out the rights to CE to Apple and all other rights to Eontec.
What gives investors hope are the global areas of sales agreed to by Eontec and LQMT, and the fact that Apple can grant LQMT a waiver from the perpetual agreement. It may not seem like much, but to a micro cap company like LQMT, it represents the light at the end of the tunnel. It is the difference between a penny stock. and a dollar stock.
Let’s all hope and have trust, that Mr. Li. Keeps his promise. We have no reason to believe that he will not succeed, where others have failed.
Good luck to all.
MakingMine, you nailed the board sentiment 1000%!
Its been many years since LQMT announced a contract, burnt up millions, lost precious time and yet the stock has bounced up 700% down 700% and back up 400% to where it rests today for now. Is it all smoke and mirrors? Or is there something other than a magician’s show going on inside the carnival tent at LQMT?
If in fact the costs to manufacture client parts are down and the economy is booming, then we should all be seeing and hearing all of these clients rushing in to break down the doors to the LQMT tent, right? Or has LQMT played it’s last rabbit hat trick?
Time will tell. One thing is for sure. All long term investors are getting tired of the talk, tired of the smoke and mirrors and tired of the act! They either want their money back, but would rather see the rabbit trick succeed. 2018 is the year of the dog in China. Will take that too!
If you think LQMT is done, over, it is not. After all the pps is still up 400% from the bottom and no rabbits yet. Now that’s a miracle!!!
Good luck to all.
Its not the pps. Its the economy! See the economy domestic and foreign? See the global economy? See the LQMT economy????
The economic demands and operations of a business coupled with expectations and so called market analysts assessments determine the pps. The pps does not determine the economy of an equity.
When an equity has over 300 million shares out there floating a purchase of 500,000 thousand share does not a big buyer make. Now if we see 7 million 10 million and up trades buying, then we all should take note.
Not all of the DD is bad. There are many LQMT, positives. I will try to post them soon.
Good luck to all
Eagle1947, I would say that many would sell a portion of their holdings if LQMT were at .40. The thinking would not be the same. But opinions are based on what one thinks and not on what one knows, when it comes to LQMT. Otherwise the volume of this stock would be high and not low at any pps, since any investor wants to make money.
Well said. Other factors are Li’s, cash burn in search of revenue and the $43 million left to burn. It is the race against time to earning income and or government grants. Mr. Li, seems to be burning $9+ million a year. It is not the pps that long terms should be concerned with as it should be with DD. A pps of .06 or .44 is not an indicator of a contract or have we not learned that lesson yet.
Stay focused on the facts. Terrible decisions(out of desperation) were made in the past. Investors were kept in the dark by ignorance and by silence from the past leadership. Let’s hope LQMT takes their head out of the sand now and for the future and makes wise business decisions.
Reality, DD and Facts all point to a meaningless pps right now. Sales and revenue will rocket up the pps no matter where it is at!!! Whether .06, .12, .18, .22 or .40.
How many here would sell today if LQMT were at .40 today? Or to put it another way. How many here would be buying if the pps of LQMT were at .40 today?
Reality can be very emotional and tough to deal with when confronted with DD and facts
I wish LQMT were at .30 or higher today, but it is not and that is reality.
Like Watts Watt, I have to cope with reality and expectations.
Good luck to all.
PayMEmf, its a fantastic dream. Shaking it off may lead to a nightmare.
LQMThopeful, well said. If there seems to be any disagreement with your message, it cannot be with the premise of your post, but rather the way others interpret the rhetoric or what may be perceived as progress by drawing conclusions based on what the company has been doing since Eontec/Mr. Li has entered the equation.
For example: a new headquarters, added equipment and increasing to a degree marketing. A super bowl commercial would have achieved the last goal, but no one asked us for help. The millions shifted from China to California we can presume was not to simply throw the money away. The shifting or shuffling some of the cash back to China/Eontec by way of equipment purchases is very smart. Always buy from yourself when you can.
So do not despair. Your post is spot on 100%. Emotions when investing can be another aspect to investing. In this case the feeling of being strung along by recent LQMT blather is also based on sound conclusions. Especially, when the same story is played over and over again.
Right now, one can only hope that LQMT got the message LOUD and CLEAR.
Good luck.
I am very happy to see that many comments here off of some of my recent posts have stimulated the board back to facts and DD. It will and it should allow LQMT executives to take notice and remind them that they cannot take the posters here/ investors for granted. The posters here are very intelligent. Many have a deep interest in LQMT’s success and above all it’s integrity. Investors here are tired of the (SOS) same old rhetoric. They have had enough of the elixir promises and the constant disappointing bottom line zero results. Old rhetoric constantly repeated from leadership has consequences. When I worked, and if all I showed was a lot of promise and zero results, I would have been canned, dismissed, fired at the end of the day. When a company is grossing $34,000 a quarter and those executives are pulling in/taking $100,000, $200,000, $300,000, $400,000 and up salaries. IT IS TIME FOR A PAY CUT!!! If Mr. Li by example is taking no salary for his efforts, then perhaps it is time for the rest of the team to follow his example. By LQMT’s own words: 1000 interested contacts, only 12 projects. And is there a single contract to speak of? NO, THERE ARE ZERO CONTRACTS TO SPEAK OF. No wonder why there is no meaningful PR to hold or attract new investors. Based on that track record... 1000 potentially interested clients and zero triggers, good grief! How does one get paid for those results!!! I’m not questioning the abilities of the leadership. I’m questioning why are they there. What the heck. Mr. Li, you could hire many of us here for half the pay, and from our homes, we could do no worse, save you a bundle, and we could have also produced the same results.
LQMT, Its time to stop reminding us of how good you are via blather, and show us how good you are via results.
The bottom line of your financial reports tells all of us and the rest of the investment world how good you are. Its great to increase debt to expand and search for clients. Its great to increase debt to appear in trade shows to search for clients. Its great when you invest in new equipment and upgrade power and project lower turn around times and lower costs. BUT!!! Its not great when you have nothing to show for it. Its only debt!!! That is not progress, when you are 0 for 1000!!! Many of the posters here are smart enough not to buy the bridge, but can sell you the bridge.
LQMT, the next time you blog or release PR, change the record and make it meaningful!!!
Good luck to all in LQMT.
The post #140128 that was posted was not posted to personally point out any lack in confidence in Mr. Hauck ‘s abilities. The same with my recent post on Mr. Bromage. Posts like these and the other messages of frustration are not IMHO based on the drop in pps. They IMHO are a direct result of a lack of communications from LQMT itself. How can New investors be interested in a company, how can they do their due diligence with just the financial reports hinting at progress for over 10 years, and showing very little results. So then, the only DD that can be done is by comparing statements and discarding the forward looking statements. And also by researching what many posters here are talking about. All of this fog could be lifted with timely we’ll thought out PR.
I do not think for one second that LQMT was a good investment I made years ago and I added more. I do believe interested clients will eventually contract with the recent added capacity of LQMT’s new equipment, lower cost and new CEO. I don’t doubt for one second, that Mr. Hauck would love to see 10 or 50 contracts right now if it were possible. But I have to say that if I new zip about LQMT, today and wanted to know more in order to invest, it should never come from a board of posts or a blog or the 10Q’s as the sole sources for DD. It should come from PR as well. And if there is no PR REFLECTING PROGRESS. Then one wonders if a company is still breathing. Its the difference between a person who invests or a person who gambles. All want the investor who builds with a company and not the gambler who spikes the pps and runs out the door. Investors of any age or wealth never should be taken for granted. They are the ones who bring in new investors too.
Good luck to all. Sorry for the rant.
MakingMine. You got it. Its a vintage vinyl LP. They just have to move the needle or go DVD.
Crispy 2014. ABSOLUTELY!
So in my last post I asked Mr. Li, to throw us a line. The context for the word line in this case meant “rescue line”. So what does Mr. Li, do? He sends out Mr. P. Hauck, a very knowledgeable LQMT executive board member. And what does Mr. Hauck do? Does he throw out a rescue line or does he throw out a line (a joke) from an old Jack Benny show and play the violin?
You be the judge. Far be it from me to tell anyone how to interpret the recent LQMT blog release.
Read on:
https://www.businesswire.com/news/home/20170112005295/en/
Sound familiar?
What’s changed? (Meaningful)
Mr. Li, I am long on LQMT. Not a pumper or dumper. An investor posting on and with facts, with reality and not on rumor or hype. An investor trying to ascertain where exactly LQMT is at. The people on this board are not soft in the head. They nor I are able to do this, when people on your executive board are playing reruns from previous shows. Where is the honor in this Mr. Li. ?
Spring training is coming up soon. If there is no one left on your team that are able to hit a few home runs or a grand slam, then it is not too late to make some trades and get some people on your team that knows how to score. Its too late this year, for the Super Bowl!
I don’t mind moving forward. Mr. Hauck, take the car out of reverse and put it into drive. The gas petal is on the right. The car (LQMT) does not move forward by itself. Step on it, please.
Good luck to all.
Mr. Li, it has been many years since LQMT, released any meaningful contractual agreements, whereby shareholders would know, anticipate or speculate about revenues. Now you appear to be a very successful businessman. You knew (like when we too invested) that you bought a canoe and not a battleship. The company appears to be floating out there somewhere in the pacific for quite some time now.
I hope that you are not expecting to be rescued by the coast guard but rather by a passenger ship from Royal Caribbean, for all of our sakes. After all it has been many years since all here have enjoyed a holiday/vacation, and many have $thousands of dollars invested on this ticket.
Your passengers are waiting....should they put on their life vests or prepare for dinner?
What say you Mr. Li ? Can you throw us a line?
FACT!“ since this comment...Our customers have shifted from an interest in a novel technology to a strong desire to produce high volumes of amorphous metal parts. We now have the capabilities customers demand to scale high-value production” by Bruce Bromage, COO. LQMT has lost over $100 million in market cap value thus once again putting LQMT under a $300 million market cap and preventing many interested investors from buying shares.
Also, someone ought to let Bruce know, that the context for the words interest and desire as used in his PR mean one and the same thing.
I liked it better when I thought the customers just had an interest in the metal parts and not a strong desire. It kept you and the company, let us say...more honest.
Mr. Li. Time for an update!
Games. Nice trolling of internet for amorphous news. But it’s really more PR blather from a company not doing much. Its not the competition thats got LQMT in a bit of a fog. Its LQMT.
Share volume is equal to 1 tenth of 1% interest from all sources. Not a reflection on progress if any towards a contract. Just an accurate snapshot of how poorly the executive board of LQMT is managing the company. Thus one may conclude this is a goal LQMT has achieved by not having a realistic budget for marketing or the ability to see why one might be necessary.
So to help the executive board to achieve a better understanding of why marketing and investor relations are important, I will ask the LQMT executive board members to stand and each one put one hand behind their back and the other hand in front. Now clap. In essence this what LQMT is asking the share holders to do.
Bobroo, at least these 3 companies are also vying to make Apple cases and chassis:
http://www.casetekholdings.com/html/index.php
http://www.aactechnologies.com/
http://www.hi-p.com/
All Asian based companies.
Earlier today was a very accurate depiction of my previous post about two realities. Rumors do not a sound foundation make. But they do make for some exciting trading days. Unfortunately they don’t create a base where a stock’s pps can be sustained. The longer it takes to announce a new positive revenue connection the pps will slowly drop. This does not in any way diminish LQMT ‘s odds of an announcement. The lower pps represents the confidence and perhaps over sold value. But in no way will it have any influence on a contract. Wether that happens at .21, .25, .30 or .16. It will happen, and if there are a succession of contract announcements, then the spike from the first one will be the beginning of a steep climb up. Then you will see the volume rocket up to 20, 30, and 40 million shares a day. Until then, the tug of war will be repeated.
There is no sound reason to keep machinery idle. There is no sound reason to pay salaries and expenses. There is no sound reason to buy 400 million shares if there were no sound expectations of making money.
Anyone who doubts that the new CEO will succeed, has no sound reason to buy LQMT shares. You buy into and invest into business to make money. I have no doubt that this will occur. I have no doubt that the longer it takes that the pps will drop. I have no doubt that as rumors appear that the pps will spike. The history of this stock is proof of this 100%.
I don’t like it and I hate to repeat it. But we all have to be a bit more patient. LQMT’s day will happen.
Mr. Li, good luck to you. All the best for a safe, healthy and prosperous new year 2018.
Two Realities. So two directions a stock takes when confronted with a rumor and speculation and true statements mixed in.
The pps moves up and down. The glass is half full or half empty. The longer it takes to state revenue the pps slowly declines to a point of low volume where eventually a new base price begins. No one knows if we reached that yet. It does not look like we have. That is what the glass half empty looks like to people of a negative sentiment. On the other hand we also know that as time goes on the closer we/LQMT gets to making a revenue statement and that moves the pps up slowly. This is the sentiment of people who see the glass half full. Thus the pps of LQMT and the mood of investors long and short term are in a tug of war.
Two Realities. Both are correct. Long terms have the patience and short terms don’t want to miss out on the next big thing for LQMT. The essence of Mr. Li’s comments add up to one conclusion. He is in it to win it. So am l.
Good luck to all.
Final thought of the day. Has anyone here recently sifted through the past 4 or 5 quarterly financial reports, where it states LQMT is doing any kind of new deals or attempted sales in the cell phone industry? Or does not LQMT, state that there order of business lies elsewhere? The closest thing to a tech product is a prototype for a hinge to be used on laptops, etc. LQMT and Tom S. Already have danced with the devil and took a $20 million dollar bite out of The Apple, back in the Garden of 2010. Now if LQMT wants to get into the tech industry they would require a waver from Apple. If this doesn’t sound right, then I am reading there lines of business all wrong. Unless everyone else here believes $20 million was just a down payment. Other than Eontec in China, I just do not see the cell phone parts as one of their future interests. Apple & LQMT? Its the best kept secret since the Manhattan Project.
CIMA7, you are not kidding. Many times it takes tragedy or reality to bring out the laughter. May the reality of our future laughter be on the success of LQMT and not on the failure of others not seeing the light at the end of this tunnel.
In a coma. Volume ZZZzzz very anemic. In this case very little and I do mean very little determines the pps of any stock, from .001 to $100+. This is very good as LQMT and the mm’s clean house. With a few hundred million shares out there waiting to be bought and sold. This nickel/dime action tends to set up a future buying frenzy. This can happen at any time. Based on next report another round of selling may take place. A good report will build a new base. Until heavy volume returns, LQMT is asleep, in a coma.
Long terms are still dreaming of $$$$ when we wake up.
I just saw a $. Mr. Li, is that you?
A lot more than in recent years. At one point the company was grossing $millions. A lot of noise. And now, you can hear an ant pass gas. Where did the genius go? The calm before a storm. Of what magnitude I do not know. I hope it’s a big one. With this drought, even a leaking roof might be a blessing. I bought into this dream knowing it would be awhile before sales would come in. Never thought it would take longer than 6 years. Now with the new investor, who knows. But whatever time it takes, it should not be longer than this year or early next year. After that its lights out.
Depending on which way the wind blows the corporate tax rate in China is 25%. Too bad the leadership of LQMT, did not plan for the lower U.S. corporate tax cut of (15% to 22%) 21% planned by President Trump. Too bad because, without revenues, who needs a tax cut. Very smart Mr. Li. You saved even more. Your corporate tax rate is about zero. Other than wages and property taxes, you pay zip. I guess you thought everyone a new lesson about LQMT. Happy New Year!
The problems are not the prototypes. The problems LQMT faces are the same problems industries face, when introducing consumers to a new product. For example who still uses land line phones? Older or younger consumers? Who will still buy gasoline engine vs electric cars? Older or younger? Even though nitrogen is better for your tires and mileage, how many auto owners still use air? I think we all get the picture. It is just as hard to educate industries as it is for industries to educate consumers. Sometimes industries never learn like Polaroid, Kodak etc. Hence trade shows.
Tmleads, if in fact he is a billionaire, Mr. Li is not a babe in the woods either. I don’t think he has like some here 7 x 7 to succeed on this adventure nor does he want to fail. But for the past year and a half he has only laid down the foundation for his goal to revenues. From looking at smaller and larger companies in this new materials market and there are plenty. I do not see any yet that has the winning lottery ticket. I don’t think the problem is with the product, the new materials with BMG/Liquidmetal. It is with the vision or lack of vision with the external industries seeing the need. LQMT is not the problem. That is the bigger picture. Once industries see an advantage to replacing existing material parts with new materials such as LQMT has to offer, then its goodbye penny stock & hello $ dollar.
Merry Christmas to all.
Another 100,000,000 (+ warrants)shares were acquired at a value of .25 per share. Mr. Li’s average pps is .175.
Whatever difficulties we perceive for Mr. Li. to obtaining revenues. I am quite sure one of them is not to see the pps drop too much further.
What all of us may be missing is that the world is now becoming saturated with amorphous metal companies both public and private, and none of them has hit a bullseye yet, even though technology advances have been made. And of the top 4 companies in this new (60 year old) field. LQMT still has the best shot at capturing future revenues. At this point in time all of the amorphous metal companies have not nailed it. We look at websites and competitive companies for clues. They do not have an edge on LQMT today.
There seems to be a huge disconnect between what we see in the value of amorphous metal and what potential clients do not see. Hence no huge contracts. I find that this imbalance will eventually end. I just hope we will live long enough to reap the reward.