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Looks promising.
I sure hope those other two or three door knocking endeavors the LQMT sales reps find pans out a heck of a lot smoother than this one. And I sure hope this current one can correct itself soon like in the next quarter.
Otherwise it’s another Zyris type deal. You know reoccurring orders and then poof! The rabbit disappears and the top hat collapses and LQMT alerts no one.
As someone recently posted. You need a leader to succeed. From what I read unverified, it looks like LL is succeeding in leadership. If he doesn’t have the answers he finds someone who does. At least in China. Hopefully one day soon he will remember his roots and realize there are a few hundred million people here who also cook with pots and pans.
Back to the 10K.
So why are you suggesting someone sell? Why not suggest everyone buy? Selling is negative. Buying is positive.
Buy on bad news. Sell on good news. :)
Ring company hits another new low 0.389. I can see clearly where you draw your conclusions.
From historical facts.
The knowledge of these facts imo, keep the new potential investors away from this once promising endeavor to now a high risk dice roll. They want proof of success and not more proof of potential success and are willing to pay a lot more for it, when and if it ever does succeed.
Sounds like what is happening. One can control private testing. But when you experiment with 4000 customer orders and they are not shipped, that is a huge problem. Then you have the comments from consumers who have the product and you don’t know if the negatives are due to lack of knowledge, high expectations, bias from competitors or actual defects. But we do know right now since their last PR, there has been PR silence in all areas to address the concerns of both the consumer and their shareholders publicly. Leaves a huge void and leads to more questions. There seems to be a lack of understanding how the product works and a lack of explanation of what does not work from the company. Even from an unbiased report that supports the ring. The individual needed to contact the company for clarification on how to use the ring effectively.
I don’t know where your data is from. If true then the ring company has a lot of headwind up ahead.
I came across this article. Not sure if it is biased or honest. If true the ring company seems to be backing it up with their silence.
https://www.reddit.com/r/eviering/comments/1asy8wy/some_comments_on_the_important_evie_ring_shipping/
This too will only drag LQMT down as well, especially for all expecting more revenues from it as a reason. Could be why volumes and sp of LQMT headed south instead of north.
TC imparted what he believes lies ahead for LQMT 2024. The picture painted by him was a rosy one as well as very risky. The sp right now is stuck in too much risk.
Unless the ring company can get its act together. LQMT might be better off knocking on more doors to open up.
Well said! None of the cash received by LQMT’s non earned revenues has ever helped to grow the earned revenues from parts sold. Thus never increasing shareholder value, but forever decreasing shareholder value. It is the only reason why the share price peaked on expectations to about 0.44 cents seven years ago and continues to decline to present day, taking a pause only, when LQMT releases a pr.
Good luck to you.
There has to be a simple explanation for why no terms are publicly in print or were discussed on the CC. Might have something to do with the share purchase. I detest speculation. Years ago it made sense. Not so much today.
Based on those assumptions and LQMT’s numbers 40,000 rings may have been ordered.
A more accurate picture will have to wait for a PR from LQMT or Movano accounting for sales.
I say this only because $3 to $5 dollars per ring on approximately 4000 rings sold does not get LQMT to $127,000 earned as stated in the 10K.
Here it is no spin. 10K page 24 very clear and without any ambiguity. It is amazing when only a few read the 10K. No guessing required. Chipboarder, you are correct.
So if Movano sold X amount of rings. One then would get a fair estimate of what LQMT earns per ring based on the income they reported for those rings in the 10K. Would that be a fair way to nail it down? I think so.
From the 10K page 24…
“Revenue. Total revenue increased by $127 to $510 for the year ended December 31, 2023 from $383 for the year ended December 31, 2022. The increase was attributable to increase in product shipments primarily related to the launch of health monitoring rings utilizing our technology.”
It pays to do your DD. $127,000 dollars and the only guess work involved is the number of rings ordered. We can fairly ascertain that between 4000 and 4200 were sold. How many were ordered or what the terms are between LQMT and Movano Health requires more DD.
Chipboarder, your viewpoints on the earnings regarding the ring are spot on 100%.
My guess based on what Movano stated if the revenue is based on what is sold, is around $30 per ring. If it is on how many were ordered for manufacturing,then the earnings per ring are going to be less.
Either way, if the unknown terms of the agreement remains as is, this should be enough to stop the share price from heading down and to reverse the trend of the past seven years.
Meaning there is real potential for TC and LQMT to finally achieve LL’s goal for increasing shareholder value. Imo, once the share price increases to around 30 cents a share the floodgates of new investors will open up again.
This new potential should begin to increase trading volumes again and bring in new interest as the potential for LQMT’s share price is no longer speculative. Couple this with the expectations from TC for the year ending 2024 and hype will have added value as well.
Now regarding the 10k and the ring. The rest remains factually unanswered. As only 3 customers are mentioned always without any accounting breakdown. Plus no new agreement regarding any compensation from a fourth major customer.
If revenues from a new customer impacts growth to the tune of 15% 20% or more and it is not reported in a 8K or as a normal event, then it has to be reported as an extraordinary event. Otherwise they got big problems head on with the SEC. Again, as some people assume they might be ignorant. I don’t believe LQMT would want to attract the attention of the SEC again. To assume that revenues are being received by a source unreported is beyond stupidity. Even if there were an NDA. It would have to be reported as such.
Imo. They may an agreement based on future sales and kinks to be worked on if any. But zero money at this time. Otherwise accounts receivable would be through the roof.
Yes that does answer the time a non invasive product part can be approved for production.
!
So no one checked! Maybe it would have been easier if it was stated the high was 0.09 and the low was 0.09 for the year 2023.
Nowhere in the 10K is Movano Health or the ring mentioned. Although the company stated in the CC they worked on the project since 2022 and helped brought the ring to the market for sales to consumers.
More questions arise. No answers from TC.
Anyone...
Is this statement true? "During 2023, the highest bid price for our common stock was $0.09 per share, while the lowest bid price during that period was $0.04 per share."
Source: LQMT 10K. Page 16.
Anyone.
Here’s what seems to me to be a decent opinion on the Evie ring.
No hype no spin. March 8, 2024.
https://www.mindbodygreen.com/articles/evie-ring-review
There are other opinions now out there. Some more con than pro. Can’t tell if there are motives other than straight forward thinking.
Another week passes and LQMT’s share price is up 17.61% from 0.051 cents to 0.05998 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
LQMT held a year end conference call Tuesday March 12, 2024. Two links were posted to listen to the CC.
No new contracts in 26 months. No 8K’s. Silence.
Progress? Up to anyone’s interpretation of the CC. If one just relies heavily on forward worded expectations. (Not always a good idea.)
So rather than going through the usual spot on boring rhetoric. (Thank goodness.) This week I will just reprint one of my recent posts which imo, seems to be in sync with this past week’s trading and the CC and a couple of paragraphs inline with my expectations from the week before.
I will save the 10k for another time.
(Thank heavens he spared us more boring BS.) :)
Posted last week:
Perhaps CEO, Tony Chung can correct this with frankness and transparency in areas he is permitted to talk. If there is anyone that has a clue to LQMT’s immediate future, it would be Tony Chung. Based on what he says or does not say, can change the direction of LQMT north or south of where it is. After all this is the season for the wearing of the green.☘️ :)
Regarding the upcoming conference call, be it a one way or two way call, TC, can state if any NDA’s fell through or if he believes any NDA’s may come to fruition within one or two years, without disclosing a company or the field they are pursuing. He should have no problem discussing issues with the ring.
From a recent post this week:
Researchfyi
Monday, 03/11/2024
“Getting back to LQMT. LQMT stayed in the 0.05’s today. A step up in the right direction. Now let see if TC can bring it home and step it up tomorrow with some meat from his position as CEO and increase the real potential to induce new investors to pop LQMT up from the abyss of below 0.10 cents.
It’s not about the bells and whistles of a glossy website with CE foldable hinges courtesy of China. It’s about the real potential. Not the hyped up one’s of theories. It’s not about the past failures of last year or the 21+ sales reps with their pockets empty turned inside out.
All know the drill. Small contracts equals modest potential. High volume contracts was the focus these past few years. High volume contracts brings home the bacon.
Shareholders have paid LQMT hundreds of thousands of dollars. The time to see potential for a real return on those investments are long overdue. Imo, from watching the liquidity and volumes and numbers of trades, the stock is dead. The time is now to instill new interest not new hope and new expectations, which never has panned out. Let see if TC can do it. He doesn’t need a question. He needs to step up and share the answers.
And he sure as heck doesn’t need my worthless opinions either. But what the heck, they’re always worth less than the price of a LQMT share. :)
Good luck to all in LQMT.
Wish TC LUCK.
Please try not to play kick the can again it didn’t end well for 2023.”
Perhaps in 2025 or 2026 LQMT might succeed and if they ever do make it in 2024, all in it will be very thankful and glad that they did.
Will this be the year revenues increase consistently? The 2nd, 3D, and 4th Q’s will tell. I’ll be pleasantly surprised if the 1st 10Q tics up.
Did TC’s forward worded commentary create new real interest in the stock to attract new investors or did the CC, recreate new real expectations and temporary hype? Everyone has to decide for themselves.
Good luck to all in LQMT.
Wish TC luck.
As for me, until it happens, (the annual expectations call,) it’s nothing more than a rosy outlook of the game Kick The Can.
Let the 10K be your guide and any new 8K of increasing revenues be the proof of TC’s integrity and the fruition of his comments be LQMT’s success this year and for years to come.
Anyone note today’s LQMT trading volume?
How about the number of trades?
🤔
Ring company tanks at EOD hitting record low.
I do not own stock in the ring company.
You know it’s incredible in lieu of the small uptick and extremely low volumes and the many positive posts. I have to hand it to you. Your assessment is spot on.
No new contracts no 8K unless the $$$ involved has an impact on share price. Basically there still was no rabbit pulled out of the hat. Plus the constant put down of modest contracts vs high volume parts contracts in the past and now the innuendo that modest start ups are ok and high volume contracts from whales have too much oversight and or regulatory delays and are not so much on the front burner again.
The late great magician Houdini could never come close to the slight of hands LQMT just pulled off imo.
You either have a contract or you don’t. You either announce a purchase or you don’t!
Prototypes are a dime a dozen it seems. In LQMT’s case, less than a dime.
You want to talk about prototypes you rehire PH. Now there’s an executive who knew how to talk up prototypes. He had me sold.
You cannot have real potential increased by increasing the potential of forward worded commentary. 0 + 000 still equals 0.
Was the cc upbeat? Yes. Does it paint a rosy picture? Yes. Doesn’t it always? Yes. Do the 10k’s match? No. And it is the last thing that always counts. And if anyone doesn’t believe it. Then they have not been listening to TC’s CC at all.
Good luck to you.
Which positive specifics?
Listen to last year’s CC
Then this year’s CC
Set aside any results from last year.
Compare the two. There are two main points that have switched places in the forward worded CC’s going forward this year.
Amazing!
Anyone having trouble finding the design guide? On the new site?
Need a link?
Ok now question time. Did TC discuss or mention any contract or any terms or any $$$$ between movano and LQMT?
🤔
More to come….
Good luck to all in LQMT.
Wish TC luck.
Knows a lot about counter terroristic threats. Beyond that I can’t answer question.
Did everyone listen to the conference call from TC?
I’ll wait a few minutes and make believe everyone did and then ask a question and then watch for the answers.
In case you didn’t get the memo…
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1141240/000143774924007453/lqmt20231231_10k.htm
https://liquidmetal.gcs-web.com/static-files/b057b051-fbed-40eb-930f-b2558e05aef5
No theories no speculation. Read!
It’s not complicated.
Good luck to all in LQMT.
Wish TC luck.
For all easy link…
It is not an annual meeting.
https://liquidmetal.gcs-web.com/news-releases/news-release-details/liquidmetal-technologies-sets-2023-year-end-earnings-conference
It is a conference call reviewing 2023 and future outlook.
Getting back to LQMT. Stayed in the 0.05’s today. A step up in the right direction. Now let see if TC can bring it home and step it up tomorrow with some meat from his position as CEO and increase the real potential to induce new investors to pop LQMT up from the abyss of below 0.10 cents.
It’s not about the bells and whistles of a glossy website with CE foldable hinges courtesy of China. It’s about the real potential. Not the hyped up one’s of theories. It’s not about the past failures of last year or the 21+ sales reps with their pockets empty turned inside out.
All know the drill. Small contracts equals modest potential. High volume contracts was the focus these past few years. High volume contracts brings home the bacon.
Shareholders have paid LQMT hundreds of thousands of dollars. The time to see potential for a real return on those investments are long overdue. Imo, from watching the liquidity and volumes and numbers of trades, the stock is dead. The time is now to instill new interest not new hope and new expectations, which never has panned out. Let see if TC can do it. He doesn’t need a question. He needs to step up and share the answers.
And he sure as heck doesn’t need my worthless opinions either. But what the heck, they’re always worth less than the price of a LQMT share. :)
Good luck to all in LQMT.
Wish TC LUCK.
Please try not to play kick the can again it didn’t end well for 2023.
Here is the other link…
May not be secure.
http://www.xincailiao.com/
Provided the pictures on the website.
With LQMT, how is “soon” defined?
Another week passes and LQMT’s share price is down 4.49% from 0.0534 cents to 0.051 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
Basically, another boring week imo, for LQMT.
In a surprise PR, LQMT gave shareholders three days ago a six day notice of for a conference call. Why only 6 days? Wasn’t this planned? Did LQMT wake up late again and say oh sheet I forgot to set the alarm clock?
LQMT released a PR on March 06, 2024 announcing a 2023 year end conference call to be held next Tuesday March 12, 2024. Links of this event were posted on this board March 7th.
No progress statements, no new contracts in 26 months. Silence.
With all of their hard work, share prices are in the low Pennies and revenues below a million dollars a quarter and sometimes less than one hundred thousand dollars per quarter. Let alone less than a million for the whole year and again then there is the silence.
A reflection on management’s results and behavior in not attaining success or increasing shareholder value. Just living off of the (fat) cash burn from the IP sellouts and partnerships. Let the outsiders be dammed if they don’t like it! Imo.
Seems like the only one in competition with LQMT for getting nothing done is congress. At least congress tries to communicate once in a while even if people don’t like what they’re saying. :)
Sounds terrible. But if there is anyone out there that can directly link LQMT to some positive progress (not theories) resulting in increasing shareholder value, by all means post it. I have looked. But, perhaps I overlooked something.
So far no replies. Zip, zero, zilch, nada, ZZZzzz. Perhaps CEO, Tony Chung can correct this with frankness and transparency in areas he is permitted to talk. If there is anyone that has a clue to LQMT’s immediate future, it would be Tony Chung. Based on what he says or does not say can change the direction of LQMT north or south of where it is.
If my attitude is not to anyone’s satisfaction. Perhaps it is because I am waiting patiently and no longer quietly for LQMT’s success, for over two decades and have received anything but success.
Perhaps the actual revenues and direction LQMT has drifted into over the years have not lived up to my positive expectations. Perhaps reality sucks!.
Share price is holding in the low pennies between the 0.05’s and 0.06’s as predicted. It has dipped briefly into the 0.04’s again, Also as predicted. Future potential although weak, seems to be the catalyst along with an insider purchase for holding the pps up above 0.040 cents. It’s not FOMO. Otherwise the share price imo, already would have dropped below 0.03 cents already.
As stated a gazillion times: with anemic trading volumes the share price means BUBKIS! So too, does another picture of a product using Liquidmetal, without the big long overdue 8K.
Perhaps in 2025 or 2026 LQMT might succeed and if they ever do make it in 2024, all in it will be very thankful and glad that they did.
FOMO lives and is probably the main reason why anyone holds on regardless of any other opinion at this time. Not wanting to take a loss at this point may be another.
I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT. I believe I nailed it correctly. This board has had it correct past and present from potential to expectations to hope to FOMO, to opinions both pro and con. There is no ccp here, where there might be in using another venue to share information. As in be positive or leave.
For example: Whatever happened to the BS theory that if an insider purchases stock the share price is going up and not down? Well guess what? Since those purchases and LQMT hitting the 0.08’s, the share price has dropped 35%. I’ve heard it said; a good speaker is one who understands his audience. A good investor is one who understands his investments.
Then there are the hypers and the pumpers who say look the 10K is higher than the year before. The same for a 10Q. Well guess what? The share price did not break 0.10 ten cents to 0.03 three cents because revenues increased for one year or two quarters. And it did not hold above a dime too, because of hyped up potential. No the share price dropped to 0.0301 cents based on LQMT’s actual decisions and performance and imo, inept management.
It may have gone much lower than 0.0301 cents if it were not for the possibility of manipulation.
On the flip side there are those claiming LQMT is a scam. Scam or not it still trades and even in dice rolling scams, there can be money to be earned.
Unfortunately it is easier to nail down LQMT by keeping focused on LQMT and not on the speculation up or down.
It takes very little to see through the BS that gets tossed around by those wishful thinkers and in some cases well meaning too. Just compare the reality of what LQMT states, the share price, the trading volumes plus liquidity and ask yourself; Do those facts from LQMT, come anywhere close to the hyped up BS? They do come closer to the other points of view heading south.
No matter what, IMO, it’s a good thing to hear some say it’s going to the moon while others say it’s a scam. One always can learn from all points of views.
When it comes to LQMT, I can’t speak for anyone else, but it took me about 17 years to learn how to invest in LQMT. It is obvious I’m not too bright.
I have a long position, (longer than most outsiders) and a short term position for the wash rinse and repeat cycles for the next possible contract announcement or any positive progress announcement. I hope others do as well to earn some green.
After all this is the season for the wearing of the green.☘️ :)
Beyond March, there is potential for a contract announcement to correct the southerly direction LQMT has been heading for the past seven years. Otherwise there is an unfortunate possibility, where the share price can hit the 0.02’s later this year.
There doesn’t seem to be any enthusiasm for the upcoming 10K expected soon this month. Perhaps next week by March 15th. So much for positive thinking.
No theories here. No speculation either.
My bet is on one present and one former executive who hold at least 1 million shares and I’m not talking about LL, regardless of how low the SP goes. The thinking here is I don’t think an insider adds shares unless one sees a more positive future.
Since no new contracts have been announced for a long time, does it really matter what they report $$$$ in their 10k? After all aren’t all in LQMT waiting for years now, some for decades for that mega contract?
Will this be the year revenues increase consistently? The 2nd, 3D, and 4th Q’s will tell. I’ll be pleasantly surprised if the 1st 10Q tics up.
Regarding the upcoming conference call, be it a one way or two way call, TC, can state if Any NDA’s fell through or if he believes any NDA’s may come to fruition within one or two years, without disclosing a company or the field they are pursuing. He should have no problem discussing issues with the ring.
Good luck to all in LQMT.
Wish TC luck.
Anyone who loves or understands the game Kick the Can from the early 20th century, this could be the investment for you. Over twenty years and still kicking, :)
If you don’t understand the game, watch season 3 episode 21 of the Twilight Zone.
I try to stay focused on LQMT and not so much on the worth of my worthless opinions. Salvage therapy never entered the LQMT experience. Perhaps at 0.25cents (I like to set the bar low for a nice profit) it might. However my initial 0.06 investment of LQMT reaching $15 a share or higher has been narrowed down quite a bit in lieu of the LQMT experience to a point where salvage therapy will absolutely be a factor. Perhaps in one or two more years. By then the LQMT wall of failures will be complete or the remote possibility for success might miraculously appear.
Other than that LQMT is doing great.
Your opinion of my worthless opinions give me too much credit. Thank you for not being too harsh.
Good luck to you.
From what is known regarding salary. You could have ended it on the sixth word.
Based on known percentages of operating costs, cash burn and new sources of revenues. I’m sure there are a lot more reasons to justify a zero salary. I first tried to find reasons for a salary.
But then the decision against one, the final straw was the taking of money from the company by way of salary to buy more shares at rock bottom prices to profit off of, to me, seems like a conflict of interest. Especially, when outsiders never are afforded to do the same thing while those in charge are responsible for driving down the share price in the first place by way of performance, causing more portfolio losses on paper to Al outside shareholders, in my most humble opinion.
Talk about double dipping, (referring to their free of cost stock options) For what they are worth. Those shares purchased should have been equally distributed to outside shareholders to help lower their burden first before fattening up an executives portfolio.
If you can draw a salary off of this non profitable company and have an excess of ($50,000) fifty thousand dollars to buy more shares from that salary. Then you can distribute a dividend in shares to those you are supposed to be working for! The outside shareholder!
My apologies to those in LQMT who earn their salaries.
Just my 0.05 cents to add to the discussion.
Good luck to you.
From the predictable department:…
MM’s: knock knock.
Outsiders: who’s there?
MM’s: For
Outsiders: For who?
MM’s .04 you.
What do you mean? Generally you can have a ceo a chairman and then a president. In the case of LQMT there is a lot of overlap since the executives are basically in charge of themselves.
Almost like a Mom and Pop store. For example a family owned and operated pizzeria.
Just in case anyone wants to know but didn’t ask anyway.
In case no one noticed. That dental company Zyris, which got quite a few interested and was touted for a while by LQMT (former) executives.
Bit the dust too with LQMT.
Not a trace.
What happened? Another fine example of frankness and upfront communications from LQMT. You can’t blame and NDA.
Good luck to all in LQMT.
Wish TC luck.
Which begs the question. Which is more painful visiting a dentist and needing root canal surgery or being invested long term in LQMT? 🤔 :)
It is information like this that supports iateclube’s point of views very accurately and many others as well.
For years now around the www there seems to be a feeling of something positive that somehow images of products once posted on LQMT’s website and used in promoting the same amorphous metal products in China and elsewhere would somehow link to LQMT USA a revenue stream.
Of course all know by now after 7 years of this and these posted products that no such thing has ever occurred. All of these well wishes and positive theories are quickly dispelled by LQMT in LF CA itself, by just reading the 10Q’s 10K’s and 8K’s.
Any $$$ from any of these pictures posted abroad or sales from any contracts abroad outside of LQMT’s footprint as defined in the agreements with Eontec or their partners and the so called overhyped and theorized maze has not ever resulted in adding to LQMT’s financial bottom line.
In fact it is easier to count the pictures on LQMT’s website that have resulted in any new revenues. Two of them that come to mind are the Bridge Pins and the other are the watches from the Swatch Group.
Potentially you read of others abroad manufacturing and selling foldable mobile cell phones using the Liquidmetal technology developed here in the USA and using a process that may have been developed abroad. But you see no new revenues from any of these product sales reaching the shores of LQMT in California.
The simple reasons for this probably can be found in the LQMT/Apple agreements and the LQMT/Eontec agreements.
Yes it is true that there are sales and unverified claims of sales by USA accounting FASB rules. But none of it has ever added to LQMT’s bottom line. Though it has added to a lot of hype hope and wishful thinking so far. It is as of today the only positive worth it has had. In effect it adds to FOMO and becomes a replacement for the actual silence and in my opinion, disrespect from LQMT.
The lack of communications. The feeling of no transparency or regards for shareholders outside of LQMT.
I’m sure they have their reasons. That too is why some hold onto their shares.
Good luck to you.