If you're truly interested in this stock I would suggest going to the company website and learning about the product and how truly unique it is. The technology has been being developed and perfected since the 80s and is just now being commercialized. I personally believe in the product. Another thing I hope will move things along is the new management and Hauck (VP of Sales) he has a strong track record.
I don't know where you're seeing .0001, but I believe the stock is sitting just above support right now of .18. There has never been a reverse split. I'm personally in this for the long term. The company is local to me and I will be attending their shareholder meeting on October 16th at which time they will be demonstrating the ENGEL machine for the very first time and hopefully announcing contact(s).
Some of the things you might want to look at are as follow:
1) They have partnered with some major players. ENGEL, Materion, NASA and Apple
2) Apple bought exclusive rights to "consumer electronics" to all of Liquidmetal patents in August of 2010 for 20 million and renewed their agreement for another year. Apple is also committed to paying for all new joint patents, attorney fees and research, which is being held in Crucible Intellectual LLC, a wholly owned subsidiary of Liquidmetal. NOTE: Liquidmetal will not get any royalties from Apple. What I do see as another major benefit to Liquidmetal besides all the funding and time Apple is putting into the Liquidmetal technology is the publicity when they (Apple) finally releases a product made of Liquidmetal.
The last drop in PPS was because there were a lot of people speculating that the iPhone 6 chassis would be made of Liquidmetal including me and it was not. I do believe Apple will be using Liquidmetal, but I don't want to guess or speculate on when.
I think this thing week move on any positive news on October 14th and/or 16th. Either way I'm in for the long term. I hope that helps a little bit. I could go on forever as I've spent many nights researching Liquidmetal.
In closing, if you go on the LQMT board on Investors Hub I probably wouldn't listen much to Watts - he was an original IPO investor and lost a lot of money, but since then a lot has taken place and management has changed.
I hope this helps.
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