Thank you, Mech Tech.
Now, just explain a few things to me:
1) How do we make revenue from Visser's 4 prototypes, potential contracts, when Steipp gave away any royalties from VPC as per contract. I. E. No MONEY for LQMT, so no increase in pps.
2) Targets: No Hits or Misses have been reported.
Medical was supposed to be the first contract, according to Steipp. This, obviously, has not happened. No progress report on ANYTHING in the medical field. If prototypes were made, then the medical company must have been serious. Serious equals contract. Contracts mean money. SHOW ME THE MONEY.
Ditto automotive: SHOW ME THE MONEY
Ditto aerospace: I mean if Materion can't get an aerospace contract, nobody can. If Materion can, they haven't. Materion is LQMT's sales agent, I am sure you recall. As Keith Stone implied, there is some hindrance here. Do you not believe that MTRN's medical and aerospace customers don't have the wherewithal to buy a mold? Materion has dealt with mold makers for YEARS.
Do you believe that Materion has no automotive customers?
Doy you not believe MTRN is capable of selling auto, aero and medical? Check out their customer base. CHOCK FULL of these customers. For Years.
3. Specialty markets:
Why haven't Rawlings, LaBeers, Head, Bridgestone, Cleveland, come back. What happened to the Golf Joint venture that LQMT made with IGOLF?
Firearms. Ask why Ruger has never come back to LQMT? Hell, the former president of LQMT, John Thorn, is still a consultant and former executive of Ruger. Or, just how many parts have we sold to Colt or Remington or Glock?
Shareholders are sick and tired of hearing new rehashes of old potentials from ten years ago. We want KINETIC results in the form of REVENUES and PROFITS.
At the very least, LQMT shareholders deserve MINIMIZING LOSSES if not MAXIMISING PROFITS. CUT THE OLD KANG DEAD WOOD.
Have a nice weekend. Prayer works for those who do not abide in the violations of the ten commands. How many have been broken by management?
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