Monday, February 16, 2015 3:51:20 PM
LQMT is supposedly ultra hard, super durable, corrosion resistant, etc. etc.etc.
But what carmaker builds cars that last forever? None. Cars are designed to last about as long as you are able to finance one; 5 years or 100,000 miles. That's it.
You as a car buyer might say "Wouldn't it be nice if I could buy a whole car made of LQMT? It would never rust, get scratched, and I could leave it for my children in my will". I'm a person who would say "Why can't they just use LQMT parts in starters or alternators; or for God's sake just the wheel bearings"
The reality is that ANY car maker has absolutely no interest in making a car that is eternal but rather have incentive to make ones that last only until the financing runs out. Then you walk into the dealership and buy another one. Even Mr. Tesla will have built in obsolescence.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
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