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Re: None

Monday, 11/30/2015 5:53:08 PM

Monday, November 30, 2015 5:53:08 PM

Post# of 233555
Is it despicable or just plain disappointing that GTAT--a former small company very much like LQMT--can sign a huge deal with Apple and then:

-spend close to $1 Billion to create a factory

-hire 100's, open the factory, and begin the manufacture of sapphire glass

-not create the quantities and quality of glass Apple was expecting

-have Apple realize this and have the confrontation

-GTAT declares bankruptcy overnight

-the course of bankruptcy (which often takes years) causes settlement to be made with Apple

-and now GTAT has made settlement nearly everywhere else http://appleinsider.com/articles/15/11/30/failed-apple-supplier-gt-advanced-looks-to-exit-bankruptcy-with-80m-financing

-GTAT exits bankruptcy and go on to make money elsewhere


And in the same amount of time LQMT has manufactured a couple hundred pocket knives. It is unclear where their next revenue source (if any) is.


I'm beginning to think there is something wrong with this LQMT picture....
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