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Re: BBboy post# 110313

Saturday, 03/11/2017 12:04:51 PM

Saturday, March 11, 2017 12:04:51 PM

Post# of 232835
Do the math. About 800,000,000 shares. If share price were 14 times earnings, at a dollar a share, assume earnings of a little over 7 cents per share. If earnings were 10 per cent of sales, sales would have to be $570,000,000.

This year sales were $400,000.

The company has two machines, and Li is allowed to use the technology in China, as he said he is doing and plans to do. Lqmt gets no significant piece of that action. You could run those two machines dsy and night --if you had any customers -- and not come anywhere close to half a billion in sales. If his chinese factories have the right to use the technology, and he has cheap labor there, what makes you think lqmt is going to increase sales by several orders of magnitude?

I hope some one knows why I am wrong.
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