Monday, September 04, 2017 10:54:37 AM
Answer: One leads to the other.
If the true manufacturing costs and production capabilities had been truly addressed and presented to the shareholders, there would not have been an "in the midst".
You can bring in a boy to plug the leaks in the dike, but one runs out of thumbs pretty quickly when the dam wasn't built well enough to hold water.
In my opinion, the original resolve and committment by the very top to go after a niche of niche market (Engel's own words) is precisely why we ended up where we were prior to Lugee Li's arrival.
Lugee Li is not a "niche of a niche" guy. He is seeking broad markets.
Engel itself has always gone for the broader markets as well.
However, in the case of Liquidmetal, the breadth of the markets it reaches in plastics with the same prime mover (I.E. the EM 100) has been limited by the limitations of processing the liquidmetal materials under existing formulations. The ultimate limitation has been in the formulations and their attributes when it comes to processing.
This is why the Engel efforts have diminished, imo, waiting for Lugee Li to further perfect formulations and, as well, to introduce his DC processing.
Time and patience. Not one person at LQMT has said process has been perfected with existing formulae and we can rest on R*D Laurels and go peddle what is still a very early Unperfected technology.
Give Lugee the time to do what he has to do and the sales of the alledgedly better mousetrap will follow.
In the meantime, traditional manufacturers will be content to continue their traditional manufacturing methods until the liquidmetal process becomes overwhelmingly superior and proven effective.
Not quite there folks. Lugee is a young man. He has a lot more time to achieve his goals than investors who seek shorter terms satisfaction of their goals.
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
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM