Amorphous metal industry expected to grow 7.8% annually ( not my statistic) in the near future. There are many many private companies competing with the publicly trading companies for this new materials market. That is not to say that three or four of these companies cannot dominate the market and grow at a higher rate. It takes a lot of money to market a new material. It takes a lot of private capital to help as a company burns through cash reserves or their line of credit. Above all it takes demand from industry or every day consumers to spike the worlds interest.
What is there about Liquidmetal that will attract either one? Although amorphous metal has been around for over 60 years, the technology to produce it for the purposes of marketing has not. Only recently during the past 10 years has technology permitted the expansion of it's use. Right now the need of amorphous metal is limited to a few industry groups. Even with over 100 or 200 interested parties, no one has yet to sink their teeth in LQMT to make a big enough dent in the form of a sales contract that anyone can speak of.
When you discover what it is about Liquidmetal that attracted you to it, know this: it's development has taken a longtime to mature and LQMT has a greater chance at success today then they did when you first bought shares. You also know a lot more about Liquidmetal and what it might be used for. What's missing? Actual sales that have eluded all of us. LQMT seems to be trying to correct that. LQMT seems to be on the right path. I believe LQMT will succeed. They just need more time. We need more patience. The investment world does not have that. They demand growth now not next quarter or next year. Hence LQMT dipped. Many of us have waited between 5 and ten years for growth. Another quarter might do it or another year or even two. I believe it is worth the wait at any price. That is why I bought shares in the first place, and that is why I have added more up to the price of .38. Looking ahead past the next 5 quarters, i believe all of us will be saying they bought into a bargain.
Good luck to all.
