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Re: Researchfyi post# 139140

Sunday, 12/24/2017 9:25:28 AM

Sunday, December 24, 2017 9:25:28 AM

Post# of 233346

The problems are not the prototypes. The problems LQMT faces are the same problems industries face, when introducing consumers to a new product. For example who still uses land line phones? Older or younger consumers? Who will still buy gasoline engine vs electric cars? Older or younger? Even though nitrogen is better for your tires and mileage, how many auto owners still use air? I think we all get the picture. It is just as hard to educate industries as it is for industries to educate consumers. Sometimes industries never learn like Polaroid, Kodak etc. Hence trade shows.



How do you know those are the problems? If they had so many "RFQ's" and "interest" that Hauck talked about on the calls, why wasn't just ONE closed on? Either he lied, or it's cost, which he said cost wasn't a factor "for the right application."

My point is that if the "RFQ's" were in the multiple "hundreds," then all the "customers" had the "interest" and that runs contrary to what you're saying the problems are.

Again, either Hauck lied about the amount of interest or cost was a factor and when they say the Eon alloy is substantially cheaper now and so are the molds, then you know they sought less expensive options for a reason.

So, the trade shows are nice, but Hauck said "hundreds of RFQ's." Something doesn't (well, didn't) add up, but it goes back to a guy putting in 63 mill with the expectation he has a plan to execute to get his return.