I am very happy to see that many comments here off of some of my recent posts have stimulated the board back to facts and DD. It will and it should allow LQMT executives to take notice and remind them that they cannot take the posters here/ investors for granted. The posters here are very intelligent. Many have a deep interest in LQMT’s success and above all it’s integrity. Investors here are tired of the (SOS) same old rhetoric. They have had enough of the elixir promises and the constant disappointing bottom line zero results. Old rhetoric constantly repeated from leadership has consequences. When I worked, and if all I showed was a lot of promise and zero results, I would have been canned, dismissed, fired at the end of the day. When a company is grossing $34,000 a quarter and those executives are pulling in/taking $100,000, $200,000, $300,000, $400,000 and up salaries. IT IS TIME FOR A PAY CUT!!! If Mr. Li by example is taking no salary for his efforts, then perhaps it is time for the rest of the team to follow his example. By LQMT’s own words: 1000 interested contacts, only 12 projects. And is there a single contract to speak of? NO, THERE ARE ZERO CONTRACTS TO SPEAK OF. No wonder why there is no meaningful PR to hold or attract new investors. Based on that track record... 1000 potentially interested clients and zero triggers, good grief! How does one get paid for those results!!! I’m not questioning the abilities of the leadership. I’m questioning why are they there. What the heck. Mr. Li, you could hire many of us here for half the pay, and from our homes, we could do no worse, save you a bundle, and we could have also produced the same results.
LQMT, Its time to stop reminding us of how good you are via blather, and show us how good you are via results.
The bottom line of your financial reports tells all of us and the rest of the investment world how good you are. Its great to increase debt to expand and search for clients. Its great to increase debt to appear in trade shows to search for clients. Its great when you invest in new equipment and upgrade power and project lower turn around times and lower costs. BUT!!! Its not great when you have nothing to show for it. Its only debt!!! That is not progress, when you are 0 for 1000!!! Many of the posters here are smart enough not to buy the bridge, but can sell you the bridge.
LQMT, the next time you blog or release PR, change the record and make it meaningful!!!
Good luck to all in LQMT.
