Wednesday, January 17, 2018 4:46:25 PM
What gets me, and I mean really amazes me, is this one simple fact or scenario played out over and over and over endlessly for years by the so called brains of this company. It defies logic and is the absolute definition of insanity.
For the past 10 years and no matter how many hundreds of clients and proposals for clients by LQMT, and no matter how many prototypes made or parts shipped.
WHATS THE SOLE REASON FOR NOT ONE SINGLE MEANINGFUL CONTRACT IN ALL AREAS DURING THE PAST TEN YEARS?
Congratulations! You guessed it. TOO EXPENSIVE!!! Costs too much. And who’s the source of this explanation over and over and over again for the past ten years? You got it. LQMT!!!
Now if that is not ignorance, stupidity or insanity, I do not know what is.
Having worked myself on some complicated mathematical jobs involving costs and thousands of consumers. One would think or common sense would dictate that after years and years of failures due to prohibitive costs of the LQMT parts and prospective client’s budgets. That LQMT would only need a calculator to determine the cost of a prototype and or ordered part, before buying and consuming raw material, equipment, electricity and labor to make the product in the first place. Not to mention diluting shareholder’s equity and the value of their hard earned money. For what? For what reason do you repeat the same process over and over and expect a different outcome?
Am I wrong? Am I being too harsh?
Perhaps now, with the new machines and new CEO, the outcome will be different. Let’s all hope it does. I believe it will.
Recent LQMT News
- 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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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