Maybe my last post here.
Hi,
I quit posting here when I realized this stock had taken over a large portion of my free time.
Since then, I haven’t sold any, I’ve bought more.
I bought more because I am satisfied with the investment decision I made.
When I finally got around to reading the contract, I was able to answer (for myself) most of the nagging questions that seemed to be constantly floating.
The answers are all there.
This is a real company with a real agreement and revenues accrue to the company whose territory the products are delivered into.
Until LF is able churn out full 24 hour/7 day production from a building full of machines, we have China to cover orders. I’m certain the revenue split will be done judiciously, however, until LF can cover its own orders, profit margins will be reduced accordingly.
When the Chinese government (through Eontec and Li), committed to a future of LiquidMetal (in partnership with Apple) that was the final piece of proof that I needed.
I know what I own.
In the long term, the only uncertainty in the agreement is the contractual limitation of co-opted R & D.
For some reason, Eontec and LQMT will stop sharing R & D, 5 years after the contract was signed. I believe this has more to do with the Chinese government than Li. And agreements get re-negotiated all the time, so it’s not a current term concern.
In short, in this quarterly report (being released this week) I am expecting revenues of over a million in Q1, with a nominal operating profit that is obviated by the hundreds of millions in losses that are waiting to juice retained capital which should someday lead to a special dividend.
The only question I can’t answer for myself, is when will Apple and LQMT announce the agreement for our territory, the agreement that is sure to mirror the Asian agreement.
And I say that because the only way LQMT will meet production requirements for Apple, is if Apple invests (as the Chinese government has in China) into production of LM in America.
Anyways, I know the future of my money in LQMT is beyond safe.
I’ve found a block chain company now and it wants more of my time. Learning about block chains is more mind numbing than learning about LiquidMetal.
I’d say good luck to all the future millionaires here, but you don’t need luck. Most of you have paid the price of admission in spades.
Eh, good luck anyways!
