When a company does not respond to legitimate shareholders inquiries, it tends to lead to frustration and to doubt the company ‘s credibility and integrity. Executives giving an appearance of hiding under the desks are never a good way to promote confidence and hold onto or attract new investors or clients. It gives off a feeling of mistrust. Not a good sign for all involved with LQMT. Just my opinion, which is always worth less than the pps.
I get the 10Q totally. No big deal. I get the pps drop. The drop in pps value coincides with the burn rate, income rate and new value of the company. The nonsense outlook gibberish decreases the prospective value, by stating in so many words, we have nothing new to say other than the can and pipeline just got kicked down the road once again (not that there won’t be success). It just will take longer.
As far as Li, goes, and I could be wrong, its simple. We just have to deal with the facts! In the same way, more or less, that LQMT sold it’s CE rights to Apple (forever) in perpetuity for $20 million, (except by a waiver from Apple) is the same way LQMT, gave up all rights and patent rights to sell any product or license in Asia, for $64 million so that they can use the LQMT brand. It is what China does. No surprise. Li, stated that he likes to meet shareholders after the open house. Really? The last communications from Li, was a New Years blog and a reply to a poster, I believe do to embarrassment. No PR, No Shareholders Conferences after financial reports. Does that sound like a person with shareholders on his mind? Does this sound like a company that wants to communicate with its shareholders or give off an appearance of hiding under the desk?
Remember this is a B.B. stock struggling to succeed. They may or may not know how to market themselves to become successful, so they self amputate in the effort to survive. But there is no excuse for not replying to their shareholders questions, period! All of us are aware of the failures, there should be no shame.
This is not a post to be negative. It is just an observation and an effort to put issues in a orderly fashion with facts and not with feelings.
I also believe that based on the facts momentum is building and that LQMT will start seeing increasing revenues this year and yes they would be doing all a favor by hiring a well known marketing firm.
2018 Good luck to all.
