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Alias Born | 12/09/2013 |
Thursday, June 21, 2018 4:31:55 PM
First of all, when Lugee bought into LQMT, he bought more than he expected. Prior to the Lugee take over, the company essentially bit off more than it could chew and made promises it could not keep. (The former CEO was not fired because Lugee wanted to be the CEO.) One of the main things Lugee had to do was to establish (or re-establish) the company’s good name. And that takes time.
How do I know that? As the saying goes, if I tell you, I’d have to kill you. So you can either believe me or not. It doesn’t matter to me.
The real question remains: are there any major companies that are willing to take a chance on the alloys and/or on LQMT as a company? We have two good indicators. 1), Zyris. It’s far from being a major company, but it’s no fly by night operation either. 2) ConMed. They have yet to sign a production contract, but they are a major company within their sector and if they had significant reservations about the material and/or LQMT, they would not be wasting their time and money working with LQMT on prototypes.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- 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
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