InvestorsHub Logo
Followers 25
Posts 4660
Boards Moderated 0
Alias Born 06/25/2006

Re: None

Sunday, 07/22/2018 8:04:31 PM

Sunday, July 22, 2018 8:04:31 PM

Post# of 232826
For what it’s not worth. $246 million in accumulated debt from operations + an annual burn rate of $9 million and $36 million in cash and unspecified assets including accounts receivable + any NDA’s. So these are facts based on the 10Q’s. The non facts are in the accounts receivables and the if any NDA’s.

So all no longer have to worry about the math, the debt nor the cash on hand nor any sales from companies abroad. For LQMT is in the hole and has been for a very very long time.

Heck! Even with new sales LQMT admits openly, that they don’t think they will ever be profitable. No smoke and mirrors with LQMT. Maybe habitual embellishments, but no scams here.

If anyone is in LQMT, it is not due to any known sales currently. If anyone is buying LQMT, it is not due to any facts about its financial statements, because they scream RUN!

All are in it due to what all perceives as the potential, when and if a sale takes place.

And as far as DD goes. There are no other boards that post as much DD as possible as this one. You can even tell that when a certain person (JB) writes, it looks like some of the info is extracted from this board mixed in with some gibberish.

From researching ConMed, it is quite possible that LQMT and ConMed May have already inked a NDA. But we cannot yet tell when sales developed from a prototype already made for ConMed, will be received in the form of income.

So for what LQMT is not worth, it is doing just fine.

Good luck to all
.30+ still possible late July
Bruce still might surprise us with a positive note.
If not then .30+ in August.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News