So last year, all were pumped up around this time of the year on the new ceo, the web rumors and hype and expectations of an Apple-LQMT partnership product, the anticipation of the OH and the expectations of contracts soon. Both short term and long term.
All lnvested and those who were not or did not bight, know what happened. LQMT fizzled and lost 40% of it’s SP, from .41 to .24 on average and lost 40% of it’s market cap. The hype was over, the rumors diminished. The open house thought to be successful, was discovered to be incomplete, when it was discovered that the new headquarters lacked sufficient power. As far as contracts and licensing of a meaningful size never materialized (which had little to do with the lack of power) the SP has dropped another 25% to where the SP is today, .018.
So this year the hype is gone, rumors are few, the realities of what LQMT is, is reflected in the SP and not by over expectations. Thus we can expect the SP to hold and not see another huge drop for the drop has already occurred. The SP will now drop or rise on performance and not on hype. For the rumor mill has dried up. The pumpers, like LQMT, have been laid bare. Trust in the new ceo is slowly evaporating.The only thing that remains from the silence and lack of success is hope. Hope that LQMT, can pull another rabbit out of their arse or actually sell to increase revenues and not just talk about selling or expecting.
Many here have given them 10 years or more of their patience to succeed. Others less. The time for LQMT is now, not tomorrow, not next year. If you’re not ready, state it plainly or resign! If you need more time, state it plainly or resign! If you have nothing, state it! For all here who own shares have that as well and see it in each quarterly statement and the value of their investments.
LQMT, If you have no new contracts or partnerships or customers to speak of. Then have at the very least the decency of having integrity and state it. When you state in a blog we sent out some parts...it means nothing, when you welcome a new sales officer without stating their credentials, it means nothing. When you state the SCE approved your plans for the power upgrade and for LQMT to give contractors the go ahead without mentioning estimated completion. It means nothing.
For over the past 17 years all LQMT shareholders have watched aside from talking is the success of the company selling it’s CE rights and now it’s patent rights abroad in Asia and elsewhere. But actual contracts here of a substantial amount, zero. All true value so far has been achieved by selling it’s heart (Apple) and soul (patents). But value to shareholders by way of contract revenues from parts from prototypes is elusive.
Until next week
Good luck to all
AI
