Liquidmetal Technologies Inc (LQMT)

[Researchfyi]

LQMT did very well on first quarter income. Although the 10q is too vague in many areas to determine where the income is coming from based on industry, equally vague is where the put the $100,000+ interest a quarterly gain of 1.25%. 5% annually.

Overall there appears to be zero hype. And finally Bryce and Bruce have finally discovered what their partner Engel discovered and admitted to back in early 2018...

http://www.themoldingblog.com/2018/05/08/engel-execs-describe-liquidmetal-commercialization-as-slow-and-challenging/

After reading the 10q and related documents. The LF team finally realize the difficulties and delays with their current sales strategy approach. No surprise to many of us here.

But typical of the LF team they do not spell out any specific plan to change the strategy nor hire a consulting firm to help them explore a new strategy. Once again it seems to be a go it alone approach.

All of this was known for many years. Engel caught on after 6 years.

The bottom line: revenues improved, but are not consistent. LQMT is burning up about 12% of it’s cash in an effort to succeed. They admitted current strategy is not working yet and will try to earn income another way, while still trying to catch a wale. Nothing has fundamentally changed. The high risk to buying or holding shares are the same. There has been no big sell off. Neither any large buying of shares. The stock continues it’s downward trend in share price long term as assets decrease and shareholder dilution increases.

Dead silence on parts ordered from yian partners and future prospects. Desperate attempt to capture new fish with trade shows. Dead silence on that front too.

The next time a poster posts reality and you think it’s negative, just read this last 10q and give the LF TEAM all the credit and thank all of the posters here for pointing to the reality many quarters earlier than this one.

Thank heavens Bruce & Co. had the spine to be a little more transparent. I wish them all the best for it.