A new week. Let’s clear loose ends.
1. LQMT can drop to .0000 or spike up from here. To do both, they either continue doing as they are doing or they start selling a service a product or develop a new technology with perceived demand.
2. Professor Li is not responsible for the drop in SP, unless you believe he is operating LQMT in LF from China.
The investment from China is what kept LQMT floating to where it is now. No one has heard a peep out of Professor Li regarding LF. His last action regarding LF, was to approve stock options for LF.
3. Anyone who now claims to know what Professor Li is thinking or going to do, is an opinion. All are entitled to their opinions. Opinions are merely conjecture. Since neither LQMT or Professor Li has stated anything new of any significance, these opinions include a wide stretch of imagination based on unverified data circulating the web, data from other products and one’s own imagination connecting them to LF.
4. The LF team is responsible for where the pps is today.
5. Yes, Professor Li is the CEO, but it is obvious to some and should be obvious to most by now, that he is allowing the LF team to run the company. If Professor Li was involved as much as many believe, would he not have actively exercised his dissatisfaction? If we as share holders are upset with losing value, do you not think that the CEO, who is losing millions would not be upset too? So why no change in the LQMT LF team?
6. Perhaps the 10q just released reveals Professor Li ‘s dissatisfactions with LF in the commentary section.
7. Setting aside all of the unverified monetary data in the report or vague monetary data, since we cannot break it down by where the money is coming from. The last 10q can be summarized in this way from the comments.
Do not expect things to get any better this year or the next year to be any different than last year, until we can sort things out and figure out a way to earn more income.
8. To that end Bruce, Bryce & Co. are trying to do. Actually, LQMT has been trying to do just that for many years without much success. The difference now is that they have actually acknowledged the failures without going into the boring details. The only change, without any guarantee of success is the public acknowledgement, that they are trying to implement a new strategy to earn increased income, while pursuing the existing strategy.
8. The investment remains a high risk, but no higher than before. This is due to cash on hand to operate.
9. Until LQMT fundamentally changes, all can expect the pps to continue its 2 year decline. Not by reasons of revenues, but by the facts of the 12% cash burn and share dilution, coupled with the ever decreasing transparency of communications in between their financial reporting.
10. Anyone who claims to know more than what is stated in the 10q’s or 10k, however well intentioned, see point number 3.
My own opinions are always worth less than the pps of LQMT.
I wish all in LQMT success.
Good luck to all
