Monday, August 19, 2019 9:28:10 AM
Per Bond this morning: Let's start with my long-term LQMT position given they filed their 10Q Friday, which was a positive development for the company. Keep in mind, most of the comments in the 10Q are really nothing new. Li now has a 41,000 sq./ft. sales office in Lake Forest. This change reduces overhead expenses and allows Li to manufacture parts in a jurisdiction of much lower costs. In addition, I really believe the yuan will decline against the U.S. dollar in the coming years, keeping costs to Europeans and North Americans much lower than anything produced there. A good salary for a worker in a factory in China is $1,000 per month, with no additional benefits and mandated time off, et cetera. The Lake Forest facility cannot compete with Eontec. The supply chain, too, is fantastic in China. Outsourcing to cheap labor is how the world works, today. Li always knew that risks to manufacturing in the U.S. could prompt him to exercise Plan B. Who knows, maybe Li just put on a good show so he wouldn't get flack for 'stealing' intellectual property. Li is exactly the kind of guy Trump, Lighthizer and Bannon have been talking about. When the American market wakes up to amorphous metals, Li will cash-in with LQMT as will I. The Chinese are incredibly patient. LQMT isn't going away. This stock is one you put in the back of your drawer in my opinion. I'm long LQMT at $.147 and with recent developments am even more confident than I was a year ago when i started building this position.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2026 08:37:19 PM
- Liquidmetal Technologies Inc. to Present at the LD Micro Main Event XIX • Newsfile • 10/06/2025 11:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2025 08:00:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2025 08:02:21 PM
