Followers | 18 |
Posts | 2017 |
Boards Moderated | 0 |
Alias Born | 12/09/2013 |
Tuesday, October 15, 2019 2:44:17 PM
BTW, thank you for your excellent summarization of the PLA vis-a-vis Tesla door locks. On the surface, at least, the territorial exclusions in the PLA can be viewed as highly protective of LQMT; although I have no doubt that others will argue that the PLA is detrimental to LQMT because under certain circumstances it can limit LQMT's potential profitability in Asian markets.
I've basically done what you have done, and for the reasons you stated. It's now a wait and see game. Only I am no longer willing to wait until hell freezes over.
Right from the start, LQMT was headed nowhere. For the first decade, they had a lock on the early patents, yet they lacked the machinery to actually make BMG parts via injection molding. I.e., they were trying to sell what was impossible to make. Then, when Engel came up with a machine that could make BMG parts via injection molding, LQMT couldn't afford to buy the requisite number of machines to fulfill substantial orders. And as a one machine company in a rented building, that depended on venture capitalists and stock dilution just to keep their door open, they couldn't find a major manufactuing company willing to invest millions in machinery, especially without LQMT having signed parts contracts that would justify such an investment.
Li is the last hope.
I am very impressed with the direction he is taking this company. But you're right. It would have been nice if LQMT became a major US manufacturing company rather than a US company having it's manufacturing done in China. Then again, many major US companies have gone that route and are quite successful. It would also have been nice if the US hadn't largely abandoned amorphous alloy research and manufacturing to China. Innovation, once the hallmark of American capitalism, is fast becoming the hallmark of China and Japan. - It is what it is.
Mr. Li said "You need to believe me. I am not a Story Teller, I am really a Just Do It person"
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM