Liquidmetal Technologies Inc (LQMT)

[NetAdmin2436]

Pollux’s ventilator theory makes a lot of sense to me. For the reasons already posted and a few more.

I’ll admit, at first I didn’t think much of Pollux “pumping” LQMT making parts for ventilators. There have been many rabbit holes that have led nowhere here on the ihub board (as of yet at least). But after a few hours, several things dawned on me.

First, this has nothing to do with CE/Apple or that whole ordeal. This is the Medical industry and there are no constraints. Medical is touted on the Liquidmetal website, 10q’s, 10k’s. Not only is the United States desperate for ventilators, THE ENTIRE WORLD is desperate for ventilators. They need them NOW! The extreme demand is here.

Liquidmetal put out two statements regarding COVID-19, so far, on the main page of liquidmetal.com. The statements changed from 3/24 to 3/25. Then the first statement was added to the blog section. As you know, LQMT is a very secretive company. I’ve never seen them do this before in my 3 years of following the company. Granted, COVID-19 is a serious threat that the world has not yet had to experience yet. Something seems to be happening though. I don’t know what, but something.

3/24/20
Coronavirus (COVID-19) Update: Liquidmetal maintains a fully functioning office utilizing web-based meetings to support current customers and develop new markets. Despite the crisis, Liquidmetal is continuing to generate interest across a spectrum of industries and is engaging with new companies on a daily basis. Liquidmetal’s contract manufacturer in China was back to work in mid-February and is fully capable of building tools for new projects, and running machines for high volume production parts.

3/25/20
Coronavirus (COVID-19) Update: Liquidmetal is continuing to work with companies across a spectrum of industries to develop solutions for challenging parts. We have maintained all tooling and manufacturing capabilities to support new and existing projects. We are also available to host web-based training for small or large groups. Contact us!

Why the change of message and why put it on the front page? It’s interesting if nothing else, and I mentioned this on my post yesterday. Usually the only thing we get is 10k’s, 10q’s’s and an 8-k once in a blue moon. Something seams different.

Medtronic’s CEO was on CNBC on 3/25/20 touting the manufacturing of more ventilators to deal with the COVID-19 Pandemic.
https://www.cnbc.com/video/2020/03/25/medtronic-ceo-omar-ishrak-on-ramping-up-ventilator-production.html

I won’t go over all that was said in the interview, but Medtronic did mention working with Tesla and the ramp up of at least 2 versions of ventilators.

Peterson Enterprises is a company based in Minnesota that represents Liquidmetal Technologies, Inc in a sales role. Peterson Enterprises had a both next to Liquidmetal at the MD&M tradeshow in Minneapolis 2019. MD&M is short for Medical Design & Manufacturing. I was personally at that tradeshow and saw Peterson represent LQMT. I spoke very briefly with Steve Fischer (President of Peterson Enterprises) while at this tradeshow, along with Daniel Mchugh and Xiang Cui from LQMT. I picked up several business cards at the Liquidmetal Technologies booth. 3 of whom were: Tony Reif, Steve Fischer, and Chris Benson from Peterson Enterprises. They are the same Liquidmetal business cards that Daniel Mchugh has. Same black design, liquidmetal design business card.

A few months later Peterson Enterprises was at the MD&M West tradeshow in Anaheim, CA. Again, Peterson Enterprises was close to the LQMT booth and there representing LQMT. Check out the Blogs and events on each company’s website for verification of all this tradeshow stuff. More, if you look at the actual floor plan of each tradeshow you will see the booths are right next to each other in both shows.
https://www.liquidmetal.com/blog/
http://www.petersonenterprises.com/events

Medtronic had several keynote speakers at these MD&M tradeshows.

Steve Fischer is the president at Peterson Enterprises. Checkout Steve Fischers Linkedin Page. Spoiler: it’s filled with ventilator and Medical industry activity.

Company Locations:

Peterson Enterprises
6230 MN-65 # 101, Minneapolis, MN 55432

Medtronic: Operational Headquarters
710 Medtronic Pkwy NE, Minneapolis, MN 55432

They are only 1.2 miles away from each other and separated by Moore Lake in Minnesota. Medtronic does have several other locations in Minnesota, but the above is the corporate location. It’s literally a 3 minute drive from Peterson Enterprises to Medtronic.

Pollux has a great theory. There is a lot of things that line up and should make this an easy contract(s) to get. Now, how much revenue will this bring us? $5,000 or $15,000,000? I have no clue.

I’d be seriously disappointed (although not shocked) if this ended up as another rabbit hole to nowhere. I’m not sure there is an easier opportunity for LQMT. I mean seriously, C’mon man!