Liquidmetal Technologies Inc (LQMT)

[joshuaeyu]

Yihao (not Eon) is the actual (non whale size) CM for both Eon and LQMT.

Yihao is also 60% owned by Eon and it is a private entity.

Eon does not disclose financial detail (per industry segments) on Q1/Q3 10Q. Those quarterly reports are typically one/two weeks ahead of LQMT. Mid year / year end 10K however are one/two weeks behind. China stock does have obligation to provide early revenue preview.

LQMT domestic order(s) will utilize Yihao as CM. It is fully expected full revenue and associated COGS (from CM) to be disclosed. I don't expect those orders to be reported as Royalty income. One should hope Gross Margin on such orders should be much higher than 6%.

Royalty based income should be aligned with business opportunities that is IP (technology/brand) based.

With the being said, INCOME = REV - EXPENSE. There is no free lunch either way. Perception however does matter.

Immature (so called up and coming) stock price is HYPE based rather than REV/INCOME based.

Growth (establish) stock price is REV based.

Non-Growth (so called safety) stock price is Earning/Dividend based.

After 20 years (of hype), LQMT continues to be IMMATURE.

2010 and 2016 were both LIGHT OUT year (follow by white knight rescue).

As always, HINDSIGHT will always be 20/20. Year 2020 will not be any exception.