Tuesday, January 12, 2021 7:49:42 AM
I ask because of the blog post - if Li, Eontec(CCP) are ready to expand; specifically, to mend the political economy, it seems there may be a plan. But no one in USA, except for Eutectix, seems to be interesting in building out a infrastructure.
Is Foxconn in WI going to make the investment?
Is Hyundai in GA going to make the investment?
Scale is going to be key for LQMT, selling recipes/ingredients and collecting revenue(hopefully to put into more RD).
The Eontec machine we purchased were likely 500c's - for $780,000 for two machines, if not mistaken.
"During March 2017, we signed contracts with Eontec to purchase two hot-crucible amorphous metal molding machines (“Machines”) at a total purchase price of $780,000"
http://ir.liquidmetal.com/node/11376/html
"In 2021, we expect growth in operations with domestic suppliers."
https://www.liquidmetal.com/market-development-dec-2020/
Perhaps they simply mean supply companies in USA(product sellers) but not actual manufacturers setting up in USA. In essence, it would be nice to see 20 machines put in a factory in USA. This was always my thesis and over-arching reason for investing here. As much as the technology is important, the suit of services LQMT can provide is compelling. This originally was going to come from Materion(who sold business to Eutectix I believe) and Engel.
Recent LQMT News
- 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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
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