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Friday, February 19, 2021 9:18:09 PM
Been thinking about what LQMT needs to get off dead center and I have a laundry list ....we need 3-4 manufacturing centers the size of the China facility...that means 300-400 machines here in the good old USA. Top that off with a state of the art R&D center staffed at 100 and complimented with a knowledgeable sales and marketing effort composed of Sales Engineers...not salesmen or marketing gurus but individuals that can be an asset for potential customers. Give them a reasonable base salary and the opportunity to get really well off if the company flourishes.
So...the plan has a total price tag in the $700-1000 MILLION range and how does poor little LQMT get its hands on that kind of money ....it’s not coming from China...the answer is to go through a SPAC conversion/reorganization and an IPO to raise a Billion or so. I owned some Lordstown Motors and I’ve been through it...it raises a lot of money on a hope and a prayer and a good story. If the Fruit Company objects, they have the right of first refusal and can propose their own alternative if they wish...we have been stuck in this box too long. To be credible, we need scale on the local level...period.
I love poking the bear!
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
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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