Liquidmetal Technologies Inc (LQMT)

[chipboarder]

I’m just an engineer who likes to play with numbers so here are a few...
Fact....the dental contract is for 10,000 parts a month
Fact...the 10Q says quarterly product sales were $63k so that’s 21k a month
Dividing the sales $ by the number of parts gives us $2.10 per each and every part

I can’t imagine a Liquidmatal part that sells for $2.10....it’s way too low

Alternate explanation ...I think that the $2.10 is our portion of some number (gross profit or operating profit) from processing the order. Assuming 12% (a guess), then the GP/OP is $17.50 and the actual product selling price would be n the #35-$40 range. This sounds much more plausible

It also means that the sales actually booked by our Chinese partners looks more like $400k a month. That’s a fairly big number but it could explain the enthusiasm last Summer.
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I have my doubts that this is Zyris.....these units sell for about $2000 and dentists aren’t big spenders...what’s their motivation?

I think it’s a dental consumable and I’m hoping it’s dental implants...there are 5 MILLION dental implant procedures in the US each year. A confirmation could be the announcement of a new contract for 50,000 parts a month. That would be telling.

Time will tell.