Another week passes, OUCH! and lqmt remains flat from .0807 from .080. Like the trading volume, trading just under (.05%) a half of one percent of the float on Friday, if anyone who has a brain and just used the same volume of 1/2 of 1% of it, to analyze lqmt, they never ever would have been disappointed by the triennial shareholder's meeting that just took place. Did it suck? Yes, no question about it IMO. Just as the last 10Q did! IMO.
Was it expected? Absolutely!
Absolutely, if you read my most recent posts. It is not about nor will it ever be about; I told you so. It is about looking at all of the data from lqmt's filed documents and never ever embellishing or confusing the facts of the accountants with the forward statements and commentary of the executives and PR's, if any. Nor is it about looking at all of the hard research of CE, in which many shareholders focus on and confusing it with the reality of lqmt's actual performance. Thus waiting for expected performances of intelligent wishful thinking and then being let down by the actual results.
The dots and dashes of CE are real. But they are not real to lqmt! If they were remotely real as does those doing the research believe and everyone else want to believe. We would be looking at a pps of $1.00 or higher just based on the probability alone. Not. 08 or even .50.
Regarding the triennial shareholder's meeting. This is what I recently posted: Tuesday, 06/08/21 09:27:02 AM, from post 214007.
1. "There are even posts all over the internet on what the ceo and company should say, can say, must say, cannot say or else! One thing never ever changes. The silence from all LQMT executives after each 10Q & 10K for the past several years."
2. "Ever wonder why? What are the theories and facts about the excuses for lack of communications from the LQMT executives? What are the theories and facts for the world’s leading developer in amorphous metals on the cusps of progress, not to have more than one full time sales rep a.k.a blog poster a.k.a engineer and a firm handling shareholder’s relations? Ever wonder why annual shareholder’s meetings were ignored and out of line with corporate governance?
Historically, if you are waiting for answers from LQMT, to any of the above. Don’t hold your breath."
And from Saturday, 06/05/21 03:11:50 PM, post 213919, 6 days before the shareholder's meeting:
1. " extremely low trading volumes persist. A reflection of management's style of continued silence, since li, terminated a few executives and put the muzzle on the rest regarding progress PR's not including the 10Q's for several years now. No links are needed to the fact regarding the PR silence, as no PR's exist outside of 10Q, 10K commentary. Thus the outside interest remains just about nil and trading volumes remain very tight.
So, what's next? Expect a huge announcement of progress at the triennial shareholder's meeting (currently dubbed; the annual shareholder's meeting).
Good luck with that.
Expect all of management's proposals to pass including to hold shareholder's meetings every three years? Absolutely."
2. "Confidence in lqmt by once enthusiastic shareholders seems to be waning.
Research by many to try to link lqmt to a company using an amorphous metal part derived from lqmt's IP continues unabated regardless of the reality that the share price remains much closer to it's all time low than it's all time high for any of the 20 years trading.
Meaning; potential of a linked amorphous metal part with the possibility of a lqmt contract, should have raised the pps, just on potential value alone of future worth and future revenues, be it from any industry, Auto, Medical, CE etc., etc.
But no matter how many connect and link a part. The outside interest is zip, the trading volume to the point of suspected stock price manipulation remains anemic and thus the pps very slowly crawls negative as it has been doing.
So what next? Perhaps more selling or perhaps that huge announcement of lqmt on the verge of some sort of progress that will allow lqmt to ink a deal. But don't expect any deal like that just yet. In essence, some who seem positive will wait another year or sell and some who may seem negative will wait another year or sell. Like lqmt, there is nothing new under the Sun coming out from any links just yet."
The opinions expressed are not about bashing or negativity. If I think the situation presented sucks IMO, I state it based on the reality of holding long for 20 years now.
Anyone can disagree with my opinions. But when anyone disagrees with reality and facts, then half truths and disillusion sets in and an erroneous narrative ensues and shines a false light on LQMT.
You can listen to the BB &Co. triennial recording over and over and if you were following the news already put out by China, and posted by those following the CE dots and dashes, you would have learned nothing new. Collaboration by an already collaborated statement is not new! And Silence from the ceo li, is not new! And not answering questions is not new and having no Q & A at a LQMT meeting is not new! And announcing some sort of big deal contract before a 8K is filed and a PR at a shareholders' meeting is just plain ridiculous and IMO a bit immature. Especialy, when just about all who expect a CE contract, scream out; They (LQMT) can't talk! Don't you know they have NDA's in place and they can't talk!
Well if you know that they can't talk!!! Then how in hell do you expect them to talk during an open shareholder's forum???
So lets assess this intelligently or at least try to. Are you ready? OK.
!NOTHING HAS CHANGED! GOT IT? !NOTHING HAS CHANGED!
The contract of reoccurring orders has not been renewed as of yet and if it is LQMT will let you know. The pps is still crawling lower at a snails pace and for good reasons and it makes no difference whether it hits a nickel or a dime or a penny. That is not why one bought into the amorphous metal idea in the first place. Neither was it bought in on narrow focused CE use. Seriously! All should go back and take a really good DD look again into the multi industrial part uses for amorphous metal and all will find many other multi billion dollar industries, where LQMT's amorphous metal can be used.
As I have said many times when closing my week ended posts...
The view from the LQMT train in the railroad looks a lot better, whether LQMT trades at .05 or .10 or .15. Do you know why??
Good luck to all in LQMT