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Re: Boilingman post# 214357

Tuesday, 06/15/2021 10:41:54 AM

Tuesday, June 15, 2021 10:41:54 AM

Post# of 232553
There is no sales force. There is a sales person. One full time paid sales employee. Not even an executive of sales. The last two were terminated or resigned. The marketing strategy seemed to be limited to trade show contacts, which have been curtailed, perhaps due to costs associated with fees and expenses exceeding returns. The new sales strategy is outlined in the 10K and hinted at in the last 2020 blog. Other than that there does not appear to be a budget for sales.

But don’t worry. LQMT, reminds all that they have soooo much manufacturing capacity should an order make it’s way up the chain of command after passing the hoops of prototyping to fill the order via their (li’s companies) partnerships abroad.

So now all one needs to do is endure, until a part order is announced or until revenues show up in a 10Q. Other than that nothing is going on. Nothing that LQMT can announce. Be it from an agreement to remain silent or due to the fact they have no new part order.