InvestorsHub Logo
Followers 25
Posts 4663
Boards Moderated 0
Alias Born 06/25/2006

Re: iateclube post# 223893

Saturday, 04/30/2022 4:31:30 PM

Saturday, April 30, 2022 4:31:30 PM

Post# of 232831
Yes there are millions of knives, but LQMT was selling only one knife. Not a table setting knife and not a culinary knife at a very high price vs competitive pricing. There is more to the golf clubs. There’s the video broadcasting, the fans, the prize’s the country clubs, clothing etc., in other words there is a far greater potential for marketing even if LM GOLF CLUBS never make it pro. Golf is a known sport to many 10’s of millions around the world. The LQMT knife not so much known. Not even 10,000.

The bigger picture is the marketing plan and the wider area of acceptance. The knife was DOA. The LM clubs has actually received an order. No one knows if it will be the clubs of choice or just another Martin bridge pin.

If the marketing plan is a good one and the product too is a good one then the hypothetical market plan has a good shot at working. Maybe DM needs to attend a golf trade show sporting event. Or perhaps LQMT can hire a former golf pro to pitch the clubs. It’s not really in their ballpark. Its actually up to the company in Japan that ordered these clubs to market and sell them. Don’t know why they would want them if you can’t go pro with them. Just hope they can sell $10 million dollars worth of them this year. That would net LQMT $300,000.00 dollars on top of those knives and bridge pins. Can’t wait for those tennis racquets to reappear. :)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News