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Tuesday, June 07, 2022 3:23:32 PM
Rumors? LQMT has endless rumors. DD Outside of LQMT? LQMT has none. Contracts of significance? LQMT has none. PR’s of progress? LQMT has none.
It appears you left management competency out of your list: LQMT has none.
Incompetency has reigned supreme since the IPO at which point the Kang Bros went public after bankrupting Amorphous Technologies Inc by spending 42 million dollars on the launch of the Professor Johnson Golf Driver.
Our good friend Otis spent 20 million dollars alone on infomercials featuring Azinger and the like golf professionals. This expense still remains on our balance sheet.
The Peter Principle update should include a whole chapter devoted to LQMT management.
The most incompetent, (( realize it is difficult to measure differences of incompetency between the numerous CEO's we have had, is our current one. who has been with the company since 2005 on and off. Why John Kang allowed him back into the company boggles the mind. But the most boggling is why Steipp and Li decided to retain an employee that had zero knowledge of manufacturing and very little in cost analysis. Purely a bullsheeter from the word go.
Instead of trying to "build it back better", how about "Put it back the way you found it"
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
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM