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Monday, June 13, 2022 5:48:01 PM
Per the 2010 agreements and beyond LQMT agreed and continue to agree to transfer any new IP to Apple for CE use in perpetuity. They iterate this every year since 2010. That is the extent of LQMT working with Apple in CE.
There are no companies announcing any ramping up in theUSA using liquidmetal hinges from LQMT in 2023 or any other year for production.
There has been much speculation for the past few years, in which LQMT’s prototypes of hinges might be used by auto and non consumer electronic industrial companies as outlined on the company’s website and as suggested by other websites. Ford motor’s is one and indirectly Tesla.
There have been no announcements of any contracts or pending contracts regarding the use of any hinges involving LQMT in LQMT’s footprint. Outside of LQMT’s footprint certain agreements have been made whereby they have been granted the rights to use the LQMT logo. There are no fees from these rights. These rights can be terminated by LQMT, but they probably will not for reasons of agreements causing LQMT to be dependent on these other partnerships.
To do terminate those agreements LQMT would need to find an independent source to manufacture high volume parts for domestic manufacturing. Since the closing of domestic manufacturing at LF CA. LQMT has not found or is not looking for a domestic high volume parts manufacturer. Even though They have publicly stated twice that they need one for backup and one due to restrictions on trade with China.
Another huge reason why LQMT sits under a dime and not rising. The other reasons are as stated in earlier posts the global economic headwinds and probability of a full blown recession and the fact that even in good times of global economic growth LQMT has failed to sign a contract of significance.
The contracts that they have signed recently are of to little value and to far apart to have more than a short term pop in the share price. The recession alone will drive down the pps of LQMT another 20%. No contract improvements and .06 is almost a certainty. Anymore negative headwinds and LQMT will be trading in the 0.05’s.
LQMT needs to produce contracts of any size to survive, for the cash burn clock is still ticking away, while the company rots away in the metaphoric rail yard.
Reality can be boring, painful or helpful.
Good luck to all in LQMT.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- 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
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