Friday, June 24, 2022 12:58:21 PM
Here's my two cents on LQMT since you're new. Other's opinions will differ: I think LQMT lives or dies on their own sales, and to date they haven't made any serious effort at selling anything. That said, their CEO isn't paid a a living wage for SoCal, and can only make real $ via LQMT stock appreciation. So if he wants more than him and his hand (no money, no honey), he has much motivation to turn this company around. I'm agnostic on whether LQMT gets paid when parts are purchased direct from Chinese maze companies and those parts end up in finished products sold in LQMT's territories per maze agreements. The accounting for LQMT's cut requires the company purchasing the parts to divulge their global distribution numbers, and I'm pretty sure when asked, they'll tell the maze company to pound sand. Then maze company will tell LQMT, sorry, we tried, but there's no way to do the accounting. I hope I'm wrong on that last part, but unless question is asked and answered at time order is placed, my bet is LQMT gets nothing via that royalty route.
Recent LQMT News
- 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
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM