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Re: Almosthere post# 225930

Monday, 08/22/2022 9:01:30 AM

Monday, August 22, 2022 9:01:30 AM

Post# of 232853
LQMT sold it’s heart to Apple and it’s soul to Eontec to stay afloat. No one came in and rescued LQMT from anything. No one came in and has made LQMT a success story. In fact their in a worse domestic situation today then they were in 2010, 12 years ago. Just look at the factual sales and the last 10Q.

No one bailed out LQMT. They are still burning through cash and have rid themselves of 90% of their staff to slow down their cash burn. They have done zip to increase their sales or add customers. In fact they have lost major customers over the years since 2010.

No one has come in and increased sales to avoid bankruptcy again. In essence the cash burn has slowed down. The fundamentals have not changed.

Hence almost zero interest, liquidity and anemic daily trading volumes.

That’s not a rescue. That’s what you call life support. In a coma.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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