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Re: Nerd Beautiful post# 226405

Saturday, 09/10/2022 1:12:41 PM

Saturday, September 10, 2022 1:12:41 PM

Post# of 232835
The data on the washers are over ten years old. They have been to many many trade shows with DM and others. Zero contracts. Why no contracts on a superior part? Could be the cost. So maybe washers aren’t of interest yet. Screws and nuts sounds more promising and perhaps for millions of medical tools as well. Still why no contracts. The supply side is still there for customers who are permitted to do business with China. But why no contracts after a decade?

LQMT states their own track record in marketing as one of the major reasons. It’s in their 10K’s. So why no marketing $$$ allocated to become more known? It’s an executive decision! It’s Li’s decision!

Sounds crazy, right? For over 20 years LQMT points out there little known existence as a plausible reason for not having more contracts and yet does not seem to want to increase their presence in the world of business by expanding their marketing budget. Obviously trade shows alone are not cutting the mustard. See 10K revenues and loss of major customers.

Manufacturing capacity increased. Infrastructure to deliver increased. Awareness by potential customers still obscure.

I can only conclude all or most efforts are focused on a whale.

Other than a new fee contract, it’s been a couple of years since LQMT has had a new parts contract.
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