It’s obvious to all LQMT shareholders except for very few whom think, that salaries of executives or no salaries of executives are what increases sales and ink new contracts. It’s obvious as well except to a few that owning hundreds of millions of shares does not generate an increase in the shareholders value long term, without an increase in sales and new contracts. In fact quite the opposite has factually occurred since 2017 and in fact the market cap has dropped back down below to pre 2017 levels consistently. Patents expire and become meaningless. LQMT sold off it’s worth to Apple and China. China vis-à-vis Professor li has taken control of LQMT. LQMT has depleted it’s R&D research team and relies on others for the R&D. There were IMHO, legal reasons for why li never drew a salary. Conflict of interest was probably the reason.
Cutting costs or putting a tourniquet on the cash burn sounds good, looks good, but it does not generate Sales. It does not generate contracts nor new interest in the company. Actually it has the opposite affect. It often signals a company that might be seriously in trouble and needs more time. This may or may not be the case for LQMT. But it can look that way.
Over the years that is all LQMT has accomplished successfully. It has achieved a way of buying more time by selling off and sharing the value of its patents and the value of it’s IP. Not by selling contracts to manufacture parts to become successful to present date.
LQMT laid off staff, terminated executive contracts and closed it’s doors to what was once believed to be the start of a huge domestic operation for manufacturing parts. Shareholders of LQMT received instead a shock when it’s new headquarters for manufacturing was terminated and rented out. Another shock still going on is the so called increased capacity to manufacture parts from abroad in China sitting idle for four years now by the lack of demand from LQMT.
All of this is backed up by the anemic daily trading volumes, anemic liquidity and anemic new interest in LQMT.
Bottom line: despite the reality of what has happened and is happening. It is still possible for LQMT to be given a decent contract. For now Medical seems to be most likely and probably the next contract of any new worth. Still you can’t rule out a surprise contract due to NDA’s.
As far as any internet search past or present about LQMT goes although perhaps well intentioned or to just justify self interest. You might as well throw it into the trash. For none of the www articles around the www have added any long lasting value to LQMT or a penny to it’s bottom line value in terms of any new contracts or new revenues received. Don’t take my word for it just look at the facts at what LQMT in fact states in their own words and opinions in each of their filed financial statements.
While the stock price of LQMT wallows in the low pennies as a testimonial fact to all of this negativity and failure to become successful to this very day. No one should ever rule out the real possibility of LQMT to reverse over 25 years of failures. This conclusion is based on what is in the last 10K and the increased growth for amorphous metal to be used more and more around the globe. In essence, although it looks moot at this point and looks highly unlikely that LQMT will ever succeed. There is still the remote possibility for success to also be shared with LQMT, for global use and expansion, by virtue of common sense cannot be contained by one area of the globe. Right now it’s the only logical conclusion. Keep in mind any agreements can be violated and or terminated. Which will have more negative impact on LQMT if in fact agreements were violated or terminated.
There are no guarantees. I personally have stopped adding shares Long term. There has or should be a point in time in a company that has failed to increase shareholder value, when one’s long term position is enough. There are other strategies to employ in this case and those strategies have already been posted many many times.
As always, my opinions are always worth less than the price of LQMT stock. Always do your own DD, when investing. Always invest what you can afford to lose. As in all casinos referring to the stock markets. Remember the elevator does not always go up. Know what floors to get on and what floors to get off.
Good luck to all in LQMT
