Nope. No swindle here….
Straight from LQMT and right on page 1.
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“Our history of operating losses and the uncertainty surrounding our ability to achieve or sustain profitability;
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Our limited history of developing and selling products made from our bulk amorphous alloys;
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Challenges associated with having products manufactured from our alloys and the use of third parties for manufacturing;
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Our limited history of licensing our technology to third parties;
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Lengthy customer adoption cycles and unpredictable customer adoption practices;
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Our ability to identify, develop, and commercialize new product applications for our technology;
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Competition from current suppliers of incumbent materials or producers of competing products;
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Our ability to identify, consummate, and/or integrate strategic partnerships;
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The potential for manufacturing problems or delays;
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Potential difficulties associated with protecting or expanding our intellectual property position; and
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Economic and business uncertainties relating to the COVID-19 pandemic.
We undertake no obligation, other than as required by applicable law, to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.”
There it is. Who knew? Who knew LQMT would talk factually about it’s history? Too bad none of knew this would be the case, when we bought in. Now everyone knows. No more swindle. No more ignorance! You read the above and buy now without DD and you can chalk it up to luck or stupidity.
Good luck to all in LQMT.
Wish TC LUCK.
