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Sunday, March 26, 2023 1:05:38 AM
“We primarily rely on limited suppliers for mold making, manufacturing and alloying of our bulk amorphous alloys and parts.
We currently have one supplier located in China who fulfills the alloying, mold making and manufacturing of our bulk amorphous alloy parts. Our supplier may allocate its limited capacity to fulfill the production requirements of its other customers. In the event of a disruption of the operations of our supplier related to limited capacity, as well as other geo-political issues, we may not have other manufacturing sources immediately available. Such events could cause significant delays in shipments and may adversely affect our revenue, cost of goods sold and results of operations.”
Source LQMT 10K.
Can anyone list the whales outside of China willing to ink a deal with the above uncertainties? Has anyone contacted them?
Are there any links or provable communication emails?
I’ll wait….tic tic tic tic tic tic…
Good luck to all in LQMT.
Wish TC luck.
LQMT with their only bulk supplier can be terminated not due to any defaulted signed agreement but if a politician gets a fart stuck up their arse. Patience or an asinine policy?
Like it or not. It’s the only one LQMT has.
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