Since no one else said it. Of course if they have a plan to ink contracts and make use of their trademark then it can go above two dollars a share and at that point and only at that point reverse split to reduce the ridiculous amount of outstanding shares or initiate a plan to buy back 25% of those shares. Nothing like seeing confidence from insiders to drive more interest in the company. At that point skies the limit for the share price.
Anyone see a business plan? Hmmm?
Why do I ask? Hype, NDA’s and the bottom lines of 10Q expectations just don’t cut it anymore. Neither are fees of 6% with a burn rate of 5% and growing.
Oh well, let’s hope one of those 21 darts they hired hits a significant target and it sticks.
They slowed down the hemorrhaging at the expense of revenues. (Study income statements before the OH and after the OH in LF CA..)
China then from what I see, proved companies are interested in the materials, terminated executives at LQMT during the entire process and excluded LQMT USA from those revenues by restricting sales to their footprint. But now the cat is out of the bag and all here are expecting the same to happen. The big problem with this is the supplier. Whales need guarantees and LQMT cannot give them that under the current plan of infrastructure. When a planted ceo tells you the company doesn’t need domestic capabilities to ink a whale. The ceo is either lying or has a deal or his strings are being pulled. And don’t blame TC. Who the heck would turn down a quarter of a million just to have a title and not worry about anything else?
It’s why very few give a rats about the upcoming 10Q. Remember not too long ago, when there was a lot of excitement and enthusiasm before one of those? The share price would pop on the hype and there would be real interest and high hopes and expectations!!! The volumes would increase not decrease. The share price would increase not decrease. Imagine now, many will think it’s great when they see the pps go from the nickels to eight cents. How pathetic.
It should be going past a dollar not a dime every time LQMT inks a deal. The contracts should be significant and not insignificant.
My opinions are always worth less than the price of a LQMT share.
