Sunday, June 18, 2023 10:45:11 PM
Now once again, I could be wrong, but historically and imho, LQMT has been mismanaged from jump street, with a new material and inept executives who by accident, design or just plain ignorance never knew what it would take to get the train into the station or the rocket ship off the ground and instead ran afoul and also the available cash and credit into the ground. Thus forcing IP SALES AND PARTNERSHIPS TO AVOID BANKRUPTCY AT LEAST TWO TOMES.
They now have been reduced to what I see as active sales reps for a manufacturer abroad, whereby they may receive revenues and or fees from deals they can make of any size.
So the next deal can be significant or insignificant. The structure and where LQMT receives it’s parts from probably impacts potential sales in a negative way or in fact removes LQMT from the playing field altogether. Especially if there are companies who are prohibited from doing business with the manufacturer abroad.
They recently had enough funds to increase domestic manufacturing independently. The decision to end that phase seems imo like a conflict of interest, although one can say it was done for economic reasons. The thing is the decision to end USA manufacturing operations on a large scale is the same person abroad who operates high volume parts sales through other associates.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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