The content of posts on LQMT that I have read today and their frustrations with this once promising investment turned dice roll clearly are the result of what LQMT always expected and anticipated on achieving and the actual results of their failures. By the executives now currently operating the company.
No one obviously wants their investment to fail. But watching communications breakdown for years now with the shareholders receiving very little to zero progress in between 10Q’s along with the share price sinking to new lows, coupled with little new interest. The only silver lining’s are anemic share volumes that trade and the presently worthless future stock options awarded to those executives responsible imo, for this situation in the first place.
In the one hand there is an executive blog put out to inform shareholders of current events and or upcoming events. On the other hand there are no updated blogs posted by the LQMT executives until the event has already taken place. End result imo, zero trust! This is not a theory. This is a fact. Just look at the past trade show event and the blog and now look at the current blog of LQMT. Are they posting the upcoming trade show that they may be attending in October? As of now I don’t see any!
LQMT/they tell you they have NDA’s as a reason for silence and then they open up their big mouths and state they are working with many world class companies to search for a deal.
So if you can tell the world you are working with world class customers to ink a deal. You can also tell the world about any progress you have made with these world class customers! Also without a hint as to who they are!
WANT PROOF?
“We have also satisfied the rigorous requirements top-tier companies have for qualifying key suppliers, providing highly scalable operations with stringent quality.” Source LQMT.
“Liquidmetal is continuing to work with companies across a spectrum of industries to develop solutions for challenging metal parts.” Source LQMT.
Then on the other hand again why permit constantly the questioning of doubts from shareholders regarding Trademarks, when LQMT puts out a statement like this one in the past; “We work closely with outside counsel to develop and implement IP strategies to protect our patents and trademarks from infringement, and it is regrettable that we have encountered customer confusion in recent weeks.
Our investors, partners, and customers should rest assured that we are taking this matter seriously—communicating and clarifying for those confused, consulting outside counsel, and acting directly with the offending parties to prevent further confusion. Liquidmetal management has made this a priority from the top down. From Professor Li: “The Liquidmetal brand is well-known and it can be very tempting for competitors around the world to use it for themselves. It is a strong asset to the Company, and we will protect its value.”
What does it take to settle the doubts? Certainly it does not have anything to do with a NDA!
I mean if in fact there is only one shareholder who has a concern about Trademarks it is a concern for all shareholders. Why not put out a statement!
Kind of borderline failure of someone neglecting their responsibility. For even if the doubts are not true, does it not look bad for a potential new investor to be interested? Does it not give also a negative impression? Does it not look purposeful that LQMT Would just let the issue hang in the air about trademarks? Especially since a statement on this was put out a few years ago!
It appears to me that shareholders have concerns and that LQMT is not interested in addressing them.
Like I said at the top of this post. The frustrations outlined by the posts are from what LQMT has achieved by their results from their own forward worded expectations and anticipations. There may be a grey area as to legality. But from what I read from the frustrations and disappointments of posters myself included and lack of communications imo, from LQMT are (crystal clear) black and white.
The burden of seeking out progress or updates lie not with the shareholders but with the executives of LQMT.
And that is what imo, is screwed up with investing in LQMT as a shareholder or potential new one.
Obviously 10Q’s and 8K’s and 10K’s are not enough. Especially after touting the over 25 years of experience in being the world leader in amorphous metal and showing jack for it each time a financial statement is put out.
Good luck to all in LQMT.
Wish TC luck and a lesson in diplomacy too while you are at it.
Just look at the bid price. Looks clear to me!
