Wednesday, November 15, 2023 5:26:12 PM
When ever reading a 10Q, especially one like LQMT puts out learn to crawl through it one crawl at a time.
There are no contradictions in LQMT’s 10Q story.
One is telling you of facts as they state it for the last quarter, which is very good news. Actually it is potentially what theorists commonly say is a “great find.” The other story is telling you of the facts as they (LQMT) see it for the accumulated nine months story or past three quarters and when they compare it to the data of the year prior for the same time the three quarter story as a whole does not look so good.
I think I explained this already in two of my posts right after the 3rd Qtr. release earlier this morning.
Hope this settles your dilemma. Or whatever you are waiting for to see in the next 10Q/10K, which from what I gather from your astute 10Q review, is your focus on where do these increases in licensing and fees come from.
Without speculating as many often do. I would say they ( the increase of license fees and Royalties) come from existing customers and the last contract involving golf club parts as outlined by LQMT.
Of course there will always be speculation, hype and innuendo about where else might these fees and royalties be coming from, due to the impatience of many invested in LQMT for a long time while LQMT is imo, going through a long period of drought.
The correct numbers and references are already in the story.
Recent LQMT News
- 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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VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
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Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM