Liquidmetal Technologies Inc (LQMT)

[bobroo]

The answer to yesterdays Pop Quiz:

"This has resulted in securing our first orders for recurring, volume, deliveries of functional parts utilizing our technology. Monthly shipments began in July and will result in regular supply into a targeted market, along with providing market participants with needed benchmarks on the advantages of our technology."

Martin Guitar Pins


Boy oh boy! Re-read that quote again from Bryce Van in 2020. Sounds wonderful doesn't it? Sounds like LQMT was finally take us to the Holy Land, no? And this was laid out in perfect LQMT fashion, Two sentences buried in a press release--just hidden enough to stroke the egos of LQMT investors like they have stumbled on something secret, something the mainstream investing community had not yet found out about....it would finally be their chance to cash-in.

As a product, I would classify the guitar pins as a success. In that, it was in-fact a product that actually made it to market. The price for 6 of them was about $300 retail. There are many, many other products that caught the imagination of investors but fell flat just turning out to be a rumor or an idea, only to be replaced with a different wild goose chase. Again, this quote from a LQMT press release was made just under 4 years ago--you'd think it'd stick out in everyones memory.

On the other hand, the guitar pins just turned out to be a gimmick that didn't work. It's fair to say the guitar playing community gave a thumbs down to BMG guitar pins and I'm sure it is not because of price, it's simply that they do not produce better sound. From a LQMT investor prospective, guitar pins were a failure. They did not produce the revenues we all hoped for. They did not inspire sales from other whales. And in no way did they add to the bottom line in any significant way. As a matter of fact their revenues went unnoticed.