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Monday, April 29, 2024 11:08:27 AM
It’s a huge problem when contracting with companies who may not have the financial means to incorporate a more costlier material. Another huge problem imo, is relying on a company abroad to fulfill any customer contract orders. In this case if the government of China shuts down the amorphous metal industry for a specific customer then LQMT could be in serious trouble along with the value of all who roll the dice.
The move to manufacture in China from the USA is just as important a factor for a company to do business with LQMT. Just as waiting for a high volume order to be filled. There are no back up manufacturers in this case. This makes it imo, more difficult to obtain contracts. You can ink a deal but there is no control to fulfill it.
Another reason why deep pockets avoid doing business imo.
I think the same scenario played out with the ring. But now with financing there is a possibility for that company to grow and orders increase. The success is now like Zyris, it’s up to movano to succeed.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- 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
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