Until a break out order if it ever comes from the new ring large enough for a 8K announcement or a new contract with another company is announced the SP will not rise.
Notice the extremely low bar that was set for LQMT to break and even in an earlier post I stated imo, revenues of $500 thousand for a quarter would not be sufficient to move the SP up.
Now take a look at the income from all sources: $587,000 for the quarter. But as you point out the bulk of that income is from other sources, investments and rent totaling $434,000.00 dollars.
Meaning although product revenues increased over 5 fold and is very good. It is still abysmal for enticing new shareholders and the fact that no 8K has been announced adds more uncertainty that future orders from the the ring company are certain. Zero admission of a reoccurring contract due to the fact that the ring company does not have all of its ducks lined up.
Aside from that , zero communications from TC & Co., and no new contracts going into it’s 29th month is not to appealing for enticing any new speculative shareholders. In fact imo, it is keeping them away and the volumes anemic.
It may be a good strategy long term, but short term it has and will drive the SP lower.
These opinions are backed up by the facts of LQMT’s way of operating. Whether that is their intent or not, the end results are what they are as the share price walks back down very slowly.
It is another reason why I say the SP means nothing, be it at 0.02 cents or a dime.
Contracts = real interest and not interest on investments.
Good luck to you.
