Liquidmetal Technologies Inc (LQMT)

[tigerpac]

You'll need revenues too.

A $1 stock price implies a market cap of $142 million. Now for a company that had revenue of less than $200K last quarter, it's very unlikely that you'll see $1.

The money that the company has in the bank right now will go to paying it's employees and maybe a few of it's most important vendors plus the landlord. I would hazard a guess that stock is being offered to some vendors in lieu of payment. Management gets to keep collecting a paycheck.

<This now has everything it needs to get the stock price to a dollar...except a formal announcement of a PAYING customer.>

The company has sold it soul to the devil in order to stay in existence. Now I don't mean that Visser is the bad guy....he's just the guy who wound up cornering them. LQMT will continue to issue him shares for as long as they possibly can, especially if they can't pay him on his terms. Death spiral financing is a perfect name for what's going on IMO.