InvestorsHub Logo
Followers 10
Posts 1369
Boards Moderated 0
Alias Born 04/20/2012

Re: None

Friday, 08/17/2012 2:42:18 AM

Friday, August 17, 2012 2:42:18 AM

Post# of 233540
First question from Conference Call.

Questioner: Hello Tom how're you doing today.
Tom Steipp: Hello, doing well.

Questioner: I wanted to congratulate you on this uh, last quarter. I've been um, watching you guys from a distance for quite a while and it sounds like you're finally turning this ship around. I wanted to ask, how many uh, injection molding machines has Visser contracted to purchase?

Tom Steipp: Uhhh.. You know.. We've Uhhh. made a specific decision not to comment on how many they've uhh,uhh elected to purchase or uhh, when when they'll be here. Uh, you know, part of that is, these are uhh, you know these are uh.. machines which are not yet delivered. So, until we actually get them, uhh you know, we don't want to make that commitment. but it is safe to say, that they've uh, you know they've purchased you know more than one. They've purchased uh, a number of them, or or should I say, put a number of them on order. and uh, we believe that uh, where we are at this point in time, is that uh we're really not impeded by the uh the technology. Um, but certainly having umm, Visser make additional investments in machines is going to be helpful for us. Uh, you know we're continuing to put out more and more prototypes uh and as uh, you know, over the course of the next several of months we would expect some of those to get turned into uh, you know, more traditional production runs and and obviously that's where we want to move the company toward.

Questioner: Can you elaborate upon how long it would take for the uh shipment or delivery of those machines to take place?

Tom Steipp: Uh, I can tell you that they're targeted in this fiscal year, but you know since,you know, this stuff is all relatively new, umm, you know, we're not giving any specifics on when they'll be here. Um, you know, It's all subject to their availability and uh, you know there's, when you haven't bought that many of them there's always question marks. We'll give you an update probably next quarter as to where things are.

Questioner:
Thank you very much Tom, have a good day.

Moderator:
Does that answer your question?

Questioner:
Yes sir, thank you so much for the opportunity.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News