Liquidmetal Technologies Inc (LQMT)

[Liquid_Observer]

2) He agreed with the interviewer that it would be 2 to 3 years before any contracts would develop into revenue. This (simple math) means Oct 2014 thru Oct 2015 would be the starting point for revenues. NOTE: Steipp said, "WE BELIEVE" and not that it was certain. He also said, that this is what investors should be looking for - down the road, emergence of a disruptive technology.

Small correction but that was in response to "Significant Revenue" so in 2014 to 2015 we should have a large amount of revenue.

A better time frame is that he said it takes 1 to 2 years to go from prototype to production. We are about to hit the 2 year anniversary for the first prototypes in December. Which means we should be very close.

Also that was before the iGolf potential license was on the table. In the last CC Steipp promised us an update on iGolf and the spring prototypes this quarter.

3) Steipp, correcting the interviewer, said LQMT did not have just one million and a half in the bank, but that they (Oct 2012) had 8.5 million in the bank and were debt-free. It is now one year later. Steipp further said LQMT will run out of cash at the end of 2013. If correct, Steipp needs to find new funds before Christmas.

Latest update given at the CC was they have enough cash to last them through the end of the first quarter of 2013. Hopefully they get enough cash out of a iGolf license to push that further back and decrease the need for issuing shares for additional cash.

R/

Chris