Saturday, November 16, 2013 9:40:47 AM
It seems like a wild card is when/how the credit line is used. If it's just used to fund operations ( pay salaries, etc.; implied from Chung's CC comments) vs grow shareholder value through new partnerships, new channels to market, etc., then it doesn't sound very promising.
Ask yourself if the CEO is totally open with CFO on strategic plans, etc. Giving the CEO the benefit of doubt as knowing more than all, he may not be, or Chung might have been tasked to just find a way to keep things going for the next three years independent of other potential ( or no) other developments.
I still believe that more effort should go into convincing general shareholders that LQMT is an investment worth their time. it may not be.
But as for LQMT having crappy day, etc. ( Jollymon's question/comment), I don,t think they have them if the are guaranteed salaries, etc. for next few years).
If things are still slow to develop, maybe Steipp would be motivated to dumb his shares on a pump or what have you.
If Steipp cares about his reputation with AAPL and MTRN, my guess is that he has convinced the latter that things will work out to their timeline ( vs. necessarily general shareholders).
Recent LQMT News
- 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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM