Sunday, March 09, 2014 9:27:28 PM
They don't have to...we speculate they will based upon their level of 100's of $$$MILLION$$$ in expenditures for R & D, testing and patent filings.
But there's no guarantee.
There is decent news though. After finally lining up commercial qtys. of alloys thru MTRN and a viable ENGEL add-on for Liquidmetal in-house production LQMT mgmnt. had the credibility and fire-power to close on a man of known stature in Paul Hauck.
In the 3/5/14 CC Tom Steipp stated that mgmnt. is pinning its hopes on Mr. Hauck to close deals for at least a few of the TWENTY-EIGHT outstanding prototypes under review.
" “2013 was most noteworthy in that we saw the solidification of our Certified Liquidmetal Partners program and the commercial availability of a standard injection molding machine from Engel and both beryllium and non-beryllium alloys from Materion,” said Tom Steipp, President and CEO.
“These events set the stage for our attracting a top industry sales and support executive in Paul Hauck, who will now lead the sales and marketing activities as we push beyond the prototype phases into full production of customer parts.”
"We believe that the addition of Paul Hauck, a 27-year veteran of the metal injection molding industry will allow us to take advantage of the recent advances in machine and alloy development and take our sales and marketing program to the next level."
"...over the last two years, we have shipped 28 different prototypes to customers which are in the process for are being evaluated at this point in time. And as I alluded to in the call, we have added I think a terrific resource to the team, a new guy by the name of Paul Hauck, who actually has a great deal of experience in technologies associated to this. And I think he is going to be a very instrumental in helping us drive to closure.
We (LQMT) are really good at the R&D discussions with customers....one of the reasons we brought Paul on is he is good at getting closure on these sales transactions and that’s certainly one of the items that we have outlined for him as he comes on board.
If Hauck can't close any deals this Q - and he goes Oh-for-28 ?
Well, we shareholders will be in a world of hurt.
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