Replies to post #60749 on Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

I.

Watts, I don't think there are any high hopes at all. I think there are better expectations - from what you all said - Jelbert, Hauck, etal appear solid. I do think that Hauck is the push on how to optimize manufacturing and margins, though. From what you all said of him, before he heads out, he has to have a good foundation of margins and ability to meet production targets.

I concur with your reasoning.

II.

I read the lease agreement, though - the real one, not the one from the financials, and the property is zoned for manufacture and the lease permits it. I found it all with the Orange County Clerk's office online. I couldn't find any permits for installation and wondered why - they didn't need them if they had the zoning.

I accept your assessment here. Thanks. However, unable to answer your question re: installation permit.

III.

Machine Designation Clarification:

The model E100 (100 meaning long tons) and the model E110 (110 meaning short tons) are exactly the same machine.

a)

1) The British ton is the long ton, which is 2240 pounds, and the U.S. ton is the short ton which is 2000 pounds.

Both tons are actually defined in the same way. 1 ton is equal to 20 hundredweight. It is just the definition of the hundredweight that differs between countries. In the U.S. there are 100 pounds in the hundredweight, and in Britain there are 112 pounds in the hundredweight. This causes the actual weight of the ton to differ between countries.

2) To distinguish between the two tons, the smaller U.S. ton is called short, while the larger British ton is called long.

3) There is also an third type of ton called the metric ton, equal to 1000 kilograms, or approximately 2204 pounds. The metric ton is officially called tonne. The SI standard calls it tonne, but the U.S. Government recommends calling it metric ton.]

b)

In terms of the Engel Machine, then the comparison is made between the American or short ton and the Metric ton 110 short tons or 100 metric tons, which are equivalents - they both generate the same amount of force. So the same machine is labeled two ways: as the E-110 in the United States, (because the short ton (2000 lbs) still lingers on). However, in Austria, Europe and the REST of the METRIC WORLD,
The E-100 is applicable, as the METRIC TON PREVAILS.

c) I have never seen, heard or read about any such E120 machine being used for liquidmetal.

Steipp was emphatic upon LQMT management sticking to the current size machine for the foreseeable future.