InvestorsHub Logo

Barney Vissur

11/13/14 9:27 AM

#61439 RE: darknight23 #61428

Steipp doesn't want to make any false promises. I think he truly sees 4 new contracts next year...but nobody has signed on the dotted line. Remember, a TON, if not all (until recently), prototypes were made at Visser, whom probably doesn't have the most recent Engel machine (or never had an Engel machine to begin with).



DK, you're a great addition to this board and it's great reading your comments, and that is 100% spot-on. How is VPC going to manufacture when the latest iteration is at LQMT? Or what is they aren't even using an Engel machine? You saw those 4 Husky machines, right? If they borrowed to get those, do you really think they wouldn't have borrowed to acquire Engel machines? In other words, re: the tech cut-off with the MTA - how is VPC going to produce with the latest and greatest when they can't? That's IF it's to be believed that it's all "VPC's fault."

I'm not going to call him a liar, but read that last c.c. transcript or listen to it. The statement was "absolutely likely" to go into commercial production. If that statement was made based on LQMT doing the manufacture, then there's no reason for it not to happen - at least in some manner - 3 out of 4, 2 of 4. Hell, 1 of 4. However, if it was made based on VPC doing the manufacture and there was no provision or damage clause if VPC failed to perform their duty, then there was EVERY reason not to say anything because it was far too speculative based on how the relationship just crashed and burned. If you were a customer, how long would you wait for LQMT and VPC to iron out manufacture for you when they're bickering like irrational people going through a divorce instead of looking at the greater good?

If I was a company doing something or using something nobody has used before, I want to shine once it's announced. Unfortunate for the shareholder who has to remain in the dark and invest based upon carefully selected statements.



Think about that - you're again 100% correct, but just think about it.

And Hauck can't do it alone. Sometimes BS in an organization can be overwhelming and remember also that Kinetics was sold off by Freeport. The time was ripe for him to leave. To date, some very smart shareholders have been sold a bill of goods, would it be out of the realm of possibility if Hauck was also? We'll see, I guess, but longs deserve better - a lot better.