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Spartan

03/09/15 11:06 AM

#65790 RE: bobroo #65789

Yes, and it will take 3 injection molding machines running at capacity before being able to earn a profit.

A single high volume contract will get LQMT to the promised land of earnings instead of cash burnout.
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DMN

03/09/15 11:13 AM

#65793 RE: bobroo #65789

Yes, that was a very bold statement from Steipp, and honest. However, if they get some contracts going they can extend the life of their cash. Oh, wait a minute, there are million dollar salaries to pay.

I am embarrassed for Steipp. He is earning that kind of money, and really doesn't know their business or have a business plan (trial and error doesn't count). This company could really take off with out his and other "execs" greed sucking the life out of the company.