there were a few misrepresentations in the presentation.……
The below 2 are actually not misrepresentations. Have others in this presentation that are misrepresentations? Not sure of the relevance until or if they make money anyway.
2015 "prototype volume and manufacturing?" HUH? Which company are they talking about. Did I miss something?
The Company they are talking about is LQMT. It says in the financial statements that there revenues were limited to manufacture of prototypes. In fact. it would be more helpful to the stock price if they BS'd. and said they were manufacturing parts but it says prototypes. Anyhow if you read it you'll see it there - a few times.
"The Company’s revenues are derived from i) selling bulk Liquidmetal alloy products, which include non-consumer electronic devices, medical products, automotive components, and sports and leisure goods, ii) selling tooling and prototype parts such as demonstration parts and test samples for customers with products in development, iii) product licensing and royalty revenue, and iv) research and development revenue. The Company expects that these sources of revenue will continue to significantly change the character of the Company’s revenue mix." if an investor at those conferences doesnt look at the financials and just buys in on what was said theyre dumber than dumb. All they need to ask how much revenue and who is going to say there doing anything more than prototyping?
And the 63M from EONTEC? NOT A DONE DEAL AT ALL.
The presentation is from June 2016. The deal was supposed to close on 8/17. It didn't. At that time it was not a misrepresentation if they expected it to close.