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PayMEmf

07/11/19 9:56 AM

#175528 RE: GracieAnn #175524

just a theory, why initiate the upgrade unless it serves a purpose, the company mentioned this was for future production which I agree. But it looks as though those plans got scrapped late 2017, rumors are that it was medical!?

I believe that all this is geared towards medical market, kk had to make a move, for the short term game, Tesla could be our savior with ramp up and changes coming to their production in coming months, hinge production for CE starts 3Q I would love to see this become revenue for lqmt along with asus, I’m just not sure that royalties will bring us to net profit!?

G_Major

07/13/19 9:39 AM

#175700 RE: GracieAnn #175524

When Professor Li made his initial investment, didn't he say that he had access to unlimited funds? Perhaps, his source of investment capital is tapped out and now his best strategy is to make LQMT profitable ASAP. In my opinion, It seems like LQMT is moving from a strategy of throwing money at the business until it becomes profitable to the old fashion method of actually earning money.

"It smells like an upgrade for business that didn’t materialize."