Annual report gives the FTE (full time employee) count at 25 in December 2018. The 8k that was released recently stated that they would lay off 15 of those FTE’s which would take the FTE number down to 10 plus or minus any addition or attrition from January 1st until the filing of the 8k. The “30’s” number that is thrown around here on the board is what people view in Linkedin which is NOT accurate as some former employees have not updated their LinkedIn profile with an end date to their employ at LQMT yet they updated their profile with their new employer which shows them working at two places concurrently (not the case).
In regards to “contractors”...who knows as those numbers are not reported but are just factored as an operating expense. I know they use headhunters and staffing agencies but to what degree...unknown
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