The only numbers that matter are the numbers going forward. Where are they? The report reads like this...
PRESENTLY:
!!!LQMT, We Restructured!!! Really? All they did was go back to the old OH format before they moved into the new LF OH in LF, when they outsourced manufacturing.
!!!LQMT We Increased Manufacturing Capacity a zillion fold.
GOING FORWARD.
We have not found an existing single customer yet to increase demand nor have we found any new customers out there that have orders to increase shareholder value, raise the SP, increase revenues to take advantage of our new zillion fold expanded manufacturing capacity.
We are still using the same failed 20 year sales and marketing strategy to find new clients.
Instead of investing over $7 million to produce results. We now have invested $15 million. We doubled down.
So where there was once hope of imagining a light at the end of this tunnel and a way forward. Now one has to imagine that there is someone out there above who will also have the imagination to find the LQMT tunnel opening to rescue all out of this abyss.
Somehow from reading the current report and going forward the numbers are not adding up and the present executive team looks more and more like they have lost their abilities to lead us to success going forward.
Li, when you get out of quarantine. Your shares and your shareholders await your brilliance, patiently.
Good luck to all in LQMT. Is there anybody out there?