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Metal Jockey

04/26/20 6:05 PM

#190667 RE: DMN #190663

Agree. To my knowledge LQMT debt has been on a decline.

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Researchfyi

04/27/20 12:46 PM

#190694 RE: DMN #190663

Well, so far, as LQMT CEO, Li has not made any public statements regarding any progress on sales or revenues since the OH of 2017. A lot of miscalculations By BB & Co. costing millions in lost cash led to Forced layoffs and a costly restructuring plan to manufacture. But not a plan to manufacture parts by virtue of new sales, increased sales or new contracts.

Thus administrative costs may exceed revenues.

There is a very small window for increased sales from August 2020 through April 2021. After that I'm afraid its over.

Good luck to you