InvestorsHub Logo
icon url

Spartan

07/12/21 2:00 PM

#215069 RE: Watts Watt #215068

"This is clearly not an Apple 30,000,000 transaction."

I have doubts that a medical device company would lay out that kind of cash to purchase machinery and then fund the labor and infrastructure needed to begin production. Would be much more cost effective to contract out the parts.

$30 million would get you maybe 100 machines? With multi-cavity molds this could reach hundreds of thousands to millions of pieces per year.

If this story is accurate then something big is going on.
icon url

PatentGuy1

07/12/21 3:31 PM

#215077 RE: Watts Watt #215068

Either way is fine with me provided LQMT gets (substantial) revenue.
icon url

Dell_Griffith

07/12/21 7:10 PM

#215089 RE: Watts Watt #215068

This is a large medical company which is having trouble with SS and titanium, and they have elected to go with LQMT after much testing.



Wait a second, you think they have a deal in place???

I think those machines go for 1/2 mill to 3/4 of a mill, at most. Thsts still a lot of machines, if that's all true.