Tony getting $240K per year no matter what. Pretty good deal even if stock price goes nowhere.
YES AND LI, WHO WAS NOT TAKING A SALARY AS CEO, STEPPED DOWN AND STARTED FORKING OVER 240K AND IN ADDITION GAVE TONY 7.5 MILLION SHARES. IS THAT THE MOVE A COMPANY GOING NOWHERE?
As for decades of patience? Complete BS. Either the technology works or it doesn't. If the claims of economy, precision, surface finish, etc were really true then companies would beat down Tony's door and beg him for products.
MANUFACTURING CAPACITY HAD ALWAYS BEEN THE HOLD UP, NOT THE PRODUCT ITSELF. THIS IS EXACTLY WHAT LI HAS DEVELOPED OVER LAST 6 YEARS AND NOW WE ARE STARTING TO SEE SIGNS OF LIFE. CM YIHAO PREDICTED 250 PERCENT GROWTH FOR LQMT USA IN 2022!
Golf clubs? History of shattering.
Early formulations had beryllium - toxic substance.
A single mold for a part costs at least $50,000 to make.
Miltner Knives - had to be recalled due to quality issues.
ANYONE SERIOUSLY FOLLOWING LQMT WOULD KNOW THE GOLF CLUB ISSUE WAS RESOLVED YEARS AGO!
Availability? How many CEO's of large companies want to gamble away their mega-million dollar salaries on a penny stock company? Does Ford or GM want to rely on a tiny company for critical components?
WE KNOW FIR A FACT GIANT TESLA, AND HUAWEI ARE ALREADY USING LIQUIDMETAL IN THEIR PRODUCTS. YiHAO HAS REPORTED COLLABORATION WITH GOOGLE, MICROSOFT, AND APPLE.
I'm a believer in amorphous technology but LQMT doesn't have the gravitas to attract huge contracts for critical components.
TELL THAT TO HUAWEI WHO IS ALREADY IN MASS COMMERCIALIZATION OF LIQUIDMETAL PARTS FOR THEIR FOLDABLE PHONES.
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