Maybe an overstatement, but, in my estimation TC shot his mouth off causing another burst of hope for a stock that was ready to tank for want of nothing substantial for five years.
Hope and good theories of promised success have carried the water for most of LQMT's existance. Granted, Apple and Li gave it a hell of a shot of new cash, and, renewed hope for contracts, revenue, and profit. In between those five year spans stockholders were provided with glimmers of inevitable success through various mechanisms, but, never any "meat."
I'd guess that TC wanted to start his tenure off with a big blast and that is why he offered those words of promise last December. I think he is foolish if he believes he can do something less than deliver an Apple/Li like performance if he wants to keep the share price above water. I"m not bashing him or the company any more than normal but there are forks in the road of any journey and this 10K/ CC is one of monumental importance.
We have all lived our LQMT lives on a stong diet of hope, promise and patience. TC is playing with fire if he turns to BS rather than a stong balance sheet when he performs later this month. If he does the same old, same old, "keep the faith" routine he is going to lose a lot of folks, Maybe that is what he wants and maybe that is why Li put him there is the first place.
I sure as hell hope TC is where he is because he was put there to promote the success of the company. If there is no doubt of why he is there a person holding LQMT stock is in my opnion much too assuming. If I am left wondering about that after this 10K/CC I'll be heading for the hills with my shares.
I suspect I will not be alone.
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