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Watts Watt

04/12/22 10:12 AM

#223461 RE: Spartan #223460

Bryce Van told me shortly before he left that all of the cash of LQMT USA at that time was in US Banks, investments.

Wonder what the Master of the House has done with these assets?
Just what are they?
How Liquid are they?
What is the rate of return?

It is time to move beyond "What might be", digest "What is", and make some momentum by getting off the arse. Trade shows are not the solution. They are way too passive.

Steaua

04/12/22 11:49 AM

#223463 RE: Spartan #223460

Yeah, you are very good at adding up all cash and cash equivalents including ST investments over time..math is very complicated and you still may not have gotten that task done right ;)

Researchfyi

04/12/22 4:25 PM

#223467 RE: Spartan #223460

A very good overview with a little exaggeration of what occurred, occurs and will occur, when management of A company fails to increase sales instead of debt consistently.

When cash runs out? What happens. Anywhere from more dilution to pay bills to completion of selling the rest of it’s IP, trademarks and any other good will value and assets and closing it’s zoom call doors. That’s the risk all take when making this type of investment. It’s not like anyone bought in and there was ever growth in this company to the tune of 50% and higher year over year consistently.

That’s why anyone seriously In this should discard the hype and pay very little attention to the carrot in front of the horse speech given by Bruce Bromage in 2020 and pay more attention on what LQMT actually did and what they are claiming to do in that rare moment in which they ever do succeed.

From a historical perspective its more IF then WHEN. From a current perspective there is no IF or WHEN. From a future perspective LQMT seems to be putting an external infrastructure in place to supplant the domestic one they planned on having when they first had visions of grandeur at LF CA. To make the IF look more like WHEN.

You make very good points in your picture of how effective or ineffective present management has led LQMT for the past five years. Those numbers reflect what I think everyone may already know.

They do have revenues. They are existent. They just don’t exceed the operating expenses. They do have prospects in sight. There values are always unknown until a deal is made and products are shipped. They just have a zero timeline in sight for any prospects to come to fruition. All of which does not do any shareholders any good IMO.

Watts Watt

04/13/22 12:19 PM

#223491 RE: Spartan #223460

I guess that today also is not the day, and the cash is still burning with a glow.

After 20 years since the IPO, LQMT Valencia is still not even able to stand still.

It has continually chosen to go backwards rather than forward, eating its legs while it does. Suicidal much?

Also, Lugee Li has made a strategic error in not making redundancy of production OUTSIDE of CHINA.

He is paying DEARLY a price for being totally dependent upon his CCP resources in CHINA.

This violates even AAPL's requirements of redundancy.

Not a business man at all and out smarted by his own CCP's COVID 19 which is eating Lugee Li alive.