Without any new spin announcements from a PR or actual contracts to promise growth if it does hit 0.04 or above it will not be sustainable.
I just thought that the revenue reported based on the low bar for the quarter would spike a little more interest that’s all and not a new trend.
As stated in one of my recent posts, although the revenues have climbed each quarter for the last three quarters and are anemic. They still are down, less than the revenues reported for the same timeframe the previous year.
So no, fundamentals have not changed unfortunately and the trend to move lower is always on the table for LQMT as management has failed to announce any new contracts for 22 months now.
I know there are reasons for using up time allotted to file a 10Q. But why LQMT maxed out the time for reporting 3rd quarter revenues ending September 30th, is beyond my pay grade, which in my case is about 3 cents.
Good luck to you.
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