Replies to post #231548 on Liquidmetal Technologies Inc (LQMT)

[bobroo]

Did you buy shares of MTRN when that was a focus LQMT investors?

You could have a whole portfolio of past LQMT side plays, I'd call it the Reoccurring Bad Dream.

[chipboarder]

For background, I was an early investor in GTAT but I managed a significant (>100%) gain before it imploded …maybe my opinion should carry minimal weight. MOVE is in the process of trying to manage a “tiger by the tail”. It’s a tiny company with a very large cash burn rate (roll out advertising and scale up). Their stated goal is to reduce their cash burn rate by 40% in 2024….not good. A huge problem would be to grow from $1 million to 10 to 25 in a year. They lack the capital and management resources to pull it off. There will be many more rounds of funding (dilution) and there is always the possibility of an adverse APPLE reaction to gum up the works.

I have enough “nail biters” for now.

[LQMTinvestor2018]

MOVE seems like a dilution nightmare. Bad time to buy I think.