It is information like this that supports iateclube’s point of views very accurately and many others as well.
For years now around the www there seems to be a feeling of something positive that somehow images of products once posted on LQMT’s website and used in promoting the same amorphous metal products in China and elsewhere would somehow link to LQMT USA a revenue stream.
Of course all know by now after 7 years of this and these posted products that no such thing has ever occurred. All of these well wishes and positive theories are quickly dispelled by LQMT in LF CA itself, by just reading the 10Q’s 10K’s and 8K’s.
Any $$$ from any of these pictures posted abroad or sales from any contracts abroad outside of LQMT’s footprint as defined in the agreements with Eontec or their partners and the so called overhyped and theorized maze has not ever resulted in adding to LQMT’s financial bottom line.
In fact it is easier to count the pictures on LQMT’s website that have resulted in any new revenues. Two of them that come to mind are the Bridge Pins and the other are the watches from the Swatch Group.
Potentially you read of others abroad manufacturing and selling foldable mobile cell phones using the Liquidmetal technology developed here in the USA and using a process that may have been developed abroad. But you see no new revenues from any of these product sales reaching the shores of LQMT in California.
The simple reasons for this probably can be found in the LQMT/Apple agreements and the LQMT/Eontec agreements.
Yes it is true that there are sales and unverified claims of sales by USA accounting FASB rules. But none of it has ever added to LQMT’s bottom line. Though it has added to a lot of hype hope and wishful thinking so far. It is as of today the only positive worth it has had. In effect it adds to FOMO and becomes a replacement for the actual silence and in my opinion, disrespect from LQMT.
The lack of communications. The feeling of no transparency or regards for shareholders outside of LQMT.
I’m sure they have their reasons. That too is why some hold onto their shares.
Good luck to you.
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