They said they had triple the demand then what was sold. So I don’t know exactly if they are waiting for fda approval other than to iron out existing issues which was mainly $$$ to fulfill orders for manufacturing. I think they admitted that the demand exceeded there expectations.
I hope their relaunch is successful. It would be a big help for marketing with FDA approval. They now have the resources to meet greater demand.
They have a very qualified team to make it a success. Any success using LQMT’s IP and process from LL abroad should benefit the shareholders of LQMT.
Basing what LQMT reported during 10Q4 see the 10K, LQMT could see revenues increase $300,000 to $1 million plus this year from ring sales. The potential for LQMT to rise on increasing ring sales should be enough to raise the pps above a dime if the sales take place.
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