New to the MB, It is actually a good thing they did away with the coatings side of their business. Revenues on the coatings business was at a minimal and the company was incurring more debt from maintaining the equipments to keep it running. I believe Sheipp did the right thing, by cutting out that side of the business, it reduced their debt by 13million. I could be a little off on the amount but it's close. Company's main focus now is on injection molding and I believe they are heading in the right direction. The numbers this friday isn't as important. What I'm hoping to hear is that parts are being shipped on a regular basis, excitement about progress being made, possibly some names of companies that are taking orders. Lots of positive events happened in the last several months, materion, engel, Visser etc.. I have faith that Sheipp can turn this ship around and I'm thrilled to see what's in store for the remainder of the year. Don't normally pay much attention to penny stocks but LQMT has enormous potential. GL to all.
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