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Stocksgreen

03/31/12 9:12 AM

#3010 RE: Barney Vissur #3008

My view...as I stated before the earnings I expected the Rev to be around 500K it was little less but I didnt expect much there as we just started shipping in December. Its seems that the machine is almost ready for mass production and that will be the key to really start growing the Rev as we will need more machines in the outsourcing facility. I like the fact that Visser actually build a facility and they are the ones going to pay for machines and lets not forget they lent us so far $400k....this shows me they think they can make lot of money in the future making LQMT products. There are people here posting how crappy the earnings were. If anyone was expecting a big number in Rev they didnt do their DD on this company. We are almost like a start up company with a great product and a great future.....I think the Rev is going to go up at a steady pace and once an order of the new machine be put in the Rev will accelerate. I think ether by year end or early next year we will be a profitable company. From the sound of it the business is lined up we just need to come to the point where we can make the product that we have demand for. If we do happen to have a big pull back I will be buying lot more!!!
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cordedpoodle

03/31/12 11:19 AM

#3015 RE: Barney Vissur #3008

There are two immediate questions in my mind:

How much cash do they have on hand? (Do they still have some Apple bucks in the bank?) Does anyone know?

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What will happen Monday?

I'm inclined to think the stock is going to take a hit. Longer term it will depend on question #1. My guess is that their backers will not let them fail when they are so close to the finishing line. However nothing is cut in stone. Apple does have what it needs other than molding machines.

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One thing I find interesting is the minimum $100 per part item. Certainly the simm pin in the Apple phone cost no where near that, and they made millions of them.