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Stocksgreen

03/31/12 9:21 AM

#3011 RE: Stocksgreen #3010

Also dont forget they got rid of 15mill of debt. They scheduled an SH meeting already for Jun 28.....Tom really has us running like an real company now!!! If we just do 10mill in Rev for this year that will be an 900% increase year over year and we will be or very close to profitability by then. IMHO this is a great time to get in to a very promising company at its bottom!!

Stocksgreen

03/31/12 9:22 AM

#3012 RE: Stocksgreen #3010

Barney Vissur

03/31/12 11:31 AM

#3016 RE: Stocksgreen #3010

I'm not denying there won't be profitability in the VERY near-term future. It's why I posed the question as to when those items were actually shipped. Quite honestly, if they were towards the end of December, they will be in the green very soon, perhaps q3 or 4 2012 imho. Why? Because 12 mill in sales or 1 mill a month is really a pretty low number to have to meet when they already did 250k in the first month of shipping product.

Steipp knows things are tight, but he sold them ALL - Materion, Engel and Visser - that Liquidmetal has a cutting edge product that they can all benefit greatly from...the partners he sold on it just have to front most of the costs for LQMT. Think about what a sales job that is??? It's actually pretty amazing, but our CEO is obviously a pretty bright guy just based on his credentials so he's not selling them a bill of goods, he's selling them a product that will make money because they had every opportunity to pull the backing if their own engineers saw flaws with liquidmetal, but they didn't. They saw opportunity and you can bet that's what Steipp sees and why he's here.

I am also with you - if people got in for Apple (there was always the outside chance there was something there), but I haven't bought in BECAUSE of Apple, I have bought in and have been buying in because of what I've read about the product, Steipp and all the other great DD surrounding this (the specter of Apple did loom, but I always felt there was zero guarantee on that)...people and firms moved out by Steipp and co. didn't hurt either.