Replies to post #4142 on Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

UPDATE TO POST

It appears that I erred. At the time of the Sep 10 MTA agreement and the run up to 1.76, I think it is safe to say that the outstanding shares was 80 million, not the 43 I first reported.

Therefore, the dilution since then has only been two fold.
This would mean, then, that an equivalent to the. 1.76 run up would be about 83 cents in terms of today's 160 million shares.

Accordingly, I would say that we are only half-way (41 cents) on our way up to the equivalent 88 cents peak of the Sep 2010 run up.

This is why I think we will, inspite of some necessary pullbacks, see a continued run up to the 80 cent level in the coming months, if not weeks.

Thanks. Then this confirms to me that 47 cents run up on Friday is equivalent to the $1.76 run up in Sep 2010 when dilution is considered.

Does that make sense to any one else, or what am I missing in my thought process?

At any rate, I believe, as stated earlier, that the reality of a substantial component being used by apple is a lot greater today than sep 2010, so I expect a further build up. If only because the longs deserve it and need to steal back all of the victories of the shorts the past 9 years.

Perhaps more important, as Full4God pointed out, LQMT, independent of any Apple transactions, is making progress on its own business unrelated to Apple and will see profitability in the third quarter if expectations laid out in November come to fruition.

So far, Steipp has delivered on all of his conservative and sotto voce projections. I think the number significant customers in aerospace and medical and the corresponding backlog of substantial orders has been understated, which is characteristic of Tom Steipp
It is easy to see how Apple would want to deal with such a person as a partner into the future. Again, Apple does not build short term relationships with its suppliers and technological consultants.

Warning to Shorts: Don't say "Niagara Falls" whenever you talk to Steipp by Steipp. You may get clobbered by a bunch of long term shareholders.