Replies to post #9632 on Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

You posted:

CC raised more questions than it answered.

This is normal for a LQMT conference call.

Why did the Visser deal fall apart back in February?

Probably because he noticed that Salas and others had announced stock sales and the stock was plummeting and it made him think, "Sheesh, this is happening when they are trying to sell me something? I think I can get a better deal"

June 28th was mentioned more than a few times about closing some deals with Visser....does this mean that Visser is waiting for shareholder votes before signing off?

No. It means that the BOD has directed management to use that as leverage to influence shareholder votes who only see dilution.

More financing needed......for what? Timeline for this year, six months gone and no product, and it would take six months to get another Injection molding machine from Engel.

It basically means they are one year behind the schedule:
If they were on schedule revenues would already be ongoing and headed toward breakeven of $1 million per month. But no mention was made of projected revenue stream from the 3 customers. This is an indication of both the past history contaminating present sales calls and the inability of our engineers to relate to other engineers and their management to close the deal, even after 6 to 8 months of testing and evaluation
http://pix.am/dCoz.png


Basically, 2013 will show whether the 3 customers are buying or not. Also, since we are behind schedule, we need to be evaluating our sales effort and we probably need not only a well educated sales engineering team, but one that can speak with confidence and not pull out old deals from 8 years ago that failed as a basis for promoting new sales. Pretty elementary.