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Watts Watt

12/09/12 10:25 PM

#21860 RE: LQMTHOPE #21859

Yes, you did.

On the other hand, I have seen military contracts for research with Liquidmetal since 2002 (ten years) and none of them came to fruition. Part of this is due to the military having confidence in Dr. Johnson and his Caltech protoges in their excellence, but at the same time, being involved with KBG (Kang Brother Gang) with extreme lack of trust in the company management. And, of course, the normal cycle from product concept to prototype to field ready model can take from ten to twenty years.

So, if you are in your twenties or thirties or forties or even fifties, time is on your side. For those of us long term investors in our sixties plus, more time is a luxury we can ill-afford.

I have never sensed any sense of urgency in the current management.
In fact, Steipp once told me, "This is for the younger generations, not for you and me"

You can figure out what that means. To me, it is a total lack of sense of urgency for both completion and execution of revenues in the short term, which, for me, has always been totally unacceptable.

I actually expect Steipp's next delaying announcement to be that, "we miscalculated in putting all our eggs in one basket of injection molding...now, we feel we must now get into the area of blow-molding to enhance our future revenue products. Of course, this means we will have another round of dilution and will be seeking your approval in a few months at our ASHM, which we probably will up a few months earlier than last year, to catch you by surprise.