Replies to post #39784 on Liquidmetal Technologies Inc (LQMT)

[riese713]

Arbitration - any buyout opportunity will be awaiting the outcome of the arbitration hearings.

I thought it was interesting in the conference call Steipp mentioned they are now "in arbitration" with Visser, "Finally, we filed a voluntary 8-K for the sake of transparency on November 1, 2013, indicating that we have a disagreement with Visser Precision Cast over a number of issues relating to the agreements that we signed with them on June 1, 2012. At this point, we are in arbitration." See the transcript of the conference call below:

http://seekingalpha.com/article/1824802-liquidmetals-ceo-discusses-q3-2013-results-earnings-call-transcript?page=2

The 8-K stated, "The Company further believes that either it or VPC is likely to initiate a binding arbitration before a single arbitrator in Denver, Colorado under the procedures specified in the June 2012 Agreements." Reference below:

http://biz.yahoo.com/e/131101/lqmt8-k.html

So it seems we have progressed further than the 8-K filed on the 1st of November and are actually in the arbitration proceedings. I have been in arbitration versus an employer before (years of litigation to get to that point) - mine took one day and was not binding - we reached an agreement. Obviously, this arbitration is more complicated than an employment dispute and binding, so the arbitrator needs to review all contracts/documentation/facts before reaching their decision.

This should not take too long though - weeks, month...would not be surprised if this is concluded by the end of the month or December.

If I was considering a contract with Liquidmetal or a buy out, I would certainly want that unknown eliminated so as to see if there are further liabilities associated with this outcome for Liquidmetal or if the outcome is favorable.

Interestingly, if Visser did in fact blow contracts for Liquidmetal, there may be damages awarded in the amount of any missed opportunities.

A favorable outcome for Liquidmetal could be a catalyst for a nice pop in stock price and we may get more information on the contracts in question that Visser supposedly blew.

The good news I gleaned from the 8-K filed on November 1st is there were "customer orders won" by Liquidmetal...from the 8-K: "VPC has been difficult to work with, has quoted non-competitive prices to manufacture products for customer orders won by the Company" So there is interest out there for contracts by potential new customers.

It will be interesting to see how the arbitration plays out.