Liquidmetal Technologies Inc (QB) (LQMT) News

Does this raise more questions…

https://www.investopedia.com/terms/s/sec-form-s-1.asp

Great post! Great find!

Now I have to read.
And the sad part….its a dice roll under a nickel with enough material comparable to a mega cap.

Who the heck put a fire under IB’s and TC’s seat?

Thank you TC,

Guess that question was answered…

Researchfyi
Re: None
Tuesday, 11/19/2024 1:44:38 AM
I raised this question before. I always thought LL paid $63 million for 405 million common unrestricted shares per each PR and filled documents. How the heck did these shares become restricted stock? Restricted stock is not bought. They are granted. Restricted stock normally do not have voting rights until vested.
What the hell is going on then?
What am I missing here? Anyone?
Hmmm 🤔????

Researchfyi
Re: iateclube post# 233608
Tuesday, 11/19/2024 11:12:47 AM
Well I’m inclined to look into it further with a more knowledgeable authority regarding this curiosity. I would rather see the company just spell it out in an executive blog update.

There always seem to be negative clouds surrounding this. It’s easy to tell when no one to my knowledge who are positive or bullish has posted about these shares as noted in the off market transactions.

Absolutely no curiosity how shares sold to a non citizen abroad and held in Hong Kong went from a misunderstood purchased status of non restricted shares to a granted status of restricted shares with zero time mentioned for vesting rights to allow for voting rights.

Being no legal scholar, one would think all would want to know just what the heck is going on.

My way of thinking is when out of ignorance, something looks suspicious, it could be something or it could be nothing. Always keep an open mind.

I think if the stock hit 0.50 cents today, no one would give a rats A$$.

Now, all I have to do is go review the filed answers.

Thank you TC.

I think Chip has all the angles covered. Hmm 🤔

This may have a simple explanation…If, when setting up the arrangement with Pong et al the fact that the shares were “restricted” popped up as surprise which could limit their use as collateral etc. it was further determined that ALL of LL shares were restricted so paperwork (S-1) has been filed to convert all the shares to unrestricted resalable shares.

Occam’s Razor

Could be fait accompli!

Maybe.... since all the warrants are now gone ...converted to common and being offered up but at what price and to whom? The pps action does not appear to be feeling much selling. So would this be a bullish sign that not much selling is a result of things about to happen in the midterm or so. And will those selling converted shareholders use those shares in some offer from a client or prospective client or partnership? Are we in an oversold condition with a real bottom being closer to the price when Pong bought those 100,000 shares from his own pocket? Was that a headfake or hint of things to come? I guess time will tell if such speculation is near target or way off. It's late, better stop rambling. For certain I am no decoder only offering up some requested specuation as the clock rolls around and the wine box goes dry. Good weekend to all.

I’m really confused about the “Pong” thing and how it all fits together….I was originally thinking that transferring the shares to Pong et al was a way to create offshore assets (in the US) for future use and that still may be true.

Why agree to transfer them at an inflated price? If the transfer has zero gain/loss, does it avoid some sort of tax scrutiny in China? Everything has a purpose but I can’t figure the angle. If Pong defaults on the promissory notes, the stock reverts to LL but does it mean it’s in the US or China?

It appears that we are 2 moves into a big chess game where the next 7 moves are predetermined and we are spectators with no clue as to the next move.

Impossible to say it’s good or bad…..I’m inclined to say it will be negative initially but then get better as it plays out. One thing for sure…nobody is going to dump a 10 million share block without crushing the price so they just won’t do it.

400+ million shares at $0.045 is less than $20 million so I’m thinking it invites an offer from a specialty metals company play the “white knight” and we end up as part of Materion, Allegheny (ATI) or Carpenter. Big issue is the Yi’an connection since we have nothing if we have no manufacturing partner…second issue is the patents are getting old and the manufacturing process knowledge is held in the form of “trade secrets” that they don’t want to share (which is why we don’t have a domestic manufacturing partner). Apple has the process knowledge but I really don’t see any advantage for them from a relationship.

Way more questions than answers!

Maybe they already have a buyer lined up..

Does this suggest it’s bad news? Think we need to worry about our share value falling of a cliff

I was wondering why we had several 2 million share days in the last week or so…big % drop on those days and taking several days to recover and then happening again. Obviously a leak but not really many shares in the total scheme of things.

Nobody is going to enter a sell order for 10 million shares but “perceived overhang” can have a real dampening effect on any demand.

It may attract the attention of a Materion or Allegheny or other specialty alloy companies

I was wondering why we had several 2 million share days in the last week or so…big % drop on those days and taking several days to recover and then happening again. Obviously a leak but not really many shares in the total scheme of things.

A lot to unpack here, will have to come back, but the LL and LQMT HK holdings somehow now are more than 50%???
Sure looks to me like the controlling interests are wanting to unload. Now that is interesting, and not surprising. What is the silver lining for us, one wonders.

This is a prospectus to sell all the shares owned by LL and his friends to anyone at “market price” Looks like we are searching for a new owner…or

They don’t have to sell any or they could sell all…It may be just to convert “restricted shares” to “resale shares” that could be sold sometime in the future.

An optimist could say that bullish news is coming and they want their shares to be marketable.

A pessimist would say it’s the second step in the process of “cashing out”

S-1 ::: https://liquidmetal.gcs-web.com/node/12081/html

Care to decode and speculate?

Interesting viewpoint….if you consider LQMT. (and MOVE) to be single product companies…which is a good approximation, one can use the 10Q’s to develop insights into the goings on.

LQMT revenues starting in Q4-2023 for the last 4 quarters go from $108k to $173k to $242k to $316k.
LQMT Cost of Goods Sold tracks at …..$89k to $134k to $187 to $239.

COGS is composed of the transfer price from Yi’an Technology plus a few adders (allocated costs and profit) from LQMT Valencia.

MOVE is more difficult….we have visibility for unit sales but no idea what the inventory pipeline looks like so developing the number of units actually produced (and billed) is impossible. That would be useful.

Still crunching

Aside from what you just accurately outlined. Who the hell is trading in this abyss daily?

Even if the volumes are anemic. It seems like the MM’s are playing solitaire. I can understand the sells. But on what inspiration are the buys.

Remains a mystery to me.

I think it is a mistake to look at this company as a normal U.S. publicly held entity, with the bizzy school obectives of growth, profitability, and accountability to shareholders. That is not the reality we see every day, faithfully recorded in the numbers, as the Chinese make use of the brand and IP. Seems to me the objectives of the controlling interests are not in sync with Valencia and it's general shareholders. A better analysis would be to figure out just what the LL, the politburo, and the CCP are going to do about it.

I hope your daughter has a better outcome. Please keep us updated.

It’s probably a sign of my age. Growing up many years ago, it seems the products made and the technology available had more integrity back then.

A small example is the integrity of the landline phone vs the cellular phone, when used to communicate voice. Analog washers and dryers and dishwashers vs digital ones.

People today knowingly or unknowingly are forced to settle for less integrity in the name of advancing technology or customer service.

Heaven forbid one demands accountability. To do that you need to be either educated, rich or have luck if you are lucky enough to get through an automated system or a human being without tunnel vision to resolve an order or product issue.

The ring may have its faults. But it does appear they are trying their best to rectify those faults with a very friendly customer service policy overall to learn, improve and help build a good relationship with their customers.

Truly amazing, when you consider very few companies today, offer that type of service.

More stock authorized for financing activities? Looks like the company is gearing up. Hope those gears have liquid metal and don't rust.
On another related note. I bought my daughter an Evie ring.with the Black Week discount for $219...She should get the sizing kit in a few days. Should be interesting her experience with it.
The ring website is pretty good with good helpful instructions, and their marketing is impressive with automatic follow up. With the app one can download any new updates for the ring.
I like their exchange program as well. They seem to be doing things much better.

Read page three.

Okay what's this 10K all about?? https://liquidmetal.gcs-web.com/node/12076/html

Would be nice. There’s plenty to choose from…

https://www.liquidmetal.com/medical

Just scroll…

Christmas comes once a year. 

Eontec and others are expected to open CE markets incoming 2025 expansion.

We still have time for a Christmas surprise...maybe a birthday gift 1Q25.

My wife’s Fitbit charge 3 from 4 years ago started to not hold charges anymore and the led was too dim. Bought her a charge 6 this summer and the charge last 7 to 8 days. She wears it all of the time and the screen brightness is fantastic. The last charge was done Saturday and the charge as of this post is 53%.

Absolutely agree…the battery/charging system must be addressed in total. The battery technology is very well established so perhaps the focus should start on the charger and its recharge requirements.

An aside…my wife and I have identical FitBits, purchased at the same time/same place. Her battery life is 2 +/- days and mine is 5. We have 2 charging cables and switched without success. Checked whether “notifications” is turned on and the answer is “no” etc. it can be frustrating to say the least.

Excuse my ignorance but I’m not understanding the point being made as it means nothing for LQMT increasing its revenues.

And as far as golf clubs go. LQMT only gets 6%. Since that agreement, which happens to be the last 8K agreement for revenues of any kind almost 3 years ago. I don’t see anything by way of fees or licensing that has translated into any revenues to jump up or shout. Those limited pong companies were just created to enter into a off market restricted share purchase.

the guy who posted that is a nut.

That’s what I thought plus the fact there was no phenomenal trading of the stock up or down.
And they need the income too, to stay on the Nasdaq.

I do hope for our sakes and consumers, that the issue Nerd Beautiful discussed gets resolved. At least it is not due to the LQMT material. I don’t understand why a battery would only last 50 days and then die. Especially with many other products using the same material for batteries. If it were the slight expansion and contraction I think the battery would overheat much sooner.

Again one would think with all of the FDA concerns, this kink would have been worked out a long time ago, before dealing with more serious issues about the accuracy of their software claims based on their trials.

But to be fair not as an investor in the ring company or owner of a Movano product yet. They do make it explicitly clear that the charge will last X amount of days and that the charger will need to be recharged after every 10 charges. Perhaps one may be damaging the other or consumers fail to make sure the chargers are operating properly as well.

https://support.eviering.com/hc/en-us/articles/17553095141901-Ring-Battery-Tips

Seem like this may be a turn off for some. Even Fitbit watches and Apple Watches for example also have limitations. But if batteries are falling in less than a year or two or three, then it can obviously become a deterrent if it occurs too often.

It’s one thing to update a software glitch. It’s another thing with a battery. There are no downloads.

The more I read about their business approach the more I’m turned off. FDA approval will imo, give them the boost they need to expand sales. That’s a no brainer and hopefully a quick pop in the share price. Then there should be another boost based on expanded business agreements and hopefully back to the consumer. But if they can’t produce a product with almost zero issues in the medical industry, it’s toast.

It is easier to see the IP might be worth more to a company like Apple who like the former bell companies were great at ironing out all of the kinks first exposed by the innovation of others selling directly to consumers and businesses.

In essence the super mega cap companies by laying back, get free trials by watching and listening to users on a grand scale and not just with a few dozen or a few hundred people during a quick trial.

I think LL could have shown them a thing or two or three etc., about patience before rolling out a contract like he has done for us invested in LQMT. :)
Good luck to you.

I used to hunt for new LM patents but those days are long over. I'm always checking for something new and recent about the Liquidmetal Golf and came across this, whatever this is?

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•
1 mo. ago
elwaine

Liquidmetal Golf Clubs, Shoe Laces and SEC Filings

Question: What do shoe laces, Liquidmetal Golf Clubs and incomprehensible SEC filings all have in common? ------

Answer: Anthony Pong. - "Matana Ventures, LLC, Parnas Hills LLC, and XEX International, LLC, Have an address owned by Anthony Pong founder and CEO of Caterpy, no-tie shoe laces." (from a recent post in this forum.) ------

Liquidmetal® Technologies, Inc. (OTCQB: LQMT) through its majority owned subsidiary, Liquidmetal Golf, has entered into a sub-license agreement with Amorphous Technologies Japan Inc. (“ATJ”), a newly formed Japanese entity established by Twins Corporation, a company operating for over 20 years in the sporting goods industry with direct access to over 3,000 global retail establishments.

https://www.businesswire.com/news/home/20220119005110/en/Liquidmetal-Enters-Into-Golf-License-Agreement ------

Look at what the Twins corporation is known for: Caterpy (no-tie) shoe laces.

https://twins-corp.com

Haven't seen any lumps of coal yet in 21 years... Just lumps. I should have listened to Bill Johnson when he advised selling after the last peak of 1.76 per share. The lumps have been from banging my head since then. Old LQMT soldiers never die, they just fart themselves away into oblivion...

I hear they play the keyboard. 🤣

The SEC investigation is probably dead….their original R/S announcement indicated that fractional shares would be “rounded up” so thousands of people bought a single share in hopes of getting 14 more when the R/S was implemented. MOVE modified the terms to return cash for fractional shares. Seems to me, you should have a separate account for each share but someone worked around that.

This board is a one man band. I am sure he enjoys listening to himself.

A present would be an amazing surprise. After 10 years, I’m tired of lumps of coal.

As ring hits another record low 0.1973 cents at the pre split price and with sales imo, not doing much better than before and discounted prices. LQMT better have more coals in the fire, because right now whatever heat was generated is looking like it is cooling off and when the one pony show is over so too are the 0.04’s for LQMT.

I own no shares in the ring company. As much as they have a very competent team behind the ring. It seems they may have been better off doing a bigger trial before rushing out the first launch imo.

It’s not that they may not have a great product and great ideas. But it is very difficult to overcome integrity issues. Although the public do have short memories themselves.

And if they flop at the second launch. Then the value of the IP becomes the product that gets sold and not the product they are trying to sell.

Similar to what happened to LQMT, but worth more.

And what happened with their investigation. It’s not like they have thousands trading the stock! It’s basic math to me. It still won’t explain what is currently happening, will it?

If they don’t solve the battery issue, FDA approval, won’t either.

Now from an economic point of view. If more tariffs are placed on imports from abroad. And the positive opinions for something big to occur happens from this new group of investors, then it just might be more cost effective to have manufacturing done here in the USA to achieve the highest profit per part.

Now, no matter where manufacturing is done, LL still profits. It is the outside share holder you and I, who profits less if manufacturing costs are higher.

Contracts or a contract worth tens of millions of dollars reoccurring, would cost very little compared to the growth in market cap, present and future investors and shareholders value. Banks and or capitalists would lend the money for the costs of setting up the manufacturing process.

No one knows why the hell this new group needed the shares. But if it is to be to make money, one would expect a heck of a lot more than $50 million. My guess would be in the 9 digits.

It’s not about the politics. The rich make money no matter who is in office. It’s about taking advantage of the politics.

Whether I see this happening or not means nothing. But so far the majority of high risk dice rollers don’t see it happening yet either as the liquidity and average trading volumes remain on an IV DRIP.

If the history and performances of LQMT were different. I would feel the same way about LQMT today as I did, when I first invested over two decades ago. The trust for me is no longer there.

Like I point out in the end of the week posts: are there any long term shareholders out there who are in the green?

As mentioned in an earlier post and based on another stock here posted by another poster, I purchased shares of RKLB @ 6+. It did not take two decades to move up. It hit $22+ in a few months. When I purchased LQMT, I did not expect it to move up 400% in a few months. Neither did I expect it to fail for the next 20 years!

You realize at some point it may never succeed and you use strategies to break even or profit to exit. All along hoping that it does succeed. The fact that it has not died gives one a little hope for it to still happen. Hype or FOMO are not or should not ever be strategies for holding. But given the facts from my experience in this debacle, LQMT offers at this point in time no other viable reasons.

The history of their failures are still attached to the present. The constant year after year rosy outlooks depicted by executives are an absolute insult and disgrace, when compared to the actual outcomes at the end of the year.

This is reality. This is not bashing or beating down the investment I want everyone to succeed in. The ones beating it down are the ones depicting a rosy outlook, referring all to the 10K and then, honestly failing to succeed year after year, decade after decade.

Good luck to all in LQMT.
Wish TC & Co., luck.
Would be nice to see an update on the trade show or MIM order. Nothing like transparency.
Now maybe that’s what is beating down the SP?
Not the opinions, the facts.

The 60-day return policy jibes with our experience that the batteries have tended to last 40-50 days before catastrophic death. I think word of mouth has tanked this company and their current offering. I do believe FDA would give them second life, but for a different market. I think Oura has too much of a jump on these guys for the athletes and self-interested health nuts

https://eviering.com/products/evie-ring?_kx=rqRxv3MT2Gd6dvbqVRW0W---ss2aQ4O026nbc2LnAJ8.XWzX8R

I do believe they believe there is going to be a Christmas present in time to be delivered before Christmas????

"Built with scratch resistant Liquid Metal"

Another record new low for the ring. What gives?

Like Nerd B said: I seriously hope that TC's stock purchase last year and LI's latest deal with Pong aren't just smoke screens...but it has crossed my mind.

Don’t forget TC purchased 1 million shares on open market one year ago. To me this gives a hint that whatever Lugee li does will at some level involve us.

I can’t remember TC ever loosing on his investment with lqmt USA.

Like they all said at the time, “Just put $1000 into it and see what happens.” Today I have a very minor holding of DOGE coin believe it or not. At 37 cents and being close to Musk’s heart I figured Let’s make sure I’m not an idiot twice.

I remember standing in the parking lot at work in 2017 talking with my buddy and I almost bought several thousand worth back then.  Damn how I kick myself.  

About the 16 cents a share I’m not sure what to think. I presume there’s a side deal going on that we’re not aware of. The question is whether it’s a deal that will be good for us or not.

An example of a good deal would be a side deal LL has with Whales to develop… something… which will result in massive upside for LQMT. He’ll lose out a little by not having the shares, but he’ll gain through EONTEC and other angles (like maybe he buys more machines and rents them to manufacturers of the Whale order so he’s winning many ways) so he’s happy.

An example of a deal bad for us would be if he and Pomg both know the stock is shit and maybe always will be, so LL is running up a smoke screen to buy more time to have something increasingly less likely happen that will be good for us. So he buys time by propping up our hopes (he’s done it before) and making it up to Pong on the side in something we’ll never know about.

In my head it’s sadly 50-50 which of these is more likely with the toe being broken by the latter, unfortunately, at least in my mind.

Like I feel Trump won’t be great for us since we’re absorbed by China. I think we’ve been forgotten by most.

I do hold out hope that all of this has been an excruciatingly slow road towards actual prosperity and that only now our stars are beginning to align.

Still, I wish I’d bought $100K of Bitcoin in 2016 instead of this dung pile. I suppose even dung is fertilizer with the right seeds.

Well I’m inclined to look into it further with a more knowledgeable authority regarding this curiosity. I would rather see the company just spell it out in an executive blog update.

There always seem to be negative clouds surrounding this. It’s easy to tell when no one to my knowledge who are positive or bullish has posted about these shares as noted in the off market transactions.

Absolutely no curiosity how shares sold to a non citizen abroad and held in Hong Kong went from a misunderstood purchased status of non restricted shares to a granted status of restricted shares with zero time mentioned for vesting rights to allow for voting rights.

Being no legal scholar, one would think all would want to know just what the heck is going on.

My way of thinking is when out of ignorance, something looks suspicious, it could be something or it could be nothing. Always keep an open mind.

I think if the stock hit 0.50 cents today, no one would give a rats A$$.

They don’t say. One would think (for sales purposes) if they were made in the USA, they would have stated this.

So my guess from reading is they are made in China. Or there are several locations required for assembly.

What we do know is that the ring company has stated in commentary, their problems with manufacturing have been resolved.

Mind bending and throws another wrench in the works. However a restricted stock purchase should come with a specific agreement amongst the parties. What does their agreement state?

LL gave up his majority in EONTEC, that is correct, transferred primarily to state investment funds. He also stated that he intended to list LQMT with NASDAQ, and then turn his shares over to EONTEC. The timing is a little confusing, but the end result is obvious. That is the part we should have paid more attention to way back when. As to his control of LQMT Valencia CIrcle via LQMT Hong Kong, he controls just short of 50%, and the BoD which he chairs. Pretty smart to keep it under 50%, for political and practical reasons (conflicts of interest). However, he could easily acquire the majority, even if thru proxy. I do not know what the covenants say about about percentage required to sell the company, might be 2/3rds? And of course we know how they like to transact pre-arranged deals,
rather than open market.