This is their standby solution should a new contract not occur in 2013. Given the many ongoing evaluations in progress including the newest indication, oil/gas drilling penetraters, serious revenues are possible for this game changing technology.
If this is such game changing technology then why is it taking so long to get some of these companies to commit to full production?? If they do not have at least two or three of these prototypes going to production in the next 3 months then there is obviously a problem with the management of LQMT. The companies that have their prototypes do not see this as game changing if they are not moving forward. By the end of Q4 if there is no additional revenue then there will never be??
Per "earnings call" revenue down, expenses up, negligible royalties from Swatch (just like Apple) and a lot of hype from management. This is an ongoing disappointment and "we will see you next quarter" . Really
third class all the way as far as general shareholders are concerned. This is a joke.