What about all your inane comments about LQMT going to 3 dollars? You pushed this stock and made so many predictions of huge gains to come you changed your name from cocofromafrica to cocofromafrica101 in an effort to hide your idiocy. Go back to Africa and shut up. No one cares what you think
Suggestion....... Buy a real stock and wait and see if the lipstick they are putting on this pig sticks.. lQMT was once a $20 stock, there is plenty of time once it gets back to the NASDAQ. If it ever even gets there.
The deal with the Chinese company was very timely as LQMT was out of cash mid May. That gives them some breathing room and saved them from going under.. Now we will see if having cash and a new board member to bolster their ineffectual management team can equate to some actual revenue and real product production.. I wish you well however I made my money from LQMT back at 38.5 cents and am not willing to risk that profit at this point.. If LQMT is a viable company there will be plenty of oppertunity once they are back on the NASDAQ I am not savy enough to understand what the new huge float will mean for share price and the limited ability to sell shares on the BB market..LQMT once had a billion dollar company time will tell if that was wishful investor thinking or the real deal
Give us a break kookoofromafrica.. You changed your name from cocofromafrica to cocofromafrica101 to hide from your previous post about LQMT going to 2 dollars two years ago. Where was your stupid lip flappin when it hit .06
LQMT reported $2,773,000 of unrestricted cash at the end of 2015. Their burn rate for 2015 was $7,236,000 which equates to about $603k a month. That leaves them a total of approx. 4.6 months of operating capital (as of Jan 1 2016) and with almost no revenue incoming (a total of 98k for 2015). I am no sea captain, however it appears to me like the SS LQMT is heading for an iceberg and will make contact in mid May. If I was still an investor in this company, I would be looking for women's clothing and quietly shuffling toward one of the life boats.
You might want to very carefully read SEC 8k filled by LQMT on Feb. 4th It sounds like the officers are setting up exit plans for when company is disolved Soon the facts are going to eclipse company generated press releases