LQMT-logo.jpg4 PM today – this is the time when the results are coming. 4:30PM – this is the time of Liquidmetal Technologies Inc.(OTC:LQMT). One thing is certain – two interesting trading sessions are about to follow. Yet, the question is – would they be based on optimism and hope, or on disappointment? LQMT-10.08.11.png

The announcement came out on Monday – the financial results for the second quarter are to be announced. Naturally, it was a good base on which speculations could form. Consequently, a small increase in the share price took place, the session yesterday closing at $0.33 per share. Still, a small relief, given the continuous decline in the last 6 months. It is interesting to mention that Liquidmetal is one of the companies which present their financial reports on time, giving shareholders information about the very current situation, instead of presenting data which is outdated. What is more interesting, is that it has been a long time since the last conference call of Liquidmetal. It might be possible that some news, or some major development, is to be announced.

On the other hand, the last 10-Q for the first 3 months of the year did not inspire much optimism. Among other figures, it includes: [BANNER]

  • $3.3 million in cash;
  • $7.5 million in total current assets;
  • $34.9 million in total current liabilities;
  • $177 million in accumulated deficit;
  • $2.8 million in revenue;
  • $8.1 million in net loss;

Still far away from the break-even point. Nevertheless, when a company announces when its results would be coming, it might be assumed its purpose is to focus attention on them. In terms, they might be better. Whether this is the case with Liquidmetal is yet to see.