Wednesday, October 22, 2014 9:43:55 PM
Of course, they were all asked of Steipp at the Open House, but he steadfastly declined to mention any of the terms of the contracts between LQMT and Engel (machine royalty, etc.) and between LQMT and MTRN (financial relationship).
All he clearly said was this:
LQMT will make some high royalty, low volume runs in RSM.
CLM's will make lower royalty, high production runs at their plants.
In House Mfr's, say, like (my example) Lockheed, would make an even lower royalty, higher volume run. This would be the thrust of the revenue streams.
Darkknight and TVAsile should probably state the same.
Are you sure you were at the Open House? You have made some pretty strong declarative statements.
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