Liquidmetal Technologies Inc (LQMT)

[DMN]

CEO Lugee Lee to acquire stake in Liquidmetal Technologies Inc.

Chairman and CEO and the majority share holder of Eontec, Lugee Lee, has acquired a major stake in Liquidmetal Technology Inc (LQMT), and forming a strategic alliance in the industry:

The current industry position of LQMT is:

1. LQMT owns the US Patents and as sole supplier of Apple: Apple has exclusive rights to use Liquidmetal Technologies’ unique metal alloys in its line of products. LQMT is the current leader in the one step manufacturing of most intricate parts by using Amorphous material from a molding process, owning more than 70 patents of in the industry. LQMT is the sole supplier for Apple in the consumer electronics products.

2. Renowned: Worldwide leadership position in the Amorphous material applications. LIQUIDMETAL is the trademark in the industry.

3. Close to Key Customers: Prospective customers as Apple, Microsoft, Google, CMF, are high potential adaptors to this new Amorphous materials are all in closer distance.

4. Existing customers in other areas: Taking advantages of LQMT’s current customer base. LQMT has been in co-development projects and supplier to Vertu, Omega among other luxury brand in consumer market. Other markets including: Medical Equipment, Aerospace, Automobiles and Professional Audio, Musical instrument, etc.

Eontec current industry positioning:

1. New Technology and R&D: Eontech is renowned for having over 20 years of experience in metal alloy casting industry, that we have a complete in-house proven manufacturing operation all the way from R&D in raw material, through design and engineering, manufacturing to shipment to customers. Our scientists from R&D team have joined force with Chinese Academy of Sciences to refine the Amorphous material and its manufacturing process. This enable us to be the first manufacturer in the world to have successfully commercialize in making large parts from Amorphous alloy.

2. Marketing advantages: Eontec has it foot print in the Chinese market as the leading supplier in Consumer Electronics, Automobile parts, Cutting tools, Audio, Sporting goods, Medical equipment, so we are poised to be make the breakthrough to introduce the new material (Amorphous alloy) to the customer. This would bring about avalanche change to the adaption of this new material.

3. Capital for expansion: Eontec has major investors in line for our further expansion as soon as the requirement of the Amorphous alloy rise in the market.

4. Full control of technology and supply chain: Eontec has the technical knowhow of making Amorphous alloy parts in big size, we own our design patent for the raw materials, also we have in-house team to build the proprietary machine for producing larger Amorphous parts in bulk volume. Moreover, we are supported by our in-house second process teams and surface finishing teams. Looking forward as the industry leader, with our committed R&D teams, our knowledge and experience in manufacturing we are ready to take up the challenge to be the industry leader.


Outlook of investment in LQMT on our company:

Chairman and CEO and the majority share holder of Eontec, Lugee Lee, has agreed to share all of the cross-licensing agreement received through the acquisition of the stake on LQMT.

1. Manufacturing technology related: LQMT is in a superior position worldwide owning their patented core technology of the product, however, they have not been able to manufacture their product in bulk volume to their customers. Reasons hampering their realization of bulk shipments were lack of tool design, production equipment capabilities.

With investing stake in LQMT from Eontec: Chairman and CEO and the majority share holder of Eontec, Lugee Lee, has made the move of consolidating the industry globlely. Eontec is the current leader in China, LQMT is the non disputed leader in the rest of the world. The cinnergy created by the two companies defines the future of the Amorphous Alloy supplier in the world.

2. Sales and marketing related: Relationship with Apple Inc. before was limited to research and development on the Amorphous and alloy forming in small quality sample making with LQMT. With involvement of Eontec, that relationship would shift gear to full speed from sample making to bulk supply by utilizing the existing raw materials, process and the equipment. That posts an enormous opportunity for all parties involved.

Besides Apples Inc. LQMT is currently shipping small running samples parts to SWATCH, LLPG Inc. golf clubs, Tennis Rackets, Medical equipment, cutting tools, automobile parts, IT equipment, Audio, robots, Musical Instrument (Martin Guitar). These are aas important, lucrative areas of business opportunities.

3. Consolidate industry technology and standard: EONTEC and LQMT is in the position to move forward to take the lead in forming the industry standard in raw material, its forming and processing. That will provide EONTEC tech an enormous business opportunity in the China as well as in the global industry.

4. Factory for Amorphous alloy raw material: Eontec and LQMT is planning to start our own facility to make our proprietory patented raw material ready for bulk supply to the industry, in another word, dominate the Amorphous alloy raw material supply market.

5. Factory for related production equipment: Eontec, LQMT, Ingel (Austria) has joined force to start a China manufacturing point ready for the next generation of Amorphous alloy manufacturing.

Source: 26 September, 2016, http://www.e-ande.com/newsdetail.php?sid=13&id=15
(link now broken)

….

Dongguan Eontec to acquire stake in Liquidmetal Technologies Inc as key to global commercialization of the Amorphous Alloy industry

March 13, DongGuan Eontec Co., Ltd. announced on Sunday that its Chairman and CEO and the majority share holder, Lugee Lee has acquired an 18% stake in the latter. And Mr. Lee will become the biggest shareholder of LQMT following this deal, and plans to later increase its share to 46%.

OTCBB-listed LQMT is the world’s leading company dedicated to the development, production and commercialization of amorphous metals, and owns the most advanced expertise and intellectual property rights related to amorphous metals. As early as 2010, LQMT has agreement with Apple Inc. that they are licensed for exclusive use of Liquidmetal's bulk amorphous alloy technology in consumer products, that puts Eontec on a huge upside potential if Apple has finally decided to adapt Amorphous Alloy as the metal for any of their products.

In recent years, Eontec has worked its way through to become the leader in the research and development, and to the commercialization of our Biodegradable materials and Amorphous Alloy. The commercialization of these materials will bring about inevitable changes down the industry on the way designers and engineers are working on their drawing boards. Mr. Lugee Lee has in many occasions, quoted that it is pure luck for us to pick the right elements out from tens of thousands of possible options, thru our numerous trial and error, he have found our exact formular which allow us to mass produce the Amorphous Alloy in big size and in bulk quantity.
Realization of simultaneous domination in global market.

Geographically, USA has a vast customer base for this Amorphous alloy application. LQMT is located in California where all the tech giants are located: Apple, Google, Tesla, also Microsoft is Washington state. All they all within an hour travelling time by airplane, Microsoft Ins is further North and is a 2 hours trip. Luxury brands as Vertu, Omega are their current customers with sample size orders. Plus the newly recruited sales team. From LQMT’s sales records, the request for quote was surged from a mere $500,000 in 2014 to $27,000,000 in the following year 2015 --- a solid 5 folder increases. The market gives its consent by a 60% increased in LQMT’s stock price right after the Eontec and LQMT alliance news announcement was made.

From the last 2 decades, China has been the power house for the manufacturing of consumer electronics, automobile parts, medical equipment, cutting tools, watches, audio, sporting goods. With Eontec’s renowned reputation in the industry, core competency in the Amorphous Alloy commercialization, and with customer base span across the above segments. Eontec is poised to take the advantage as soon as the market accept this new alloy.
Synergy from the alliance.

LQMT has its strength in the worldwide patent, small volume sales, brand name recognition. However, their weaknesses are the lack of big molded part process, equipment and raw material formulated for the big part process. These three weaknesses hampered them from taking mass production scale order. Eontec to complement LQMT by supplying them with the subtle details in making big parts using the proprietary Zirconium raw alloy materials, molds, equipment and processing techniques, which will also lead to lowering the production cost. The capability of producing big part complement LQMT’s current position in shipping small part in sample quantity to full their already existed sales channels, which has spanned across the global, in parallel, LQMT can also expand the business by licensing to 3rd party on producing the parts. With this movement LQMT will soon be returning to profitable business again.

LQMT has been as the leader in the last 5 years made the significant breakthrough in building up the foundation of the application of Amorphous Alloy and getting attention by many R&D teams in the industries. Due to LQMT’s uniqueness in their materials and process only smaller parts can be produced, this short coming can be overcome by alliance with Eontec. Any additional capital requirement for further expansion can be covered by raising capital the Chinese stock market thru Eontec.

Our outlook and strategy
The Chinese name “????”is the direct translation from the word “LIQUIDMETAL”, and is the registered trademark owned by Liquidmetal Technology Inc. (LQMT) worldwide. This metal is classified as Amorphous alloy, this alloy is superior in metal performance, requires less second operations, and low net cost. It is the best new alloy materials for high hardness, springy, thin wall, intricate, glossy surface parts or components. It finds vast applications in the areas of 3C products, automobiles, medical equipment, aviation. LIQUIDMETAL is poised to take the 100 billion market by storm.
With Professor Lugee Li’s investment in LQMT, we are in a commanding position to consolidate the worldwide Amorphous alloy market, with the two companies sharing other party’s license in designated regions. By sharing each others’ industry technology including raw materials, process, equipment, molds to cover all of customers’ needs. We join force to speed up the commercialization of our amorphous alloy/LIQUIDMETAL products. Also by licensing the process to third party company we are forming the global networks of manufacturing site to serve customer’s needs.

LQMT has joined working team with companies as Apple and Swatch in R&D, but was limited to the development of smaller sized parts due to their material and process limitations. After Eontec entered into the picture, the three parties team can have a much wider range of design option to either in bigger or to select either one of the two Amorphous Alloy material or process, again a win-win situation.

Eontec has vast supports from other technical associations. Professor Li himself is the research scientist in Chinese Academy of Sciences (???), together with the relationship between Prof. Li and the CAS scientists. We are sure to get the latest support from CAS.

When Prof Li was asked about worldwide strategy on Amorphous alloy, He assured that he would turn Eontec to be the Amorphous alloy/Liquidmetal platform, looking to select competent factory as the raw material supplier, equipment supplier, thus forming cooperation to support the licensing for third part companies to carry out their production, Eontec will provide technical support when needed, that is the idea of franchising the Amorphous Alloy manufacturing to third party company. This is a known working business model to follow. Prof. Li has this vision 3 years ago, he is very clear on the target and its path to get to it in terms of the commercialization of the alloy. With the recent alliance of Eontec and Liquidmetal, we can expect to see a very fast adaptation of this new alloy and that is going to happen any minute from now.

Source: 26 September, 2016, http://www.e-ande.com
(link now broken)

...

Thanks to GAMESC for the DD, and to RIGE for capturing the information before it was deleted from the website.