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I believe “Nuosi” means “north” but could be wrong
Provide links for these statements
Thanks!
The first batch of 5G-enabled iPhones, whenever they come, will “open up the floodgates” on device upgrades, Wedbush Securities Inc. predicted this month. About 350 million iPhones among the Cupertino, California company’s 900 million installed user base are now in the window of an upgrade opportunity, analyst Dan Ives wrote in a note to clients.
https://www.bloomberg.com/news/articles/2019-12-27/apple-supplier-bullish-on-2020-as-china-5g-phone-demand-kicks-in
Very interesting—Thanks for sharing.
Exactly
Item 2. Identity and Background.
This statement is being filed by and on behalf of Yeung Tak Lugee Li (“Reporting Person”). Mr. Li is the sole shareholder, executive officer and director of Liquidmetal Technology Limited ("LTL").
The address of the principal office of the Reporting Person is Room 906, Tai Tung Building, 8 Fleming Road, Wanchai, Hong Kong.
Reporting Person is principally involved in the business of consulting.
Reporting Person is a citizen of Hong Kong.
Reporting Person is an accredited investor.
During the last five years, the Reporting Person has not (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
On March 10, 2016, LTL and Issuer entered into that certain Securities Purchase Agreement (the “Stock Purchase Agreement”), dated March 10, 2016 pursuant to which LTL acquired shares of common stock of Issuer (the "Shares") and Common Stock Purchase Warrants (the "Warrants" and together with the Shares, the "Securities") to purchase shares of common stock of the Issuer. Additional shares are subject to purchase under the Stock Purchase Agreement.
The Reporting Person acquired beneficial ownership of the Securities with his own personal funds.
The Reporting Person did not acquire beneficial ownership of any Securities with borrowed funds.
The issuances of the Securities were made in reliance upon exemptions from registration pursuant to section 4(2) under the Securities Act of 1933 and/or Rule 506 promulgated under Regulation D thereunder. The Reporting Person is an accredited investor as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933.
Item 4. Purpose of Transaction.
The Reporting Person has acquired the Securities of the Issuer for investment purposes, and such purchases have been made in the Reporting Person’s ordinary course of business.
Item 5. Interest in Securities of the Issuer.
As of March 10, 2016, the Reporting Person beneficially owned an aggregate of 108,970,063 or 18.6% of Issuer’s common stock.
Except as described in this Schedule 13D, the Reporting Person has not effectuated any other transactions involving the Securities in the last 60 days.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Other than as described in this Schedule 13D, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any Securities of the Issuer.
I remember that as well. I believe the delay was due to Qualcomm. Just a hunch...we will see!
Lake Forrest was for proof of concept. It was only needed for that purpose. Now they have office space for free with the lease. It was a great strategic move. They used it to sell a whale. Time will show that it worked.
Exactly.
You of all people have no clue how to keep it real, W. You back nothing up with links or facts.
Good info!
Agreed! Stop posting lies and false info!
Well done!
I found that they are currently supplying Foxconn and have shipped to USA. Trying to find out what and how much. Will post if I get more info. I believe they are located in “iPhone city” and may have a specific 5G scope.
Zhengzhou Eon Liquid Metal Technology Co
Li is a billionaire who is in the process of making us all filthy rich. Load up while you can and be thankful you didn’t get in on the ill timed IPO (like one sourpuss that posts here). Li commercialized this revolutionary material.
Good DD! Thanks for sharing!
Lift off!!!!!
Insider info precludes. However some were lucky to get stock options earlier. Thanks for the crickets comment—some of us are still working and don’t have the luxury of watching this board constantly.
Correct. Production was down Q1 due to Corona but licensing made up for it—significantly. There is a big product coming—that outstripped capacity—thus the huge amount of licensing revenue. Apple.
It is well known that Apple production begins late Q1 or early Q2 for September releases. Now we know why liquidmetal staff hasn’t been selling—no capacity due to a significant order—Apple. September. iPhone12. 5G. If you are liquid (pun intended) now is the time to load up.
It is foxconn. iPhone 12. Apple production for the September release is happening now with liquidmetal.
Our Leading indicator weekly volume/price chart is strong—LQMT/106c metal comes from nanjing yunhai special metals. This stock will predict our run up. Watch it’s volume...Apple suppliers are ramping back up. 12 components are being built for the huge 5G release. If covid ends just before the 12 release demand will be unreal—a super cycle to match all super cycles for Apple. We will get mfg revenue via yihao/eontec in our market segments.
iPhone 12 5G liquidmetal
Tickets to what? Oh yeah, Apples September release with 5G and a liquidmetal midframe!
Thanks for the reminder! They used attorneys that in the past also protected Apple’s. Not a coincidence. Going up soon!
Liquidmetal has held up way better than I expected during the Covid pandemic. It is locked and loaded like an amorphous spring that is ready to release.
Well done man!!!!!!! Thanks for sharing!
Thanks jotu—I didn’t have time to reply yet
https://www.foundrymag.com/molds-cores/media-gallery/21928778/apples-cad3dprintproduction-process
Remember who liquidmetal recently leased their warehouse to?
This is great for Liquidmetal
Apple—great to see. Thanks!
Nanjing Yinhua has been an Apple supplier for at least ten years. See below:
“Nanjing Yunhai Special Metals Co, which domestic media and analysts have said provides raw materials to suppliers of iPad and iPhone components, surged 35 percent in the fourth quarter of 2010, following the launch of the iPhone 4 earlier in the year.”
https://www.marketscreener.com/NANJING-YUNHAI-SPECIAL-ME-6500005/news/Chinese-investors-scramble-for-a-bite-of-Apple-14290312/
Leading indicator
If I’m in sales for LQMT, I would be using this as a positive. LQMT requires much less labor, time, etc. go sell boys!
So thankful for those selling. Absolutely nothing has changed with this technology...5G is real. Just a matter of time.
Debt securities are also debt purchases. In any event, if not a debt purchase, why just now after years of sitting on the cash? That’s why I believe it’s a debt purchase. We will see.
Purchasing debt is often used to help a supplier acquire funds to build new manufacturing plants or buy equipment to expand capacity which is used to meet forward production needs.
There is no other reason for Liquidmetal to purchase debt now.
Think about it, they are sacrificing serious balance sheet liquidity to buy debt now. The only reason that makes sense for this investment is a large contract that requires expanded capacity—5G and Apple.
Without the needed expansion of a partner/supplier it’s pure stupidity to invest like this now. Hell, if it was a good investment idea, they would have done this years ago when they had much more cash—but they didn’t.
Plus Li and the board of directors would HAVE to approve this—think about it—it’s debt attributed to expansion, guaranteed. 5G. Apple. September. No doubt about it.
Li is making Liquidmetal pony up via the debt purchase because of their shared opportunity. It’s a done deal and proof of a huge contract that is under wraps. Bank on it.
Li would never approve the purchase of debt from an unrelated entity. That’s what banks are for...if you think this is for bonds, etc. get serious, those are poor options to tie up your cash with only $1M ish in sales. Not a chance in hell a board approves that-the opportunity cost is way too high to justify it.
This debt purchase is completely due to 5G Apple for their September release. Apple simply cannot miss the 5G train this year (remember the settlement with Qualcomm).