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http://www.nasdaq.com/press-release/victory-energy-announces-agreement-for-5-million-financing-and-entry-into-exclusive-sublicense-wit-20170822-01102
"The reconfigured Board of Directors will include Kenny Hill, Ronald Zamber, Robert Grenley, Rick Salas, Kevin DeLeon and Julio C. Herrera;"
It was done by Prometaltech...
Securities Code:300328?Securities referred to: Yee Technology?Announcement Number:2017-067 number
Yee Dongguan Science and Technology Co., Ltd.
Notice of receipt of government grants
The Company and its directors hereby guarantee that the information disclosed is true, accurate and complete, not false
False, misleading statements or material omissions.
Yee Dongguan Science and Technology Co., Ltd. (hereinafter referred to as"the company") Recently received"Amorphous alloy
In the consumer electronics product development and industrial innovation research team"Project grant funds totaling RMB
1,000 Million, as follows:
First, the subsidy specific circumstances
Project grants
Grant basis
Subsidy amount
(Million)
Amorphous alloy in consumer electronics
Dongguan Science and Technology Bureau, Dongguan City Department of Finance issued
About disbursement"Amorphous alloy in consumer electronics
R & D and production in the sub-products
1,000
R & D and industrialization of innovation research team"Project funding
Industry Innovation Research Team
Notification of funds (East Branch letter [2017]480 number)
Second, the accounting treatment and the impact on company performance
In accordance with "Accounting Standards for Enterprises 16 number-The relevant provisions of government subsidies "and other companies with assets above
Government grants as part of the deferred income, equally distributed within the useful life of the asset is recognized in profit
Gains and losses; part of government subsidies related to income evenly over the term of benefit, profit or loss. Above-mentioned
Government grants expected to have an impact on corporate profits. Details of the accounting year and the shadow of the company's profit and loss
Rang situation still subject to the results of the annual audit agency audit confirmation. Please note that the majority of investors to invest in wind
risk.
Special announcement.
Yee Dongguan Science and Technology Co., Ltd.
Board of Directors
2017 year 8 month twenty two day
This was posted on Eontec's front web page:
"The introduction of this technology, "amorphous alloy in the consumer electronics products on the R & D and industrialization of innovative research team" project funded a total of 10 million yuan. This funding will accelerate the development of amorphous alloy in consumer electronics products on the development and industrialization process.
Is looking for the community interested in the block of amorphous research and production of the partners, in order to give full play to the advantages of amorphous production and research, to jointly carry out amorphous alloy materials, amorphous alloy production equipment, amorphous alloy products, the depth of research and development, Production, sales and other business, technology will be transformed into productivity, improve the amorphous alloy in the consumer electronics industry in the field of product technology content and added value, boost industrial upgrading and development.
If you are interested in the above, please contact us by:
1) dial 13360054568 or add micro letter (13360054568), Miss Ma
2) E-mail to service@lqmtchina.com
3) WeChat background message: unit + name + phone"
The latter Rige...
My guess is because Hauck cant really sell in china and that region based on parallel license agreement.
Now Li has a young lady as sales rep here in the USA out of SF. I wonder if all her North American sales leads/relationships funnel through LQMT now. Would be interesting to know the answer on that as her listing is very impressive.
It can be fun and hilarious
Everyone heard you the first time .... about 2019.
Dude ... breathe. There is more to life than Liquidmetal....
Published under Apple this morning, some changes made from original one I shared earlier in year.
"[0056] The methods can also be valuable in forming wearable metallic glass products that have a good cosmetic profile and do not readily degrade or show evidence of wear. "
"[0054] The darkened titanium alloys described herein can be used in a number of different uses. For example, the darkened titanium alloys can be used in the manufacture of an electronic device or a component thereof. FIG. 2 depicts a portable electronic device 200 having a micro-alloyed metallic glass coated metal substrate on a housing component 202. In the embodiment depicted in FIG. 2, the color of housing 202 changes between top portion 204 and bottom portion 206. As described herein, the bottom portion 206 of electronic device 200 appears as a darker color than top portion 204. As such, the surface of portable electronic device 200 can be controlled by the methods of the disclosure. FIG. 2 is not limiting. Housing component 202 can be altered in a similar fashion, in any manner described herein. "
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=%22Metallic+glass%22&OS=%22Metallic+glass%22&RS=%22Metallic+glass%22
Rige he does not have the 7 and 14 cent options those are the ones he exercised and sold immediately
http://dm-minn.designnews.com/liquidmetal-flag-demonstration
Liquidmetal Technologies Inc.
2130
Lake Forest, CA
Liquidmetal Technologies Inc. provides advanced molding solutions for complex and high-performance metal parts. Its amorphous metal technology imparts uncompromising precision, strength, and corrosion resistance for applications in a broad range of markets. The company’s metal injection molding (MIM) operations provide an alternative manufacturing option to ensure complete customer satisfaction.
Visit us on Qmed
Visit us on Design News
Products
Liquidmetal Flag Demonstration
Well if he bought last time at .24 and now at .32, granted only one quarter of original batch - maybe see this go do .33-.34
He's down from 400k shares to 200k
Where did I say they get IP? Maybe I just to be CLEAR next time as to avoid misrepresentation. Getting Eontec and Liquidmetal as one business relationship is my hypothesis why TTA was not extended. Simple as that.
Dude that's what I have been telling you...
Apple is just paying the bills on all IP still, that's part of their responsibility under the MTA.
Why did they need to extend it when Li came on board - when his team can handle development especially with their R&D buildout. They get Liquidmetal and Eontec at same time. That's why you see people like Yurko connected to Eontec people.
MTA vs TTA/ Contribution two different things
So the MTA is dead?
You can answer your question:
Under the agreements relating to the license transaction with Apple, the Company was obligated to contribute, to CIP, all intellectual property developed through February 2016. The Company is also obligated to maintain certain limited liability company formalities with respect to CIP at all times after the closing of the license transaction
The Contribution of IP....
Meant to say was that was the one that continued to be extended. Didn't realize my Keying errors
Read the actual filing I just posted
EX-10.1 2 ex10-1.htm EXHIBIT 10.1
Exhibit 10.1
AMENDMENT NUMBER THREE TO
MASTER TRANSACTION AGREEMENT AND OTHER TRANSACTION DOCUMENTS
This Amendment Number Three to Master Transaction Agreement and Other Transaction Documents (this “Amendment”) is entered into as of June 17, 2015 by and between Apple Inc., a California corporation (“Apple”), Liquidmetal Technologies, Inc., a Delaware corporation (“LMT”), Liquidmetal Coatings, LLC, a Delaware limited liability company (“LMC”), and Crucible Intellectual Property, LLC, a Delaware limited liability company (“LMT-SPE”), with reference to the following facts:
A. Apple, LMT, LMC and LMT-SPE have previously entered into that certain Master Transaction Agreement, made effective as of August 5, 2010 (as amended and modified, from time to time, the “MTA”).
B. Pursuant to the MTA, LMT and LMT-SPE entered into that certain Contribution Agreement dated as of August 5, 2010 (as amended and modified, from time to time, the “Contribution Agreement”) pursuant to which LMT agreed to contribute to LMT-SPE the LMT Technology at the Closing Date and for eighteen (18) months thereafter.
C. Apple, LMC, LMT and LMT-SPE have previously entered into that certain Amendment Number One to Master Transaction Agreement and Other Transaction Documents, dated June 15, 2012, pursuant to which, among other things, the Capture Period (as defined in the MTA), was extended through February 5, 2014 (“Amendment Number One”), and Amendment Number Two to Master Transaction Agreement and other Transaction Documents, dated May 17, 2014, pursuant to which, among other things, the Capture Period was extended through February 5, 2015 (“Amendment Number Two”, and together with Amendment Number One, the “Prior Amendments”).
D. Apple, LMC, LMT, and LMT-SPE hereby desire to extend Apple’s rights of first notice and first refusal, and Apple, LMC, LMT, and LMT-SPE hereby desire to further extend the Capture Period upon the terms and conditions set forth in this Amendment.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto amend the agreements described in the recitals above, as follows:
1. DEFINITIONS. All initially capitalized terms used in this Amendment shall have the meanings given to them in the MTA unless specifically defined herein. For the avoidance of doubt, the term “LMT Technology” shall have the meaning set forth in Amendment Number One (after giving effect to Amendment Number Two and this Amendment).
2. AMENDMENTS.
(a) Section 1(a)(v) of the MTA (as amended by the Prior Amendments) is hereby further amended by replacing “February 5, 2015” with “February 5, 2016”.
(b) Section 9(A)(a) of the MTA (which was added to the MTA pursuant to Amendment Number One) is hereby replaced by the following:
“(a) Apple’s rights under this Section 9(A) will commence February 6, 2014 and expire on February 5, 2018.”
(c) Recital A of the Contribution Agreement (as amended by the Prior Amendments) is hereby further amended by replacing “February 5, 2015” with “February 5, 2016”.
1
(d) Section 1 of the Contribution Agreement (as amended by the Prior Amendments) is hereby further amended by replacing “February 5, 2015” with “February 5, 2016”.
3. SECTION 16 OF MTA. Section 16 of the MTA (as amended by the Prior Amendments) is by this reference thereto incorporated into this Amendment as if restated in its entirety herein, except that each reference therein to the MTA shall be deemed a reference to this Amendment. This Amendment constitutes the entire agreement between the parties relating to the subject matter hereof and supersedes and cancels all other prior agreements and understandings of the parties in connection with subject matter.
4. EFFECTIVENESS. The effectiveness of this Amendment is hereby conditioned upon receipt by Apple of a fully executed copy of this Amendment from each party hereto.
5. REAFFIRMATION. Each party hereto acknowledges and reaffirms all of its obligations and duties under the Transaction Documents.
6. LIMITED EFFECT. In the event of a conflict between the terms and provisions of this Amendment and the terms and provisions of the Transaction Documents, the terms and provisions of this Amendment shall govern. In all other respects, the Transaction Documents, as amended and supplemented hereby, shall remain in full force and effect.
7. COUNTERPARTS; EFFECTIVENESS. This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, each of which when so executed and delivered shall be deemed to be an original. All such counterparts, taken together, shall constitute but one and the same Amendment. This Amendment shall become effective upon the execution of a counterpart of this Amendment by each of the parties hereto. This Amendment is a Transaction Document and is subject to all the terms and conditions, and entitled to all the protections, applicable to Transaction Documents generally.
[remainder of page left blank intentionally; signatures to follow]
2
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first set forth above.
APPLE INC.,
a California corporation
By: /s/ Zadesky
Name: Zadesky
Title: VP Product Design
LIQUIDMETAL TECHNOLOGIES, INC.
By: /s/ Ricardo A. Salas
Name: Ricardo A. Salas
Title: Executive Vice President
LIQUIDMETAL COATINGS, LLC
By: /s/ Ricardo A. Salas
Name: Ricardo A. Salas
Title: Secretary
CRUCIBLE INTELLECTUAL PROPERTY, LLC
By: /s/ Ricardo A. Salas
Name: Ricardo A. Salas
Title: President
Amendment Number Three to Master Transaction Agreement
The contribution period which includes the IP is shad continues to be extended...in this case it's finally done since Feb 16'.
Issued as European patent today:
http://www.freepatentsonline.com/EP2558607B1.html
Hmmm very good arguments Paraclete!
DMN, that's only in US. Other areas of importance are from Europe and Asian countries like Japan.
For CIP there are easily 150 patents and pending applications.
Great explanation! Save me the typing but glad spartan got what he needed.
So that makes Lugee wrong through June 17'? As an investor is it what Lugee says or has done, less or more important than Watts or any other poster here?
Old? They were just issued today. Old in when they were originally filed. Many applications go back and forth with USPTO and IP attorneys until the claims are deemed allowable. The medical implants one, remember this?
https://finance.yahoo.com/news/liquidmetal-passes-implant-study-200000658.html?.tsrc=applewf
The Coatings one? This answers it all:
"The presently claimed invention was made by or on behalf of the below listed parties to a joint research agreement. The joint research agreement was in effect on or before the date the claimed invention was made and the claimed invention was made as a result of activities undertaken within the scope of the joint research agreement. The parties to the joint research agreement are APPLE INC. and LIQUIDMETAL TECHNOLOGIES, INC.
Here is full filing from Eontec that was posted on website (from my pal who shared)
http://www.e-ande.com/uploadpic/info/1203769479.PDF
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=2&f=G&l=50&co1=AND&d=PTXT&s1=%22Amorphous+alloy%22&OS=%22Amorphous+alloy%22&RS=%22Amorphous+alloy%22
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=3&f=G&l=50&co1=AND&d=PTXT&s1=%22Amorphous+alloy%22&OS=%22Amorphous+alloy%22&RS=%22Amorphous+alloy%22
Hope you are right ngsww
No problem .. they are a wealth of knowledge, so kudos to Them!
It is but it's no Apple volume for phone bezel or case, etc.
A friend shared recent Eontec filing and talks about amorphous alloy expansion project to add this annual capacity. Numbers are weight in kilograms per unit plus annual unit capacity.
Non-public offering plan (second revised version)
And production experience, fully completed and put into production, the project is expected new capacity each year as follows:
project
material
weight(kg)
Annual output (pieces)
Single card tray
Amorphous
0.005
10,000,000
Dual card tray
Amorphous
0.005
8,000,000
Shaft
Amorphous
0.008
15,000,000
phone case
Amorphous
0.04
900,000
Camera case
Amorphous
0.025
2,000,000
Case
Amorphous
0.018
750,000
Swivel bracket
Amorphous
0.0015
12,000,000
Notebook shaft bracket
Amorphous
0.012
9,000,000
Notebook mounting bracket
Amorphous
0.024
9,000,000
Wearable device accessories
Amorphous
0.002
20,000,000
other
Amorphous
0.01
20,000,000
Rico, thanks for the pictures! I'm just going to bust your chops...it's "Liquidmetal"... haha
Xiang Cui - New Liquidmetal Product Development Engineer