just trying to live an honest life!
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Li runs a billion dollar company and can surely pivot due to less regulations in China. Obviously Apple was not against Li purchasing 38% of Liquidmetal. If Apple wants to go amorphous (assuming they have the supply chain), they will.
Apple is the smartest company seated at the table and they must improve their margins (especially in light of the trade war Trump could start). Therefore, all bets are off.
Apple will absolutely see a cost benefit as the parts are larger and less expensive. The big question for me is:
1. Can eontec procure enough commodities to make sufficient alloy for Apple's entire product line because Apple doesn't go half in on anything?
2. How much less expensive is the formulation?
3. As the alloy can be injection molded and The agreement with Engel is between Liquidmetal and Engel, not CIP and Engel... if Apple uses Luger Li's alloy in the Engel machine, does LQMT still get a pass through royalty as LQMT is the company with the agreement with a Engel, NOT Apple.
Engels is a private company so they are NOT obligated to disclose who they sell machines to nor how many they have sold. We do NOT know that Apple has NOT been buying injection molding machines since they perfected it. They could be a shadow buyer.
If Apple wants Eontecs formulas, they would absolutely need to renegotiate the TTA. This was not Liquidmetal IP but rather Eontec IP. As it was not developed by LQMT, Apple does not get rights to it by default.
I have plenty of pokers in the fire. This is a position I hope to exit in the future but hopefully not for less than $0.50. I'm just waiting for a few solid contracts.
How much is FU money?
I currently hold just over 1 million shares. Many of my friends think I'm nuts. If this thing ever hits a dollar, I will be super happy as it will be a life changer. If yahoo were correct (it would be a first), but my family formation would be in great shape.
Who knows? That area is VERY exclusive and I would think somebody would want the entire parcel.. 5 acres is hard to come by
Hey Carson,
So we're neighbors. It's nice to meet you.
I currently live in SF. I would like to buy a house in Mill Valley. I saw an awesome 3 bedroom home on Redfin earlier today listed for $910,000 that apparently can't find a buyer. If this hit $1/share, I'd consider buying it so that I could get out of my studio.
How do you like living in Mill Valley?
Watts,
If you Apple Map the address 15560 Shannon Heights Road in Los Altos and put it on 3D view, you can actually see the property from both an aerial and side view. It's amazing. That is the house he is tearing down!
This project is NO JOKE
So his new home is 4,500 square feet. This is also on 5+ acres in Los Altos. This is a huge estate. This home will be worth more than $10 million dollars and if he's retired and it's a construction loan, not many banks will lend on the project without collateral. You can't use a penny stock as collateral in any case I'm aware of.
This may bode very well for us. Good job Watts! This is actually very good Due Diligence of this is the same Tom Steipp
Ok, so here's the deal. In SAN Francisco, new construction gets $1,300 per square foot. If Tom is building 3000 square feet, that's a $4,000,000 project and he is retired.
I think this may be a VERY good sign as he may think his shares are worth something.
Watts,
Good eye. I live in San Francisco. Property taxes here are based on 1.1826% of the value of the home. He will definitely move to Los Gatos or Los Altos or wherever it is. This is the absolute best community in the country!
He'll be neighbors with Elon.
If this hits $1, I'm moving to Mill Valley and starting a family. Going to practice a lot before my first born..
How do they push the price down like that? What mechanism do they have to push it down like that? This is an honest question
WTF just happened? Why are we down 15%
You say some really stupid things. You are a fool. Bigger than Apple someday???? Yeah, you are an idiot
Jolly,
Funny, I make $10,000 for every penny move. I NEVER trade it though. Hopeful I will be able to dump it in the future for $0.50 or more per share
If they announce contracts, this will explode and shirts will be in trouble. This could very quickly double or triple with the right news next week. Things have been slow but we could hit terminal velocity very soon.
God willing!
I hope you are joking.
APPLE is the most secretive company on the planet and is like fight club. What's rule #1 in fight club?
It'll NEVER happen. We will learn about Apple WHEN Apple announces it and not one day before
Gorgol,
Whatever happens, it was nice getting to know ya.
I originally bought because Steve Jobs and Jony Ive needed to keep innovating. I believed in them.
We got Steipp, a fool and a crook.
Just behore she flatlined, we are saved..
Or has this entire process been for Apple to control AM and up the game again.
If we hit $0.50, I may take my profits and immediately make a Financial plan on myself.
Wither way, a total life game changer
Eontec's injection molding machine can shoot a 500 gram ingot and make a complete 350 gram part as compared to Engels shooting a 100 gram slug with a final part weighing 80 grams
The photo on the lower right hand corner of the fifth slide of the presentation comes straight from the www.prometaltech.com website of which Atakan Peker is involved!
APPENDIX A
List of LMT Licensed Patents and Trademarks
U.S. Patent No. 5,711,363 – Die-Casting of Bulk-Solidifying Amorphous Alloys, Issued 1/27/1998
U.S. Patent No. 5,735,975– Quinary metallic glass alloys, Issued 4/7/1998
U.S. Patent No. 5,772,803 – Torsionally Reacting Spring Made of a Bulk-Solidifying Amorphous Metallic Alloy, Issued 6/30/1998
U.S. Patent No. 5,797,443 – Method of Casting Articles of a Bulk-Solidifying Amorphous Alloy, Issued 8/25/1998
U.S. Patent No. 5,896,642 – Die-Formed Amorphous Metallic Articles and Their Fabrication (Die-Forming (Molding) of Bulk Alloys), Issued 4/27/1999
U.S. Patent No. 5,950,704 - Replication of Surface Features from a Master Model to an Amorphous Metallic Article (Replication with Bulk Alloys), Issued 9/14/1999
U.S. Patent No. 6,010,580 – Composite Penetrator (Composite Kinetic Energy Penetrator), Issued 1/4/2000
U.S. Patent No. 6,021,840 – Vacuum Die Casting of Amorphous Alloys, Issued 2/8/2000
U.S. Patent No. 6,446,558 – Shaped-Charge Projectile Having an Amorphous-Matrix Composite shaped-Charge Liner, Issued 9/10/2002
U.S. Patent No. 6,682,611 – Formation of Zr-Based Bulk Metallic Glasses from Low Purity by Yttrium Addition (Chinese Group), Issued 1/27/2004
U.S. Patent No. 6,771,490 - Metal Frame for Electronic Hardware and Flat Panel Displays, Issued 8/3/2004
U.S. Patent No. 6,818,078 - Joining of Amorphous Metals to Other Metals Utilizing a Cast Mechanical Joint (Joining by Casting), Issued 11/16/2004
U.S. Patent No. 6,843,496 - Amorphous Alloy Gliding Boards, Issued 1/18/2005
U.S. Patent No. 6,875,293 - Method of Forming Molded Articles of Amorphous Alloy with High Elastic Limit, Issued 4/5/2005
U.S. Patent No. 6,887,586 - Sharp-Edged Cutting Tools, Issued 5/3/2005
U.S. Patent No. 7,008,490 - Method of Improving Bulk-Solidifying Alloy Compositions and Cast Articles Made of the Same (Improving Bulk Alloys), Issued 3/7/2006
U.S. Patent No. 7,017,645 - Thermoplastic Casting of Amorphous Alloys (TPC), Issued 3/28/2006
U.S. Patent No. 7,073,560 - Foamed Structures of Bulk-Solidifying Amorphous Alloys (Foamed Structures), Issued 7/11/2006
U.S. Patent No. 7,157,158 - Encapsulated Ceramic Armor, Issued 1/2/2007
U.S. Patent No. 7,293,599 - Investment Casting of Bulk-Solidifying Amorphous Alloys, Issued 11/13/2007
U.S. Patent No. 7,500,987 – Amorphous Alloy Stents, Issued 3/10/2009
U.S. Patent No. 7,520,944 - Method of Making In-Situ Composites Comprising Amorphous Alloys, Issued 3/21/2009
U.S. Patent No. 7,560,001 - Method of Making Dense Composites of Bulk-Solidifying Alloys and Articles Thereof, Issued 7/14/2009
U.S. Patent No. 7,575,040 - Continuous Casting of Bulk Solidifying Amorphous Alloys, Issued 8/18/2009
U.S. Patent No. 7,582,172 - Pt-Base Bulk Solidifying Amorphous Alloys, Issued 9/1/2009
U.S. Patent No. 7,588,071 - Continuous Casting of Foamed Bulk Amorphous Alloys, Issued 9/15/2009
U.S. Patent No. 7,604,876 - Encapsulated Ceramic Armour, Issued 10/20/2009
U.S. Patent No. 7,618,499 - Fe-Base In-Situ Composite Alloys Comprising Amorphous Phase, Issued 11/17/2009
U.S. Patent No. 7,621,314 - Method of Manufacturing Amorphous Metallic Foam, Issued 11/24/2009
U.S. Patent No. 7,862,957 - Current Collector Plates Made of Bulk-Solidifying Amorphous Alloys, Issued 1/4/2011
U.S. Patent No. 7,896,982 - Bulk Solidifying Amorphous Alloys with Improved Mechanical Properties, Issued 3/1/2011
U.S. Patent No. 8,002,911 - Metallic Dental Prostheses Made of Bulk-Solidifying Amorphous Alloys and Method of Making Such Articles, Issued 8/23/2011
U.S. Patent No. 8,063,843 - Antenna Structures Made of Bulk Solidifying Amorphous Alloys, Issued 11/22/2011
U.S. Patent No. 8,197,615 - Amorphous Alloy Hooks and Methods of Making Such Hooks, Issued 6/12/2012
U.S. Patent No. 8,325,100 - Antenna Structures Made of Bulk-Solidifying Amorphous Alloys (Continuation), Issued 12/4/2012
U.S. Patent No. 8,431,288 - Current Collector Plates Made of Bulk-Solidifying Amorphous Alloys, Issued 4/30/2013
U.S. Patent No. 8,445,161 - Current Collector Plates Made of Bulk-Solidifying Amorphous Alloys, Issued 5/21/2013
U.S. Patent No. 8,459,331 – Vacuum Mold, Issued 6/11/2013
U.S. Patent No. 8,485,245 - Bulk Amorphous Alloy Sheet Forming Processes, Issued 7/16/2013
U.S. Patent No. 8,501,087 - Au-Base Bulk Solidifying Amorphous Alloys, Issued 8/6/2013
U.S. Patent No. 8,679,266 - Objects Made of Bulk-Solidifying Amorphous Alloys and Method of Making the Same, Issued 3/25/2014
U.S. Patent No. 8,813,813 - Continuous Amorphous Feedstock Skull Melting, Issued 8/26/2014
U.S. Patent No. 8,813,814 - Optimized Multi-Stage Inductive Melting of Amorphous Alloys, Issued 8/26/2014
U.S. Patent No. 8,828,155 - Bulk Solidifying Amorphous Alloys with Improved Mechanical Properties, Issued 9/9/2014
U.S. Patent No. 8,830,134 - Antenna Structures Made of Bulk-Solidifying Amorphous Alloys (Continuation), Issued 9/9/2014
U.S. Patent No. 8,858,868 – Temperature Regulated Vessel, Issued 10/14/2014
U.S. Patent No. 8,882,940 - Bulk Solidifying Amorphous Alloys with Improved Mechanical Properties, Issued 11/11/2014
U.S. Patent No. 8,927,176 - Current Collector Plates of Bulk-Solidifying Amorphous Alloys (Divisional), Issued 1/6/2015
U.S. Patent No. 8,936,664 - Crucible Materials for Alloying Materials, Issued 1/20/2015
U.S. Patent No. 8,944,140 - Squeeze Cast Molding System Suitable for Molding Amorphous Metals, Issued 2/3/2015
U.S. Patent No. 8,978,736 - Plunger with Removable Plunger Tip, Issued 3/17/2015
U.S. Patent No. 9,057,120 - Thermoplastic Forming Methods for Amorphous Alloys, Issued 6/16/2015
U.S. Patent No. 9,108,243 - Production of Large-Area Bulk Metallic Glass Sheets by Spinning, Issued 8/18/2015
U.S. Patent No. D563954 - Retractable Memory Stick, Issued 3/11/2008
U.S. Patent No. RE44,385 - Method of Making In-Situ Composites Comprising Amorphous Alloys, Issued 7/23/2013
U.S. Patent No. RE44,425 - Continuous Casting of Bulk Solidifying Amorphous Alloy, Issued 8/13/2013
U.S. Patent No. RE44,426 - Continuous casting of foamed bulk amorphous alloys, Issued 8/13/2013
U.S. Patent No. RE45,353 - Method of Making Dense Composites of Bulk-Solidifying Amorphous Alloys, Issued 1/27/2015
U.S. Patent No. RE45,414 - Continuous Casting of Bulk Solidifying Amorphous Alloys, Issued 3/17/2015
U.S. Patent No. RE45,658 - Method of Manufacturing Amorphous Metallic Foam, Issued 8/25/2015
U.S. Patent Application No. 10/524,954
U.S. Patent Application No. 10/565,839
U.S. Patent Application No. 11/577,052
U.S. Patent Application No. 12/984,440
U.S. Patent Application No. 12/984,433
U.S. Patent Application No. 13/408,824
U.S. Patent Application No. 13/408,730
U.S. Patent Application No. 12/615,097
U.S. Patent Application No. 13/494,804
U.S. Patent Application No. 13/636,032
U.S. Patent Application No. 13/704,537
U.S. Patent Application No. 13/945,176
U.S. Patent Application No. 13/532,233
U.S. Patent Application No. 14/174,206
U.S. Patent Application No. 14/237,089
U.S. Patent Application No. 14/348,399
U.S. Patent Application No. 14/348,390
U.S. Patent Application No. 14/348,404
U.S. Patent Application No. 14/345,883
U.S. Patent Application No. 14/359,060
U.S. Patent Application No. 14,345,159
U.S. Patent Application No. 13/939,939
U.S. Patent Application No. 13/940,051
U.S. Patent Application No. 13/939,995
U.S. Patent Application No. 14/480,357
U.S. Patent Application No. 14/374,803
U.S. Patent Application No. 14/350,498
U.S. Patent Application No. 14/537,384
U.S. Patent Application No. 14/828,302
U.S. Patent Application No. 12/805,807
U.S. Patent Application No. 14/266,934
U.S. Patent Application No. 14/572,126
U.S. Patent Application No. 14/572,066
U.S. Patent Application No. 14/572,1
It seems Eontec will be needing a LOT of zirconium supplied in the future.
This may actually have Apple written al over it
Things are moving quickly behind the curtain.
The question is "who is pulling the strings"? And (to where)?
Lugee Li will make far more as a contract manufacturer for Apple than in the sale of LQMT to Apple. This could be leverage to get Apple to sign a contract manufacturing deal.
I don't know
That's the play. Lugee will get orders, boost the price and when he makes a takeover attempt, Apple will be forced to pay him a large premium for his shares
So worst case scenario, we sit and wait for a year and a month. Keep following Apple patent activity. Maybe they show their cards last minute
What would this look like
Gamesc,
What are we looking for here
What about Apple? If Apple has an interest in protecting their patents and controlling them, couldnApple come in and force the sale?
Curious how this all plays out.
but they must buy back the outstanding shares? Am I right?
If they take us private, how much would they have to pay us for each outstanding share of the company stock? How is this number determined?
Watts and Gamesc:
I was just on the www.prometaltech.com website and realized that Anita Lin is the founder of Wintop. I believe this is the company that makes the CNC machines that apple uses with all of their suppliers.
I'm trying to connect dots. What affiliation does Lugee Li have with either Wintop or prometaltech?
GTAT GT Advanced Technologies
Interesting development.
Not sure how I feel about this. I hated Steipp, stupid crook. That said, what happens from here on out? I am concerned. What if they stop having conference calls? This may not end well for us or it could end VERY well for us.
If this were to jump to $0.50 at any time, I will bail.
I totally let him have it two calls ago. The thing is as soon a second they open up the call to investors, you must dial in immediately.
Then you can grill him like a cheese sandwich
What past?
Thy haven't done anything with the tech
Let's be honest. Nobody knows his true intentions
So I'm curious. How old is everybody and I'm curious how much each of you would need to retire comfortably. I'm just curious as we'be been developing relations just by watching this for years. So I'll start.
I'm 35. I will need $2,000,000 to retire comfortably. I will also need a $150,000 income.