Liquidmetal Technologies Inc (LQMT)

[truetrue]

So true ! LQMT could have chosen a similar path and didn't. Now "GT" has a legal claim against APPLE for punitive & egregious terms (per the article). APPLE paid GT a loan to change their business model to be sole - provider to ONLY help APPLEthen dropped the company's product. Nice.

Personally - I'm SO happy Liquidmetal is going their own way without any more APPLE $$, but with APPLE IP into non-CE markets.

***Apparently APPLE sole-source deals come with strings attached that twist into a noose and hang your company.

http://finance.yahoo.com/news/gt-cut-jobs-wind-down-183439758.html

"GT Advanced Technologies will cut 890 jobs, close an Arizona plant expected to make scratch-resistant screens for Apple Inc (AAPL.O), and...pursue legal claims against the iPhone maker while revamping under bankruptcy.

"Only if GT winds down these operations will it be able to stop its mounting losses and re-focus its resources on the operation of its core business of selling sapphire furnaces and other products," the company said on Friday.

"GT believes that it has many claims against Apple arising out of its business relationship with Apple," the company said in a filing with the U.S. Bankruptcy Court in Manchester, New Hampshire.

The company said it could not pursue the unspecified claims at the outset of its bankruptcy, but that the claims would allow GT Advanced to terminate several Apple agreements that it said were burdensome and of no value."