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Re: Watts Watt post# 85747

Tuesday, 03/29/2016 9:26:32 PM

Tuesday, March 29, 2016 9:26:32 PM

Post# of 232841
Perhaps it might go something like this


1. Turing Phone caught Apple's attention
2. Apple recognized Eontec might be the perfect match for the ultimate 10th anniversary iPhone X.
3. Eontec recognized (or purposely done) Turing Phone is just a "brick" prototype. It needs Jonathan Ive treatment.
4. Upon detail negotiation, both parties recognize they cannot shake off LQMT somehow (or at least it will cause time to market due to legal team involvement)
5. Li woke up one night and realize he can "have the cake and eat it too" simply by acquiring LQMT (merely as a conduit) in fire sale and set up a legitimate offshore investment entity.
6. Apple of course cannot risk Eontec being in control as the "single source" vendor. They accepted the deal with the condition that Li cannot have 51%.
7, Li settled for 100% win in Eontec and compromised for 46% win in LQMT with practically 100% control for both entity.
8. Li has the right to split the Eontec/LQMT Apple pie whatever he choose for personal gain.


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