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Saturday, November 26, 2016 9:28:25 AM
So, how do you see the Engel situation resolving itself so that Engel is out of the way, if that is Lugee's intention, and revenues can be generated through LQMT?
Right now, considering Engel and the territoriality provisions, Eon can use their machines in Asia and generate revenues to Eontec, only, unless Eontec consents to the change to allow those revenues to be allocated to LQMT, but if that happens, it gets tricky because Engel may have an opening for violation of the exclusivity Agreement.
However, any customers in Europe and N.A. are customers of LQMT and subject, currently, to the Engel exclusivity. Of course, the rest of the world is fair game, but LQMT is still subject to Engel, as that Agreement currently stands.
Would be great to understand your thoughts. Thanks.
Bottom line - there are a myriad of ways Lugee could have cut a deal without needing 400,000,000 shares to eventually sell when he creates a valuation that makes it worth his while to sell and I just don't see him going that route until it's in dollars, as dumping before that would seriously hamstring his value for any future sales, particularly when volume is too light to execute any large sales.
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