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Re: joshuaeyu post# 105854

Monday, 01/02/2017 12:59:25 PM

Monday, January 02, 2017 12:59:25 PM

Post# of 239433

Cross license agreement between Eontec and LQMT is for non-CE.

With all due respect, do you know or believe this to be true. I don't recall Steipp saying that, and I haven't found a copy of the agreement.

This is CE discussion hence no "conflict of interest" yet.

I disagree with you on this point. Anytime Li has to balance what is good for Eontec versus what is good for LQMT, there is a conflict of interest. Li is CEO/COB of two competing companies. LQMT and Eontec recognize that they compete against each other, which is why there is a non-compete clause in the cross licensing agreement. Li's decisions today could favor one or the other company when the non-compete clause expires. IMHO, I find it highly unlikely that Li will never have to make a decision that wont involve a conflict of interest.

Li chose to acquire LQMT.

I disagree with you on this point also. Li may have acquired effective control of LQMT, but he hasn't acquired LQMT. We both still have shares of LQMT.
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