Sunday, March 19, 2017 11:16:34 PM
>>Eontech has been manufacturing BMG products for something like 1-3 years
>>Eontech sells globally and has a fair number of US based customers...the website lists the customers (except those that objected or are covered by non-disclosure agreements.
>>Some portion of Eontech's customer base in North America or Europe are buying BMG products.
>>The partnership agreement between Eontech and Liquidmetal divides the world between the 2 partners. Eontech has exclusive rights to Asia and Liquidmetal owns North America/Europe.
>>To continue to supply the non-Asian customers, Li needs to produce the exact same products under the Liquidmetal umbrella so he ships the actual machines to LQMT so that the customers can be confident that the products will be identical. Expect a handful of engineers and operators to follow the machine and train the new operators.
What does all this mean? It means that the two machines will arrive with an inventory of pre-qualified products and built-in sales for Liquidmetal.
Li's intent is to "jumpstart" the business and stop the million dollars a month flowing down the drain.
Question...Why would Lugee Li invest $60 million of his own money into a company with no sales/no prospect of near term success? He has a detailed plan to turn 60==>600 within a few years.
Its going to be exciting!
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