Friday, July 21, 2017 10:13:31 AM
Please forgive me if this has already been covered on this forum. I've always been curious as to Li's holdings at eontec. The reason I bring this up, even though I'm sure he still owns a fair amount, i think he stands to make more from LQMT in share price than at Eontec because of where everything stands. If the iPhone thing were to happen as some are speculating, and I see no reason we shouldn't look at this scenario. I don't think LQMT would be able to produce the volume yet, but they could get the contract, and certainly subcontract the production to the chinese company. In this scenario, Apple worked with a company they have cross licensing with, an American company, LQMT takes a contract in accordance with their agreement with the Chinese company where a contract from North America would be theirs. Eontec gets a large manufacturing contract. In the end everybody wins... Li wins twice: LQMT explodes into the revenue world, share price follows, eontec gets the revenue, share price also goes up. So it's in Li's interest to get LQMT doing better anyway.
LQMT stands to benefit the most from any size contract from Apple. doesnt matter if they produce it not. Obviously they make more if they don't sub it out, but revenue is revenue, and if they can't handle the volume yet, they can sub it out. Being tied to Apple never hurt it in the past either.
I think $1/share is the bump in the road if this were to happen. They hit close to $2 when it was announced they were working with Apple, and that wasn't a production contract...
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