Liquidmetal Technologies Inc (LQMT)

[PatentGuy1]

I didn't say that Apple had any rights to Eontec's IP. I said "until there is some change in the agreement with Apple and/or with Eontec, we should forget about consumer electronics with any company because LQMT currently doesn't have the IP in that field."

Please allow me to explain why LQMT doesn't have IP in the consumer electronic device field in detail.

1) LQMT cannot use CIP technology in the field of consumer electronic devices as stipulated in the MTA.

2) The Eontec-LQMT cross licensing agreement excluded the field of consumer electronic devices. Which means that LQMT cannot use Eontec's IP in the field of consumer electronic devices because LQMT doesn't have a license to do that (and vice-versa for Eontoc). As reported by LQMT with regard to the Eontec-LQMT cross licensing agreement:

The licenses granted under the License Agreement cover all fields of use and products other than consumer electronic products, watches and components thereof, certain luxury goods, and defense and munitions applications. The licenses are also limited by applicable any U.S. and China legal requirements or approval requirements.


https://www.sec.gov/Archives/edgar/data/1141240/000143774916027548/lqmt20160311b_8k.htm

Points 1 and 2 above add up to LQMT not having IP in the field of consumer electronics.

With regard to your statement that "Eon/Li has their own formulas and patents (now under the Liquidmetal brand) for BMG in both US and China and we do not know what rights (if any) that Apple may have to these." I agree wholeheartedly, but it is irrelevant as to whether LQMT has IP in the field of consumer electronic devices.