Liquidmetal Technologies Inc (LQMT)

[Eicheljager]

According to Josh's posts in April, the google translate has overstated the Eontec amount of 416 million yuan when it should have been 4.16 million. This means that the 46 million royalty should read 460,000 yuan, or $70K. This probably was received.

To his point back in April, that was simply for the door locks. A lot more seems to be moving from Eontec to Tesla these days.

If the actual sale of Tesla parts had been a LQMT sale with Eontec manufacturing, I wouldn't think we would be receiving a royalty as payment. I would think we could book the entire sale, with a large manufacturing cost going to Eontec. A royalty says to me that they are either using our alloy, or our brand name. Our brand name use is subject to the ROFR.