Liquidmetal Technologies Inc (LQMT)

[PatentGuy1]

Isn't it understood here….that unless Apple steps up and renegotiates with Li…Li has the right to take his own LM105 formula (not covered in the original agreement) and use it to make phone casings for other cellphone manufacturers in China?

The problem that I have with your statement is that I don't know whether by "Li" you mean the individual, Eontec, LQMT, or some amalgamation, and consequently, I don't understand how LQMT will benefit.

I don't think that "Li" as an individual has any right or capacity to do as you suggest. I believe that Eontec has the rights to the BMG formulation.

At this point in time, LQMT has no rights to use the Eontec formulation in the field of CE, because CE was excluded from the cross licensing agreement. The cross licensing agreement could be amended to grant LQMT such rights, but at what cost? Li has fiduciary responsibilities to the Eontec shareholders. He cannot just grant LQMT such rights without getting something of value in return. How does LQMT gain the right to use Eontec's BMG formulation in the field of CE? Do you have any guesses/ideas on what LQMT might exchange for such rights? Do you think that the rights will be given without an exchange of value (i.e., for free)? If Li gives some of Eontec's rights to LQMT for free, how are we going to feel when he gives some of LQMT's rights/things of value to Eontec for free?

Eontec can use its BMG formulation as you have suggest. In fact there has been nothing stopping Eontec from having done so ever since the formula was developed. However, how does Eontec's use of their formulation "to make phone casings for other cellphone manufacturers in China" benefit LQMT?

What I am trying to ascertain is how LQMT get into the CE field. I understand that Eontec and LQMT are, and will be, intertwined, but I don't care about Eontec. I don't own stock in Eontec. IMO, it is a fallacy and naive to believe that a benefit to Eontec will automatically result in a corresponding benefit to LQMT.