Sunday, May 20, 2018 12:38:33 PM
LQMT would have mislead their shareholders if it were discovered that: A. They were pursuing CE without one and B. They were pursuing CE with one and did not disclose this. Your talking a huge problem for LQMT, if you believe they were granted a waiver.
Look at their business model. Look at the areas they are exploring as stated in their financial statements and website. They are not pursuing CE. When they get a waiver they can announce it and issue a NDA. Then all of us can speculate. Now if Eontec were granted a waiver, that is fine. But LQMT would not see a penny. Specifically, what amount would LQMT receive? 1%, 5%, 10%? Would not Li be in a position of conflict of interest if he violates the LQMT/Eontec agreements? What is he going to do sue himself? Who determines proper compensation to the shareholders of LQMT?
I don’t see Eontec violating the agreements. I do see other companies making and assembling the products that reach our shores.
As usual I could be wrong.
Recent LQMT News
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