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Re: PayMEmf post# 149902

Sunday, 05/20/2018 12:38:33 PM

Sunday, May 20, 2018 12:38:33 PM

Post# of 232827
LQMT has not received a waiver. Apple has to grant a waiver for LQMT to enter into new CE agreements. On the other hand Eontec, does not need a waiver. They were already manufacturing parts for CE with at least 2 other mobile phone manufacturers. EON the parent company of Eontec has many subsidiaries. It is quite amazing how technology from patents are distributed and trickle down all over the globe. Some of these actions lead to lawsuits, others are to expensive and too exhausting to pursue.

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.
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