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Wednesday, November 28, 2018 8:32:42 AM
Here is a "case" in point - no pun intended.
https://www.cnn.com/2018/11/28/tech/trump-tariffs-apple-iphones/index.html
The stock troubles and why LQMT has continued to decline is that they will likely never see any revenue from Apple, unfortunately.
If you look, Eontec will build machines/mfg epicenter in China using LQMT tech for all Apple CE markets - LQMT is left in the cold, since the Apple licensing is free. This is why the market has continued its decent, Hauck left, Engel moved on and Lugee is promising employees stock to stay.
Essentially, Lugee paid $68m to get Eontec the Apple contract, everything else may be table scraps.
LQMT needs $8m-$10 mil in revenue to get cash flow + and I keep seeing $500 mil in revenue which is a dreamscape.
Essentially the tariffs are simply going to propel Apple to invest into mfg of IPhone technology, using LQMT for free, while paying Eontec China - this could make up the 30% tariffs when they can ramp/scale the mfg process.
LQMT was Lugee's ploy for dominance, at expense of you and I
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