Thursday, March 07, 2019 6:16:31 PM
Do you have proof of this?
We do not know how revenues will be allocated from mass production in China. To say unequivocally one way or the other is a false statement. The intent of my original post was CE is marketed by LQMT China and has never been marketed by LQMT US. This is nothing new.
Revenue is an entirely different discussion which everyone here has an opinion on. Based on the fact that mass production in China (for CE and/or non-CE) will be bringing in not tens, but hundreds of millions in revenue, and it is in Li's best interest as a shareholder to have some level of revenue go to LQMT US, and the fact that LQMT US only needs about $8M in revenue to get out of the red, this all leads me to believe that there will be some small percentage of revenue from LQMT China and its JV's to go back to LQMT US. I could not imagine Li would have gotten approval from Eon to purchase LQMT US shares and share its IP, not to have any level of revenue from China mass production back to LQMT US. That would be foolish and not be in line with Li's track record. You are literally talking about 1% or less of the level of revenue that will be made in China to make LQMT US profitable. So it sounds like a foolish argument to me to say that no revenue from mass production in China will come to LQMT US. All of the facts point the other way. Plus if they can ever make any revenue from LF, that is just gravy.
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