Liquidmetal Technologies Inc (LQMT): 106c variant is "joint effort" between L...

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Re: joshuaeyu post# 170146

Monday, 04/01/2019 10:36:27 PM

Monday, April 01, 2019 10:36:27 PM

106c variant is "joint effort" between LQMT LF and YiHao Metal (after 04/02/2018).
106c is not part of CIP due to non renewal by Apple.
CIP cookie jar closed on 02/2016.
Apple ROFR expired on 02/2018.
YiHao Metal is 60% owned by Eontec after 04/02/2018.

PLA is between LQMT LF and Eontec.
PLA has exclusivity of CE hence Apple cannot be any part of Eontec.
PLA has an out clause for "life after 2016" via section 5.1 and 5.2.
Any joint development does not have to obey PLA rule.

Great break down, makes sense to me, just to pick your brain for a minute, when you state “any joint development does not have to obey PLA rule” due to CE NOT being part of the PLA, could this open up EONTEC/LQMT/Yihao to share CE production revenue? Meaning regardless it being an Asian client (EONTEC) or NA (Lqmt)...my thought is if CE is free game, then Li would use lqmt China which would divide revenues/profits 3 ways Yihao/EONTEC/LQMT?

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