Liquidmetal Technologies Inc (LQMT)

[Eicheljager]

1. Apple 2010 and birth of CIP
a. No CE for LQMT
b. Apple gets trademark rights in China
2. Berylium is toxic
3. LM105 - no Berylium
4. Apple was going to use sapphire and Liquidmetal in the iPhone
a. GTAT and Visser happened
b. LM105 is an expensive formulation
5. LQMT sinking and living on share dilution and bank credit
6. Lugee Li makes a (relatively small investment in LQMT)
7. Li has a plan to create the maze and a cheaper formulation
8. Apple and Li meet. Steipp told by Apple to bring Li into the fold
9. Li protects Eon IP from Apple
10. Apple can manufacture without Eon, but with Engel and LM105 at triple the price, or with Eon. Apple bluffs and says they are staying put, relying on CIP patents
11. Li counters with Huawei et al. and Chinese government support
12. Apple sees the writing on the wall, and agrees to use Eon machines and 106c, provided all prototypes perform identically
13. Apple cannot have their prototypes revealed, so they demand that Li create a secure facility with Engel and Eon machines. LQMT is sworn to secrecy with penalties of $50 million per breach.
a. In order to enforce this, every employee signs an NDA
b. Answering any questions, including investor phone calls, will lead those investors to quickly understand the relationship with Apple. As a consequence, there is a lights-out policy where nothing is to be discussed unless required by law
14. Apple finishes its prototyping and moves into production. LF is no longer needed by LQMT, so they seek to lease it to a production partner.
15. LQMT makes insane money from Apple and we all buy orange lamborghinis, give money to Alzheimer's research, and buy stupidly expensive bottles of champagne.