Wednesday, January 29, 2020 8:15:55 AM
The eontec-liquidmetal PLA exactly matches Apple’s “Segment Operating” locations.
It’s always been a question as to how Li would determine PLA production revenue by geographic areas for liquidmetal and eontec customers.
This Apple geographic match is as much proof as we can get without an actual PR or financial release—read below. Apples non disclosure agreements prohibit “leaks”—so don’t expect a PR or a joint development agreement from Apple or Liquidmetal/Eontec. (When thinking about apples non disclosure requirements, keep in mind the recent lawsuit that liquidmetal brought and won against “JohnKangliquidmetal”. Kang’s website was riddled with Apple references. Plus—a significant portion of the court docs were redacted. Why???? Apple! The fact that liquidmetal used a law firm that Apple routinely uses for trademark and other infringements was not by chance!)
Now back to the PLA and Apple segments from the Apple 10k. Based on the info below—with link—Apple’s “geographic segments” manage THEIR OWN supply chains. This shows that orders come from each segment for production and distribution.
Here’s the quote from Apples 10k: “each one is managed separately to better align with the location of the Company’s customers and distribution partners”.
Thus, APPLE revenue is easily trackable by Li’s eontec and liquidmetal to match the PLA—(parallel license agreement). THIS IS NOT A COINCIDENCE. This is exactly why the PLA was written as it was. The PLA link is included below—see sections 1.6 and 1.21. Note the exact geographic match to Apple’s “segments”.
Here’s THE FULL cut and paste from the Apple 10k showing the PLA’s perfect alignment—see actual page 23 of the pdf/listed page 20 of the report:
“Segment Operating Performance
The Company manages its business primarily on a geographic basis. The Company’s reportable segments consist of the Americas, Europe,GreaterChina,JapanandRestofAsiaPacific.AmericasincludesbothNorthandSouthAmerica.EuropeincludesEuropean countries, as well as India, the Middle East and Africa. Greater China includes China, Hong Kong and Taiwan. Rest of Asia Pacific includes Australia and those Asian countries not included in the Company’s other reportable segments. Although the reportable segments provide similar hardware and software products and similar services, each one is managed separately to better align with the location of the Company’s customers and distribution partners and the unique market dynamics of each geographic region. Further information regarding the Company’s reportable segments can be found in Part II, Item 8 of this Form 10-K in the Notes to Consolidated Financial Statements in Note 11, “Segment Information and Geographic Data.”
Apple Link: https://s2.q4cdn.com/470004039/files/doc_financials/2019/ar/_10-K-2019-(As-Filed).pdf#page17
Eontec liquidmetal PLA link: https://www.sec.gov/Archives/edgar/data/1141240/000143774916027548/ex10-2.htm
Now remember that liquidmetal bought a building in California and laid out significant cash to upgrade the electricity. It was speculated and confirmed that this was for “proof of concept”. The building cost was $8 million, the upgrades were $?, the equipment was $?. The only reason to do this was because of the opportunity for a LARGE contract—Apple.
Plus, there was an early document released by Eontec that specifically said something to the effect that Eontec/yihao, liquidmetal and Apple would be working together for future products. I don’t have the time to find this link now, but a little research on previous IHUB posts will provide you with a link.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM