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Re: None

Wednesday, 05/06/2020 10:30:08 AM

Wednesday, May 06, 2020 10:30:08 AM

Post# of 232839
People who “lay their money down” can be classified as investors, gamblers or speculators and personally I prefer being a speculator. Let me speculate a bit on the licensing fee from the 10Q....

We have a very well defined and published revenue sharing agreement with Euctrix which says LQMT gets 6% or 12% licensing fee for any product sales depending upon who initiates the sale...

If we assume that agreement didn’t materialize from thin air, I’ll propose that it was modeled after the less publicized agreement with Eontec/Yihou. If that is the case, the $25k licensing represents our piece of attributable sales in the $200k-$400k range. It could be parts for Tesla or various other small applications destined for North America or Europe.

I look at it as a significant starting point that confirms the existence of a mechanism to compensate LQMT in the future. As the Eontec/Yihou slice gets larger, so will ours...I am encouraged.
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