Friday, May 08, 2020 12:48:16 PM
If he just wanted the IP, he could have just waited another couple years when LQMT would have gone bankrupt. Why didn't he just do this?
He clearly has already benefited - 4yrs have passed and we have 4yrs left..
He most certainly has NOT benefited from the millions he spent. He lost control of Eon and Eon is not making huge profits on BMG to date. Your statement is completely false.
Quote:
Why did he spend so much legal effort to stop Kang here in the US if he only wanted the IP for China?
Because he wants to ensure he controls US market - notice the China market where the term is widely used but not much gumption to go after these firms - either that's because the IP of LQMT is in there via Eontec PLA(workaround 106c non-patent) or China is under different set of needs(control)
He CAN"T control the US market per the PLA. Please read it and learn it. NA and EU belong to LQMT - period. Again, your answer is completely false.
Quote:
Why would Eon have forced him to sign a non compete agreement if they knew it was just an IP grab?
Because he brought the ideas and information to them, the know how stays with Eontec and via Yihao, which is affiliated. The Non-Compete actually reinforces the IP grab.
FALSE, it does nothing to reinforce your theory of an IP grab. Your statement is absurd. If they only wanted the IP, they would have cared less about competition.
Quote:
Why would he have cared to cut operating expenses at LQMT if he only wanted the IP?
He surely doesn't want LQMT to go under - if it veered this way, he would simply buy it out for pennies on dollar. Cutting operating expenses is simply a way to elongate the future opportunity but by no means is it a reason that he still doesn't have an advantage if LQMT went BK..
This completely contradicts what is stated above. If all he wanted was the IP, he WOULD have waited for LQMT to go bankrupt then swooped in to get it much cheaper. There is no getting around this.
Quote:
Why wouldn't he have taken a bloated salary like past CEO's to get some of his money back if he only wanted the IP?
Bromage got this - only room for one bloated salary..
Another non-answer from you. Didn't address the question.
I have provided nothing but FACTS to support my statement and you have responded with nothing but SPECULATION to try to support your tin foil theory.
Recent LQMT News
- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM