Liquidmetal Technologies Inc (LQMT)

[Eicheljager]

I see this as a reporting requirement to protect minority shareholders from majority shareholders (e.g. Li) who have connected interests in Hong Kong and elsewhere, from directing monies to connected companies. In those cases, someone like Li might make less at Eontec but more overall when the connected companies are combined, thereby screwing the minority shareholder that only has interest in Eon.

This particular page of text seems to be fulfilling an obligatory requirement to report connected transactions, identifying the type of transaction, listing the amount or predicted amount, and stating that, while permitted, the transaction needs to be fairly negotiated at market price. This disclosure allows the smaller shareholders to appropriately evaluate their investment in an environment where majority shareholders own pieces and parts of companies in both Hong Kong and China, each with subsidiaries, controlling entities, joint ventures, etc.

The interesting part to me is the amount. It seems to line up with our two small contracts. I don’t think it says much either way whether something big is in the works. There are too many variables, For example, Eon wouldn’t necessarily need to disclose potential revenue that originates with LQMT and is sourced to Yihao until the deal between Yihao and LQMT to make those parts is finalized.

Only an opinion based on what I’ve read this morning. I’m no expert.