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Wednesday, July 22, 2020 9:54:43 AM
For example, a CNC cutting machine used in the manufacturing of metal iPhone and iPad cases costs upwards of US$1 million.
“That’s a specialized machine only for use in making Apple products,” attests the Apple case vendor executive.
lqmt machines via lugee maze cost about 300k and the maze will also supply the raw material and handle the recycling.
cnc machines have more steps than lqmt machines and they take longer to cnc compared to injection molding.
according to the article case vendors have made losses on past cnc equipment purchases.
injection molding looks more cost effective overall.
'follow the machines'
Prof Yeung Tak Lugee Li has 170 million (22%) reasons to make eontec profitable and 415 million (45%) reasons to make lqmt profitable
'Prof Li is the majority owner/officer/director & has sole power to direct the voting and disposition of such shares'
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
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
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