InvestorsHub Logo
Followers 7
Posts 1512
Boards Moderated 0
Alias Born 12/10/2018

Re: jaybiscuit post# 195427

Wednesday, 07/22/2020 9:54:43 AM

Wednesday, July 22, 2020 9:54:43 AM

Post# of 232989

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'

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News