Liquidmetal Technologies Inc (LQMT)

[chipboarder]

This group is repeatedly setting itself up for disappointment....the focus shouldn’t be on revenues because the only true revenues are bridge pins and dental pieced parts since the orders originate in the US. Most of the parts that are manufactured in China will show up as Eontec revenue and our slice (if we are entitled to it) will show up as royalties or license fees. We have been assuming a 6/12% royalty fee but there is no confirmation of that number. In any case, a million dollars in parts may result in $60k in royalties so it will need to be many millions of applicable sales to get to a meaningful total.

The true road to success I will be having 2-3 major manufacturing partners using the technology, based in the US and building a healthy royalty stream.. it’s just like the insurance industry....sell a policy, collect a cut of the premiums forever. Also good news royalty stream companies drop 90% of those royalties to the net income line.