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Thursday, January 21, 2021 7:46:51 PM
They can be made by anyone(we'll never get paid on the mfg side) but if the formula is LQMT/EONTEC PLA IP, then we get paid?
This is how most all of our contracts will end up - while we were direct sales on the current medical deal, we were not the mfg.
Yihao is going to make $ as contract mfg
LQMT will make money as the IP/product delivery
This is likely how most all deals will be structured if we bring the deal to the table(a bit better margins but as stated in one of the 10k/10q, Li has a major conflict of interest in this scenario) - even Apple, if such to be the case. Maybe they take the contract through LQMT USA for law/IP reasons but Yihao will be getting paid as mfg. - either through LQMT(which would make our revenue quite large but not likely) or directly from Apple with licensing staying through LQMT USA(most likely).
So, we can put our licensing packaging through anyones shop floor that has the ability to use our material and create product. As long as Li and Eontec(with CCP as a decision maker since they own a large chunk of company) will sell the package(machines) to mfgs, globabally.
If ProMetal Tech can make a product with LQMT IP(where we get paid), even better. More scale. Sell as many camera brackets as possible using the IP. This goes for any product in the world. If we can maintain IP/Licensing in majority of market(while mfgs start purchasing machines to do so) because the material is that good, then the business can scale very fast and very large. Its literally like a software company then.
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
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