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Friday, March 19, 2021 9:33:40 PM
I always knew we needed a mfg to step up and invest. Always thought Materion would pull that part together with Engel in ways, or find the right firm.
So, Li came in, took the IP back to China and with CCP investment into Eontec is in process of scaling the market.
The 106c strategy was how you organized it. No tea leaves, thats how we make money with 106c is what has been banged into my brain now.
The CIP does not have 106c in it but rather processes, advanced methods, etc. Li put both grandmas recipes on both sides of the IP BMG family and made a better recipe, 106c for industrialization. And then told Apple that they are going to scale the mfg process. And if they want in, they can pay LQMT a royalty to use 106c. We'll manufacture for you. And may even bring some mfg to USA through Foxconn. But pay us. And maybe even a large up front payment and then some royalties, like the MTA but different this time.
The way I understand it.
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