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Re: fricassee post# 219232

Tuesday, 12/14/2021 2:04:57 PM

Tuesday, December 14, 2021 2:04:57 PM

Post# of 228131
It appears that MacB is a sales company with an EU customer base.
They would engage the customer and then place the order through LQMT US who would then have Yihao manufacture and ship the parts to the customer.

I don't want to sound to bullish as I have been here too long, but going with a specific sales group who more than likely already has existing customers/clients, would imply that there are buying customers lined up. There are a number of different sales companies they could partner with, or they didn't have to partner at all and just try to sell direct (albeit that hasn't done well in the past).
But this is a bit different as this is a sales partner and not a manufacturing partner as we have seen in the past.

The downside is that I do not think there would need to be an 8K here for sales made by MacB. As we have a partnership and not a direct sales contract. If MacB has a sales contract with customer X, then we would be the supplier to MacB. Not a direct contracted customer. So we may not see an 8K and may have to wait for the financials. So I think we are still waiting for the quarterly financials....again.

It seems like this company is going out of its way to keep such a low profile. And it is extremely frustrating to investors. But there is only one reason for them keeping such a low profile, and that is that Apple is still in the mix here.