Tuesday, April 19, 2022 3:00:46 PM
1. From the March 2022 10k. Unlike previous 10K's, LQMT,
2. does not state they are pursuing Consumer Electronics in
3. any shape manner or form for their own revenue gains, other
4. than the agreements they have with Apple, for Apple's
5. potential revenue gains. Not one iota of consumer
6. electronics is mentioned to be manufactured or licensed.
More to follow...
Read it again:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168581613
It’s not a copy and paste of the 10K agreements. The LQMT/Apple agreements mandated the clause you referred to. That clause is for Apple’s benefit in developing future product parts exclusively for Consumer Electronics use and future product parts exclusively for every other Non Consumer Electronics use by LQMT. That’s the whole picture and nowhere in any of the filed LQMT documents with the S.E.C. does LQMT need Apple’s approval to include pursuing a part for Consumer Electronics, if in fact that part does not violate any part of those LQMT/agreements since 2010.
The whole picture was and is always there. Any mention of Consumer Electronics in the 10K is for APPLE’s Benefit and not for Liquidmetal Technologies inc. Any research done by LQMT and by Apple regarding amorphous metal is shred with Liquidmetal Technologies Inc. for LQMT’s gain in any product part other than Consumer Electronics.
If you or anyone else finds this to be otherwise in any of the filed documents from LQMT. Post it and let everyone else know of it’s existence.
As I stated in my post about LQMT & CE, there is more to follow. There were legal reasons for why this 10K was worded differently regarding the pursuit of Consumer Electronics by LQMT. The agreements are very clear on this. There are no gray areas.
It would be disingenuous or a misunderstanding of the agreements to suggest that LQMT can in anyway manufacture or contract a part for consumer electronics to gain revenues or fees.
It’s like saying LQMT intentionally wants to suppress their revenues, while others can earn millions. To me that would be fraud committed by the company. I don’t believe LQMT is intentionally or unintentionally committing fraud.
The inclusion of stating pursuit of CE or the removal of the pursuit of CE In the 10K, is a legal interpretation to avoid legal conflicts with anyone investing in LQMT or thinking about investing in LQMT, and to avoid violating the spirit of the agreements and to protect any agreements under non disclosure agreements.
Now what I have stated is about 99% of the whole picture. That other 1% of my opinion regarding CE will be posted as I review the 10K.
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