![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, May 06, 2023 5:05:09 PM
Lugee Li would like to invalidate the Apple agreement of 2010 and even though the 106 alloy was developed after the termination date, Apple considers it to be a BMG and therefore subject to the exclusively agreement. Apple can’t sue and win in China and there is no point to going after LQMT-NA. It’s also the big/bad corporate giant squashing the little guy which makes bad press.
Two strong corporate personalities…..Lugee is playing the “waiting game” as more and more of Apple’s competition is going foldable and increasing pressure for Apple to follow. They could take their independently developed technology, educate Foxconn and sidestep Lugee (and LQMT). Might happen but they better be really confident in their technology and Apple is not a manufacturing company.
I don’t expect Apple to be willing to compromise….and I am guessing that Lugee Li is asking for the “moon”.
So what is the Plan B….a domestic manufacturing partner …probably an automobile company and of the three (GM, Ford, Tesla) I’m thinking Tesla since they have already covered much of this ground when they went the way of the MegaMachines. Elon Musk has the chutzpah to make a decision like that…..the others will send it to committee and talk it to death by a thousand MBAs.
We can still achieve NASDAQ status without Apple.
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
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM