Liquidmetal Technologies Inc (LQMT): Our 5 year agreement with EUCTECTIX is d...

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Liquidmetal Technologies Inc (LQMT)

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Sunday, 03/17/2024 6:44:12 PM

Sunday, March 17, 2024 6:44:12 PM

Our 5 year agreement with EUCTECTIX is due to expire in January 2025. The royalty/commission schedule for this arrangement was 6% + 6% which looked good at the time but has yet to return a DIME. What is the value of free equipment storage for 5 years? …..at least we got the depreciation!

I would have rather have had outrageous sales at a lower percent return. We could be renegotiating the fees for the next 5 year term right now.

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