Liquidmetal Technologies Inc (LQMT)

[RSuave25020]

LQMT made a sale of patents to Apple back in 2011 or so for $20 Million which gave Apple theright to use LQMT  in their products without ever having to come to LQMT for production or manufacturing in the future so that is not going to happen. 
   If it were Lugee Li would not be dumping his shares. Sorry to bust your bubble on this one but since i have posted several ChatGPT's in the past and you have taken  to using it i will post one more. 

ChatGPT 

Around 2010–2011, Apple (AAPL) entered into an exclusive licensing agreement with Liquidmetal Technologies (LQMT) for the use of its amorphous metal alloys in consumer electronics. Apple reportedly paid $20 million for the rights to use Liquidmetal’s technology in its products.





Question
Does that possibly mean that Apple is able to buy machines and make electronics products on their own and does LQMT benefit any further from this deal on top of the $20 million ?


Answer 

Can Apple Manufacture Liquidmetal Products on Its Own?

Yes, Apple has the ability to manufacture Liquidmetal products on its own without depending on Liquidmetal Technologies (LQMT). This is because:

1. Exclusive Licensing: Apple’s 2010 deal granted it exclusive worldwide rights to use Liquidmetal’s technology in consumer electronics.
2. In-House Development: Apple has since filed numerous patents related to Liquidmetal, suggesting it has been researching and developing its own applications for the material.
3. Manufacturing Capabilities: Apple has the resources to buy or develop specialized machinery to mass-produce Liquidmetal components, possibly without relying on LQMT.

Does LQMT Benefit Beyond the $20 Million?

Not significantly. The initial deal primarily gave Apple exclusive rights for consumer electronics applications. LQMT:

• Did NOT get royalties or ongoing revenue from Apple’s use of the material.
• Retained rights for other industries, such as medical, automotive, and aerospace applications, meaning they can sell Liquidmetal technology elsewhere.
• Apple renewed its agreement over the years, but it is unclear if LQMT received additional payments beyond the original $20 million.

Conclusion:

Apple essentially bought exclusive rights for its own purposes and can now develop Liquidmetal-based products independently. LQMT does not directly profit from Apple's success unless Apple needs new technology outside the original licensing terms. However, Apple’s interest has helped boost Liquidmetal’s reputation, which may have indirectly benefited LQMT in other industries.

LQMT is free to venture in any and all areas other than consumer electronics but they have not or have been slow to do so. 

Question

Lugee Li just did a stock deal where i think he sold part of his shares …. Can you bring me up to speed on that deal ?

Answer 

In October 2024, Lugee Li Yeung Tak, a director and significant shareholder of Liquidmetal Technologies Inc. (LQMT), executed a substantial stock transaction. He sold 179,787,888 shares of LQMT common stock at a price of $0.16 per share, totaling approximately $28.8 million. 

investing.com

Following this sale, Mr. Li retains ownership of 225,212,112 shares indirectly through Liquidmetal Technology Limited, a Hong Kong corporation where he serves as the sole shareholder, executive officer, and director. 

liquidmetal.gcs-web.com

The shares were sold to four third-party purchasers, each acquiring 44,946,972 shares in private transactions. These transactions were facilitated through Stock Purchase Agreements dated October 10, 2024, with each purchaser providing an executed promissory note in exchange for the shares. 

streetinsider.com

In addition to his remaining shares, Mr. Li holds stock options and warrants, including options for 700,000 shares at an exercise price of $0.13, 200,000 shares at an exercise price of $0.09, and a warrant for 10,066,809 shares at an exercise price of $0.07. 

investing.com

This significant divestment reduces Mr. Li's stake in LQMT to approximately 25.9%, based on 917,285,149 shares outstanding as reported in the company's Form 10-Q for the quarter ending June 30, 2024. 

streetinsider.com

The specific reasons for this sale have not been publicly disclosed. Such transactions can occur for various reasons, including personal financial planning, portfolio diversification, or other strategic considerations.

Sources