Tuesday, June 19, 2012 11:33:53 AM
Paying $20 mil a couple of years ago for a company that wasn't doing too much was a good chunk of change. Like a baseball/football player, you get money and then have to see what you're worth in a couple of years
Contract is almost up, and its going to be free agency time. Does apple want to let it go and see who else will buy it up, or does it sign an extension contract to keep it on the same team. In some cases, you have to pay more for a "free agent".
My est of $40 mill is because this would be way more than enough for LQMT to just sign and not even test the waters of free agency.
But, it could be just another $20 mil or less. I wouldn't think LQMT to give in so easy and act desperate, but at the same time I know they wouldn't play hard ball.
So it's just a guess based upon who else may pay to have the rights. If apple knows Samsung is clipping at their heals to steal the market, or Nokia (since they've been slipping big time in the cell phone world), then they may think its worth it.
all guessing at this point. I still think we get some sort of PR news this week. Most likely an announcement saying "As you all saw with the SEC filing, Apple has signed an extension 2 year deal for the rights" and blah blah.
Big question is, will they come out and announce the actual numbers in this PR? Who knows. If they don't, I'm sure people will hammer them with the same question about "how much is the deal" at the ASHM.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
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- 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
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