Thursday, June 21, 2012 11:54:22 AM
Apple deal not 20 million. Perhaps only $10 million, PLUS royalties
Or, no money up front, royalties only
I would be interested in royalties rather than money up front.
Why?
Because we want constant revenues, profits. If apple starts using it in new iphone, laptops, other devices, we get a small piece. We get piece of that pie all the time for the next 2 years (or longer perhaps?). This will turn into huge profits in a year or so. Question is, when will apple start to actually use it more and how much of a royalty will LQMT get
Another side note. Was Visser part of the new extension? If so, and this man plays hard ball, you know he won't give this away for Free. In fact, I doubt he will give it away for only $20 mil for 2 years. This man will get it up higher.
Just like when you sign a lease agreement. Once the lease is up, you usually have to resign at 10% increase. So it could be up to 24 mill over 24 months, or even 25 million. PLUS, royalties.
Lots to think about, esp if Visser was involved
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