Liquidmetal Technologies Inc (LQMT)

[technichart]

Ok..Apple has been granted rights to all IP and exclusivity to use that IP for consumer electronics, so LQMT would not receive additional royalties directly from Apple on their use of the IP. However, Apple will need to have parts manufactured at some point and will need to pay someone to produce those parts. According to the LQMT web site, manufacturing is done through a CLP (Certified LiquidMetal Partner) each of whom has executed a contract with LQMT. Maybe Apple has the rights to the IP, but unless they plan on having their own dedicated machines developed, built, tested, and validated and plan to set up a company to operate them (which is no small feat) they will need to contract with a CLP to produce parts. Assuming they use a CLP to produce parts, then I assume LQMT will receive a royalty or license fee from their CLP's based upon a % of the selling price. I also imagine that their CLP's must procure raw materials from another licensee of LQMT and that LQMT may get a cut from the sale of the raw material as well. Does this make sense or is there information to the contrary?