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Alias Born 07/19/2013

Re: bodhi pipeline post# 32107

Wednesday, 07/31/2013 1:10:42 PM

Wednesday, July 31, 2013 1:10:42 PM

Post# of 232835
you obviously haven't read the agreement. Apple has "perpetual" rights (that means forever) to you use Liquidmetal in the Consumer Electronics space. All the IP created during the agreement term is shared. Apple gets it for Consumer Electronics, LQMT gets it for all other industries. Apple gave us $20mil for the perpetual license. Basically LQMT and Apple part ways as it stands right now in Feb. Apple can produce Liquidmetal devices from now until the end of time, and LQMT won't see any rev. However, Apple spent alot more money in R&D then LQMT ever could, and the new IP is ours as much as theirs.

Please do your homework before class.
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