Monday, October 14, 2013 10:25:21 AM
Engel is a private company and will not divulge this information.
LQMT is a public company and will not divulge this information.
So what kind of one time royalty per machines or finders fee Engel would pay to LQMT for selling a system is anybody's guess. It would seem that LQMT and ENGEL have a monopoly on this type of turnkey system. Engel will be doing all of the maintenance contracts and deriving subsuequent revenue there. Everything depends upon the partnership agreement which Engel made with LQMT. It depends upon how much Steipp gave away for them to do all of the free R&D on building and developing the turnkey system.
Tony Chung is the one to ask. Try getting anything but double-talk from him. I think they are running out of "in the midst" and "we are now production-ready lame excuses.
PS Never ask me a question before I get a chance to have my first cup of java.
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