Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

Sorry, I didn't read that at all.

Steipp should have said, we will sell the concept of using liquidmetal parts, get an order for the parts, manufacture the parts, and GET PAID for the parts. this is the normal course of business.

VPC will make the parts; so far LQMT has no other basis legally or capability wise to make parts.

Licensing will be the fees LQMT gets from the turn key systems, the customers of which do the manufacturing and pay a fee for the right to do so. Normally, a sound business would wish to receive a royalty payment for piece. However, we haven't seen Steipp ever negotiate a contract that way, except with VPC, though we do not have any proof of that.

Just my humble thoughts, which, most likely, do not agree with yours.