Sunday, November 10, 2013 8:52:07 AM
vanwes1- "I thought the statement above hinted at revenues from selling of Engel machine. I got this from the conference call on friday. Please clarify if I'm off base with that assumption."
I listened to the CC (replayable at the LQMT website) very carefully to hear the "hint" you think Steipp made re direct revenue from Engel sales of the LQMT machine.
Since you asked me to clarify if I think you are off base in your assumption, please allow me to do so as follows:
YES, I do think you are off base in your assumption.
What I heard, as I can't account for what you assumed was a "hint", was a DODGE when Steipp was asked point blank whether there would be revenue from the sales of the Engel machine.
The revenue will be from the license for any L-M material patents held by LQMT or Crucible for non-CE parts. He fumbled to answer the direct question. My assumption, and I don't need to prove a negative, is that there will be no such revenue. Why do I believe that? Because LQMT has given no reason to believe there will be revenue from the sale of the machines.
I listened to the CC (replayable at the LQMT website) very carefully to hear the "hint" you think Steipp made re direct revenue from Engel sales of the LQMT machine.
Since you asked me to clarify if I think you are off base in your assumption, please allow me to do so as follows:
YES, I do think you are off base in your assumption.
What I heard, as I can't account for what you assumed was a "hint", was a DODGE when Steipp was asked point blank whether there would be revenue from the sales of the Engel machine.
The revenue will be from the license for any L-M material patents held by LQMT or Crucible for non-CE parts. He fumbled to answer the direct question. My assumption, and I don't need to prove a negative, is that there will be no such revenue. Why do I believe that? Because LQMT has given no reason to believe there will be revenue from the sale of the machines.
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