Tuesday, November 19, 2013 12:25:53 PM
VPC is one (of many potential future) licensees where LQMT could gate their progress based on sharing the "between the lines, must have" nuances associated with IP/patents.
I think that VPC mentioned this in their claims, e.g. Not having sufficient information or something to that effect.
Usually, a licensee has to pay more, e.g. For consulting and more information, or maybe they get hung out to dry.
But it wouldn't be unusual if LQMT would have to commissioned to help a licensee get up to speed or to partner in commercializing a technology just as AAPL has done in the past.
Ask yourself, was BV not in a position to pay for more, did he expect more than what he's paid for?
I guess we'll see the arbitration turns out.
But I will tell you this, if they didn't have the expertise to be a strong partner in commercialization ( of the equipment, etc.), then they may or may not be in a good negotiating experience.
It wouldn't mean that they aren't successful in their own right, it just could mean that they didn't have the expertise on board at a time when it may have been needed.
Recent LQMT News
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