3rd "Q" transcript reinforces ENGEL's conflict with VISSER and LQMT.
Nov. 7, 2013
Steipp says, "...our strategic path forward consists of two parallel tracks.
1st, identify cornerstone applications in global accounts and produce viable production parts (& prototypes via VISSER) that validate the capabilities of Liquidmetal in competitive markets. The Lockheed Martin's canard, illustrates the progress that we're making on this front.
****The second track is to provide the ability for licensees to research, design and produce their own Liquidmetal parts. The ENGEL announcement is a significant step forward for these licensing initiatives."
VISSER sees that as an infringement on their deal to be the sole source mfg. for LQMT aka MONOPOLY on all non-CE mfg. .
That is UNREALISTIC now that ENGEL has come thru for LQMT.
LQMT alloy potentially corners the early market on LQMT proprietary alloy (e.g. "ink") in a proprietary MIM machine (e.g. "ink jet machine") available ONLY thru ENGEL.
Confirmation LQMT will benefit from ENGEL sales is Thom Steipp's answer to a question from an investor: "I was curious with regards to the new turnkey model with ENGEL, does Liquidmetal derive any income off of the sale of the turnkey machines?"
"We don't really comment on how things have broken out. I think it's safe to say that we have a very good relationship with them. We put a significant amount of R&D into the machines and we have IP on those. So there is some relationship, but not one that I am free to comment on at this point in time."
We know Steipp reported that VISSER bought "some" ENGEL machines late 2012 early 2013.
Does APPLE also want to buy ENGEL machines?
Does Lockheed-Martin?
Any company that wants to buy ENGEL machines for mfg. use wants to be sure LQMT has cleared the path.
