You need to refer to the Amendment. It says if funding doesn't come through Eon loses rights to IP and board appointments. So there is no way Eon has access because if Eon has access now but doesnt fund then he loses access to IP. If he wants the Crucible IP he has to fund. I still question if he'll fund but he's in this to make money either on sale of LQMT stock and-or to gain access to Crucible IP. If he doesn't fund LQMT can buy back By 12-31-17 at what he paid and he looses right to IP access. It would be stupid to give him access now him not to fund and thrn he loses access again. I'd guess he doesn't have access yet. Who know if he'll just walk away though?
New agreement references back to old but if he doesn't fund he loses IP right and right to appoint board members.