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joshuaeyu

06/10/18 2:55 PM

#151301 RE: Researchfyi #151298

CE exclusivity (within Parallel Licensing agreement) can serve two purpose

1. Isolate LQMT and Eontec
2. Isolate Apple and Eontec

Lugee can single handily waive #1 but not #2.

Until 3/2016, Apple (via CIP) has the right for everything LQMT did or started. Lugee Li would not have invested in LQMT if Apple has extended the CIP right in 2015. Arguably, Visser also might not have dumped all his shares and PPS would not have tanked to 0.06.

Until 3/2018, Apple has the ROFR of any deal LQMT made with anyone.

It you are Lugee Li, do you trust Apple’s Lawyer?

This is why life after 3/2018 (can be) different.