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The Paraclete

06/21/20 10:55 AM

#193811 RE: Eicheljager #193810

Thanks again. I value your input.

The Paraclete

06/21/20 11:21 AM

#193812 RE: Eicheljager #193810

Two more questions if you don't mind.- From that document (or partial document):

(2) The pricing basis shall be based on the market price and follow the principle of fair and reasonable pricing. Both parties shall negotiate to determine the transaction price.

(3) Basic information of related parties
1 Name: LiquidMetal technologies, Inc.
2 address: 20321 Valencia circle, lake forest, ca92630, USA
3 registered capital: USD 1110000.00
4 business scope: R & D and sales of amorphous metal products
5 establishment time: May 15, 20032.

What do you make of #3 (registered capital of $1.11 Million)?

Could be a typo. The date in #5 certainly is a typo or translation error.

Another "related parry" is

Zhuzhou Yian new material R & D Co., Ltd., a holding subsidiary of the company, sells products to AVIC power Zhuzhou aviation parts manufacturing Co., Ltd.

Does that imply that LQMT is involved in making parts for Zhuzhou?

joshuaeyu

06/21/20 9:00 PM

#193827 RE: Eicheljager #193810

This is annual "arms length disclosure" per china regulation requirement.

With LQMT mfr shutdown, YiHao is "officially" acting CM for LQMT for both "low and high volume" domestic business. Unfortunately, I am not aware of any "high volume" domestic business yet.