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jrs5

12/09/20 7:09 PM

#206425 RE: The Paraclete #206424

That is correct, because Li is the owner of LQMT, not Eontec. Li has the incentive to make LQMT profitable, which he is in process of doing. The statement in the Eontec report speaks to a spin off of Enotec (should the BMG market get large enough). It has nothing to do with LQMT. And it is only a hypothetical question, which is a long way off.

Remember Li pledged his LQMT shares back to Eontec if, and only if, LQMT becomes profitable (probably for a number of quarters). By that time the stock will be in the dollars and most here will be gone with big profits. Li will then be rewarded by Eontec for opening up the western markets to LQMT.
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JoTu

12/10/20 8:30 AM

#206450 RE: The Paraclete #206424

in a way lugee has already begun funding lqmt production via the maze through yihao and the listing of an 'as yet to be formed liquidmetal company' would include lqmt.

my thinking is any bmg company lugee spins off eontec will have/need the pla rights assigned to it which would make it a competitor to lqmt so income from global territories will be split between them.

but if the bmg spinoff was merged with lqmt there would be no dividing of territory/revenue so the newly formed company would be more lucrative/valuable for the ipo.

all hypothetical for now