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PayMEmf

05/13/21 9:01 AM

#213332 RE: JoTu #213330

Liquidmetal expansion was initially delay to June 2023 - however when I check my notes the link is no longer on line which draws questions, they then add that LME (liquidmetal expansion) was set to begin operations in may 2021? To confuse this even more they now say it’s delayed to may 2023, they go on to say that LME R&D has been cancelled and those funds will be allocated to buying machines and property for LME structural parts, they do not give us a time frame for this however they do say that yihao will be renting machines from eontec to ‘INITIATE’ LME - I believe that the termination of the R&D center will help ‘INITIATE’ LME which is where yihao comes in play…

The only reasoning that that would make sense to me is that apple hasn’t officially committed, 2023 is the mark, and these delays all point to apple including LM in their manufacturing of products, that being said there are other companies taking advantage of lm manufacturing which is why they ‘INITIATED’ LME with allocated funding from R&D…

Going on 3 year delay from original plan, 2022 is not out yet, more to look forward to in 2021;)

Almosthere

05/13/21 10:18 AM

#213333 RE: JoTu #213330

250 percent increase YOY would put us at around 2.5 million by end of 2021!

That’s not including any royalty revenue.

If this is going to happen, I expect some news at the ASHM from Li to this effect.