Replies to post #218504 on Liquidmetal Technologies Inc (LQMT)

[Nerd Beautiful]

Thanks Jay - Looks like the answer is that EON and LMT are limited in the use of even their own patents worldwide.

Eontec gives to Liquidmetal: Upon the terms and conditions set forth herein (including the termination provisions in Article 7 hereof) and subject to the Field of Use Restrictions, Eontec hereby grants to LMT a non-revocable, paid-up, royalty-free, perpetual license (or sublicense, as the case may be) to the Eontec Licensed Patents and Eontec Licensed Technical Information to make, have made, use, offer to sell, sell, export and import LMT Licensed Products within the LMT Field in the LMT Exclusive Territory and Non-Exclusive Territories. Such license shall be exclusive to LMT (including to the exclusion of Eontec and its Affiliates) in the LMT Exclusive Territory and shall be non-exclusive in the Non-Exclusive Territories. Notwithstanding the foregoing, nothing in this Agreement shall prohibit LMT from engaging in research or development activities in the Eontec Exclusive Territory.

Liquidmetal gives to Eontec: Upon the terms and conditions set forth herein (including the termination provisions in Article 7 hereof) and subject to the Field of Use Restrictions, LMT hereby grants to Eontec a non-revocable, paid-up, royalty-free, perpetual license (or sublicense, as the case may be) to the LMT Licensed Patents and LMT Licensed Technical Information to make, have made, use, offer to sell, sell, export and import Eontec Licensed Products within the Eontec Field in the Eontec Exclusive Territory and Non-Exclusive Territories. Such license shall be exclusive to Eontec (including to the exclusion of LMT and its Affiliates) in the Eontec Exclusive Territory and shall be non-exclusive in the Non-Exclusive Territories. Notwithstanding the foregoing, nothing in this Agreement shall prohibit Eontec from engaging in research or development activities in the LMT Exclusive Territory.

Therefore, EON may use its own patents in a deal with TESLA, but Liquidmetal would still get all the profits from that deal stemming from sales in Europe or NA.

[dingdong88]

…bigger question still is that because Tesla was a client of Eontec prior to the PLA, MTA etc what formulas, patents, contracts etc would exclude or include Lqmt? This may have been previously addressed by Josh but if so I can’t recall the answer.
Thanks in advance and until then it’s OD@AT

[jaybiscuit]

Included in the Eontec Liquidmetal listed patents: U.S. Patent No. 7,862,957 - Current Collector Plates Made of Bulk-Solidifying Amorphous Alloys

[Eagle1947]

Who the heck is going to be selling for the company we all own stock within ? the McHugh fellow who sends out messages every so often ?

Seems to me that every head salesperson for LQMT had either quit, been fired or gone on to do dog shows full time.

Pathetic .... I can't help but wonder what it will take to let me go with the LQMT FOMO OD@AT !