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Almosthere

12/07/21 2:38 PM

#219079 RE: Boilingman #219078

LQMT USA is not limited to just licensing for now.

Dental contract with LQMT farmed out to YiHao for manufacturing is case in point. And let's not forget we have been receiving close to 250,000 USD per quarter from this contract. Imagine when we hit a whale. Arguments for little revenue from farming out manufacturing to maze partners are incorrect assumptions.

Furthermore, any whale we snag doing business in Europe or North America will be contracted through LQMT and farmed out to our maze partners in China. These are our territories according to PLA.

Andy YiHao said they are expecting a 250 percent growth in manufacturing parts for LQMT USA next year!

This is not licensing, but actual contracts through LQMT USA. Of course, any licensing for royalties is just cherry on top.