Liquidmetal will negotiate this and all revenue will flow through Liquidmetal for North American and European customers. That is clear. Read the PLA. Yihao and eontec will be contract manufacturers for Liquidmetal, just as they are for zyris, Martin, etc.
That’s my worry. Also, LQMT parts could be sold in another country then incorporated into a product that is shipped and sold here without incurring a royalty payment. Lots of workarounds. Li only needs to take profits here if he chooses to.