The first part sounds right about LQMT collecting $ from licensing fees/royalties. But the second part depends on the agreements signed. Was the three year agreement exclusive or non exclusive? And why would a well run business waste money on a product that has not been proven yet to increase or decrease their sales? Does not some of the large mega cap companies do the same when deciding what materials and or bells and whistles to incorporate? Apple, AT&T and Verizon are a few that use this business strategy. They don’t innovate. They wait for the competition to try out the new technologies and then they iron out the kinks and incorporate what works. In essence they let the competition do their R&D for them. They don’t mind waiting a few years. Saves them a lot of money.
Also the golf contract is not engraved in stone. Either way no matter who incorporates amorphous metal into the golf club it will still take time to see if there is a big demand for them.
I have to believe that in time LQMT will contract with the companies that place the larger orders and separate payment for exclusivity.
Excellent point(s) that saved me the bother of composing the same kind of post. It is all smoke and mirrors .. LQMT is not in the business of selling anything !
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