I would agree with you, but would further submit that they were studying the tech for a year or more BEFORE they laid out 20mill for the license. Would anyone just lay out 20mill to lock it up without first doing extensive early R&D on it? Interestingly, Jobs's "scratched iphone" was supposed to have happened ALL THE WAY BACK in 2007. (And I AM aware that was the glass that was scratched, but I'm sure the back was getting scratched too and I'm sure he dropped his phone a few times too). Regardless, I think 2007 was the year Dr. Peker bolted from LQMT, as I recall. So, giving them a year or so to find something that would make the surly, hot-tempered, demanding, but revered Jobs, happy. My feeling is they have been testing liquidmetal for a much greater time than when that license fee was paid. Bottom line, we don't really know much either way, do we?