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metengr

09/03/12 1:46 PM

#17230 RE: metengr #17229

ThinkorDie - Correction on my previous comment: LQMT did report Apple's $20M for the same quarter as it was received (Q3'10). However, it was reported on Nov 3rd, so there was a delay of about 3 months. Not sure if a separate PR was issued in August 2010 right after the agreement.

http://proxy.liquidmetal.com/phoenix.zhtml?c=130649&p=irol-news&nyo=2
"Liquidmetal(R) Technologies Reports Increase in Quarterly Revenue to $17.3 Million for Third Quarter 2010"

http://www.forbes.com/sites/greatspeculations/2012/06/22/apple-locks-in-liquidmetal-for-two-more-years/
"...Master Transaction Agreement that they previously entered into on August 5, 2010 (the “MTA”)… "

tomtom7

09/03/12 1:52 PM

#17231 RE: metengr #17229

I believe it was royalties that were negotiated. Definitely think the money paid would have been in the quarterly report.

shlubtastic

09/03/12 3:02 PM

#17232 RE: metengr #17229

They paid nothing. This has been both directly and indirectly noted.