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Surfint

11/19/13 11:02 AM

#40268 RE: Spartan #40259

it all depends on terms that LQMT negotiates in contracts as to how much potential revenue they could actually generate or receive. Even if there is business, they may not get their fair share depending on terms and conditions. so far, there's nothing to get excited about other than a major license announcement (e.g. AAPL) and fee that LQMT burned through some time back; they don't get any recurring revenues ( from royalties, etc.) according to them. Also, with Swatch, the revenue is insignificant according to them ( LQMT ). The reason given is that they have been in precarious negotiating positions ( due to financial distress). Now that they have a line of credit, it still remains to be seen what their actual negotiating position will be for future business, especially if they aren't happy with margin splits with VPC, etc.
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AliAz

11/19/13 1:32 PM

#40283 RE: Spartan #40259

Spartan, if by "they" would not be wasting their time, you mean Librizzi, I'm confident that in their case, if they have anything at all worthwhile, it is time.

I lived in SE Michigan from 1970-1996. My time over the period of 1983 through 1996 was spent exclusively serving the auto industry in Detroit, and 1996-98 the auto industry in L.A.

I worked with the largest auto companies in the world on product development continuously over that period. Some of the basic stuff we investigated are only now coming to market.

Trust me Librizzi will not open the door to the car business for LQMT. The PR is just another example of LQMT's superficial pap represented as additionbal business development capacity. The LQMT Pied Piper continues to play the same old song.