Significant Transactions [Text Block] | 3 . Significant Transactions Manufacturing Facility Purchase On February 16, 2017, he Company purchased a 41,000 July 2017. $7,818. 2016 On March 10, 2016, “2016 100% ’s Chairman and CEO, Professor Lugee Li (“Professor Li’). The 2016 405,000,000 $63,400. 105,000,000 $8,400 $0.08 March 10, 2016 200,000,000 $0.15 100,000,000 $0.25 $55,000 October 26, 2016. In addition to the shares issuable under the 2016 10,066,809 2,609,913 March 10, 2016 7,456,896 October 26, 2016 $0.07 tenth Further, the 2016 three ’s board of directors, with one 2016 fifth 2016 Eontec License Agreement On March 10, 2016, 2016 Ltd., a Hong Kong corporation (“Eontec”), entered into a Parallel License Agreement (the “License Agreement”) pursuant to which the Company and Eontec agreed to cross-license their respective technologies. The Company’s Chairman and CEO, Professor Li, is also a major shareholder and Chairman of Eontec. The License Agreement provides for the cross-license of certain patents, technical information, and trademarks between the Company and Eontec. In particular, the Company granted to Eontec a paid-up, royalty- free, perpetual license to the Company’s patents and related technical information to make, have made, use, offer to sell, sell, export and import products in certain geographic areas outside of North America and Europe. In turn, Eontec granted to the Company a paid-up, royalty-free, perpetual license to Eontec’s patents and related technical information to make, have made, use, offer to sell, sell, export and import products in certain geographic areas outside of specified countries in Asia. The license granted by the Company to Eontec is exclusive (including to the exclusion of the Company) in the countries of Brunei, Cambodia, China (P.R.C and R.O.C.), East Timor, Indonesia, Japan, Laos, Malaysia, Myanmar, Philippines, Singapore, South Korea, Thailand and Vietnam. The license granted by Eontec to the Company is exclusive (including to the exclusion of Eontec) in North America and Europe. The cross-licenses are non-exclusive in geographic areas outside of the foregoing exclusive territories. Beyond the License Agreement, the Company collaborates with Eontec to accelerate the commercialization of amorphous alloy technology. This includes but is not third During March 2017, h Eontec to purchase two $780. April 2017 fourth 2017 . 201 4 Purchase Agreement On August 20, 2014, “2014 $30,000 ’s common stock, $0.001 36 2014 On March 9, 2016, 2014 $1,568 2014 12,500,000 $0.13 Line of Credit Facility In February 2015, $2,000 2.1%, February 13, 2016. was extended through August 25, 2016, $1,000. August 26, 2016, $0 December 31, 2017, $9 December 31, 2016, $4 December 31, 2015. 2013 Agreement On November 8, 2013, entered into a Common Stock Purchase Agreement (the “2013 $20,000 36 2013 November 8, 2013, 2,666,667 On August 22, 2014, 2013 rchase Agreement, effective August 25, 2014. $16,000 2013 85,355,615 $0.19 July 2012 On July 2, 2012, “July 2012 $12,000 September 1, 2013. $0.352 8% twelve October 1, 2012. July 17, 2013, 163,641,547 14 As a part of the July 2012 18,750,000 $0.384 $0.17 11 Apple License Transaction On August 5, 2010, Company entered into a license transaction with Apple Inc. (“Apple”) pursuant to which (i) the Company contributed substantially all of its intellectual property assets to a newly organized special-purpose, wholly-owned subsidiary, called Crucible Intellectual Property, LLC (“CIP”), (ii) CIP granted to Apple a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in the field of consumer electronic products, as defined in the license agreement, in exchange for a license fee, and (iii) CIP granted back to the Company a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in all other fields of use. Under the agreements relating to the license transaction with Apple, the Company was obligated to contribute, to CIP, all intellectual property developed through February 2016. Visser Precision Cast, LLC License Agreement On June 1, 2012, Visser MTA”) with Visser Precision Cast, LLC (“Visser”) relating to a strategic transaction for manufacturing services and financing. On May 20, 2014, May 20, 2014 ( not not In addition, the settlement amended and restated the two June 2012 15,000,000 $0.22 21,317,094 $0.16 11 Other License Transactions On January 31, 2012, five (“Engel”) whereby Engel was granted a non-exclusive license to manufacture and sell injection molding machines to the Company’s licensees. Since that time, the Company and Engel have agreed on an injection molding machine configuration that can be commercially supplied and supported by Engel. On December 6, 2013, 10 The Company ’s Liquidmetal Golf subsidiary has the exclusive right and license to utilize the Company’s Liquidmetal alloy technology for purposes of golf equipment applications. This right and license is set forth in an intercompany license agreement between Liquidmetal Technologies and Liquidmetal Golf. This license agreement provides that Liquidmetal Golf has a perpetual and exclusive license to use Liquidmetal alloy technology for the purpose of manufacturing, marketing, and selling golf club parts and other products used in the sport of golf. The Company owns 79% In June 2003, LLPG”). Under the terms of the agreement, LLPG has the exclusive right to commercialize Liquidmetal alloys, particularly precious-metal based compositions, in jewelry and high-end luxury product markets. The Company, in turn, will receive royalty payments over the life of the contract on all Liquidmetal products produced and sold by LLPG. The exclusive license agreement with LLPG expires on December 31, 2021. In March 2009, Swatch”) under which Swatch was granted a non-exclusive license to the Company’s technology to produce and market watches and certain other luxury products. In March 2011, |