Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

Yep, there could be a million reasons why that 2010 deal was done so poorly.

I believe the Peter Principle sheds the most clarity on Team Tomboy:

He reached his level of incompetency when he assumed the presidency of Symmetricon and, in a state of denial, and with the aid of spousal pushing and religious small group pumping, tried again to succeed at LQMT in an area in which he was totally inept:
1) as an executive requiring entrepreneurial skill set
2) as an executive requiring to be propped up by a large cumbersome staff to protect him from his failure in assessing the situation at LQMT, making a realistic plan from the git go, frequent and repeated mistakes in rubber stamping poorly thought out contracts with third parties that speeded up the demise of the company and using other people's money with complete disregard to decimating them through dilution of the companies equity.
3) as a very low-energy Jeb type personality who should have been out in the prairie doing farming.
and
5) a meglomaniac with a sense of grandeur far exceeding his personal realities.