Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

The only real value that Abdi provided, was in the days of Kang as a deep pockets. He and Jack Chitayat, both Iranian Sephardic Jews, had deep relationship with the son of the former Shah of Iran, Pavlahi and were able to raise a lot of money from their communities.
The company would have gone under without the funding that Chitayat and Mahamedi provided. And both of them took a bath on their long term holdings.

Chitayat and Salas and Kang all were partners in three or four joint ventures. It also boggled my mind why Steipp was so loathe to get rid of dead wood. I guess he figured they knew a lot more than he about Liquidmetal, which wasn't exactly rocket science to come to that conclusion.

Fortunately, Lugee Li has the business acumen which Steipp never had, and a commercial sense which Bill Johnson never instigated, and a great technical and scientific appreciation for metallurgy.

I think Bresnick will be given more responsibilities shortly and beef up some staff which may solve both the retention of Abdi as well as and especially that of Bromage.

PS We agree on most things about LQMT; I think the biggest difference was on whether or not a shareholder should voice criticism of a sitting CEO or not.