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Thursday, March 03, 2016 7:23:15 PM
Now that the Apple hype is gone, and the share price is down in the dump, managements 200 million shares to be used for generating the next round of financial support will amount to a quarter or two of extended life for this company past June 2016.
This is a failed company and management. The next cc, if there is one, will bring nothing but salt to add to the wounds.
I don't think the company is a scam, as much as it is an example of a failed leadership that did not understand the current reality of this company, and what it would take to move it toward success.
Steipp has wasted away 6 years of potential for Liquidmetal, and lost investors millions and millions of dollars, while lining his own pockets with our money. Should be a crime for CEO's to take in such pay raises while the company portfolio is in the Red. Perhaps in this regard your analysis of the company as a scam is accurate.
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