Liquidmetal Technologies Inc (LQMT)

[rige]

$300k payout, so much for the endlessly posted golden parachute claims.

Apple has lost its Ally at LMT.
LMT lost its CEO protecting LMT from takeover.
Li is a step closer or already has Board control.

The scary part is that Li can now manipulate the stock price DOWN.
That $63 million he paid to LMT can buy back about 400 million lqmt shares at todays prices.
Taking the company Private with Li having Majority Ownership and Control of BOD.
Screwing over all investors.

It would bypass the anti-takeover provisions.
With Steipp gone and Li having Board control the remaining 200,000 lqmt shares would not be issued to stop Li gaining majority ownership.

The only way Steipp will make a fortune is from his lqmt shares,
This is the Only good news considering his departure was amicable.

Interesting times ahead.