Liquidmetal Technologies Inc (LQMT)

[PatentGuy1]

You have asserted multiple times that Li communicates through his reports. However, it appears that those reports omit material information.

Many sections of the SEC reports are cut and pasted from previous reports. The quarterly report, Form 10-Q, for June 2019 states the following:

We will rely on the manufacturing operations of a third party controlled by our largest stockholder, CEO and Chairman, which presents potential conflicts of interest.
As a result of the July 2019 Restructuring Plan, we will rely, at least initially, on Yihao to manufacture our products. Yihao is an affiliate of Professor Li and is indirectly controlled by Professor Li. Professor Li, through his affiliates, is the largest beneficial owner of our common stock and owns approximately 45.1% of our common stock and is able to exercise significant influence over all matters affecting us, including the election of directors, formation and execution of business strategy and approval of mergers, acquisitions and other significant corporate transactions, which may have an adverse effect on our stock price and ability to execute our strategic initiatives. As a result of this significant ownership and his affiliation with Yihao, as well as the future importance of Yihao as a manufacturer of the Company’s products, Professor Li may have conflicts of interest and interests that are not aligned with those of other stockholders of the Company.

https://liquidmetal.gcs-web.com/node/11536/html

Language that almost exactly the same was cut and pasted in the quarterly report of September 2019 (https://liquidmetal.gcs-web.com/node/11541/html) and for the Annual report for 2019 (https://liquidmetal.gcs-web.com/node/11566/html). (The only difference was that the June report stated, "As a result of the July 2019 Restructuring Plan," and that "July" was omitted in the other reports.)

However, the most recent quarterly report omits any "potential" conflicts of interest for Li.

On the one hand if there is no longer a "potential" conflicts of interest, then we are left to conclude that something has changed and Li has failed to inform us of that change. Surely a change that removes a "potential" conflicts of interest is a material event that should/must be disclosed to the SEC and LQMT's shareholders.

On the other hand if there still is a "potential" conflicts of interest, then we are left to conclude that the most current SEC filing is incomplete.

In either case, it appears that Li does NOT clearly communicate with his shareholders by way of his filings.