Li specifically said restrictions on International travel was the reason why he left. It's an unbelievable joke. When the going get's tough, Li quits and why was he draining company funds anyway. I think there is more to it for the reason why he left so abruptly.
Liquidmetal® Technologies, Inc. (OTCQB: LQMT) (the “Company”), a leading developer of amorphous alloys and composites, today announced that Professor Lugee Li, Chairman of the Company’s Board of Directors, has resigned as CEO and President. Citing the company’s readiness for the next phase of its developmentand the ongoing restrictions on international travel
Citing the next phase is saying, they aren't ready for anything.