Liquidmetal Technologies Inc (LQMT)

[ICCGUY]

I can't find the minutes from the year end earnings conference call but I seem to recall CEO Steipp making the comment that LQMT is not capital constrained and that by agreement with the strategic partners they are absorbing the capital outlay requirements. Can anyone confirm or debunk my recollection?

To me the bigger drain on our financials is the ongoing administrative salaries and overhead. For a company generating no real revenue yet, it is absurd that we are compensating a CEO, SVP, CFO, and several other higher ups at the salary levels that we are. If these guys really want to send the right signal to shareholders and to potential strategic partners (customers), they would deferred or forgo their salaries for the next year until this thing gets off the ground.

If the senior management believes in what they are doing, the millions of shares that they keep getting rewarded with should be ample compensation for what they are doing during this start up phase when cash is tight. At the very minimum Steipp and Salas should be doing this.