Liquidmetal Technologies Inc (LQMT)

[Wizened]

Funny that it took Steip so long to realize that few, even the deepest of pockets, are going to lay out money for a mold of a product that hasn't been field tested and known to work. Kang learned a few things from his mistakes, and one of the major ones, early on, was that he could not afford to pay the molding costs for every prospective client. This is one of the things that Steipp should have learned while he was a consultant for LQMT in the 6 mos prior to his becoming CEO.

He also should have known about the SAGA deal sufficiently early in the process to have included that in the negotiations with Apple so that he would have netted more than 20 million from Apple in the August 2010 give-away.