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Re: oldretiredguy post# 37649

Sunday, 10/06/2013 5:50:34 PM

Sunday, October 06, 2013 5:50:34 PM

Post# of 232820
Liquidmetal Coatings, of course, was one of two divisions of LQMT (Coatings and Bulk Metallic Glass) prior to a spin-off into a subsidiary company. Later, the subsidiary was sold to about 6 partners with a one seventh interest or so ownership being retained by the company, LQMT. Later, Liquidmetal sold its fractional interest to the succeeding investors which included:
John Kang, James Kang, Soo Kang, Ricardo Salas, Jack Chitayat, and possibly Mohamed Abdi and his CFO of Carlyle Group. The truth is, none of all the partners was ever disclosed except for John Kang, himself.

Someone else may have more current or even more accurate information, but, essentially, the control of Liquidmetal Coatings remains under John Kang. Larry Buffington, a Kang appointee, and at one time, one of the Presidents of Liquidmetal (in name only) not mentioned on Watts list of Presidents yesterday, still retains the presidency of Liquidmetal Coatings, based in Texas (two locations).
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