Liquidmetal Technologies Inc (LQMT)

[AliAz]

What's the point, Watts, of issuing more shares, if not to add to the list of friends and family who can benefit directly?

Yeah, family and friends do not preclude talent, even in a public company. But this so-called public company, with only about 20 employees, seems to view the nature of running a business more like running a 20 employee family held business. The problem is, they have shareholders whose interests are irrelevant to the Insiders, and the business is managed accordingly. That is not how it is supposed to be. Steipp talks about shareholder value, I mean he pays lip service to it, but that presentation is merely a front.

Rather than meeting an actual marketplace need in the traditional sense, they meet the need of a market consisting of gullible folks who are willing to invest their hard-earned money in a company that sounds like it has the golden egg. But the egg is a rotten goose egg. And traders, insiders, quick-buck artists, other money-players, accountants, lawyers and the rest of the network that prey on the little folks siphon off their take.