Liquidmetal Technologies Inc (LQMT)

[truetrue]

Mr. Hansen departed LQMT for other opportunities most likely e.g. he's Managing Partner of Cobalt Development Partners LLC. Only 58 so it isn't an age issue. He's not overpaid but not underpaid either...In my experience, board seats are a business version of musical chairs and are a financially and politically susceptible position.

I have to ask: Was his resignation entirely voluntary ? i.e. did he jump or was he pushed? Is there a golden parachute TBD?

Here's a not so novel thought...Perhaps one of the LQMT partners "requested" a seat on the board to have direct input as part of an agreement ? e.g. the $20M LOC capital investors or ENGEL / Visser etc. ?

Or, on the cusp of the "BBD" (bigger better deal) companies (like women ) are looking to upgrade partners to match their greater aspirations.

No one knows...LMQT remaining board members need to vote someone in ASAP to fill Mr. Hansen's shoes. So, we may have a clue with the new guys' associations. Until then, it's not on my radar of important issues.

http://investing.businessweek.com/research/stocks/people/person.asp?personId=551310&ticker=LQMT

http://investing.businessweek.com/research/stocks/people/relationship.asp?personId=547624&ticker=LQMT