The reality is there is no one single person, not to mention a group on the board of directors who cares one way or the other what happens to Liquidmetal. Only the Chairman is seriously invested in the Company, but he made his money in 2010 with special share conversions and the spike to 1.76.
I am of serious persuasion that every pipe deal made since 2002 ultimately benefited the insiders, because they were the deep pockets which originally funded the launch of Liquidmetal from Amorphous Technologies Inc and its predecessor companies.
As i stated a couple of days ago, Steipp has no resistance internally...he will survive each and every no vote from shareholders. At his present age of 65, he believes only in taking care of his family. The Company and the owners of the Company have never been a consideration. This is shown by his salary request.
There will be one last drive down to shake out all of the newbie investors who haven't lost big money, yet, and a few of those will join the list of old timers, even though they have only been on board less than a year.
Then they will learn how a short term investment gone south will turn into a long term investment.
Then they will ask themeselves why they are still around instead of asking everyone else why they are still around.
What comes around, goes around.
The only difference is that this round is going to be much more severe and devastating in a very short period of time.
Once this happens, it will take 3 years before LQMT can even consider making a profit, if they, indeed, can even break even, which becomes, for the first time, even mentioned by the CEO as the long term goal: to break even.
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