Agreed with your general thought process.
HOWEVER.
It must understood that Professor Li has taken a bath in his own investment in EONTEC, especially last year because CHINA forced him (the major shareholder of EONTEC) and the other shareholders of Eontec to make MAJOR BUYBACKS of EONTEC stock to support the overall Chinese markets. [The chinese govt imposed this same sanction on many other public chinese companies]. In fact, EONTEC was forced to BUY BACK at HIGH PRICES and shortly thereafter the Chinese markets PLUMMETED inspite of the buybacks. Therefore Professor Li PERSONALLY and CORPORATELY got BURNED BIG TIME.
The proposed investment of 63 million USD into Liquidmetal is only allowed by the CHINESE GOVT because it is an investment in a foreign company. Otherwise, as an individual, Prof Li would have been limited by Chinese law to moving, I believe, less than 50000 dollars to the US.
So, this is to day, HE HAS TO MAINTAIN his money AS A BUSINESS INVESTMENT to prevent violating the CHINESE LAW on moving money out of the country.
So, I personally do believe he will maintain this investment. Of course, I could be wrong, but I think having this amount of money outside of CHINA is a very good hedge for him and I would also think that he would want to grow this money outside of China to keep the Chiness govt off of his money.
So, I see these two reasons for growing Liquidmetal with his money from his viewpoint: making up for tremendous losses in the Chinese stock market by investing in US and Europe (which he has already done) and keeping the Chinese govt from putting their Mitts on his US business investment.
Just my thoughts.