There has to be a point of reason for doing this, materion and eutectix joined forces late 2017, investors were expecting the electrical upgrade in early 2018, the thing that gets me is this upgrade took place just before the restructuring.
Now going I’m back here and I didn’t take notes on this I’m going on what I can recall, but when we had the special CC in 2016 they did mention extra cost cutting (restructuring plan?)
My point is they are still using their original playbook but in turn the obvious “hold up” may have been the TW which was settled in oct 2019, at the same time lqmt issued a blog “liquidmetal has expanded its production” without having one the others had to wait.
Excuse the long drawn out post, but as an investor date’s are very telling:)