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Watts Watt

09/13/22 3:57 PM

#226461 RE: Jaymck #226460

The date is wrong. LQMT Coatings was given to John Kang by Tom Steipp after Steipp was named President in August of 2010.

It was the only profitable part of Liquidmetal. It was the original Liquidmetal Company started by William Johnson, Gerry Croopnick and another guy named Scruggs. This was the original business, the oilfield business, from which later development of BMG's became derived. Both Croopnick and Scruggs have died. Johnson is the sole surviving ORIGINAL PARTNER in this venture. It had been financed by Mrs Hewitt heiress and granddaughter of the John Deere Company.

this new team of executives came in after Victory Capital bought out the company. Kang is a minority shareholder along with Ricardo Salas.