Replies to post #4156 on Liquidmetal Technologies Inc (LQMT)

[poop deck pappy]

Tails,

I saw that Carlyle holding and chased it down but I came up with a real estate holding company with offices in Fla and officers in Myrtle Beach, SC. I'm from MB and have feelers out to find out who this is. Also I'll be in Myrtle in a few weeks and have an office address that I plan on stopping by.

If I'm wrong please let me know. Just like you Carlyle really made me perk up.

[Watts Watt]

I always appreciate a person who can put things in proper perspective as you do.

The point of the below history is show you the significance of Abdi Mahamedi's buying at 22 cents a share after years of losses in his investment with Liquidmetal.



As far as the Carlisle Group goes, no one is more of an insider than Abdi Mohamedi and one of his associates, Jack Chitayat.
[color=red][/color]
You have to understand that it was Abdi who bailed out the Kang Brothers long before the Apple deal came along.

Historical Relationships of Former Key Players of Liquidmetal. Only MAHAMEDI and SALAS remain active as directors; Salas also exec vice president. All, however, remain large shareholders, including John Kangs brother, James Kang, his sister Soo Kang, who is also the significant other of our beloved PR-Investors Relations chap, Otis S. Buchanan. Below see how the old relationships established and evolved. It is quite intertwined. Brackets indicate partnerships. Dashes are only place holders for this text format. CAPS emphasize last names and associations with peers.

Abdi MAHAMEDI ---------- Jack CHITAYAT ------ [John Ho KANG ------- Ricardo Antonio SALAS
MSE, U of Penn ------------- BA Econ Tufts --------- [BA Econ HARVARD - BA Econ HARVARD]
Emanuel Investments ---- [BAIN & Co ------------- BAIN & Company]
Emanuel Land Co --------- [HOLDSWORTH Cap --- HOLDSWORTH Cap --- HOLDSWORTH Cap]
Brewan, N. American------ [Imported NUTS ------ Imported NUTS ------ Imported NUTS]
N Amer, Hampshire Land - Atlantic Realty ------- [MEDICAL MGR ------- MEDICAL MGR]
[CARLISLE Dev Group --- CARLISLE Dev Gp] ---- [WEB MD --------------- WEB MD]
[LIQUIDMETAL ----------- LIQUIDMETAL -------- LIQUIDMETAL -------- LIQUIDMETAL]

Abdi MAHAMEDI ---------- Jack CHITAYAT ------ Thomas Steipp------- Ricardo Antonio SALAS

You will see that in chronological order, John Kang met Ricardo Salas at Harvard, then Kang met Jack Chitayat at Bain & Co. The 3 of them went into business together in Holdsworth and a separate nut imports from Iran and distribution. They sold that business.
Chitayat went into real estate, Kang and Salas went into Medical Manager. In the meantime, Chitayat kept his relationship with Kang and Salas, as he was a director and later, partner in a subsidiary jewelry business for LQMT. Finally, the current Chairman, Abdi Mahamedi;s Emanuel Land Company evolved into the Carlisle Group which Jack Chitayat's Atlantic Realty Group became associated with.

So when you see a director like Steve Hansen come on board to the BOD, it is because Abdi Mohammedi is well connected with sources in real estate and he is comfortable with people he knows in that industry.

As I said, Abdi Mahammedi has deep pockets, and at the bidding of Jack Chitayat, then a director, bailed out the Kangs. He took tremendous paper losses after investing millions and used the (later reversed) conviction of John Kang in a Medical Manager fraud to finally take action to bring in some new management and purge the cronies of Kang from the Board of Directors.

And now you know the rest of the story.

It was the purging and bringing in Steipp who was requested by Apple to take charge that the new Liquidmetal came to be.

Most of this is public information.