Liquidmetal (LQMT) is still in the most demanded industry where tech is in dire need of different kinds of metals. However, due to poor management, the company couldn’t meet the expectations of shareholders and ended up being OTC stock in the U.S market. Recently, Liquidmetal made a very clear announcement regarding the changes in the managing structure. That’s why normally flat stock becomes very active in daily total volume, as well as, in moves it shows off very sharp fluctuations.
The California-based company just had major changes in its high-ranking positions. Only 4 days ago, its CEO and president Professor Lugee Li stepped down from the current position but remains Chairman of the Company’s Board of Directors. This major decision got support from Professor Lugee Li who wants the company to grow and receive international popularity to increase the revenue.
A very interesting event happened to the position of CEO and president. Mr. Tony Chung was appointed by the Board of Directors as an interim CEO. Mr. Isaac Bresnick became a president who will be responsible for customer services. Top-level managers believe that these structural changes will surely bring positive results soon, according to Business Wire.
Agneta is still enjoying her trips to Asia and Africa while she works at Own Snap as an author and reporter. Very soon she will settle somewhere in Europe and run her startup enterprise.