Note 15 - Related Party Transactions

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

15 .  Related Party Transactions

On

March 10, 2016,

the Company entered into the

2016

Purchase Agreement with Liquidmetal Technology Limited, providing for the purchase of

405,000,000

shares of the Company’s common stock for an aggregate purchase price of

$63,400.

Liquidmetal Technology Limited was a newly formed company owned by Professor Li. In connection with the

2016

Purchase Agreement and also on

March 10, 2016,

the Company and Eontec, entered into a license agreement pursuant to which the Company and Eontec entered into a cross-license of their respective technologies. Eontec is a publicly held Hong Kong corporation of which Professor Li is the Chairman and major shareholder. As of

March 31, 2019,

Professor Li is a greater-than

5%

beneficial owner of the Company and serves as the Company’s Chairman, President, and Chief Executive Officer. Equipment and services procured from Eontec were

$0

and

$5

during the

three

months ended

March 31, 2019

and

2018,

respectively.