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Timeline: Disruption in the Continuum

Globe file photo

Tracking the history of Molten Metal Technology and Continuum Energy Technologies.

1989

John Preston (right) helps Bill Haney and Chris Nagel launch Molten Metal Technology in an old Cambridge factory building.

1993

Molten Metal goes public, trading on NASDAQ.

Globe File photo

1995

Vice President Al Gore (right) is given a tour of the Molten Metal plant in Fall River by CEO Bill Haney.

1996

Allegations surface that Gore helped Molten Metal receive $33 million in Department of Energy grants after executives gave campaign donations.

1997

Molten Metal files for Chapter 11 bankruptcy protection.

Globe file photo

1999

Preston and Nagel start a new company, Atomic Ordered Materials, and old Molten Metal plant becomes headquarters (right).

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2001

Molten Metal executives settle shareholder lawsuit alleging fraud for $11.8 million.

Rose Lincoln for the Globe/File

2004

Swiss heiress Corinna von Schonau-Riedweg begins investing millions in Preston and Nagel’s new company, which is later renamed Continuum Energy Technologies. At right, workers at Continuum.

Rose Lincoln for the Globe/File

2012

Von Schonau-Riedweg files lawsuit against Preston and Nagel, alleging fraud and mismanagement of investments. At right, engineer Mike Pendergast in Continuum’s Hot Metal Lab.