Taking a look at where we stand Why am I so exited?
Well first of all... We are current on our filings!
This is a big deal, and something we've been waiting for for more than a year now. Why is this a big deal? Because there was no value in releasing news into the world when the company wasn't current on their filings. Most investors don't even bother to look at a non reporting company... So by being current, we're opening up to a whole lot of new potential investors. So any news will have a much larger impact from now on. Why do I think we'll be getting news in the coming days/weeks?
We'll correct me if I'm wrong, but being current doesn't only mean that you have to be current with quarterly reports. Companies will also have to report "material events
News or details that may reasonably be expected to affect a company’s stock price and thus decisions that investors make about buying or selling the company’s stock. Material events may be the addition or loss of a large customer, falling or rising sales, a merger agreement, financial results above or below expectations, or a change in the company’s dividend policy. Material events must be disclosed to the public and to the Securities and Exchange Commission in an 8-K.
So being up to date also includes informing us about new customers that will affect the stock price. On this board we believe that these customers already exist, and therefore it shouldn't be long before we hear about them...
Another event that will affect stock price is the completion of the research facility. There was still doubt on this board (even by me) if the deadline would be met that was printed in the 10K
The milestones of each License Agreement also require a quantum dot production pilot plant to be established by February 28, 2012, capable of producing 1,000 grams per week. No assurances can be given that this milestone will be met by the Company on a timely basis.
That's what they said right? No assurances...
Then why did they write on the same 10K in the Business Accomplishments to Date
Developed AND implemented plan to establish nanobio R&D and production lab in Texas
I could be reading it wrong, but I think they actually already met the milestone of establishing a production pilot plant. What do they make in a nanobio R&D and production lab? Should be TQDs right? What do you guys read in this? I say they are already producing 1KG of TQDs a week... But don't take it as a fact yet! let's just assume... So what will they do with this production?
Well, we saw that Dr. Hanna Haverinen moved to KAUST
, and as a welcoming gift was given a brand new, state of the art Printing and Roll-to-Roll Laboratory at KAUST
. Because of the great research from Hawk
, we know that Dr. H has been working very closely with Dr. J on the printing process. So this move from Dr H to KAUST is a sign IMHO that the printing process is ready for a test run. Bringing the printers to KAUST is probably the last step towards printing some prototypes. When we can make 1KG of TQDs a week, and we have printers at Dr.J's university, we can start to make it really happen. How far they have advanced in their research is still an unanswered question, but I'm convinced that they must be close now. A reliable and constant supply of TQDs is the first and most important step to producing some solar panel prototypes. So I'm ready to see some... But it would be even better to show them to some rich Saudi oil Sheik who can see the potential and is willing to put some "hard earned" money into a full production facility so we can start making solar panels for the first third generation solar farm... (yeah, I'm dreaming hard... But just think what this stock will do when a $200 million solar project is announced... )
When Stephen sold his house and office, I saw that as a confirmation that they all moved to Texas because the facility there was ready. We're also up to date on our filings, and I'm sure there will be more pharmaceutical companies that are eager to work together with a company that can produce any custom Quantum dot they desire...
And you know what... maybe my fantasy isn't even big enough to comprehend the possibilities of this company...
Who knows WHAT is in the closed right now... The nanoaxis deal also slapped us in the face like a lavender smelling silk scarf...
2012... A year we'll never forget...