It's a known that Nanoco exercised a non-performance clause in their contract. With LG pumping OLED's first and Dow then developing a film product, they are obviously behind the original timelines. As I said at the time, it's a win-win. Dow focusing on Korea (LG and Samsung) gets a reduced royalty obligation, i.e., lower costs, and Nanoco gets the freedom to add other channels.
Yes, we need a film company relationship (or two) and N-D may be a successful route to market for us. In terms of comparison though, it's probably best to contrast that with Nanoco's Wah Hong license and Nanosys' 3M and Hitachi relationships.
No need for blind faith. Listen to the Edelman presentation. You'll learn something.