As I understand it, no American corporation can manufacture in China without a Chinese interest in the company. As far as IP theft goes, sure industrial espionage happens globally, but if it happens on US soil there is recourse through American legal system. If it happens on Chinese soil, well, the Chinese courts have a long history of siding with the thief. I do get how having a partner like GTG can make things more secure, but over all I believe manufacturing in China is unnecessary and a liability.
As to the Money that would come from QMA, no matter how much could come in, it would still less than 100%. As i understand it, it's 50% of the profits from QMA. If QMC can ship the dots from the US, receive 100% of the profits, and have less chance for IP theft, what is the reason for a continuous flow reactor to enter China?
To me, the China deal stank almost as bad as Freschfield until just recently learning about the shipping requirements. If all that investment money for QMA was there I'm sure Squires would have had a picture taken of himself breaking ground at least a year ago and there would have been all sorts of updates to buoy the share price. Maybe Squires was hedging his bets regarding shipping materials from the US and thought he might have to make the bulk in China...or maybe he thought he needed time and the ability to sell shares to fund the development of a dot the market actually wants. Either way, he kept the lights on and now there is nothing stopping QMC from selling dots made in the US...it would seem.
