Pure nonsense.
What has QTMM done and why would Nanosys want to do it? They are busy making actual sales while we are making Facebook pictures. No one here gave one hoot about India before those pictures came out and now it's the be all end all. There's a reason no one cared, and it's because there is almost no market there.
From a Businessline article 3 months ago:
"India’s electronics industry is still at the toddler stage. It’s only just moved from crawling to taking baby steps. For the most part, components for goods like mobile phones are imported and assembled here. Currently, domestic value addition in manufacturing is less than 50 per cent for appliance and consumer electronics — otherwise known as ACE — products and just 7 per cent for smartphones, far below the global average, according to a PriceWaterhouse report. Hence the huge outgo of foreign exchange."
Down the road long term maybe there's a market there, but right now it doesn't exist. Nanosys and Nanoco are not there because there is no reason for them to be there. India will be as profitable as FF and the online store for the forseeable future.
