The India/Assam deal makes the company viable.
QMC will receive license fee of $1 million, technology development funding, scheduled milestone payments and royalties on all quantum dots and solar cells produced.This makes the company whole and strong. Another $20 million in funding infusion will be used to build out the facility, purchase all the production and process equipment, including the micro reactors, train the staff and provide the initial working capital.
I have to admit that the India/Assam partnership has proven that Squire's
strategy works, and he is doing a fantastic job. All his communications,
including the Shareholder Updates are prophetic, and show he was being
as transparent as a competitive high-tech business can be in disclosing
his general plans for the company's future success. He was right in
his strategy, and the shareholders can see the future benefit.
'The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.'
