EVL, nice posts today,!
Nanosys doubled their production and the only way they could justify it was to lower their prices per gram and produce commodity priced volume.
That's a strategy proven doomed to failure as the QD film display industry cannibalizes it's profits in a race to the lowest prices and smallest margins in order to compete. We have already seen most of the smaller factories close because they can't compete due to low profit margins.!
Squires thinks long range and in the best interest of the shareholders and did not get sucked into this losing path. You can read in the Jan 2019 shareholders letter that the new strategy is gaining licensing and royalties deals with long term JVs. That describes the India deal. QMC gets the true value of the QD in the end product through royalties. That's the business plan.
'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.'
