FF says,"Nunchi is a technology development in progress." (LQTMS)
My questions:
Regarding Nunchi and related technology development, what is the understood sense of urgency for completion? By this I mean that while it is critical for all software and components to work well together, meet customer requirements, and be error-free... there must be some timeframe by which you feel it should be ready for market. Since you recently presented privately to potential partners during CES in January, is it safe to assume that basic development is 90-95% complete? How would you characterize the current state of progress? Are there any on-going discussions or negotiations with anyone at this point? Are there any plans yet to update shareholders and the general public regarding Nunchi progress during the next quarter (Apr-Jun) or before the end of the year?
Fred's answer:
Thank you for your inquiry. Nunchi is a technology development in progress. As such, we can seek licensing customers and development partners at any time. As I've indicated on multiple occasions, we are actively pursuing potential licensees and development partners. Any information regarding our progress will be released through official Company communications.
- Sinkman