just started to read ,some real nice breadcrumbs...i like this part:
"The milestones of each License Agreement also require a quantum dot production pilot plant to be established by February 28, 2012, capable of producing 1,000 grams per week. This requirement has been met. The subsequent milestone of the License Agreement require a full scale quantum dot production plant be established by May 31, 2012. No assurances can be given that this milestone will be met by the Company on a timely basis."
and this: Plan of Operation
Since November 4, 2008, the Company is executing its business plan as follows:
Solterra plans to:
a) Scale up Quantum Dot Production by applying proprietary technology licensed from Rice University for our quantum dot synthesis process and accomplishing large scale production using proprietary Micro-Reactor technology jointly developed through an agreement with Access2Flow an advanced flow chemistry consortium based in the Netherlands. These proprietary technologies enable Solterra to produce the highly desirable tetrapod quantum dots at a cost savings of greater than 75% compared to competing suppliers, and will organically supply Solterra’s requirements for quantum dots for its solar cells and other quantum dot enabled products. Additionally, Solterra intends to market these Q-Dots through various existing supply channels into various markets, including but not limited to medical diagnostics and electronics. The initial pilot scale up will take place at the Access2Flow facilities in the Netherlands and once optimized will be relocated to a solar cell production facility, which is anticipated to be located in Saudi Arabia.
b) Fabricate solar cells and optimize the performance of solar cells based on a proprietary blend of quantum dots (QDs). The aim is to invest our best efforts to demonstrate and scale up production of low cost quantum dot solar cells having peak efficiency of greater than 6%. The efficiency of solar cells is the electrical power it puts out as percentage of the power in incident sunlight. Within the photovoltaic market, cell pricing and peak efficiency are key benchmarks for consumers in the decision for system selection and installation. The design and manufacture of Solterra's quantum dot based solar cells is projected to allow for the conversion of sunlight into usable electricity at a combination of efficiencies and cell cost at a very low "cents per kilowatt-hour" rate. This work to date has been accomplished on site at the Arizona State University labs but is being relocated better accommodate the logistic requirements of our Chief Science Officer, Professor Ghassan Jabbour, who is working at Kaust University in Saudi Arabia.
c) The Company has received a number of inquiries for its Tetrapod quantum dots (“TQD”) for a broad range of applications. It is our desire to, establish a pilot line Tetrapod quantum dot production plant as soon as possible so we can better exploit these opportunities and have the ability to custom tailor the features of the TQD’s for a specific customers applications. We are currently in discussions with a Canadian based group that has expressed interest in providing the funding for this pilot plant to be established in Canada. This group is currently conducting its due diligence. It is our desire to establish a second TQD pilot production plant in Austin Texas and we are in preliminary discussions with several groups in order to arrange for the funding necessary to establish this pilot plant as well. If we are successful in establishing the pilot production plants in Canada and/or Texas, of which there can be no assurances given, we are anticipating revenues in the eighth month after receipt of funding for each respective plant. We can provide no assurances that funding for the proposed pilot plants will be available to us on terms satisfactory to us, if at all.
-also nice to see posted on time :)
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