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09/30/14 7:19 AM

#83352 RE: read_this_n0w #82998

SCON Completes Sale of Equity Interest in Resonant Inc. for $3.56 Million

Removes need for cash while fine tuning the third and final equipment piece installed in September for the 1 kilometer length commercial production line for high temperature superconducting wire !!

Look forward to full production in the next 3 months.. and the commercial deal fro 750 kilometer of annual wire production from that line for about 35 mln revenue..

And the nice part that i like.. its a highly scale-able production process

about 9-11mln equipment cost for each 750km production line