The timing is consistent (March plus 60 days equals May or about mid year), but it is disappointing that the capacity numbers would be off. Since they paid for it, Steve would have had to sign off on the Torrey promotion.
Torrey:
QTMM's current capacity is 250kg per year of qd's (and have stated in their corporate PPT that they will soon be placing an order for the next gen scale-up of their proprietary continuous flow micro reactor process that will have a capacity of 1,000kg/year of qd's and could possibly have that online at, or around mid year 2015).
10K:
The Company has also negotiated an agreement with the equipment provider for the delivery of a production scale equipment unit capable of producing up to 4000 kilograms per year. This unit is intended to be used to fulfill large commercial orders. Subject to the Company obtaining financing for this larger equipment acquisitions, the sample size and production size equipment units are expected to be delivered to the Wet Lab during the first quarter of 2015. The second unit will be commissioned and tested upon delivery, with a view towards commencing initial production runs of materials within 30-60 days after installation.