Good to know that. Not only revenue is paramount, but low operating cost, efficient operation, and most important, POSITIVE EARNINGS.
ASTI has minimal manageable debts, it can still survive and linger along even sales have been dwindling to a trickle. Pathetically the EnerPlex product line it created from the $350 million it raised in the past few years was sold to a Hong Kong toy company for only $1 million. It now keeps only the CIGS thin film product. Its constant 6 million quarterly loss in the past year rest on the shoulder of its shareholders in the never ending share dilution currently at 6 billion shares.
If NANOCO's QD production partners and its sole Fine Color Film partner in Taiwan fail to generate sales, NANOCO could end up in the similar situation as ASTI because its huge operating cost of 2.8 million GBP in R&D and 4.3 million GBP in Administration totally 6.4 million GBP annually. Fortunately it does not has debts.
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