Wow, there are some cold hard facts to digest .... I'd say a grace period of 2/18 is very generous.
Regardless of one's sophistication on the matter it is easy to conclude there are some serious barriers associated with commercializing the material. If that were not the case the failures of the prior generations and the 18 - 24 month non performance of a genius like Li has to be a strong indicator.
Trouble with all this is seemingly very simple ... at what point can an "investor" give up ? Li has made that simple decision very difficult but I can't believe that all those who have gone before him were stupid people and their failures cannot at all be ignored.