Jimmy, QMC does not have high expenses like nanosys and nanoco. By your reasoning they are in deep financial trouble, not QMC. QMC has a machine that does it all automatically. It works for practically nothing. QMC never took VC money and has full freedom to operate. Squires came back January last year when the company WAS in financial trouble and turned that around. QMC claims they paid this loan back and do not owe the predatory lenders anything more. The PR explained why the annual and q's were late.
The market has not taken off. Samsung is selling but it is a big question how much they can spend to keep buying market share? OEMS announce product but no details and no specs, and they won't say where their QD supply will come from. Both nanosys and nanoco are constrained by production limitations and products problems. I will take our position over theirs any day and everyday.
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