InvestorsHub Logo
icon url

puravida19

02/14/19 7:22 PM

#69650 RE: Lowly Public Servant #69646

Did you not count the $7-10M to be earned? Squires is demonstrating the QDLED Display in San Marcos this month. Then there's QDLED for SSL. Company has many paths to revenue this year. Assam assures costs are covered somewhat and helps get further financing for other projects if needed.
icon url

Thudmother

02/14/19 8:54 PM

#69654 RE: Lowly Public Servant #69646

I am going to expect a lot of sideways trading for the short term, imo.
icon url

TedJ

02/15/19 11:58 AM

#69675 RE: Lowly Public Servant #69646

"Also royalties will not begin until 2021."

Per the Q:

Amtronics will pay to the Company a royalty on gross sales under the license, including annual minimum royalties beginning in 2021.



Royalties will be paid on gross sales as soon as sales begin (With regard to royalties, we anticipate royalty revenues from the Assam operations will commence during the fourth calendar quarter of 2019 per the Update).

The annual minimum royalty payments beginning in 2021.