This is the key to the whole thing. It is also important to note the pink listing. I can't see this length of time on the pink sheets as anything other than hiding developments. Complex accounting details don't take months to unravel. And if QMC had a solar cell (or anything marketable for that matter) we would've seen it at the CES and they would also be screaming it from the rooftops. I see the original Indian contract as nothing more than an intentional bait and switch. It was never in effect. This scenario makes the most sense.
I don't think this Indian scenario happens in any reasonable time frame, if ever. I also don't see QMC coming off the pink sheets any time soon.