True if you assume any work is being done at all. And it shows everyone how lazy and worthless management is. Merck is gaining and moving fast in AC. The Hunt family is going to take over solar. And Nanosys has kicked their butt in displays so far. Where does that leave QMC? Working at their own pace? The business world does not equate to remedial study class. QMC is left as a non-functional company resorting to trickery to con people rather than being a viable company doing actual business.