no one to date has produced qd's in anything but a beaker line. No one can sustain a commercial enterprise with beaker lines - that dog don't hunt....
second issue is the quality of the crystals that are formed. you can take qd's and get 4 or 5% conversion factor on solar or you can figure out how to do it right and in a production line environment (50-100kg p/day) and get 2,3,4,5 times that and more.
Watching grass grow isn't fun unless you're an ant. Some patience is required.
NOTE on listings: a) you can't get off pinks when you're non-compliant as stated earlier and when you become compliant (maybe soon) then you have to file a 15c-211 (think that's right but it's been awhile since I read up on this) and it has to be approved via finra, etc.
I think that will happen yet this year. I think that a Standard 1 and standard 3 are both possible for an AMEX listing. This listing would move you away from the shorts and permit one to grow the company while being off the "Pinks" and opens the door to institutional investors.
Once you do that you can then make the move (after you meet the req's for capital, etc) to a small cap nasdaq, etc. for amex listing requirements www.nyse.com/regulation/nysealternextus/1231977631662.html
As you look at the standards, you'll note that a $2 p/sh price is required. I agree that the company isn't trying to figure out how to compete with the beaker lines.