"I also think the founder Mr. Stephen Squires shou
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Posted On: 05/17/2017 2:09:27 PM
"I also think the founder Mr. Stephen Squires shoud have raised fund from BOE or TCL, I believe both companies wrote term sheet to QMC, but he did not accepted. If QMC has USD 4-7mm in hand, it would be much safer investment."
Why would he sign a term sheet with either for funding when he has access to funds if he files an S1 for the LOC already in place. Why would he want to be under the thumb of any one OEM which restricts his ability to serve the whole market.That thinking screwed Nanoco bigtime with LG.
As far as GTG they have deep pockets and a serious relationship with BOE anong others
ABOUT GUANGHUI TECHNOLOGY GROUP
Guanghui Technology Group (GTG) is Financial Advisory and Services Company aiming at assisting advanced technological companies to enter into China market. GTG’s founding partners and affiliates have contributed to a number of high-profile government and industrial funding projects including multi-billion dollar fund raising into BOE as well as large scale international M&A in solar energy sector, also involved in a number of strategic investment projects in diversified fields such as Lighting, Li-ion battery, Biomedical and Security, etc. GTG CEO & President Mr. Xiao Liu is widely regarded as an honorable financial expert by in the Chinese investment community. Mr. Liu manages over US $40 billion annually. He has partnered with Dr. Michael Nobel of the Nobel Sustainable Development Foundation to form an incubation fund for investing in next-generation technologies including life science, biomedical and advanced materials field. Most recently, Mr. Liu signed a collaboration agreement to manage a newly-created government-driven fund of US $431 million for investing into international businesses in December 2016.
Why would he sign a term sheet with either for funding when he has access to funds if he files an S1 for the LOC already in place. Why would he want to be under the thumb of any one OEM which restricts his ability to serve the whole market.That thinking screwed Nanoco bigtime with LG.
As far as GTG they have deep pockets and a serious relationship with BOE anong others
ABOUT GUANGHUI TECHNOLOGY GROUP
Guanghui Technology Group (GTG) is Financial Advisory and Services Company aiming at assisting advanced technological companies to enter into China market. GTG’s founding partners and affiliates have contributed to a number of high-profile government and industrial funding projects including multi-billion dollar fund raising into BOE as well as large scale international M&A in solar energy sector, also involved in a number of strategic investment projects in diversified fields such as Lighting, Li-ion battery, Biomedical and Security, etc. GTG CEO & President Mr. Xiao Liu is widely regarded as an honorable financial expert by in the Chinese investment community. Mr. Liu manages over US $40 billion annually. He has partnered with Dr. Michael Nobel of the Nobel Sustainable Development Foundation to form an incubation fund for investing in next-generation technologies including life science, biomedical and advanced materials field. Most recently, Mr. Liu signed a collaboration agreement to manage a newly-created government-driven fund of US $431 million for investing into international businesses in December 2016.
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