This was my take away from reading the 10Q: ... B
Post# of 22454
BAD - Another year before the coffers start to overflow
GOOD - Stock price starts increasing before actual earnings, based on projected forward earnings and here is why:
Bad with a little Good:
The Company is seeking to raise to $5,000,000 in equity and/or debt financings to support operations over the next twelve months from our Eloc financing agreement. These financings, plus the potential exercise of stock options and stock purchase warrants previously issued, coupled with material reductions in general & administrative expenses, should provide sufficient working capital to scale up to full production over the next nine months.
Good:
Solterra specifically adjusts dates for annual minimum royalty obligations to coincide in timing with expected commercial sales of tetrapod quantum dots. Minimum royalties payable under the Solterra Rice License Agreement are expected to be due March 1, 2019. The Annual Minimum Royalties will commence in 2019.
Quantum Materials Asia intends to initiate production in the second quarter of our fiscal year ending June 30, 2018.
Lets hope there is a nice surprise during Display Week to get this moving upward on anticipated "Forward Earnings"!!