Ann: Quarterly Activities Report - September 2018, page-7

They have explained things better in this update. 

The silicon composites is the new focus. The ratio of materials and using substrates.  It is always about maintaining contact with the silicon as it expands and contracts. 

Could they make AnteoCoat more flexible as well ? Add silicon to AnteoCoat !   Just an idea. 

3 million in cash. And the burn ?    236 / qtr but that includes the grant so it is actually 1M / qtr.   They have lowered that so that officially the burn is 811/qtr.

They have saved 110G on staff costs(could be JoeDM going part-time but they are hiring more battery people I thought) and another 150G off admin/corporate costs ? cheaper auditor ?    but spending extra 114G on R&D which is where the money should be going.  

So at 3077/811 is 3.8 qtrs.  11 months. You cannot do a CR on the last day.  Leaving it late is dangerous. The sharks circle at that point.

Planning the CR might be around the 6-9 mths or the 3rd qtr or May/June next year.

6 mths to get large battery end user and / or battery manufacturer to sign up to something with dollar signs attached.  

Maybe something from China around Lateral flow assays would be timely. 

Is it a bit much to expect a scientific breakthrough ?