China have wanted the product for years. China is real, dont kid yourself, i have no reason to believe that the contract will not be fulfilled. Dated back in September 05 when first announced it did actually say 5 years, not 3 years (which is when the Olympics will be held).
Apex are in a position to know more about what is going on that any poster here and they have showed their hand.
Dr Unterwegner, the chairman forked out $83k from his own pocked last week at 21.5c.
I see the Hong Kong listing as a means to enable Chinese investors to directly profit from the size of the deal.
I think QTK are close to completing the required modifications. I think they may have been conservative with their time guidelines in last weeks update. Once the prototype of the modified transponder is complete the manufacturer will begin pumping them out.
The directors spelt it out in the update and i will quote "We anticipate that our loyal and supportive will be rewarded".
Patience is what is needed here and very few posters on hotcopper possess it.
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