As mentioned above, the commitments are conditional on CisticPoly's or third-party approval of product specifications. If product specifications are not approved, then CisticPoly is not obligated to purchase GQDs.
Dotz Nano advises at this time, that CisticPoly have not yet formalized any sales agreements with potential customers for GQDs, nor have any product specifications been confirmed by CisticPoly or third parties. On this basis, Dotz Nano cannot categorically state that the full anticipated revenues under the agreement with CisticPoly can be achieved, until such time as the above product specifications and sales agreements have been formalised. Once specifications have been approved by CisticPoly or third party, specific Purchase Orders will be issued. Only when the Purchase Order is accepted by Dotz Nano will the transaction be binding for both parties.
Cap raising next quarter when Moti runs out of play money. LOL!
DTZ Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held
