timo /dyesol . to begin production this year !, page-3

I found a investor presentation on the Timo website which appears to be from January this year.

http://www.timo.co.kr/home/timo_ir_book_eng.pdf

It appears they are pretty advanced with their commercialisation process. On page 11 a chart shows that that they should have just finished validating their pilot production line and are now currently building their volume production line with mass production planned for sometime in Q3 '10.

I'm surprised that Dyesol has kept so quiet about Timo's progress as this project appears to be very advanced, probably even more than Corus.