Ann: Company Update, page-45

So my main takeaway was the goal of achieving the design freeze. That means ADO are locked in with EV1 lets call them for their next iteration.

From the analyst report previous, it noted a design freeze looking at mid year with at least 1 EV manufacturer. This raises so many questions

How is ADO funded until then, looks like barring a left field announcement, Sophs will be hit up with promises of the world and a few for the dedicated shareholders to chip in to get us there.
Is the commercial deal announced before or after design freeze? Shoulder shrug emoji.
Where are the million or so litres of glue going to be manufactured.
When does EV1 start forking out dollars for the privilege of incorporating the technology.

Geez if there was only $12 mill in the bank account. The S.P. would be well north of where it is now.