Ann: Quarterly Cashflow Report, page-9

How come they still managed to scrape in with 5 million left in the kitty? They did not earn a cent oh wait there is an 8 in there.
Doesn't it say something in the update about various sales agreements for the secret world beating tech?
Ah, yes. It sort of says they are selling the technology, but with all the passive sentences (no owner), and double speak it is hard to tell.
"Sales agreements are for the consortium’s proprietary patented cathode technology, which eliminates the need for cobalt and nickel, while delivering comparable performance in terms of energy density and life at a significantly lower cost."
But it seems no one has paid them anything for the patented cathode ray technology as yet.