RE: Multiple new jobs again and possible new Q instrument10 May 2021 20:01
From 15.10.2020 IT-IS Acquisition RNS:
"In addition, an earn out of up to £1.9 million in cash is payable to the directors of IT-IS over the next two years, subject to certain manufacturing targets being achieved."
I have always thought 2 years was a very long time for an earn out, when Chartwell were available to improve the 'here and now' production situation.
NCYT bought everything, including the rights to any R&D / new products.
IMO GM negotiated the 2 year earn out with directors because he had a few jobs for them up his sleeve.
We will soon see the first product I believe.