"Litarion will be out of money sometime in the first half of next year without some large and or a numerous amount of contracts. The payroll of some 150 people including 10 Ph.Ds and many others with Advanced degrees is enormous. As such, the market will not wait until the money is gone before the stock sell off will occur. Its now over the 2 months since the line that Andy drew in the sand, some sizzle but not much else."

Right still risky, nice to buy distress asset but they have not years to succeed otherwise just more loss and story will be short if no substantial commercial order not materialized shortly.

Could have (hope) stock price react more to Litarion acquisition but seems market wait to see what will they do with Litarion.

2015 should be fine as Evonik let cash in Litarion + remaining Daimler contract for a few months but 2016 ???

Cross fingers good news are coming soon otherwise stock price could be again a disapointment.