Quantum Materials Corp. (fka QTMM)

[FreeGrass]

Looking closer at 2 points made in the 10K

One line in the 10K was actually a mistake (confirmed by Chris). The actual quote should be; "We anticipate we can achieve production and initiate sales in the first quarter of 2013"

So I know Rip doesn't like me speculating like this, but I read what is written, and what is written is "initiate sales in the first quarter of 2013". So sorry Rip, but that sounds like it could be our first revenue in the next 10Q. You can always correct me if you think I'm wrong...

The immediate goal is to develop a QD microarray device for detection, diagnosis and quantification of early cancers. The QD-MI device will be designed for rapid detection and grading of various multiple cancers using blood assays; easily, with higher accuracy and at less cost than current single ELISA assays. All diagnostic and pharmaceutical products will include QMC quantum dots functionalized by NanoAxis biomedical IP nanotechnology. We anticipate we can achieve production and initiate sales in the first quarter of 2012 and based on our limited test marketing, we believe this product has the potential to be well received by the nanobio markets. However, no assurances can be given that the aforementioned plans will occur or lead to profitable operations.

The other point that cought my eye was this;

Negotiated rights to sub-license technologies with Rice University. This was necessary to complete the joint venture agreements that we have been negotiating in the middle east and will be necessary as we pursue similar JV’s in other regions.

So now that we have our patent, I think we could start to see a few deals being announced in the near future. The talk on December 5 will sure help us with that...