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Everyone should own some QTMM Quantum shares. Could be the next IBM, or Google, buy out at 20 times the current price?
Quantum Materials Corp Provides Update on Expansion of Tech City in Assam, India
October 24, 2019 11:09 ET | Source: Quantum Materials Corp
Construction of Expanded Facility Continues; QD Production to Commence in Q1 Annual Projected QD Volumes to Exceed Original Expectations
San Marcos, TX, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Leading American nanomaterial and cadmium free quantum dot producer and product company Quantum Materials Corp (OTCQB:QTMM) today provided an update on the expansion and construction progress of Tech City in Assam, India, and on the planned commencement of the production of QDXTM Dots there.
Originally planned to occupy 20,000 sq. ft., Tech City is now being constructed to a 75,000 sq. ft. footprint, with redesigned waste management and recycling systems to support the multi-story quantum dot laboratory and factory complex.
“Production of QDXTM Dots is expected to begin in Q1 2020, ahead of the completion of the entire facility,” said Dr. Tony Balchin, CEO of Amtronics India LLC, which is coordinating the project and is the licensee of QMC’s QDXTM Reactor technology. “Despite unprecedented monsoon rainfall in the region, our offsite prefabrication work has continued to allow for expedited installation onsite. Project funding is progressing as planned, which also allows us to advance onsite work.”
QMC intends to upgrade the reactors at Tech City to connect them to its QDXTM Ledger blockchain platform. This will allow the volume of quantum dot production, which is expected to be higher than originally budgeted, to be monitored and appropriate royalties recovered.
“We are grateful to Dr. Balchin and his team for their continued dedication to a timely completion of Tech City and look forward to hosting key Amtronics technical and laboratory staff for specialist training at QMC’s HQ here in San Marcos, Texas,” said Stephen B. Squires, President & CEO of Quantum Materials Corp.
Once Tech City goes live, QMC expects to begin earning royalties from the licensing of its technology in addition to the current and continued revenues from the provision of its QDXTM Reactor systems and ancillary equipment and services.
One other VEII OTC Profits Ex Bal Sheet. Discovered on OTC site with a huge Wed runup looks like Promo vaulting this co. Bought a few today
Glad to see you posting on QTMM remaining Long. I wanted to mention a company on the OTC looking quite promising. Believe me it takes a-lot to impress me however this company is quite diversified and looking to go on the Nasdaq. There are in the Medical Field and Biotech. Ticker GNBT. I bought in last Wednesday and steadily going up.
https://investorshub.advfn.com/Generex-Biotechnology-Corp-GNBT-4711/
https://generex.com/
GNBT - Generex Declares 1 for 1 Stock Dividend In Conjunction NASDAQ Up-Listing With Record Date Of 24 July 2019
MIRAMAR, FL -- June 20, 2019 -- InvestorsHub NewsWire -- Generex Biotechnology Corporation (www.generex.com) (GNBT) (http://www.otcmarkets.com/stock/GNBT/quote) is pleased to announce that the company today declared the previously announced 1:1 common stock dividend. The Record Date for the determination of the holders of the GNBT (the “Company”) common stock entitled to participate in the Company’s 1:1 common stock dividend will be Wednesday July 24, 2019. The dividend Payment Date will be the first day the Company’s common stock trades on the NASDAQ Capital Market; payment of the dividend is contingent upon the successful up-listing of the Company’s common stock on the NASDAQ Capital Market. In the event the Company is not listed on NASDAQ on or before October 31, 2019, the dividend will not be payable without further Company Board authorization and announcement.
The Company expects to file its application with NASDAQ shortly. Thirty days of process time after filing is customary. On the date of this announcement, the Company did not meet all of the initial listing criteria, such as the stock price requirement, however, the Company believes that events in process will enable it to meet the initial listing criteria at the $4, $3, or $2 stock price thresholds.
The Company believes that the ex-dividend date will be the trading day following the Payment Date, by application of FINRA Uniform Practice Code section 11140(b)(2), because the dividend is greater than 25 percent of the value of the Company’s common stock. In addition, effective September 5, 2017, the U.S. Securities and Exchange Commission shortened the settlement cycle for transactions in U.S. equities from trade date plus three business days (T+3) to T+2 (Rule 15c6-1(a) under the Securities Exchange Act of 1934 (17 CFR 240)). Company’s common stock acquired in trades settled prior to the ex-dividend date will be entitled to receive the dividend.
If shareholders of record sell stock after the record date but before the ex-dividend date, their shares will be sold with a “due bill” book entry which will denote that, although the Company will pay the dividend to the stockholder’s account, the stockholder’s account must relinquish the amount of that dividend over to the buyer of the stock. Conversely, if stock is purchased after the record date but the trade settles before the ex-dividend date, the buyer will be entitled to the dividend and will receive it via the due bill process.
The Company’s stock dividend will result in one share of common stock paid for every one share of common stock owned.
Joe Moscato, President & Chief Executive Officer of Generex commented: “I am happy and proud to have been able to fulfill my promise to reward our loyal shareholders for allowing us to reorganize and revitalize the Company. This final dividend demonstrates our commitment to share our successes with our shareholders, as we take the final steps toward achieving our goal to bring Generex back to a national stock exchange, as I will discuss on tomorrow’s teleconference. Also, on the call, my management team and I will provide a complete corporate overview, an update on the exciting commercial launch of Excellagen, details on our go-forward strategy, and an introduction to our highly valuable, restructured MSO platform.”
The access information for the investor conference call on June 21, at 9:00 AM Eastern time is as follows:
Investors & persons of interest calling into the event:
Domestic US/Canada – 1 - 866-342-8588
Direct Toll / International - 1 203-518-9865
Conference ID - 91034
This press release does not constitute legal advice. Investors are encouraged to solicit independent legal advice and to consult their independent investment brokerage firms as to record, payment, and ex-dividend dates and the application thereof to trades in the Company’s common stock in the context of the stock dividend.
About Generex Biotechnology Corporation
Generex Biotechnology Corporation is an integrated healthcare holding company with end-to-end solutions for patient centric care from rapid diagnosis through delivery of personalized therapies. Generex is building a new kind of healthcare company that extends beyond traditional models providing support to physicians in an MSO network, and ongoing relationships with patients to improve the patient experience and access to optimal care.
In addition to advancing a legacy portfolio of immuno-oncology assets, medical devices, and diagnostics, the Company is focused on an acquisition strategy of strategic businesses that complement existing assets and provide immediate sources of revenue and working capital. Recent acquisitions include a management services organization, a network of pharmacies, clinical laboratory, and medical device companies with new and approved products.
Our newly formed, wholly-owned subsidiary, NuGenerex Distribution Solutions (NDS), integrates our MSO network with a pharmacy network, clinical diagnostic lab, durable medical equipment company (DME-IQ) and dedicated call center.
Revenue from the Company’s subsidiaries will support clinical advancement of its wholly owned therapeutic products with a focus in immunotherapeutics based on stimulating critical members of the immune response, known as T helper cells, and its proprietary buccal administration of insulin.
$TRBO Turbo Global Partners Ready For That Bottom Bounce Massive Upside Potential On This Beauty
Mike QTMM PR Thurs A Mill Now in turn Billions later :)
Quantum Materials Corp Announces $1 Million Order for Two High Volume Quantum Dot Production Systems
June 13, 2019 07:00 ET | Source: Quantum Materials Corp
San Marcos Texas, June 13, 2019 (GLOBE NEWSWIRE) -- Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp, (OTCQB: QTMM) announced today that it has received orders totaling $1 million for two high volume quantum dot production systems. The $1M order has been placed by Amtronics LLC and has been secured with a letter of credit issued by Assam Electronic Development Corporation Limited. The two systems are scheduled to be delivered to Amtronics LLC on or before June 30, 2019 and will be deployed at the Quantum Materials Corp’s licensee’ new Tech City site in Assam India, currently under construction with a target completion date of November 2019.
Quantum Material's is the leader in high volume, low cost, quantum dot production using its patented continuous flow process technologies. Their QDX™ dots have been engineered to provide long-term reliability making them ideally suited for solar, energy storage, lighting and display applications.
Quantum Materials Corp CEO Stephen B. Squires commented, “We are pleased to see our patented technology being deployed in India and we are working closely with our licensees to better understand the Indian market and the nuances of doing business in this rapidly developing region. In addition to our primary mission of developing infrastructure to support roll-to-roll printing of next-generation quantum dot-based thin-film solar cells, the Tech City plant will be developing technology to support commercial production of QD based films for high color gamut flat panel displays as well as QD-LED general lighting and energy storage applications.”
Commenting on the news, M.K. Yadava, CEO of Assam Electronics Development Corp, stated: "We are excited to see our vision taking shape in this exciting new venture to build next generation technology utilizing quantum dot materials. We are making excellent progress in constructing the new quantum dot facilities here at Tech City and with weather permitting, we believe the new facility will be completed according to schedule with an opening date on or about Nov 2019. The required battery of soil, pile load and water quality tests have all been completed at this time. Finish grading and secondary ground preparations for the project area have also been completed and facilities construction work will be commencing at this time."
Squires concluded that, “The Indian market for solar and high efficiency LED lighting technologies holds enormous potential. We believe our strategy to license our technologies to well positioned strategic partners with Indian government participation is a winning combination and one that we intend to continue to build on. With above-ground construction now ready to commence, we expect a steady stream of updates on this project from our partners and will be releasing additional updates on a periodic basis as the project progresses and approaches completion in the fourth quarter of this year.”
ABOUT QUANTUM MATERIALS CORP.
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com
About Amtronics India LLC
Amtronics India LLC is a joint venture between Amtronics cc of South Africa headed by Dr. George Anthony Balchin and Amtron an Indian government owned electronics technologies company headed by M.K.Yadava. Amtronics cc has expertise in infrastructure and construction management and deep operational expertise. Amtron is a Indian government owned enterprise devoted to advancing emerging electronics technologies that lead to creating new industries and employment opportunities in Assam India.
QUANTUM MATERIALS CORP CONTACTS:
Toshi Ando
Sr. Director of Business Development for Asia/Pacific
510.300.4021
toshi@qmcdots.com
INVESTOR RELATIONS:
Clay Chase
619 917-6771
cchase100@yahoo.com
MEDIA
Rich Schineller
rich@qmcdots.com
941.780.8100
http://www.globenewswire.com/news-release/2019/06/13/1868261/0/en/Quantum-Materials-Corp-Announces-1-Million-Order-for-Two-High-Volume-Quantum-Dot-Production-Systems.html
Medical Marijuana, Inc. $MJNA Subsidiary Kannaway(R) Unveils New CBD Coffee and Tea Pods https://www.barrons.com/press-release/PR-CO-20190507-909511?tesla=y
$NIO Stock Has Really Positive Info on '60 Minutes' Spot https://seekingalpha.com/news/3436352-nio-gets-boost-60-minutes-promos-positive-piece
$KBLB HOD $0.25 on high volume 18 M shares
$KBLB on a "Breakout" up .12 in 10 days. fROM .06 TO .185
$KBLB Adding 2 Independent Board of Directors
Regards
Sunny:>)))
$NIO $10.70 upgrade from Goldman Sachs Group $GS assumed coverage on shares of NIO in a research report on Thursday, March 7th. They issued a “buy” rating and a $10.70
$QTMM break out #3 is knocking on the door thanks to huge news, second huge news this year.
$IFUS is way undervalued IMHO
$QTMM is a strong buy!
Yep, it really stunk. Alstom Power VP was sure we had the 5 million dollar Euro Grant in hand. He told me by PM post mortem that had GE not bought Alstom Power, they would have won the grant/or funded the pilot plant internally. He had the power to that at Alstom, but not at GE.
Shit happens. When I was being courted by GE for my Tech I won US DOE grants for ages ago. the DOE warned me about GE. Said they were not my friends!!! Had other run ins with them before.
Thanks, Landing an OEM Display maker or Multiple OEM's the stock will take off like a rocket..First time I can recall a Monday PR
Changing the Subject I did get your PM a while Back regarding Mantra and the Opportunity you had when things we're on the up-up. Sad that GE pulled the plug.
Done!! You owe me one, LOLOL. JK
Thanks for keeping the QTMM fires brewing here.
Yeah quite a story and still VERY EARLY!!
Could you sticky on the QTMM board Post 72926, the other post that I asked awhile back I covered in my sticky. Thanks Mike :)
Hey dude, you posting that awesome stock story here, you are going to make lonely little board here famous again.
Make My Day!
Hell of move and news of QTMM Quantum dots just as folks were taking a vacation and selling again.
How many stocks can take over the solar cell, TV and PC Monitor business with a whole new technology that they own the Bayer Chemical Patents on???
QTMM Hints: Today's PR Suggesting Successful OEM Endeavors
1) Quantum Materials Corp, (OTCQB: QTMM) announced today that it has produced and is demonstrating to select customers a 100% cadmium-free 55 inch QDX™ quantum dot display technology that achieves an industry-leading 95% Rec. 2020 color gamut coverage. This superior level of performance is achieved by utilizing the Company's proprietary quantum dot enhanced film while eliminating the costly barrier film previously necessary for QD-based display designs.
Note: Quantum Material's QDX™ dots have been engineered to provide long-term reliability without expensive and thick barrier films traditionally used in display applications to protect quantum dots from degradation due to exposure to moisture and oxygen which can materially compromise their performance.
2) Quantum Materials Corp (QMC) is presently working with display manufacturers, film manufacturers and chemical companies to bring this next-generation technology to market as a superior and lower cost QD-based display solution.
Note: QMC's new low-cost cadmium free quantum dot film solution will likely improve both viewing angles and overall display brightness levels by eliminating additional film layers thereby allowing more light to reach the display viewing surface.
3) Quantum Materials Corp CEO Stephen B. Squires stated that “We are extremely excited to announce this level of QD performance in a totally cadmium-free display product. We have received very encouraging indications of interest from OEM electronics manufacturers that are looking to increase the color rendering capabilities of their displays without adding cadmium and upon reaching this milestone, we believe we are now in a position to partner to commercialize this technology in order to get our QD materials into consumer displays.
Note: With the advent of this low cost, high performance offering, we believe we can materially disrupt the industry and create a market condition wherein QD enhanced technology can become a de-facto standard in consumer displays."
Note: It is one thing to produce quantum dots with extraordinary optical performance. It is quite another to be able to do so consistently in large volumes with absolute repeatability, as we are now."
4) In addition to QMC's film based solution for maximizing color gamut in LCD displays, the Company is continuing to optimize it's direct phosphor design variant which places the quantum dot materials directly on to the surface of the LED, further improving color rendering performance and lowering cost. The Company expects to be in a position to announce a working display with this variant of QD design in the near future, giving display OEM's an additional low cost avenue for increasing color gamut without the use of cadmium.
SID is right around the corner, Maybe just maybe :)
Mike QMC is gonna make it my friend
**** $HEMP Breaking out $.03+ ****
$IMTL Breaout On The Way In My Opinion !!
$IFUS just woke up with no news, up 53% at the high today, .0020, and up 300% off an all time low last year. All with no news!!!
Still way oversold, way undervalued. No convertible debt, locked float, AS has been 350 Mil since 2010. Operating firm since 2009. Cattle feed and Nutraceuticals.
Mike could you sticky Arts post 71874 As you know I-hub only allows one per Mod, He asked if I could do it. Thanks
First of all I am so glad that you bought yesterday and see the true potential here you literally bought at the bottom, excellent to have you posting also helping us understand that QTC's can fly with very little going for them. Yep 10 years in the making and you knew all along that this company had potential. I am overweight QMC personally and not totally depended on their success, I do have other investments. God I loved yesterdays PR, that has opened the floodgates!!
QMC future if things go and expand they potentially could be on the SP500 in a few years. Also Puravida19 worked for QMC and Retired from QMC and he knows QD and the potential and an excellent source of info.
This is what I have been posting around I-Hub and I-Hang:
$QTMM OTC Revenue Breakout Undervalued Quantum Materials Corp Receives Initial License Fee for Large Scale Quantum Dot Production in Assam India- New Facility Construction in Progress.
March 19, 2019 07:00 ET | Source: Quantum Materials Corp
QMC has received an initial $500K upfront payment for license "right of use" of QMC Intellectual Property for development, manufacture and commercialization of quantum dots to Amtronics CC in Assam, India to support end-use products in thin-film quantum dot solar cells (QDSC), solid-state LED lighting (SSL) and state of the art display applications. Construction has commenced on the new 120,000 sq. ft. facility with ground pilings being laid and NDT testing underway.
San Marcos Texas, March 19, 2019 (GLOBE NEWSWIRE) -- Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp (OTCQB: QTMM) announced today that it has received an initial $500K along with confirmation that the $500K balance payment is in process as part of the upfront license fee for the License and Development Agreement consummated with Amtronics CC. The license is the foundation for the establishment of large scale, low cost quantum dot production for the development and future commercial manufacture of: ultra-high definition display panels (UHDTV); solid state lighting (SSL) LED's; and quantum dot driven thin-film solar cells (QDSC) in Assam, India.
The Agreement provides Amtronics CC with the right to manufacture quantum dots and thin-film quantum dot solar cells for commercial supply in India, as well as the right to use the QDX™ trademark and technical data to support its marketing initiatives. Under the terms of the Agreement, in addition to the upfront license fee, QMC will also receive technology development funding, scheduled milestone payments and royalties on all quantum dots/solar cells produced.
Initial construction has begun with the foundation test pilings now being completed and non-destructive testing now underway. The initially proposed 12,000 square foot facility has been expanded to cover 120,000 square feet and is anticipated to be completed in the fourth calendar quarter of 2019. The QMC nanotech-focused facility is being established as the anchor project within the recently announced Electronics Manufacturing Cluster in the Guwahati Tech City.
"We are extremely pleased to share this news and view this initial license fee payment as a watershed moment for Quantum Materials Corp and our shareholders,” stated Stephen B. Squires, President and CEO of Quantum Materials Corp. “The delay in processing of the upfront license fee was largely an unintended consequence of expanding the project scope from the initial $20M to the now proposed $70M. With this payment now in place we are ready to move aggressively forward on this exciting new venture with our license partners Amtronics CC and AMTRON to bring the incredible power of quantum dots and the products they can make better to the India marketplace. This initial license payment is the culmination of many hundreds of hours of work by both ourselves and our partners’ staffs to bring to life our shared vision of developing large scale quantum dot production and associated downstream products in the solar, display and lighting sectors. While this project envisions both display and solid state lighting products, the initial focus of this venture is for the establishment of domestically produced thin film, quantum dot based solar panels.”
“The Indian government has made a priority of putting in place multi-hundred gigawatt levels of renewable energy sources by the year 2025, of which a large percentage of that power generation is slated to be provided by solar. We believe that thin-film quantum dot solar is the best candidate for filling this mandated initiative due to its low capex and opex cost when compared to traditional PV/silicon based solar especially given the fact that India has placed a huge premium on domestically sourced goods as part of their "Make in India" program to promote domestic industries. To that end we have laid out a very comprehensive roadmap to providing this solution with a now completed solar cell design with commercially economic power yield levels along with fixed component QD chemistry and plan to commence production of solar cells via a continuous, rapid feed flexographic based printing process as soon as the manufacturing facility in Assam is up and running,” Squires continued. “Now that we have received this initial funding the next step is providing two large scale quantum dot reactors to establish QD production at the India facility to support the solar cell print line which we expect to receive a purchase order for this equipment in the next few weeks along with an 80% upfront payment. You can expect a series of announcements regarding this venture over the next 6 to 12 months in the form of interim updates and we look forward to sharing the progress of this exciting and forward-thinking project with all shareholders as it unfolds."
“As India represents one of the largest renewable energy and consumer electronics markets in the world, our partnership with Amtronics CC is an important step in expanding the value of the QMC franchise globally. This partnership will allow us to address global challenges such as rising energy costs, energy security, increasing power consumption and environmental quality on a more rapid basis,” Squires concluded.
About Quantum Materials Corp
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com
About Amtronics CC
Amtronics CC, headed by Dr. George Anthony Balchin, has decades of experience throughout the Middle East and Asia developing and managing infrastructure and commercial construction projects with deep operational expertise. Assam Electronics Development Corporation Ltd (AMTRON) ,which is the State-owned Public Sector Undertaking of the Government headed by M.K.Yadava, is an Indian government owned enterprise devoted to advancing emerging electronics technologies that lead to creating new industries and employment opportunities in Assam India. Qamronics India PVT is the joint venture formed by Amtronics CC and AMTRON
For the production of quantum dots and solar cells, with operations based in Assam Republic of India. https://amtronicsindia.com/
QUANTUM MATERIALS CORP CONTACTS:
Toshi Ando
Sr. Director of Business Development for Asia/Pacific
510.300.4021
toshi@qmcdots.com
INVESTOR RELATIONS:
Clay Chase
619 917-6771
cchase100@yahoo.com
MEDIA
Rich Schineller
941.780.8100
rich@prmgt.com
http://www.globenewswire.com/news-release/2019/03/19/1756857/0/en/Quantum-Materials-Corp-Receives-Initial-License-Fee-for-Large-Scale-Quantum-Dot-Production-in-Assam-India-New-Facility-Construction-in-Progress.html
I-Box https://investorshub.advfn.com/boards/show_ibox.aspx?boardid=15185
Thank you Solar, that is indeed awesome news for QMC and shareholders.
Quantum Materials Corp Receives Initial License Fee for Large Scale Quantum Dot Production in Assam India- New Facility Construction in Progress.
March 19, 2019 07:00 ET | Source: Quantum Materials Corp
QMC has received an initial $500K upfront payment for license "right of use" of QMC Intellectual Property for development, manufacture and commercialization of quantum dots to Amtronics CC in Assam, India to support end-use products in thin-film quantum dot solar cells (QDSC), solid-state LED lighting (SSL) and state of the art display applications. Construction has commenced on the new 120,000 sq. ft. facility with ground pilings being laid and NDT testing underway.
San Marcos Texas, March 19, 2019 (GLOBE NEWSWIRE) -- Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp (OTCQB: QTMM) announced today that it has received an initial $500K along with confirmation that the $500K balance payment is in process as part of the upfront license fee for the License and Development Agreement consummated with Amtronics CC. The license is the foundation for the establishment of large scale, low cost quantum dot production for the development and future commercial manufacture of: ultra-high definition display panels (UHDTV); solid state lighting (SSL) LED's; and quantum dot driven thin-film solar cells (QDSC) in Assam, India.
The Agreement provides Amtronics CC with the right to manufacture quantum dots and thin-film quantum dot solar cells for commercial supply in India, as well as the right to use the QDX™ trademark and technical data to support its marketing initiatives. Under the terms of the Agreement, in addition to the upfront license fee, QMC will also receive technology development funding, scheduled milestone payments and royalties on all quantum dots/solar cells produced.
Initial construction has begun with the foundation test pilings now being completed and non-destructive testing now underway. The initially proposed 12,000 square foot facility has been expanded to cover 120,000 square feet and is anticipated to be completed in the fourth calendar quarter of 2019. The QMC nanotech-focused facility is being established as the anchor project within the recently announced Electronics Manufacturing Cluster in the Guwahati Tech City.
"We are extremely pleased to share this news and view this initial license fee payment as a watershed moment for Quantum Materials Corp and our shareholders,” stated Stephen B. Squires, President and CEO of Quantum Materials Corp. “The delay in processing of the upfront license fee was largely an unintended consequence of expanding the project scope from the initial $20M to the now proposed $70M. With this payment now in place we are ready to move aggressively forward on this exciting new venture with our license partners Amtronics CC and AMTRON to bring the incredible power of quantum dots and the products they can make better to the India marketplace. This initial license payment is the culmination of many hundreds of hours of work by both ourselves and our partners’ staffs to bring to life our shared vision of developing large scale quantum dot production and associated downstream products in the solar, display and lighting sectors. While this project envisions both display and solid state lighting products, the initial focus of this venture is for the establishment of domestically produced thin film, quantum dot based solar panels.”
“The Indian government has made a priority of putting in place multi-hundred gigawatt levels of renewable energy sources by the year 2025, of which a large percentage of that power generation is slated to be provided by solar. We believe that thin-film quantum dot solar is the best candidate for filling this mandated initiative due to its low capex and opex cost when compared to traditional PV/silicon based solar especially given the fact that India has placed a huge premium on domestically sourced goods as part of their "Make in India" program to promote domestic industries. To that end we have laid out a very comprehensive roadmap to providing this solution with a now completed solar cell design with commercially economic power yield levels along with fixed component QD chemistry and plan to commence production of solar cells via a continuous, rapid feed flexographic based printing process as soon as the manufacturing facility in Assam is up and running,” Squires continued. “Now that we have received this initial funding the next step is providing two large scale quantum dot reactors to establish QD production at the India facility to support the solar cell print line which we expect to receive a purchase order for this equipment in the next few weeks along with an 80% upfront payment. You can expect a series of announcements regarding this venture over the next 6 to 12 months in the form of interim updates and we look forward to sharing the progress of this exciting and forward-thinking project with all shareholders as it unfolds."
“As India represents one of the largest renewable energy and consumer electronics markets in the world, our partnership with Amtronics CC is an important step in expanding the value of the QMC franchise globally. This partnership will allow us to address global challenges such as rising energy costs, energy security, increasing power consumption and environmental quality on a more rapid basis,” Squires concluded.
About Quantum Materials Corp
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com
About Amtronics CC
Amtronics CC, headed by Dr. George Anthony Balchin, has decades of experience throughout the Middle East and Asia developing and managing infrastructure and commercial construction projects with deep operational expertise. Assam Electronics Development Corporation Ltd (AMTRON) ,which is the State-owned Public Sector Undertaking of the Government headed by M.K.Yadava, is an Indian government owned enterprise devoted to advancing emerging electronics technologies that lead to creating new industries and employment opportunities in Assam India. Qamronics India PVT is the joint venture formed by Amtronics CC and AMTRON
For the production of quantum dots and solar cells, with operations based in Assam Republic of India. https://amtronicsindia.com/
QUANTUM MATERIALS CORP CONTACTS:
Toshi Ando
Sr. Director of Business Development for Asia/Pacific
510.300.4021
toshi@qmcdots.com
INVESTOR RELATIONS:
Clay Chase
619 917-6771
cchase100@yahoo.com
MEDIA
Rich Schineller
941.780.8100
rich@prmgt.com
http://www.globenewswire.com/news-release/2019/03/19/1756857/0/en/Quantum-Materials-Corp-Receives-Initial-License-Fee-for-Large-Scale-Quantum-Dot-Production-in-Assam-India-New-Facility-Construction-in-Progress.html
On Watch $GDET Looking to Add For Next Week --
One of the few stocks, a US Regional bank stock with a very low relative risk and significant up side potential right now. Just blew out the earnings report. Could break out past $40, last years high, and run for $50 this year if there are no miss fires?
30-45% upside? Trading at $30.
Hit $40 a year ago just before a bad quarter. PE fell from about 30 to 18 last year during the sell off. This weeks quarterly just turned the 4 quarter PE from about 18 to about 6-7..
The PE was around 35 when it hit its last time all time high of $40 12 months ago.
They just closed on buying and taking over a bunch of WellsFargo bank locations, as the FED/Regulators are forcing Wellsfargo to downsize it for being a bad bank and screwing customers in recent years.
https://ih.advfn.com/stock-market/NYSE/flagstar-bancorp-FBC/stock-news/79093298/flagstar-reports-fourth-quarter-2018-net-income-of
I am already long. I may buy more.
I don't see much downside however the up side for share price and revenues looks extremely good 2019 and beyond. India picked QMC and rightly so they have had the Continuous Flow down for many years and have continued to innovate and improve their efficiency in Displays QDLED, Solar, Lighting. This should be in your portfolio especially at these gift prices.
QTMM has indeed made lots of progress and held steady price wise for years now, ignoring wild swings up and down in the markets. Thanks for keeping us updated!!
Quantum Material's Advancements & India Collaboration 2018
Seriously Mike Looking Like QTMM will have a Monster Year in 2019
We are still relatively unknown and do not get the recognition for advancements that have been forthcoming.
We have had Gamechanging announcements in the Display and Solar arena and the India Announcement with Royalties and Licensing Agreement with a Government backed entity for Displays Solar and Lighting is huge.
Quantum Materials Corp Achieves Industry Leading 91% Rec2020 Color Gamut Performance with Remote Phosphor "On-chip" Quantum Dot Technology
https://www.nasdaq.com/press-release/quantum-materials-corp-to-establish-large-scale-quantum-dot-production-in-assam-india-via-license-20181119-00599
Quantum Materials Corp Announces Capability to Mass Produce High Performance, Low Cost Perovskite Quantum Dots - Paving the way for Next Generation Solar and Display Applications Incorporating PQD Materials
http://globenewswire.com/news-release/2018/09/18/1572510/0/en/Quantum-Materials-Corp-Announces-Capability-to-Mass-Produce-High-Performance-Low-Cost-Perovskite-Quantum-Dots-Paving-the-way-for-Next-Generation-Solar-and-Display-Applications-Inco.html
Quantum Materials Corp to Establish Large Scale Quantum Dot Production in Assam India via License and Development Agreement with Amtronics CC.
https://www.nasdaq.com/press-release/quantum-materials-corp-to-establish-large-scale-quantum-dot-production-in-assam-india-via-license-20181119-00599
Looking forward to 2019 (when revenue starts flowing) and finding some powder to buy more at this ridiculous low share price.
http://www.thenorthlines.com/future-of-tv-market-in-india/
$BTHO is gathering some hype with the smell in the air.
Seems like something smells funny around BTHO
$$$$$$$$
Land coming
$SMAK has a lot of buzz floating around. Could be a MMJ mixed in
$TIHO is gonna loosen up and show us where the money is at
$PHAQ is about ready to explode
Line up to get dumped on
$$$$$
I hope it works out. I too have high hopes for SGSI OPXS IFUS and STLT.
Happy Holidays folks!
Revenue should start flowing in 2019. Im still holding well into the 2020's
As always Solar Express, thanks for keeping us updated on major news on QMC.
QMC is doing a countersuit for 100M the hassle they put Steve thru and has one of the best power attorney in the states.
http://icrowdnewswire.com/2018/10/17/minns-arnett-file-lawsuit-against-kl-gates-alleging-malpractice-and-breach-of-fiduciary-duty-on-behalf-of-quantum-materials-inc/
Tel Hal44 the India adventure which is endorsed by the Indian Government looks like the real deal. They are also back on the OTC-QB. Good time to work your way back into QMC investment wise
Amtron is the official Assam Govt organization to carry out the Tech City plan, build and operate. QMC licenced to Amtronics CC who is working with Amtron.
From the https://amtronicsindia.com/ website:
Qamronics India PVT is the joint venture formed by Amtronics and Assam Electronics Development Corporation Ltd, (AMTRON) which is the State-owned Public Sector Undertaking of the Government headed by M.K.Yadava. AMTRON is devoted to advancing emerging electronics technologies that lead to creating new industries and employment opportunities in Assam India, with operations based in Assam Republic of India.
Qamronics India PVT has been established to manufacture quantum dot semiconductors and quantum dot thin film solar cells using patented technologies licensed from Quantum Materials Corp USA.
MERCOM produces weekly research news on solar and renewables, and batteries and energy storage, and other business intelligence and analysis. https://mercomindia.com/thin-film-solar-cells-manufacturing-facility-assam/
Tech City to be completed by January 2019 & Further Details which will create 8000 Jobs
http://www.assamtribune.com/scripts/detailsnew.asp?id=mar0818/at064
Awesome news indeed. Any news on the lawsuit with their ex-? law firm?
Hal44 liked the news
QTMM Signed Licensing & Royalties Deal/Quantum Materials Corp to Establish Large Scale Quantum Dot Production in Assam India via License and Development Agreement with Amtronics CC.
QMC grants a "right of use" of QMC Intellectual Property for development, manufacture and commercialization of quantum dots to Amtronics CC in Assam India to support end-use products in thin-film quantum dot solar cells (QDSC), solid-state LED lighting (SSL) and state of the art display applications
In addition to an upfront license fee, QMC is to receive milestone payments, royalties, and will in-turn provide via sale the requisite proprietary production and support equipment.
San Marcos Texas, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp, (OTCQB: QTMM) announced today that it has signed a License and Development Agreement with Amtronics CC to allow for the establishment of large scale, low cost quantum dot production for the development and future commercial manufacture of: ultra-high definition display panels (UHDTV); solid state lighting (SSL) LED's; and quantum dot driven thin-film solar cells (QDSC).
The Agreement provides Amtronics CC with the right to manufacture quantum dots and thin-film quantum dot solar cells for commercial supply in India, as well as the right to use the QDXTM trademark and technical data to support its marketing initiatives. Under the terms of the Agreement, QMC receives an immediate upfront license fee of US$1,000,000 in addition to technology development funding, scheduled milestone payments and royalties on all quantum dots/solar cells produced. The 12,000 square feet nanotech-focused facility is being established as the anchor project within the recently announced Electronics Manufacturing Cluster in the Guwahati Tech City.
Stephen B. Squires, President and CEO of Quantum Materials Corp. stated "We are extremely pleased to partner with Amtronics CC and Amtron as they establish the necessary infrastructure to support large scale thin-film, quantum dot based solar cell production in Assam India using QMC patented technologies. India has announced an ambitious target of achieving 175 GW's (gigawatts) of renewable energy installed capacity by 2022 and this challenge represents a tremendous opportunity for the deployment of our advanced nano-materials and thin-film quantum dot solar technologies which have the potential to be produced much more cheaply in terms of initial capex and opex than traditional silicon based solar cells. India's recent implementation of tariffs applied to imported solar photovoltaic's creates an ideal opportunity to establish QMC's next generation thin-film photovoltaic's for broad adoption in the region. I am highly confident that our technologies will help India fulfill its goal to deploy low cost renewables as a significant step toward energy independence"
M. K. Yadava IFS, Managing Director of AMTRON stated "We are very pleased that QMC and AMTRON (Assam Electronics Development Corporation Ltd) have joined together in this timely venture to create a state-of-the-art quantum dot manufacturing facility within the newly established Guwahati Tech City. AMTRON is a State-owned public sector undertaking of the government and is providing the necessary bank guarantees to move this project to completion."
The Honorable Minister IT Mr. Keshab Mahanta added "We are happy to report that all the preparatory work has been completed, and we are now ready to commence construction of the project. My Government, under the leadership of our Honorable Chief Minister Mr. Sarbananda Sonowal welcomes Quantum Materials Corp with open arms. This timely project has full government support through a number of key policy incentives and subsidies.
Dr. George Anthony Balchin, Managing Director of Amtronics CC added, “We are pleased to be involved and provide the initial US $20,000,000 in funding for this enterprise and are anxious to see these extraordinary technologies deployed in a region that will benefit from both the end product as well as the significant potential for job creation. The initial capital infusion will be used to build out the facility, purchase all the production and process equipment, including the micro reactors, train the staff and provide the initial working capital. It is very rare and rewarding to be involved with a project that is the culmination of a group of like-minded individuals striving for a common goal that has so much potential to enhance the lives of so many.”
Commenting further QMC CEO Squires stated: "As India represents one of the largest renewable energy and consumer electronics markets in the world, our partnership with Amtronics CC is an important step in expanding the value of the QMC franchise globally. This partnership will allow us to address global challenges such as rising energy costs, energy security, increasing power consumption and environmental quality on a more rapid basis.
ABOUT QUANTUM MATERIALS CORP.
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com
About Amtronics CC
Amtronics CC, headed by Dr. George Anthony Balchin, has decades of experience throughout the Middle East and Asia developing and managing infrastructure and commercial construction projects with deep operational expertise. Assam Electronics Development Corporation Ltd (AMTRON) ,which is the State-owned Public Sector Undertaking of the Government headed by M.K.Yadava, is an Indian government owned enterprise devoted to advancing emerging electronics technologies that lead to creating new industries and employment opportunities in Assam India. Qamronics India PVT is the joint venture formed by Amtronics CC and AMTRON
For the production of quantum dots and solar cells, with operations based in Assam Republic of India. https://amtronicsindia.com/
QUANTUM MATERIALS CORP CONTACTS:
Toshi Ando
Sr. Director of Business Development for Asia/Pacific
510.300.4021
toshi@qmcdots.com
INVESTOR RELATIONS:
Clay Chase / SD Torrey Hills Capital
858.456.7300
cc@sdthc.com
http://www.globenewswire.com/news-release/2018/11/19/1653771/0/en/Quantum-Materials-Corp-to-Establish-Large-Scale-Quantum-Dot-Production-in-Assam-India-viNovember 19, 2018 09:12 ET | Source: Quantum Materials Corp
Awesome news, thanks for keeping us updated on QTMM news!!!
Lots of eyes on SGSI waiting for a major 10-Q release due in 8 days.
Other possible major news is pending as well.
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