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Thanks Bill for that commentary.Following leading companies like the ones mentioned in the article is a good business model for QMC ASIA.The largest domestic market in the world to do business in makes it all the more intriguing.
I think we can put the QDV thing to bed with that post.If you look at the suit, Nanosys especially does not want their (QDV) inferior edge lit qd on the market.Nanosys claimed it is giving qd tech a bad reputation as a new product for displays.Thanks Jamis for the additional info.We now have cleared up some facts that were being questioned about MKM,QDV,we can't produce cad free,iridium vs indium etc etc.What's next for debate while we are waiting for news.I'm game !
On the Nanoco front they have a web cast on on Monday that should tell us more where they are in this industry at this time.Their SP has slipped over the last few weeks and even more if you are a foreign investor because of the drop in the pound.Speculation is they will need to fund raise soon again.
Lots of turbulence for QD companies at the moment,only Nanosys is on stable ground.I think things will settle into place over the next 6 -12 months as the market demands grow for quantum dots.
I'm not sure why people feel the need to post over and over SS past in where it has no impact on what is going on today.Personally the fact the guy had the determination and will to stand up for his rights despite the odds says a lot to me.Not only did he beat the IRS and WAS NOT FOUND GUILTY but he also set a change in law for everyone else moving forward who would also be unlawfully charged.This company is a lot different than the one started 8 years ago and if we think that is long in developing consider the competitors who have been at this twice as long with only one turning a profit.All industry revolutions started meekly with slow acceptance and struggles along the way and this is no different.I challenge anyone to show me how QMC is out of the race when it comes to CFQDS for display or any other industry using quantum dots.All these technologies are in their infancy and QMC has a good as chance as any to succeed."Haters like to hate" is the saying that comes to mind so I don't think this post will change their minds and they will continue to look at negatives before positives.It must be tough going through life with an attitude like that.
Too afraid to do business in China ? I think not
https://ca.news.yahoo.com/apple-chinese-r-d-center-221106228.html
Why would you find anything on QMA its a private entity?
Chinese production will amount quantum dot material to fill gaps
China Economic Net Beijing May 8 news (reporter Li Wanxiang) May 8 morning, quantum materials (Asia) Co., Ltd. The first working meeting of the Board Beijing Nikko New Century Hotel. The meeting was chaired by the Chairman Mr. Liu. Mr. Stephen Squires founder and president of Quantum Materials Corp. company, Dr. Liu Peng and other members of Directors attended the meeting, some executives to attend the meeting.
It is understood that the meeting made three important decisions. First, with the Nobel Prize of Science and Technology (Beijing) Co., Ltd. to cooperate, invest and build factories in China, producing quantum materials. Second, the establishment of quantum materials applied R & D center in China to promote the application of quantum dots in the display, lighting, solar power, communications and other fields. Thirdly, in order to promote the production and application of quantum materials, the formation of a "quantum Material Industrial Investment Fund", the scale of 5 billion yuan.
Liu introduced quantum materials (Asia) Co., Ltd. registered in Hong Kong by the Hong Kong Science and Technology Co., Ltd. and brilliant American Quantum Materials Corp. (abbreviated QMC) co-financing, each holding a 50% stake. QMC is a North American listed company specializing in the production of quantum dot material, but also the world's most competitive quantum dot material suppliers. Compared with other peers, QMC produce quantum dots do not contain toxic substances - cadmium, and the best quality, lowest cost, the largest output.
Do you mean Indium?
The U.S. producer price for indium began the year at $680 per kilogram and increased to $745 per kilogram in February, where it remained through October. According to market reports, global indium consumption increased slightly in 2014 from that of 2013 to about 1,500 tons.
While Cadmium (Cd) core tetrapod quantum dots are recognized as the best performing QD for many applications and purposes, non-heavy metal quantum dots are more environmentally friendly. QMC is developing and producing prototype Zinc core and Indium core NHM Tetrapod Quantum Dots for this market and believes we will bring performance to equal that of Cadmium in time. Other metals and elements in Group II-VI will be developed for specific purposes based on our projections and client needs. For example, if one metal will reach further into the far infrared, there would be a market for it. What we we will avoid is using REE – rare earth elements, and instead use low cost of earth abundant metals and elements for high performance at reliable economic cost.
Foiled again.. lol
10K take aways
Business Accomplishments
The following outlines the business accomplishments of the Company over the last few years:
? entered into Technology Development Agreement for design and manufacture of fluid tracking nanoparticles;
? implemented Quality Management System (QMS) for QD production to establish ISO readiness;
? hired pioneering scientific and engineering personnel to create world-class technical team;
?
entered into a minority-owned joint venture, Quantum Materials Asia Co., Ltd. with Chinese partner Guanghui Technology Group (“GTG”);
? entered into a funded product development agreement with leading global optical film manufacturer Nitto Denko Corporation;
? entered a joint development agreement with an industry-leading display manufacturer;
? developed and introduced QDX™ Quantum Dots;
?
took delivery and placed into service our second manufacturing unit bringing the Company’s total capacity up to approximately 2,250kg of QDs and other nanoparticles per year;
? developed and began producing both red and green cadmium-free QDs; ( Lets put this one to bed once and for all! )
? implemented high volume production of QDs using patented chemistry and process and proprietary equipment;
4
? established and subsequently twice expanded a laboratory facility for research, development and production in Texas and negotiated a collaboration with Texas State University;
? acquired a foundational patent portfolio from Bayer AG covering high volume production of QDs, including heavy metal free quantum dots, quantum dot enhancement technologies and quantum dot solar cell technologies; and
? licensed key patents from Rice and UA.
In the meantime, we have experienced a significant increase in interest from potential customers in our materials and technologies for other applications such as televisions, displays, and lighting. Management believes that these markets present the best near term opportunities for our exploitation of QDs on a commercial scale. We will continue to pursue the solar cell market along with other uses for QDs and TQDs, but as indicated above, we have implemented a more balanced approach that addresses the potential demand for high performance TQDs in the other emerging markets. See “Major Market Segments” section below.
QMC’s automated continuous process : Unlike the more labor-intensive batch processes described above, we use a continuous manufacturing process to produce QDs and TQDs. This patented process and chemistry provides advantages to other methods such as more precise control of process variables which leads to improved quality control. We believe that by using this method yields are higher and manufacturing costs are lower as compared to other methods. We also believe that we are the only company to successfully deploy continuous flow technology in the large-scale manufacturing of highly uniform QDs of both cadmium-based and cadmium-free chemistry.
Raw materials for the commercial production of QD are purchased in bulk from chemical supply companies. Indium, a component of our cadmium-free QD is considered a “rare metal.” Indium is primarily found in South America, Canada, Australia, China and the Commonwealth of Independent States. There is also a mature and efficient indium recycling process. While our management does not believe that a supply disruption of the indium-containing compounds used in the manufacturing of QDs represents a significant risk, no assurances can be given in this regard.
Current Position
In September 2016, we completed a second expansion of its laboratory space at STAR Park, in San Marcos, Texas in preparation for qualification of production runs of quantum dots for display applications. As part of a broader Quality Management System, the Company has delineated production and research work flows to meet client demands as well as to prepare for optimization or customization of QD compositions. The expansion also allows for additional production capacity to meet expected QD demand.
Widespread, rapid adoption of quantum dots by the display or other markets may cause supply pressure that can only be met with significant increases in available production capability. While we believe our current manufacturing capacity of approximately 2 metric tons per year is about the same as our largest competitors, we also have established plans to be able to increase our manufacturing capacity with very short lead times and minimized facilities requirements. This is anticipated to be a key advantage to the Company to meet market demand and drive increased revenue.
The advantages and benefits of our automated production are:
? large scale production with a compact footprint;
? less manpower and time needed for cost savings;
? economies of scale leading to lower costs;
? high production yield with little post-processing;
? improved quality control for higher uniformity; and
? assurance of backup systems for continuous supply.
Sales and Marketing Overview
During the past year, we have made progress in the development of QDs for use in electronic display applications, in particular for LCD TV applications. With a focus on cadmium free QDs, we have been developing technologies aimed at meeting key customer requirements, and we have been shipping samples of products to customers for evaluation and testing.
Our discussions with current and potential new customers in the display industry confirm that the market opportunity is substantial and our business plan is aligned with the customers’ product specification needs. Beyond electronic displays, we see opportunities for applications in oil & natural gas production, solar, life sciences, and anti-counterfeiting sectors. In addition to customers in the electronic components industry, we have recently shipped sample products to a customer in the oil & natural gas industry.
We believe that our advantages in delivery of high quality, high performance QDs and other nanomaterials, its patented continuous production techniques, and its licensed screen printing techniques, make it an attractive supplier to these markets.
Operational Overview
Our operations are located in San Marcos, Texas at the Star Park Technology Center, an extension of Texas State University (“TSU”). This location provides us with space for future expansion and with convenient access to TSU faculty and specialized laboratory facilities and equipment that can support joint research and development efforts with Texas State University. Located 30 miles south of Austin, Texas, the San Marcos facility is also in close proximity to a number of leading companies in the electronics, lighting, solar, and life sciences markets.
We have acquired commercial-scale continuous manufacturing equipment at the San Marcos facility and now have the capacity to produce more than two metric tons (2,000kg) per year of nanomaterials for supply to its customers. Management believes that the production capacity of the San Marcos facility is similar to, or greater than its largest competitors’ factories which are much larger and require significantly larger capital expenditures. This efficiency is the direct result of our patented continuous flow process and proprietary manufacturing knowhow and equipment. While we plan to work extensively with its current provider of equipment, we own all rights to the designs and intellectual property resulting from the development project, and could contract with one or more other competent suppliers of equipment or build the manufacturing equipment in-house, if necessary.
We expect to commence generating revenues from the production of materials at the San Marcos facility in early 2017. Such revenues are expected to be modest at first and will be dependent upon our ability to generate purchase orders from development partners.
Our ongoing research and development functions are considered key to maintaining and enhancing our competitive position in the growing nanomaterials and QD market. Nanomaterials and QD technology continue to evolve, with new discoveries and refinements being made on an ongoing basis. We intend to be at the forefront of technological development, and will focus a significant part of our efforts on this, as it has done historically. Continuing R&D activities at the San Marcos facility and our collaboration with Texas State University, Rice, University of Arizona, and the numerous other research centers and departments with which we have relationships will be important aspects of the Company’s strategy.
Our key assets include patents, proprietary high volume process equipment technology, licenses and other intellectual property rights, its knowhow and the expertise, capabilities, and relationships brought to the Company by its management team. We will continue to build out our intellectual property portfolio and licensing rights.
Solar Energy . QDs are capable of producing energy from a broad spectrum of solar and radiant energy, including the ultraviolet and infrared frequencies conventional silicon solar cells generally do not convert to electricity. QD solar cells have conversion potentials of approximately twice that of conventional solar cells, and applications are being developed to “print” highly efficient photovoltaic solar cells in mass quantities at low cost. Management believes that QD solar cells and panels will be the next evolutionary development in the field of solar energy and that commercialization will begin in 2017.
Bayer Patents
In 2014, we acquired several patents and patent applications in five diverse sets of patent families from Bayer Technology Services GmbH, the global technological backbone and major innovation driver for Bayer AG of Leverkusen, Germany (the “Bayer Patents”). The Bayer Patents provide broad intellectual property protection for advances we have achieved in economical high-volume QD manufacturing. In addition, the Bayer Patents cover volume production technology for heavy metal-free QDs and nanoparticles; increasing quantum yields; heavy metal-free QDs; and hybrid organic quantum dot solar cell (“QDSC”) production as well as a surface modification process for increased efficiency of high performance solar cells and printed electronics.
Intellectual Property
The Company also owns additional intellectual property in the form of proprietary equipment designs, trademarks, trade names, copyrights, scientific and technical know-how, and “trade secrets” that it intends to further develop and apply in its business, seeking to protect same with appropriate governmental filings and/or secrecy agreements. See “Risk Factors” section.
Governmental Approvals
Chemical substances manufactured in quantities of 10,000 kilograms or less per year are exempt from full premanufacture notice (“PMN”) review under section 5 of the Toxic Substances Control Act (“TSCA”). Low volume exemption (“LVE”) substances undergo a 30-day review. To date, we have only made small quantities of QDs for research and development. We will file a LVE notice at least 30 days prior to initial commercial manufacture and do not expect any difficulties in receiving an exemption from full PMN review; however no assurances can be given in this regard.
Revenues
During the year ended June 30, 2016, we recognized revenue of $240,835 compared to $0 for the year ended June 30, 2015. Of this amount, $225,000 is a result of the Company entering into a funded product development agreement with a leading global film manufacturer, Nitto Denko Corporation.
Research and Development Expenses
During the year ended June 30, 2016 the Company incurred $305,703 of research and development expenses, an increase of $241,243 from the $64,460 recorded for the year ended June 30, 2015. The primary reasons for the increase are i) costs associated with a sponsored research agreement the Company has in place with Texas State University and ii) expenditures for lab equipment and consumables in the San Marcos facility.
Thanks J. I believe you pointed out that rumor about MKM a bit ago.It truly does show that there are buyers that like the story and the strides the company has made over the past year to have taken up millions of shares.From weak hands to strong hands!
Lol.. I was in the middle of highlighting those remarks by Sri when you posted.As Sri stated the market is waiting for "quality" and "quantity" of cfqds something which he states openly that QMC has currently.Looks like its on our film partner/partners? to provide their services for an end product.Feel we are closing in from his comments and tone of voice.
Exactly true Jamis and J its not for the studied crew here and its free advertisement. If you actually listened he gave key reasons why Nitto is working with QMC, its about the process and pricing.If you can make a film equal or better than whats out there currently and its priced better then you have an avenue for sales.Did anyone think he was about to disclose inside info ? There are only two players at the moment in the display industry, Samsung does not sell film to other OEMs and that leaves just Nanosys.Lots of room for QMC to make an entry with as Sri commented a world leading film manufacturer.Impatient people have sold out and missed runs on tech companys many times.BTW hows Nanocos commercial display products being receieved..we are even with them at the moment as far as a product on the market.
Cmon J dont you know there is only one opinion that really is accepted around here.Free coverage is fine by me, exposure to newbies or potential investors that dont know about qdot tech or QMC is probably where this is aimed at and not at people who have done their dd on qd tech and QMC like the resident experts on this board.Without a PR before this comes out i doubt we hear anything thats inside info or earth shattering .Gotta keep the rules to be cool.One interview does not make or break a company and again, exposure is good
Sort of along the lines of "NO MEANS NO !!!"
I don't recall every seeing so much debate about an interview that hasn't even aired yet.Can't wait to hear the breakdown by the talking heads when it does.I am getting my popcorn and seat ready as I love watching a good comedy.
Completely misleading and skewed data again. Take a look at the volume of shares purchased comparatively, at the higher share price. There are a lot more "poor souls" over at Nanoco. And let's not forget this fund raising that coincided cleverly with the move to the London stock exchange announcement that did nothing for the stock.
Shareholders of Manchester-headquartered Nanoco have backed plans for a £20m placing and a move from AIM to the main market of the London Stock Exchange.
The company's investors approved the proposals at an annual general meeting yesterday (22 April 2015). Following the move, it will place 19 million shares at a price of 105p each.
FACTS about Nanosys:
- They do sell materials that are 100% cadmium free.( so do many companies i.e QMC,Nanoco,Ubiqd,Nanograde,NN-Labs,Crstaplex etc etc etc)
- They sell a range of different material systems that meet different display performance and regulatory requirements, i.e, Cd-based, totally Cd-free, and the HYPERION hybrid.( why carry any cd products when they even claim cad will be fazed out by 2017 )
- All of their next gen projects are based on the CD-free materials.( every manufacturer is going this route as cadmium is being fazed out so this statement doesnt meen much )
- Their QD's in Samsung's TVs are made with zero cadmium.( provide a statement from Samsung stating there is 0% cad in their film. )
Source: My friend at Nanosys. Public info.( provide public info for your FACTS )
P.S.- The problem is when your main source of info is QMC, you don't know what they don't know: ( Amazing what you learn about the competitors when you go to events like CES,Printed electronics etc and the competitors are discussing their tech on and off the floor,you should try it sometime.Perhaps we could meet for a coffee and discuss face to face )
Semi automated batch more costly than flow chemistry..that's what my source told me.Capital costs and operating costs to expand are much more using batch over flow..again my source ; )
lol..great facts.provide the links otherwise its he said she said.
Knowing cadmium is on its way out ( zero content ) why create a product with any in it especially when you state they have a 100% cad free product.
Other companies ?? You mean QDV and Nanosys who have cadmium products.QDV is about to get carved up by Nanosys over their edge lit product ( IP lawsuit ).QDV edge rail monitors just got canned by Phillips.Please, neither of these are public companies that report their earnings and the only other public company one can invest in still has no film product for sale by their partner after receiving 20x the investment of QMC and 15yrs of being in the red.
To close the Nanosys TCL tv issue here is their latest PR including the fact it was the CES 2016 model which I saw on the floor when I was there.
After a selection process of over six months, IFA's "Quantum Dot Technology Gold Award" was awarded to TCL for its new Xclusive X1 QUHD quantum dot TV, the "Q65X1S-CUD".
The new set, first announced at CES 2016, features Quantum Dot technology from Nanosys.
http://www.nanosysinc.com/in-the-news-archive/2016/9/8/tcls-x1-quhd-tv-with-nanosys-quantum-dots-wins-ifas-product-innovation-gold-award
Just the facts ;)
Your bang on with those comments.. Ni ely put
Im quite thankful to QDV Nanosys and now Samsung for blazing the way for qd in displays.Exposure to qd tech in any kind will help move many applications for qd into commercial products.QMC as a key supplier of bulk bespoke qd to many OEMs in many industries will be fine by me.QMC is not a display film producer and never will be as the cost is staggering.Solar film i could see them producing thenselves.See it how you will and if its your opinion and just a guess or a hunch then disclaim it at the end of your post so " new comers" dont get confused or swayed by non factual comments.
If its the same then why put any cadmium in it at all.. They need the cadmium to reach peak wavelengths.Until they are completely cad this discussion can be closed
First admit your post was inncorrect as to totally cad free.
http://www.nanosysinc.com/environment/
Nanosys has also undertaken extensive testing to prove that QDEF is safe both to workers, consumers and the environment. Each sheet of QDEF contains a trace amount of cadmium sealed within an epoxy matrix and contained inside barrier sheet. Under EPA standardized leach testing, no heavy metals were leached. As a result, QDEF requires no special waste handling instructions and can be recycled or disposed in the same manner as other consumer electronics products.
http://www.nanosysinc.com/press-releases-archive/2016/5/23/nanosys-introduces-hyperiontm-quantum-dots-to-unlock-displays-meeting-bt2020-color-with-high-brightness-and-power-efficiency
Hyperion Quantum Dots integrate seamlessly into Nanosys’ current QDEFTM Quantum Dot enhancement film manufacturing process. Nanosys has demonstrated over 90% BT.2020 color gamut using Hyperion Quantum Dots in a sheet of QDEF with cadmium levels below the 100ppm limit established by the RoHS Directive, thereby eliminating the need for an exemption. This is accomplished by combining an entirely cadmium free red Quantum Dot with a green Quantum Dot engineered to have an exceptionally narrow emission spectrum and ultra-low cadmium content.
It depends on the IP you have ( Bayer patents, Rice Patents, etc). the process ( flow chemistry) and your key hires ( Nathan Stott) that might be enough to earn you a spot at the table.I believe having the flow process patents and tech is a leg up when developing new materials over bacth or semi batch.
The tv displayed at ifa was the x1 model the same as shown at CES.I saw, this unit first hand at CES and it was much like Samsungs model on display.Both were impressive.
http://www.prnewswire.com/news-releases/tcl-chooses-nanosys-quantum-dots-for-new-flagship-line-of-premium-ultrahd-hdr-televisions-300198784.html
Especially when at the moment Nanosys is the only game in town as, a supplier through 3m. Samsung is not selling their film to other display manufacturers.A quality fully cad free film by QMCs film partner would be a game changer at the moment.
Correct J .But hey why not throw some here say out there to see if someone bites on it.Cad free material at a cad performance level is a very difficult get and why its taking the time it takes for more than QMC to do so.
Real facts please not guesses.Maybe you could contact the company to verify its cad free film ; ).Strange you would think Nanosys would have PRd that they have a cad free option instead of their "hyperion " product.They recently stated hyperion film would be available later this year for evaluation and 2017 as a product.
Looks like QDV is going to lose to Nanosys over edge rail IP.. Philips stops selling qd monitors
http://www.pcgamesn.com/philips-quantum-dot-oled
The reference to Gates and Jobs were not a comparison to SS if you were not smart enough to guess.The market for computers, and software was in its infancy when Gates and Jobs managed to get the IP much like QD tech is right now hence the comparison. AND Gates and Jobs were no bodies when they did that.
The quantum dot-related patents extend Quantum Materials' ability to synthesize numerous heavy metal-free organic periodic table groups in addition to its own inorganic Group II-VI composites. The company intends to incorporate each patent into its advanced production processes, including high yield InP/ZnS nanocrystals, a heavily researched QD in high demand in optoelectronics.
Yes, they make spherical quantum dots.In fact what some people in the past called waste basket filler, the Bayer patents are seriously loaded with info and some incredible IP that SS quite frankly got a steal on.Some peoples garbage is anothers gold,something Jobs and Gates learned while scooping patents off Xerox and ended up being foundational for their companies.
Read more: Quantum Materials Acquires Bayer Technology Services Quantum Dot Manufacturing and QD Solar Cell Patents
Here's a good article explaining the different ways rgb can be expressed.
http://www.cnet.com/ne
ws/quantum-dots-how-nanocrystals-can-make-lcd-tvs-better/
Another avenue would be to produce a film with red green and blue quantum dots, blue qd's being the more difficult to produce.
Combining proprietary QDX™ technology with the cost-efficiency of automated production ultimately allows for lower display manufacturing costs. QDX™ can lower the need for expensive barrier film that protect quantum dots against oxidation and moisture degradation. Their higher brightness means fewer quantum dots are anticipated to be required to achieve the same level of performance needed, for more cost savings.
If one can produce materials with high peak waves and create purer color no color filter will be required also reducing the costs.
Kinda funny..I think you talk about the $225K more than anyone.
Put into context that Nano has received well over a hundred million in funding, an eight year head start,Dow as a strategic partner for well over 2 years and they still have no commercial film in the market.. So when getting your shorts in a knot about QMC not having a commercial product yet weigh it against a company who has had everything at their disposal and still Nada!
Do you even know what size a test solar cell is ? Its a few cm sq.. Ask Ted Sargeant where his qd solar panel is after 10 million dollars from Kaust and 7 years later.
https://www.google.ca/imgres?imgurl=http%3A%2F%2Fwww.light.utoronto.ca%2Fresized_images%2F940-350-crop-files0_0images0_0banner3.jpg&imgrefurl=http%3A%2F%2Fwww.light.utoronto.ca%2F&docid=nvZq1igKe9Om-M&tbnid=GLCzIc2kGLF_hM%3A&w=940&h=350&client=ms-android-bell-ca&bih=571&biw=360&ved=0ahUKEwiq_dvNke_OAhUY_mMKHSvQBp0QMwhtKEYwRg&iact=mrc&uact=8
BTW solar is DR.J's baby and something he continues to work on.
First QMC is "not" a film producer. Second if QMC wanted to do what Nano did and put out a crappy film that got panned and never turned into a product then that would be sheer stupidity and bad business.Waiting to produce a quality product with the largest optical film maker is better business.Have you ever ran a startup business?
LOL.. investing in any stock is based on speculation!? Best we can do is analyze the facts and come to a reasonable conclusion. Samsung as a client is well within a possibility given past business relationships between Nitto and Samsung
I'm sure everyone at the labs are sitting around playing party games and absolutely zero is going on .