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Someone went in the past 12 months from what I recall, but I don’t recall who that was.
Tell me about it. Takes me months to get through the bid process for construction.
I’m satisfied that they have already awarded construction for completion in July and are now tendering the roads.
Looks like steady commercial progress to me.
I did find this open tender for roads in the tech city.
https://www.tenderdetail.com/Indian-Tenders/TenderNotice/19779949/BD323F9CEBAD0E61446D3511F2C1EA15
This is the construction award to Shree Gautam Construction.
https://www.indiaprojectsnews.in/orders-bagged/shree-gautam-construction-wins-civil-construction-order-in-assam-2768560
Don’t think anyone has photos yet. Last article I saw said the construction contract was awarded in January and was expected to complete in 6 months.
Not sure as to entire scope of that contact, but 6 months is reasonable for at least a couple office buildings today.
We crank our reinforced security structures in only a few months at my company. A commercial business structures of only a couple stories tall shouldn’t take much longer depending on size.
I assume given it’s only 1.5 months since contract award that there’s likely little to photograph other than excavation and infrastructure installation (water, sewage, etc).
Lol! True enough. I’m still waiting for the ball to drop and to lose my bet.
You’re clearly still at the table talking to all the players and complaining about losing.
If you really think that, why on earth wouldn't you sell and keep the $20k that you have left? An 80% loss is better than loosing 100% of $100k.
QMCs current share price clearly supports enough volume to salvage the remaining value.
Not sure what the decision was, but one was made in the Kansas case on the "motion to dismiss." Case still shows "PENDING" status, so I guess motion to dismiss was denied?
03/08/2019 FILE STAMP 03/08/19, MEMORANDUM DECISION (MOTION TO DISMISS)
http://www.jococourts.org/CivRoa.aspx
case: 17CV06093
January 10 for contract article with 6 month scheduled completion is July.
That's quite the argument to win! Not impossible, but a tall hill to climb.
I'm sure there is precedence for the judges ruling to deny the request for dismissal. But, new arguments about constitutionality of state laws is always popping up these days.
It'll be interesting to read their arguments at the end of the month. The good thing about the appeals court is that they post all documents for public viewing for these cases. At least they did it for the last case.
That's a notice that the appeal has been filed.
They are expected to file documents by 3/25 per the 3rd court website.
Couple other items and the previous denied dismissal.
02/13/2019 Order of Dismissal Denied by Judge Boyer
03/04/2019 Notice of Appeal K&L Gates LLP's Notice of Accelerated Appeal
03/04/2019 Request Defendant K&L Gates LLP's Request for the Reporter's Record
03/04/2019 Counter Claim Defendant K&L Gates LLP's Original Counterclaim
03/04/2019 Request Defendant K&L Gates LLP's Request for the Clerk's Record
QMC doesn’t have cash flow to be a sponsor and they could spend money better than that. Hopefully one of the OEMs finally has product with QDX inside.
Squeezed Quantum Dots Produce More Stable Light
Exploiting a strain-engineering approach could provide nanoscale light sources with a nonfluctuating emission wavelength for use in sensors, quantum communication, and imaging.
Novel colloidal quantum dots are formed from an emitting cadmium selenium (CdSe) core (red) enclosed into a shell (green) where the fraction of zinc (Zn) versus cadmium (Cd) increases toward the dot's periphery. The core is compressed (lines) more strongly perpendicular to the crystal axis than along it. This leads to modifications of the core’s electronic structure, which beneficially affects its light-emission properties.
The Science
Tiny light sources could advance sensors, quantum communication, bioimaging, and medical diagnostic tools. To develop these nano light bulbs, researchers are looking to quantum dots, little bits of semiconducting materials. One problem with “standard” quantum dots, though, is that the emitted light isn’t stable. Researchers have made progress in finding ways to reduce blinking in light emission intensity but other aspects of light emission such a color still fluctuate. In this study, by squeezing the emitting core during synthesis, researchers created dots that emit extraordinarily stable light that’s well suited for scientific needs.
The Impact
This study points to the potential of a new method of quantum dot synthesis. Essentially, by squeezing, this method creates quantum dots that produce highly stable light. Also, this method could offer flexible modification and control of light-emitting properties. The strained dots represent a viable alternative to today’s nanoscale light sources. The dots could lead to advances in single particle nanoscale light sources for use in optical quantum circuits, ultra-high-resolution sensors, and medical nanomarkers.
Summary
Modern synthesis techniques produce nearly ideal quantum-dot light emitters, which are used in quantum-dot displays and TV sets. But what if a single quantum dot could be a light source? These tiny light bulbs could benefit optical quantum circuits, ultrasensitive sensors, bioimaging tools, and medical diagnostics. To create such single-particle light sources, researchers need highly stable quantum dots that don’t blink and have stable and controllable emission color. A team based at Los Alamos National Laboratory did just that. They devised a way to create quantum dots that don’t blink with stable emission spectra by “squeezing” the emitting core of the dot during synthesis. Their strain-engineering approach modifies the structures of electronic states of a quantum dot and, thereby, its light-emitting properties. The resulting dots emit steady light and have a dramatic narrowing of the emission linewidth, which becomes smaller than the room-temperature thermal energy. The spectral stability achieved is comparable to that of tiny light emitters made via sophisticated, vacuum-based techniques. This suggests that colloidal quantum dots synthesized through strain engineering represent a viable alternative to presently employed nanoscale light sources. In addition to exhibiting comparable (or even improved) performance, these dots could offer unprecedented flexibility in manipulating their emission color combined with compatibility with virtually any substrate or embedding medium as well as various chemical and biological environments.
https://science.energy.gov/bes/highlights/2019/bes-2019-03-b/
I’ve no clue as to the basis of your claim of a public debut in Las Vegas. Comments like this do not lend to credibility.
Squires said they were showing a new display based on remote phosphor qdled in February and I assume it was aim San Marcos and is already done. I don’t think they’ll be some kind of public debut unless the OEM likes it and shows a prototype at Display Week 2019, May 14-16.
Looking at the share amounts, it corresponds to the $350,000 promissory note section for December 2018. That's a hefty investment from a partner at this juncture of the licensing deal. If they execute the warrants, it's another $200,000.
I don't recall discussion. But I like it. At least they have skin in the game as a business partner.
Or, maybe one the investor (potentially one that is suing QMC) had tried to thrash the share price since we haven’t had new investor interest.
Let me balance this discussion a bit. For my current project, I've been promised release for funding for months now. I just saw the draft release last week after about 3 months of telling us they were going to get it to us by November.
Contract dates and verbal promises are great, but when it comes down to doing business, things don't always follow expected dates. Things are not a rigid as some would like. Contracts are malleable. They bend and mold to the supplier's and client's needs.
Do you get mad at your client? Not typically, because it's about client relations. You want to continue doing business with them. You don't give them ultimatums, unless you'd like to not have future business. You listen to why they are delayed and offer to assist the process in anyway possible to help expedite the paperwork.
Do I agree that it looks bad for QMC because of so many other failed deals, like Freschfield? Yes, I do. Do I believe the deal fell apart? Not at all, there is too much India press on this deal for it to not be legit. It's just apparently taking time to get funds released from the government and transferred through the various parties involved and into QMC's bank account. It could be there now for all we know and QMC just hasn't had time to put out a PR for it or they are holding off for something else to PR with it. We were told they were showing new display tech this month. Maybe they wanted to conclude the meetings with those potential clients and then roll out a PR for it all. If they were meeting with client's the last 2 weeks, they may be hard pressed to get a PR out while those meetings are on going.
When I'm with client's, I get very little administrative work done. It's all meetings and long days, usually ending with dinner with the client.
Even if someone has talked with Steve or someone at QMC. It would have to be confidential info, insider info, and they wouldn’t be able to talk about it publicly.
Actually, they wouldn’t have to announce receiving the revenue, but it’d be a good thing for the share price
As someone else pointed out, the reactor order/payment was expected as well. Maybe that payment was in process as well and they decided to wait for all funds to be received and simply announce them in one PR.
We could give a number of other reasons for the delay in announcement, but why.
It is what it is. I don't like that we went down about 50% since the deal was announced. I think it should be headed in the other direction, but clearly we haven't attracted new investors yet. Maybe the revenue being received will do that.
They have time to announce.
Except that even at 3 million volume, it's less than $75,000 traded. This is chump change and easily manipulated if someone wanted to do so.
Won’t know. Simply stating that India is ripe with new technology collaborations for Amtron‘s new tech park and QMC’s reactor production process.
These are likely potential collaborations for QMC/Amtronics in India.
https://www.linkedin.com/feed/update/urn:li:activity:6502559661248569344
QMC has demonstrated the know how to make many types of nano particles. If they can continue to improve the performance under partner IP, then their method is the true value.
We’ll have to wait and see what happens in the final ruling. If QMC wins or settles, there is likely room for some of us to file suit.
I’m in. I sold a lot of shares this past year to fund QMC with a private placement.
That would be nice. They likely did sell shares since the law suit and likely helped drive down share price to where we are today.
I think the only outcome of a win will be that QMC gets reimbursed all costs for defending the case.
Nice! Not dismissed. 1 QMC 0 K&L Gates
I don’t think they are waiting on anything other than approval processes and transfer of money from Assam to Amtronics to QMC.
They’re dealing with a government entity which I assume takes extra time to process things like the US government.
Well, they paid less than $600k for the first.
Also, the $1 million up front is all revenue beyond O&M cost for solidifying the deal.
Ok. So the amount is likely closer to $2 million instead of $2.6. It’s still a nice chunk of change and operating margin for QMC for the next 4-6 months.
Hopefully new deals are being finalized to increase the revenue this year.
I suspect dilution is about done. Even Carson gave QMC to March to get funds to pay them off. That shows some confidence in QMC to receive payment. Otherwise, why would Carson extend and not just consider it in full default?
To pull together some projections from the shareholder update and the agreement attached to the 10Q, QMC should have about $3.6 million in cash this quarter, see below.
1) $1 million from signing of the licensing agreement - expected 2/20/19
2) "Within no later than 120 days of execution of this agreement licensee will place purchase orders and pay deposits on the purchase of the initial lab equipment to include but not be limited to the Schlenk lines, Micro reactors and support equipment."
The revenue for #2 milestone is listed as $3,250,000 in the 10Q (page 40). From the shareholder letter, Squires said that 80% (about $2,600,000) of this equipment milestone was to be paid upon order. If the order is in February as stated in shareholder letter, the cash should be in hand 30 days later (listed in agreement, payment 30 days after invoice).
We therefore could assume that QMC will have a large portion of the $3.6 million as profit after paying for reactor equipment orders. That amount could be used to retire debt and sustain operations for 4-6 months without further dilution.
It is nice to be able to read the agreement even with the redacted commercially sensitive info.
Just saying, if I'm accepting a penalty for not meeting a certain efficiency, I'd want to make sure we already exceeded 15% in the lab model. Then you just have to be confident that we can scale up to production level and maintain the 15% or greater efficiency.
And here's why Samsung and Nanosys are talking about a hybrid OLED/QLED.
Looks like they've got a ways to go on blue qdot lifetime when used as electroluminescent QLED. This is a good read.