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Could be that they want to license the IP. By the wording of the update, "arguably one of the largest chemical producers," it could be another company. One could argue that BASF was a bigger single entity, thin i know, but per a quick search of the BASF website it doesn't appear that they have QD's to sell. However they do sell display related products...
Right, the hydrogen. I'll never forget my 9th grade science teacher splitting water into hydrogen and oxygen with a dc power supply and a hoffman device then touching the balloon filled with hydrogen to a candle flame...fun stuff.
Maybe we can apply some simple logic and basic science to figure out what's going on with the hydrogen fuel cell aspect of this thing.
First, the basic principle of how hydrogen fuel cells work:
From one of my favorite nerds
From this we know that a hydrogen fuel cell needs hydrogen, oxygen, and somewhere for the water to exit, collect, whatever.
Second, how hydrogen is collected: Hydrogen production
So either the buildings need a hydrogen pipeline (infrastructure that doesn't exist plus this wouldn't be storage of energy generated on site), hydrogen storage on site (this will be hard to put past fire safety officials, large stores of fuel in high occupancy buildings aren't common for a reason), or hydrogen production on site in some sort of recyclable, very tiny, and mostly transparent reaction.
As the smartskinz cross section illustration shows, there's a "Hydrogen Powerflex" layer. To me this indicates they are working with hydrogen within the smartskinz units themselves rather than sending surplus electricity to an independent electrolysis device or other means of hydrogen production for use later in a fuel cell.
So, maybe They're like one of these desktop eco-systems, nothing in, nothing out except electricity. Some highly recyclable reaction. Photocatalytic water splitting might work for hydrogen generation in this application especially being able to tune the light spectrum with QD's. But any way you produce it you then have a wall filled with hydrogen and oxygen just itching to be recombined in an exothermic reaction. God help the occupants when Granny mistakes the accelerator for the brakes. That actually would be the one real reason for polycarbonate as it's ignition point is quite high and it will deform quite a bit before breaking...all the same, i stand by my claim of shenanigans; get your brooms!
If Freschfield can make polycarbonate inherently resistant to UV light, that in and of itself would be a huge source of income.
If Freschfield has created quantum dot solar cells that are worth production, that as well would be a huge source of income.
I remember in elementary school we would have "buttered noodles" on Monday, "Pasta with tomato sauce and meat balls" on Tuesday, "American Chop-suey" on Wednesday, "Chili-mac" on thursday, and just to keep us from revolting, pizza on Friday. That happened once a month. If you can make good money from the base components, you do. Look at GM, Ford, and Chrysler, they all sell crate motors.
Also, are they talking about ultra high speed data transmission pertaining to what the building envelope is doing or are they talking about running the actual IT infrastructure through the building's skin? The latter would certain cut short a few scenes in heist movies...
Why the moon-shot out of the gate? Just laminate the nie-invisible QD solar cells between two sheets of glass. There's plenty of market for that alone and its a means of gaining credibility in the building industry before trying to introduce a material that isn't in use currently on large scale building projects.
The compressive strength of glass is literally an order of magnitude greater than that of polycarbonate. There's a reason glass is the building material of choice for transparent building envelopes, its a better product.
BUY GLASS!!! no, i'm kidding. I just don't like seeing hoopla posing as building science. I wouldn't be surprised to see a payment from Freschfield on the books soon, but i would be surprised if we see a product that is accepted by the building industry from them at all.
Again, I'm not opposed to being proven wrong. If they reveal a physical product, i'll be sure a sample and its documents make it to the SHG lab and the building technologies team. If it does what Freschfield claims, i'll gladly eat crow.
From their "our approach" header
Thank you for entertaining the discussion, and keeping things real as seems to be your M.O.
You have found what i have, that polycarbonate needs a coating to protect it from UV light and that the maximum warranty on such a product is ten years, per our looky-loos.
I'm sure quantum dots could be used to defend polycarbonate against UV light in the form of coating on the exterior, likely by down-shifting the light for use by the inner layer. Could be neat to have a building that glowed blue-violet in the sun, right? People could project images at night on the building with UV light sources, fun stuff.
This would certainly be a more energy efficient way of dealing with the damage UV light incurs on polycarbonate, but i would think the warranty couldn't be more than the current ten years listed by polycarbonate distributors and manufacturers. If better coatings existed, wouldn't they be in use currently without QD's in the mix?
Just adding QDs to the polycarbonate itself would still allow deterioration on the outer surface, yellowing, clouding, thus diminishing the efficiency of the unit's energy production. Not to mention looking heinous.
I would wager that there are three reasons for current warranties on polycarbonate:
1. The barrier coating doesn't block 100% of UV light, thus the material yellows over time but becomes noticeable after 10 years.
2. The abrasive nature of life. For every blemish incurred, UV light will penetrate more and more causing localized yellowing. Just think of the damage a hailstorm could do, then trying to determine the cause of the failure by the time the polycarbonate yellows; it would be a cash cow for my wife's company which does tons of expert testimony for construction litigation.
3.current coatings just dissolve in the weather in ten years to a an unwarrantable state.
If Freschfield had found the solution to UV-proof polycarbonate, they could patent that, make a killing on royalties and self fund thus eliminating the need for this short of thing: https://www.slideshare.net/RebeccaWeld/freschfieldpitchpresv4linvid-161025232540
The first news headline should be "Freschfield" scientists create UV resistant polycarbonate which doesn't require a UV barrier that would render UV light useless to any quantum dot layer.
I'm sure not everyone has blocked me, does no one want to talk about that elephant? That Polycarbonate degrades in UV light, yet Freschfield claims they will use UV light to generate energy with layers that are under the polycarbonate? I'm plenty willing to be proven wrong, but i think it merits discussion. Am i wrong in remembering there being a polymers person or two on this board?
Also, save the PM, i can't respond to them, you can't post here, so it's moot.
Looks like the folks down in San Marcos finally ready that copy of Who Moved My Cheese i sent anonymously...
Ha! What are you, new here? It's easy to say Squires has never missed a goal when you only go back to the ones that still have time left on the clock. To my memory, every Q and K in the last 3-4 years have had "modest revenue" projections that have been missed. Not to say they won't do it this time, but yeah, QMC has missed goals.
One bright-side is that if the 3 year chart is any indicator, this should be ready for a quick pop up. I don't see the head and shoulders some have talked about, but there is a very definite pattern to the long term chart which the China news broke to a degree. I Think there will be news that is perceived to be, if not actually, very valuable before this hits $.08, if i'm wrong i think we're looking at $.06 before the end of the year.
I wouldn't put money on Freschfield. Check out their video(video posted last week here), they claim they will be utilizing UV light via quantum dot solar cells. At 2:18 they show a cross section which has the QD layer buried in their polycarbonate translucent layer. Polycarbonate needs to be shielded to prevent degradation due to UV light. That and there is nothing of them in trade publications all the while most of the google hits on them lead to qtmm or back to themselves.
So here are the possible outcomes i can glean given the public information:
1. They aren't actually going to use UV light and are going to shield the units from it to keep the polycarbonate from yellowing.
2. They are going to utilize UV light causing the entire skin of a building to be a consumable with a limited service life which will look like garbage towards the end of its service life.
3. This isn't even close to being a real product, at least SS can show pictures of non-computer generated product.
As to the press release, they certainly peppered "Apple" in there...
I don't think they have a viable product and i don't think there is any other company with a viable product that meets their claims. They may have a nice theoretical design, like Solterra... Building industry publications would have covered it. There would be write-ups that didn't involve QTMM and weren't published by Freschfield...or Brandrefiner. I hope I'm wrong; how much cooler would the concrete jungles be? The idea of a building envelope powering a building is definitely in the right direction.
Another point of skepticism wrt SmartSkinz (aside from the name), polycarbonate by nature absorbs UV light and degrades in its presence. Either there needs to be a UV screening layer which would prevent it from utilizing UV energy to produce electricity, or it turns yellow. Not to mention potential BPA issues. The potential environmental hazard of enough polycarbonate to skin a building is pretty high imo. Glass is heavy, but buildings aren't race cars or F22 raptors and if you want to use light for energy, you're gonna start with the higher clarity material, glass.
I've been periodically checking in on QMC to see if anything was happening and i found the Freschfield deal. I know a lot of people have their connections and specialties in fields that may relate to quantum dots and or nano-materials, this one falls into my world. Given my relation to the building science industry, i don't think there is a product that does what they claim with smartskinz that is remotely viable.
i'm sure some of it is due to preset stop-loss sales...amateurs.
Hey, thanks by the way.
Many posters seem to like the idea that proxy was killed because over a third of the share holders were grousing on bulletin boards. To me this indicates that they think the company watches the boards, and i agree. I don't ask the questions i ask because i don't do DD. I ask the questions i ask because i can't find the answers. Maybe another board member has some information, or maybe, just maybe QMC will see some of the concerns being raised by investors and address them in an 8k, 10Q, or 10K. Yes, I've called the company, no one has ever answered and honestly what can they tell me that wouldn't be insider information? There are many posters who claim to not care about the day to day share price, yet become very defensive when legitimate questions are asked and often give a non-sequitur or a tongue lashing for a reply. Not being critical of the company for its short comings tells them everything is fine, stay the course. Think of how the now lambasted Sri and crew might still be "driving QMC into the ground" if people hadn't asked the hard questions openly about the proxy. On that note, lets come to grips with the fact that QMC was missing revenue targets long before Sri came along.
That raises another question. If QMC supplies QMA, will QMA pay QMC out of the Chinese investment? Once QMA is paid for the order, will 50% of the profit go back to QMC? Seems like the Chinese would be getting the short end there (doesn't seem a likely outcome). If Chinese are only getting 50% of the profit, will QMA start with a zeroed balance sheet or are the Chinese investors going to be paid back before QMA is considered to be in the black? We're still waiting for a lot of clarifications on the QMA front.
Alright RJDG, you got my attention with a high cut skirt called revenue, but lets see if we can make it through the cross country trip with no radio that is due diligence without hating each other by the second day.
The two reactors in San Marcos have not remotely been brought to capacity, so having 20 more means nothing without the contracts to warrant the EXTRA capacity. Qd's produced via continuous flow have generated how much revenue vs. batch produced? I would be elated if QMC went down to the Home Dope and bought some trashcans to make qd's in them if it made them money. If the solution to the limitations of batch production doesn't make money, is it really a solution?
I understand that Nanoco is the only other publicly traded qd company, but the real company to beat is Nanosys. Their the ones getting paid for their materials and IP. Yeah, yeah, CADMIUM! according to their website they're using cad free red dots and green dots of such a high quality that they don't require RoHS exemption because so little cadmium is present. Many will argue that cadmium will be regulated to zero in the near future, and that's possible, but i will argue that any major company will make the best possible product for the least capital outlay with the best products and methods within current regulations. Funny how when Obama handed down the edicts on fuel economy all of the car companies got their fleet mpg's through the roof almost immediately right?
Hey, good answer woofer. I hadn't thought of the down time between runs. there is still the small 250kg/y reactor as well though...right? First thing i bought after my first deck job was another makita drill/driver kit so the second job went much faster with two people fastening down the decking. Same cost to the client, less time spent by me at one job. Its a pretty intuitive business plan really, use the tools you have to make money, use that income to increase ability to generate...income.
I understand the potential benefits of the QMC method of producing dots, that's why i'm in QTMM, not Nanoco. I think on site production will make a lot of sense when companies are buying dots.
Sure, production in China would be great, but not going into the situation with hat in hand. The Chinese government and GTG invest (risk) money in QMA, what is QTMM investing (risking) in QMA? Their IP.
There's no reason the current San Marcos facility wouldn't be able generate revenues that would allow QMC to start production in China and own more than 25% of the company in a reasonable amount of time...if anybody wants the dots they can make. If QMC put up half the funds and owned 50% of the venture it'd seem a lot more secure.
We are all subject to cognitive dissonance, understanding that is half the battle in getting over it.
I'll ask you this directly, again: Lineman, why, given that QMC can produce 2000kg/y of the best dots that no one is currently buying, does it make sense to make two more production sites to increase the capacity to make dots no one is buying to only receive 50% of the net profit should those dots sell?
“Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering." I would never wager (invest) what i was afraid to lose.
I bought here years ago because i believe quantum dots stand to make people a lot of money, and i thought QMC was in the business of selling dots. To be clear, i have sold a large part of my QTMM holdings for a profit. If QMC goes as high as some here predict (one booster said i should be thinking bigger than TSLA), i'll have more than enough left over.
I just don't understand why people think QMC needs China if the currently installed reactors are able to do what they say they can, and the product is as valuable as everyone seems to think.
You seem to be on the defense about the China deal, so I'll ask you this directly: Lineman, why, given that QMC can produce 2000kg/y of the best dots that no one is currently buying, does it make sense to make two more production sites to increase the capacity to make dots no one is buying to only receive 50% of the net profit should those dots sell?
Apple doing business in china is like two adjacent crime syndicates agreeing to collaborate, they could each deal each other some serious damage and that is enough of a deterrent. QMC sending their tech to China is like me "investing" money with the hell's angels' meth operation...i might see a return, or my own kidney...
Again i ask, why can't QMC use the currently installed machinery to produce 2000kg/y and "grow organically" as many on this board like to say?
When i got out of the military i bought a hammer, a flat-bar, and a tape measure. I put those tools to work for $10/h. Then as time went on i bought more tools. I bought a tool belt, a sawzall, a worm-drive, truck, $13/h. chop-saw, table-saw, nail guns, $17/h. got my CSL license, $20/h. bought liability insurance, a d.b.a, now i was able to bill my former employer $25/h as a sub and bill my own growing list of clients $40/h.
The point is, if a tool doesn't pay for itself before you go broke, don't buy it.
Some more thoughts:
1. No mention of the $9.5m line of financing in the post quarter section? The price is over .12, did they run out of shares? How long until the a/s increase?
2. Most of the people on here seem to agree that QMC would start filling orders before QMA. If that is the case, why not use that revenue to fund another reactor in the u.s.? Then another... why on Earth would you risk the IP in China? I can understand a company like GM doing it because a car is easy enough to reverse engineer so they might as well get some money for it, but sending reactors and formulas outside of u.s. jurisdiction for %50 of the profits made makes no sense. If you have what people need they will come to you ready to pay.
3. The most successful QD company by a wide margin seems to be Nanosys which has made dots available in small quantities through Sigma-aldrich for years. The idea that any start-up should plan on their first deal being for millions or with some giant partner is foolhardy at best in my mind. However, if you have a product ready to go, but you don't sell it in ANY quantity, that's just asinine.
4. Honestly, the biggest news this past year was that Uniglobe-Kisco verified the quality of QMC's products and is willing to do business with them, even just as middlemen. U-k is the most tangible entity currently and veritably involved with QMC. This is the only thing that makes me think QMC has actually produced even one QD. I can make a beaker of fluorescent liquid, just give me some highlighters and a black light.
When you're swimming in Kool-Aid its hard not to get some in your mouth. After all else had emerged from Pandora's box one thing remained, hope.
Hey, c'mon man. Steve wan't at the helm, none of that 10q matters.
Alright team, hike those pleated cheer skirts up as high as you can bear and sell me on this 10Q.
Less than $7k in the bank, no contracts or material agreements, production revenue predictions pushed back to 4th quarter 2017, and paying the bills with stock. I didn't see Uniglobe Kisco in there either.
No more info on the china deal either. Honestly, the Chinese were buying Buicks long before GM partnered with a state sponsored entity to produce cars in China. You really can't sell me on the idea that we have to produce in China if we have the best product and best methods.
*But they invested $20m in QMA!*
With the value of QD and the production capability of the San Marcos facility, why the hell would QMC need the money, especially at the cost of 50% of the profits? When you can provide what people want/need, they come to you, whether it be buicks, ginseng, pop culture, or quantum dots. He who has the gold makes the rules right? (i don't believe in this philosophy but have observed it to be true) What then of they that hold something much more valuable?
Was the QD film developed entirely after the last quarter then?
Agreed. I just signed a solar install contract this week. I was surprised to see my roof can support our whole load and then some. Next step is to replace the wife's car with a Tesla.
Maybe this position would have come up earlier if SS wasn't billing QMC $11g/y for Solterra office space in his home... At least that foolishness ceased after it was called out on this board.
Mmmm, is that classic grape or Purplesaurus Rex? More revenue in the 10q, how and or with whom the film was developed, NDA's aquired or lost (didn't QD Explosion sign one? will they dount that?), more solid info on qma, none of that potential 10q content matters, only what SS has done recently.
right? maybe there's some disclosure regulations in china we don't know about, but i doubt they'd include driving up the price of aq stock before you purchase it.
A fun thought to get my mind off the non-existent 10q:
If quantum dots down shift electromagnetic energy, would it be possible to turn nuclear waste disposal sites into passive power plants? If you could make a QD that could withstand gamma radiation and downshift it to a useful and potentially less harmful spectrum you'd be killing two birds with one stone.
Air scrubbers for fallout shelters?
How about sunblock laced with QDs that downshift UV into the color of your choice? You know all the young starlets would be into that, body glitter that prevents cancer.
How about north facing billboards that use QDs that shift uv to blue to be used as the back light during the day?
Boeing seems to be onto the gamma conversion idea.
Seriously though Steve, take any one of my ideas and sell some dots already.
Go QTMM
It's how i learned about the "six degrees of separation theory."
Six degrees of Kevin Bacon
Nice, now just for QMC to announce that they have a relationship with BOE. So far QMC is just a few degrees closer to BOE than i am to Kevin Bacon.
releasing a Q with anything other than the company going under at this point will keep the price moving up. You could have the best medical degrees the world has to offer, but if you can't manage to bathe or even wipe properly, you're never going to meet your earnings potentials.
*Uniglobe Kisco, not Nitto Denko...unless you've seen something I haven't.
Hey look, the website is now secured. Now just to remember my paypal credentials so i can order some diapers...
The new 10% investors from China some are raving about who are going to buy 35M shares are partnered with QMC? I missed that 8k.