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True, and QMC has made the differentiation that it cannot just print, but can also embed QD in different materials, for example, Leather. Embedding would make counterfeiting a much higher degree of difficulty.
You said--
Great conversation today!
I can think of a few ways to differentiate the QD. First, it was mentioned yesterday that differentiation starts at the creation of the QD. This could either mean a new method of nucleation or a novel composition to start the core.
Another clue is the process takes 25gram/hour instead of kilos per day. Therefore the process is longer and more involved which may allow special abilities to be built in.
While I can still think of other possible ways to adjust a QD, I think those three are enough to satisfy the billions of signatures argument. Clearly it is a special QD!
Between the website, the webinar, the Nano magazine article and the BTP announcement of their partnership with QMC and DAML in the use of Sextant for DAML, the company has been quite transparent with what they are doing, except about who they are working with for sales.
Yes, J, and that possibly is why they take longer to make. Only 25gm/hr.
From the About page on
https://www.quantummaterialscorp.com/quantum-materials-about
* QDXTM Dots are manufactured using an automated process allowing for the creation today of 25 grams/hour of QDs per QDXTM Reactor with the expectation of kilograms/hour by year end. High QD consistency is achieved bu monitoring and managing the production process by software without the need for expensive and slow manual monitoring.
There is also more info on the unique signature.----
* QDXTM Dots can be finely-tuned to emit a predetermined wavelength of light. When they are incorporated into almost any physical item, they provide a unique optical signature that establishes product identities. These identities are impossible to copy or clone so that products enhanced by them can be verified as being genuine items and not counterfeits.
My reading of the PRs give me the confidence that the QD are perfected and that management is confident they can convert their technology to commercial applications. For example, last Springs claims of demoing a true QDLED Display. I believe that because of previous PR on developing the Rec 2020 and Perovskite QD and the long-term internal test of their own QDLED. That's enough proof for me.
I don't think it's Squires fault if QMC did not sell it to an OEM. The display market cannibalizes itself periodically and constantly changing. QMC made the business decision to not go after the low-cost and low-profit market but is going after getting the true value for the QD in the OEM product through licensing and royalties. QMC was successful in getting such a deal with AMTRON in Assam validating Squires decision. It caused an $82M investment in infrastructure at no cost to QMC, and will result in a 75000 sqft facility to make QD, QDLED for displays and lighting, and the first QDSC solar cell plant.
So lets agree to disagree on the level of "business competitive reasons" the company needs to secure its IP. The company evidently thinks it very important, and you have a looser definition. I'm ok with that.
I am more confident of the certainty of it happening than when it happens, I do believe it will be sooner than you think, but that's opinion, just like yours.
Some of the answers to your 5 comments are,
1. again, business competitive reasons to keep IP secure, or
2. my belief in the company and its management and scientists based on my personal experience knowing all of them except Willams and Hartigan and the Business Advisory Board. Looks like Squires brought in excellent new talent, BTW.
That said, I want to reiterate the most important point, which I believe we all agree upon:
The potential for Revenue is the only reason to be invested here these days. If you believe the company has secured it's long term viability with the Assam JV from licensing and royalties, and that QDX anticounterfeiting blockchain has huge billion dollars potential and that both QDSC AND QDLED are both future Unicorn size industries for QMC, stay tuned and stay invested.
Kurt, I know you have asked this question before, - how do they do it?
They don't disclose it. They don't write white papers, they don't speak at QD forums and conferences, they hide their IP. Evidently they have been very successful at hiding their IP despite some posters dedication to finding out. Its frustrating. Shareholders want answers and the company cannot give them, I am sure, for competitive business reasons. One can ask why, but there is no reason I can give that would satisfy the shareholders other than my belief that the company won't say details because IP security outweighs shareholder curiosity. As a shareholder, I understand that, and would rather they don't give their secrets away so they can have exclusive use of them and get the share price up.
But I can answer what I think people would find if they researched enough in the PRs, and understood the science, which is hard.
I believe that a main part of the answer lies in the total superiority of the QDX QD.
1. The QDX quantum dots are one of a kind in the industry. No other has all these characteristics:
A. 93% REC2020 Ability. A combination of brightness with narrow FWHM that expand the sensitivity and selectivity of band. This expands the number and type of signature that can be developed into the billions.
B. An Environmentally Resistant QD. Heat, Moisture and Air resistance make QDX capable of handling tough environments with little or no degradation.
No other company has come out with EITHER a commercial Rec2020 QD or a high-temperature tested environmentally resistant QD better than QDX QD which has both.
Really, I believe the quality of the QDX QD will be a big advantage in QD blockchain tags, SSL, QDSC, QD in displays of different sorts.
So use a second software that recognizes QD in addition to the pattern recognizing software.
Edit from a previous post -
Blockchain Smartphones are perfect for an anticounterfeiting blockchain sensor!!!!!
https://www.cryptonewsz.com/a-sneak-peek-into-the-world-of-blockchain-smartphones/54168/
No, legit question. I agreed with you. No offense taken.
See my post #82214.
Also, others have shown QD can be read by POS (POINT OF SALE) supermarket checkout scanners. No added cost.
Agree, it would be a shame to waste student talent. No doubt any interns would come from the TSU Nanotechnology Department how have excellent professors. No doubt the students, pre and post grads are chosen for their abilities and participate in research, not get coffee.
Here is a white paper from 2013 that mentions possible future use of smartphones for POC (POINT OF CARE assay Devices not PROOF OF CONCEPT for Blockchain).
Optical Imaging Techniques for Point-of-care Diagnostics
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3510351/
In 2019 I am sure gathering a QD image into a smartphone and reading it economically is another solved problem.
Or it's a trade secret / IP they don't want the competition to find out about until after contracts are done, at least. If they have to POC and beta test, why would they want to give the competition a hint of what they are doing? I'm not saying that is whats going on now, but it is a good possibility IMO.
Revenue moves the stock, not POC or or betas, IMO.
I see what you are saying, but QMC could not do the AC without the blockchain. The AC is added to the blockchain, not the other way around. And while you are correct that they are marketing the AC, they could also develop other add-ons to their blockchain to sell, like a cryptocurrency. In fact the same anti-counterfeiting that applies to product could apply to cryptocurrency. I agree that QDX Ledger without the quantum dots tags or printing and the unique tamperproof method of reading them would be much harder to sell, especially given all the competition.
The article was the only one I saw which mentioned valuation of blockchain. I did not realize how many were cryptocurrency related. That skews the results definitely. Will look further.
QMC is differentiating QDX Ledger by claiming the anti-counterfeiting best-in-class position in marketing terms. I found this article talking about the highest blockchain valuation companies:
https://cryptobriefing.com/crypto-unicorns-top-10-valuable-blockchain-companies/
Last paragraph:
There are also plenty of strong companies that are below the $1 billion mark, and the fact that they have reached a valuation that totals millions of dollars is no small feat. Crypto unicorns are almost as rare as their mythical namesake – but successful crypto companies are still quite commonplace.
Because it must be true. Clearly VT increased the AC body of knowledge.
The potential for Revenue is the only reason to be invested here these days. If you believe the company has secured it's long term viability with the Assam JV from licensing and royalties, and that QDX anticounterfeiting blockchain has huge billion dollars potential and that both QDSC AND QDLED are both future Unicorn size industries for QMC, stay tuned and stay invested.
See post 82094 for reasons why to stay invested
Maybe Squires was waiting to develop the right QD, and find the right blockchain system for anti-counterfeiting and the right anti-counterfeiting IP. By accounts he found Williams only earlier this year and then acted somewhat quickly. Maybe he knew what he wanted and acted when he found it.
I know this opinion will take flak but I put it out here because I believe Squires has learned from past experiences. Since his return as CEO, all his moves have been purposeful. He has overseen development of QD technology, negotiated a major licensing and started the blockchain business. Looking forward to the future.
That's what I said!
Luckily, we don't need the company to tell us if they protected any IP because
to think that QMC hasn't protected their IP is ridiculous considering how far back they were working in the field.
Just because the company does not spout details for business competition reasons does not mean they haven't protected their IP.
Didn't Friday close up too?
The initial drop on the Pinks news seems to have worn off and people are once again looking at the long term and potential anti-cyclical possibilities of QTMM! Today was all small investors coming aboard. Only one trade over 51000 shares.
The problem with end of year tax loss selling of QTMM is we never know when something will cause it to pop.
To think that QMC hasn't protected their IP is ridiculous considering how far back they were working in the field.
Just because the company does not spout details for business competition reasons does not make them any less true.
Blockchain Smartphones are perfect for an anticounterfeiting blockchain sensor!!!!!
https://www.cryptonewsz.com/a-sneak-peek-into-the-world-of-blockchain-smartphones/54168/
There seem to be two main questions this day-
1. About the QD as a marker or tag
2. About patents for the anticounterfeiting.
I don't have "answers" but can offer some comments based on my experience on two points that are public information and obvious.
1. The QDX quantum dots are one of a kind in the industry. No other has all these characteristics:
A. 93% REC2020 Ability. A combination of brightness with narrow FWHM that expand the sensitivity and selectivity of band. This expands the number and type of signature that can be developed into the billions.
B. An Environmentally Resistant QD. Heat, Moisture and Air resistance make QDX capable of handling tough environments with little or no degradation.
2. Re Anticounterfeiting patents my only comment is that anticounterfeiting was on the QMCDOTS.COM website as far back as 2014 and therefore must have been contemplated as a QMC Industry before that time. Virginia Tech patents were considered, too. To think that QMC hasn't protected their IP is ridiculous considering how far back they were working in the field.
As I said, these are fact based comments to consider. Just because the company does not spout details for business competition reasons does not make them any less true.
The potential for Revenue is the only reason to be invested here these days. If you believe the company has secured it's long term viability with the Assam JV from licensing and royalties, and that QDX anticounterfeiting blockchain has huge billion dollars potential and that both QDSC AND QDLED are both future Unicorn size industries for QMC, stay tuned and stay invested.
SE is correct. QDs secure anti-counterfeiting blockchain.
The QD tags or printing secure product and process making them tamperproof against counterfeiting which is a feature of the blockchain.
Catch up!
New business model!
All the nanomaterials qualify for licensing and royalties in Assam.
BTW, all the nanomaterials would be premium, top performance in their category, a huge sales and pricing advantage.
Ted, I believe all good things are possible.
Yes, Squires said the company focus in India is QDSC up and running.
According to Tony Balchin, it is progressing.
No need to divert any energy in India for integrating QDX Ledger in India's QDX reactors.
QDX Ledger inventor Jay Williams could do it in San Marcos and there you go!
Its software. Make a copy for India. I would think QMC is responsible for updating the
reactor software. Its just an update. I have already described the advantages in other posts. I have no idea if there would be revenue. QMC has not disclosed anything in that regard, but there would be efficiencies and savings. Thats enough of a reason to do it. It also will make a fantastic case study for sales purposes.
Finally, your quote ~
You don't know blockchain capabilities.
Why are all Fortune 500 migrating to blockchain in the next 5 years?
Forget Robots, Blockchain Could Replace Middle ... - Observer
https://observer.com › blockchain-smart-contracts-middle-management-jobs
Nov 18, 2018 - With the advent of smart contracts on blockchain, it's clear: robots aren't ... blockchain technology, it's clear that white-collar workers should also ...
AI will disrupt white-collar workers the most, predicts a new ...
https://www.technologyreview.com › ai-will-disrupt-white-collar-workers-t...
Nov 20, 2019 - In fact, white-collar jobs will be affected more, according to a new ... or find alternative roles, because they are more likely to live in cities or have ..
AI Will Transform 500 Million White-Collar Jobs In 5 Years ...
https://www.forbes.com › sites › johnkoetsier › 2019/06/04 › ai-will-transf...
Jun 4, 2019 - AI Will Transform 500 Million White-Collar Jobs In 5 Years; Silicon Valley Must Help. John Koetsier is a journalist, analyst, author, and speaker. It's obvious that artificial intelligence is already impacting the way we live.
Kurt you describe the old way of reporting and reconciling. Blockchain is the new way.
I think you are refering to old accounting ways when you said~
To explain further, because some to have a problem with the concepts,
Let's say 1 Kg of quantum dots is manufactured on the reactor.
The Kg is somehow marked with a QD tag or printing on the container.
The container is delivered to the thingamajig plant and 1 gram of QD is
used to make each thingamajig. Each thingamajig gets a QD tag or printing
identifying it, and identifying that 1 gram of QD from the Kg was used.
All this is recorded on the blockchain real-time so record keeping is easy.
QMC is due a royalty on the thingamajig.
QMC gets the true value of the QD in the end product this way rather
than selling a gram for cash, which is always less.
That is why I can say the blockchain ensures compliance.
BigE1960 said -
Petty semantics!
Monitor:Secure - six of one:half dozen of the other.
Secure? Take physical possession?
If you mean that, first the blockchain has to monitor to know
if there is something going on that shouldn't.
As I said in my post, monitoring assures compliance.
LOL, I guess everyone realized I meant 2030, not 2939!
If that's what you think, then it's a good thing, isn't it? It proves my point.
Doesn't really matter what your personal opinion of any of the JV participants is, it is a prudent act to insure compliance with the agreement overall.
Maybe; maybe not, but monitoring the production with QDX Blockchain would prevent unauthorized use of the reactor.
Yes that would represent the true value of the QDs in the product.
I would add to Ted's comments that Assam has a published goal of 6 Gigawatts solar energy to be deployed by 2939.
Who will they favor with those contracts?
Their own JV.
Reminder also that Squires said QDSC is their main focus in India this year.
Balchin said India project is progressing.
Solartech, Do you think K&L would be smart to settle before trial?
This Quote from Minns website sounds exactly like QMC's case against K&L Gates
Quote:
A lawyer can also commit malpractice by breaching his or her fiduciary duty. An attorney owes his or her client the utmost duty of loyalty and confidentiality. An attorney can breach their fiduciary duty by engaging in self-dealing, not disclosing a conflict of interest (suing a current or former client), disclosing confidential information, putting the attorney’s interest above the client’s interest, and misusing client funds.