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From the 10-Q "In November 2012, the Company issued 4,300,000 shares of common stock for marketing and growth strategy consulting services will begin in March 2013 for a duration of 8 months." Is this the PR firm info you are referring to?
The marketing contract just took affect in March, so I'm not surprised that they have not gotten off the ground yet. Also, they may be targeting the marketing to specific firms and not spending money on a generic campaign that would be more visible to us and the competion. Why tell the competion who you are going after.
My main point is don't expect/demand too much from the meeting attendees.
If you have a problem with the company's communication or lack thereof, then you missed an opportunity to personally raise the issue at the shareholders meeting with management.
I suggest everyone just chillout. Information will be provided when the attendees have a chance. They spent two days of their own time and cash to be there. I know Q and Bill will be working 12 hours a day/six days a week starting next week, so they have other priorities at work and with their families.
It is hard to wait for news, but anyone who can't wait patiently or isn't happy with the level of questioning, should have made the effort to attend.
Remember the previous conferences when people were too demanding and the exchange of information stopped.
I got word that vote passed.
What we want to hear will require 8-
ks.
Amended 10-Q posted today
The sole purpose of this Amendment to the Registrant’s Quarterly Report on Form 10-Q for the period ended December 31, 2012 (the “10-Q”), is to furnish the Interactive Data File exhibits required by Item 601(b)(101) of Regulation S-K and to correct a line item titled “Total other income/(expenses) of the consolidated statement of operations. No other changes have been made to the 10-Q, and this Amendment has not been updated to reflect events occurring subsequent to the filing of the 10-Q.
I agree with BigE based on what I said in 16458. We need to focus on questions that are current, to the point, and will enlighten us to the currert state of affairs. The spin-off issue should be held for the future.
The most enlightening questions may not be on the list, but may arise based on information provided by the company before or at the meeting. Those are the clarifiying questions that I will rely on those attending the meeting to formulate and ask as their first priority. I added more shares and will not be there.
I am hoping for hard news but also realize that if deals are not far enough along, we could remain in stealth and have a short meeting. We will see.
So would a non-disclosure agreement from KAUST need to be disclosed?
2.4.2 Non-Disclosure Agreement Activity
More than 15 NDAs were signed during this third quarter. The science and technology areas represented include therapeutics, diagnostics, MEMS gyroscopes, RFID, cement
materials, and quantum dot solar cells.
Technically a change in auditor but not really.
Old auditor Peter Messineo merged with Drake & Klein, forming Drake, Klein & Messineo. New auditor is DKM (Drake, Klein & Messineo).
At this point in time I would see no reason for the spin-off of Solterra and there would have to be significant growth and revenues from both or at least one company to make a business case to execute. Right now the spin-off would just increase outstanding shares and slash the stock price on both sides. No value to shareholders. There would be a need to issue six 10-Q's and two 10-K's a year and all regulatory, legal and accounting costs would double. Just stick to the current structure.
Below is an example of why stealth and waiting on solar PV market to develop may be in our best interest.
Sources: Deep Layoffs at CIGS Solar Firm Nanosolar
A once-heralded solar startup succumbs to the realities of the market and looks for alternatives.
Eric Wesoff: February 18, 2013
The slashing continues at CIGS solar PV aspirant Nanosolar.
Last week Nanosolar went through a round of layoffs, according to sources and as verified with a company spokesperson. The spokesperson would not reveal the magnitude of the staff cuts. Sources claimed 75 percent of the staff was let go. The spokesperson said that Nanosolar was "in a quiet period" and would soon release a statement about the alternatives available for the firm.
Nanosolar prints CIGS inks on aluminum foil in a roll-to-roll process without using high-vacuum manufacturing equipment. It has always been a technology with promise, but Nanosolar, founded in 2002, has tended to underachieve. The extremely well-funded startup has had a history of technical and commercial promises, most recently these relating to cost:
•Low $0.80s or high $0.70s per watt by late 2012
•In the $0.60s in 2013
•Below $0.60 per watt in 2014
But the company has produced a total of less than 100 50 megawatts since its founding in 2002, despite having raised more than $400 million from a long list of investors including Benchmark Capital, EDF Group, Firelake Capital Management, GLG Partners, Grazia Equity, Lone Pine Capital, Mitsui & Co., Riverstone Holdings, SAC Capital, Swiss Re and U.S. Venture Partners.
The most recent $70 million round came from Mohr Davidow, OnPoint Technologies, Aeris Capital and Ohana Holdings at a valuation slashed from $2.1 billion to $50 million, according to VentureWire. (We reported on Mohr Davidow's pivot in greentech VC here.)
The only investors ever to make money in CIGS are USVP and Garage Ventures. USVP sold its shares in Nanosolar and exited at a small multiple in 2005, according to Nanosolar's founding CEO Martin Roscheisen. Garage Ventures "sold a big chunk of stock in the third round," when MiaSolé stock had a valuation of $400 million, according to Bill Reichert, a partner at the VC firm. MiaSolé was sold for $30 million.
The firm is shipping panels with an efficiency in the 10 percent to 11 percent range. Targets of 13 percent in 2013 and 14 percent in 2014 were claimed with a focus on utility deployments.
Martin Roscheisen was the original CEO through 2010. Geoff Tate was CEO for about two years, replaced by Eugenia Corrales, who in turn was replaced by Karl Steigele.
Nanosolar's largest solar installation is a 10.6-megawatt solar project in the Valencia region of Spain.
GTM Research has these estimates for CIGS solar production numbers in 2011:
•Solar Frontier, 577 megawatts
•Solibro, 95 megawatts (Sold to Hanergy)
•MiaSolé, 60 megawatts (Sold to Hanergy)
•Solyndra, 40 megawatts (Bankrupt)
•Avancis, 25 megawatts
•Global Solar, 19 megawatts (Now selling only consumer solar products)
•Soltecture, 14 megawatts (Bankrupt)
•Nanosolar, 10 megawatts (?)
The next generation of thin film might come from Hanergy, SK Innovation, TSMC, Hyundai, LG, AUO, Mitsubishi, or Samsung. Or the acquirer of Nanosolar.
Answer from Adminstrator on recent QTMM New items.
Dear TedJ,
Hi there, I'm the admin that manages news. The two SEC documents you mentioned have been updated, let me know if you see any more problems.
http://ih.advfn.com/p.php?pid=nmona&article=56105253
http://ih.advfn.com/p.php?pid=nmona&article=56360993
The error is from our regulatory news script. Sometimes articles from SEC do not have the stock symbol so system must make best guess which company. It is still not perfected yet.
Please let me know if you have any questions.
Warren
InvestorsHub
I have no idea what drives the IHub News or how it is generated. But I did send the IHub admins a message to see if they could explain the two news items (todays and one from 2/1/13). I will post what I find out.
IHub news seems to be doing strange things and associating unrelated events. The MOOG Form 4 shows up on EDGAR under ticker MOG.A and same result on my TD Ameritrade account. I don't see a connection to QTMM. Same thing a while back with Blackrock.
Sully, I do like your imagination, but it is going to take a really, really big hammer to get that square peg into that round hole. But it is fun trying.
My guess is that the six year timeline is not to just bring a product to market and sell a few units, but to possibly establish a large global manufacturing network that will be able to supply large quantities for new installations and to retrofit lighting systems in mass. They (Dupont, Phillips) may have done their homework and concluded that being early is not where the big money will be made and that they want to be in position to dominate a maturing market, when the market is ready to invest huge amounts in this new tech. Just because a great new tech is available does not mean the market is ready to jump in and spend big. Think Saudi Arabia and solar.
Being properly positioned and/or going big can take a long time. A point to consider as we wait for news.
Not sure where you got the 467,000 shares number from, but if it was from the (497k) listed at the top, then I think this is referring to the fact that the Mutual Fund Summary Prospectus on the EDGAR system is an SEC Form 497. First time I saw the item, my first thought was also 497,000 shares.
I'm not too familar with the Ihub site so I don't have a clue where this "News" comes from or how it is generated. Perhaps one of our knowledgable moderators can get in touch with one of the Ihub administrators to get an explaination?
Beating Cancer One Nanopartical at a Time 06/21/2012
Logged in to pay my daugther's college bill and found this link on Northeastern website:
insert-text-here
Maybe the Deep Pockets want something in return.
Maybe the deep pockets want 100,000,000 shares.
Maybe there are two deep pockets that want 100 million shares each.
Maybe the QMC shareholders will vote to increase the a/s so that SS can sign the deal(s).
Maybe SS can't tell the shareholders the details about the deals since he does not have the shares needed to sign the deals.
Maybe there will be a hint in the proxy or Q and that will be enough for the shareholders to allow this to happen.
I don't know but the picture of ih8aloss sure looks like a guy who is already retired and not just ready to retire.
I also hope that the additional shares will be used to add physical assets which can then be used to generate revenue. To me issuing shares for that purpose is not really dilutive. The company expands and has real assets and revenue potential that we can all benefit from.
I'm not an expert on penny stocks, so I can't say if billions of shares is typical of pennys, I would guess not. QTMM is my only true penny stock experience other that throwing away a few dollars 10years ago when Global Crossings was going under.
Having the company selling shares on the open market to raise capital at the current share price would not help me sleep at night. If they could announce some deals and jump the price up, then it would be better, but I would rather have them finding someone with the vision to take shares to fund the build. That way the investor gets his rewards from future investors buying his stock at higher prices as we rocket up, rather than taking a larger piece of the company from us.
Free, what breweries are in your neighborhood? Might have to stop by and have a beer with you next time we're in Belgium. Hopefully, QMC will help make my visits more frequent.
Het zet je gratis!/ Il vous libère!
Ted
Free,
I don't believe that the increase in authorized shares is a signal of a possible spin-off. My experience with spin-offs has been that the new company and shares in the new company are created before the spin off occurs and that the number of shares in the parent company are unaffected, other than a drop in price proportional to value of the spun off company.
As an example, Abbott Labs (ABT) spun off a large portion of its research business on 1/1/13. For each share of ABT, shareholders received one share of AbbVie (ABBV), the spun off company and maintained their original shares in ABT. Prior to the spin off there were 1.6 billion outstanding shares of ABT and after the spin off there were still 1.6B shares of ABT and 1.6B of ABBV. Authorized shares in ABT remained at 2.4B shares.
You can see by the SEC filings that ABBV was "created" on paper in 2012 with 1.6B outstanding shares, which were not traded on the open market until they were distributed to the ABT shareholders on 1/1/13. On 1/2/13 the price of one share of ABT plus one share oF ABBV was approximately equal to the closing price of ABT on 12/31/12.
Just a few words missing at end. Inquiry about Frost award PR posted by Art.
Femtophysiker Adil M. MALIK • ...thanks for sharing the news. In the context of QDs in OLED fabrication, could you please inform me about your offered materials? Thanks in advance
Art P. Lamstein • QMC has not announced anything in this area. Dr.Ghassan Jabbour is our CSO. I would refer you to his published papers on QD-LED and OLED.
JJ, just curious, but what pending bankruptcy company did you have confused with Quantum Materials Corp? I wonder if others out there are also confused. Would be good to understand what threw you off, so we can can avoid/minimize the negativity in the future. Or was it just one of those brain farts that we all have from time to time?
Looks like someone over age 50 funded their 2013 Roth IRA today. 7.5 cents x 86000 < $6500. I guess I should have waited a few days for the better price.
This looks good. Hopefully it may be the second of a series. It would make sense that F&S would release a detailed report to their clients, then make an initital public announcement of the award and then followup with a series of reports with expanding information. Get people interested and then feed the flames over time. Would be more effective that a once and done announcement.
I'm hopeful.
No did not see video or go to conference.
I was referring to the proof of process demo that I understand was done months ago to demonstrate that the continous flow process would work and could be scaled up. Don't have specific reference, just going on memory.
I think BigE raised an interesting topic for discussion. I don't see it as a reason why QMC is going to fail, but as one of reasons why things are taking time.
QMC has the technology, the patent, and successful demo, and it would be great to just start producing dots and let the buyers line up. But I think management knows what they are doing and one of the things that they may still be working on is product distribution. As suggested, a simple approach would be just drop off reactors at various plants and let the customers crank them up to meet their needs. But I would not think it would be a good idea to drop off a couple of reactors in a Chinese manufacturing plant. How long would it be before the Chinese would be out producing QMC with their newly discovered process?
If the dots are produced in a central secure location(s), then how do you deliver? Drop 10kg in a FedEx box for overnight delivery and hope the FedEx warehouse is more secure than the Air France hanger in New York was (couple of old movies about that hiest). I guess we could all volunter to fly around the country with briefcases full of dots handcuffed to our wrists. One of my dream jobs from growing up in the 60's watching TV.
I don't need to solve this problem, I just want management to take the time to cover all the bases, so I can make a lot of money over a long period of time. That's why I gave management my money.
Not that much of a coincidence, but I studied nuclear engineering and have spent 35 years acting like a mechanical engineer in the nuclear power field.
Also hoping to close this chapter soon, but with one daughter at Northeastern, a son accepted to George Washington just last night, and his sister waiting to hear from Columbia, NYU and others, all income streams are currently needed to keep the boat in trim. Maybe QTMM can blow the tuition balast tank.
My mistake, the conference ended on Thursday 12/6, so one week later would be Friday 12/14. This would be when the attendees get their access to the presentations. General posting and sale may be later.
Another option on the website:
insert-text-here
Products: Printed Electronics USA 2012
FOR THOSE NOT ATTENDING THE CONFERENCE (Available after the show only)
Conference Proceedings & Audio Recordings
Subject to speaker permission.
Available to those who did not attend the event.
$799.00
So many questions have been posted about the conference presentation, so here are some facts from the Printed Electronics website FAQs:
How can I access the presentations?
If you have purchased a 2 day conference and tradeshow pass, this also includes electronic access to the presentations, where we have the speaker's permission to make them available. The presentations will be available to download from our website in pdf format, a week after the conference. We will send out an email to notify you when the presentations are available to download and the email will contain download instructions.
Are the presentations recorded?
Only audio. The presentation MP3 audio files are only available to download after the conference by attendees who have ordered this product, it is not included with the 2 day conference and tradeshow pass.
From the website E-store:
What are IDTechEx Credits?
Buying IDTechEx Credits gives you access to specific items on our site, rather than having to purchase the whole section. You can purchase individual conference presentations, case studies with IDTechEx Credits, allowing you to view just the information you want.
What can I buy with IDTechEx Credits?
Currently available to buy with IDTechEx Credits are:
1761 Conference Presentations
Each Conference Presentation costs 1 Credit
How much do IDTechEx Credits cost?
You can currently purchase IDTechEx Credits:
1 Credit: $49.00
3 Credits: $139.00
6 Credits: $269.00
10 Credits: $419.00
So some of the presentations (and maybe Dr Bob's) may be available tomorrow or in the future for purchase. Seth's presentation from last year is available now.
The organizing group seems to think these presentations are vaulable and want people to pay for the information.
I do not know what restrictions may have been placed on the presenters or the paid attendees with regard to publicly sharing their material, but I think that it is likely to be copyrighted.
No not on NASDAQ. If you go to that site and select real time quotes and QTMM, then it tells you:
"NASDAQ Real Time quotes are not available for OTCBB or OTC stocks. Please use our Summary Quote page to monitor your favorite stock."