Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You are right Nanosys might not survive since they have actual customers who may reduce or cancel orders in a recession. We don't have to worry about that since we have no customers or we couldn't have less orders. If Armageddon comes Qtmm will still be doing the same business we are now.
"Question: If the company has to shut down its operation completely through a recession and freezes salary payment to employees, what skeleton operating expenses may still incur and how much?"
Question: Did you forget to take your meds again?
No, I don't think I'll rethink that. Yes, India is building massive solar parks. The problem for us is that those panels they are using to build with, "90% of solar panels used in India are imported mostly from China, Malaysia, and Taiwan".
Of course you see it as a National Labs Plus. That was your job for Steve, to pump every dream as the next big thing. In ten years those dreams have added up to nothing. Two years ago you were saying China will be building plants around our facility, now it's India will leapfrog China. If Squires is shown looking through a telescope you will be pumping the idea of a deal with the Plutonians.
To be fair it is a "tech city" being built. And that "tech city" is supposed to be 1/5 of the final size of Star Park, and Star Park isn't exactly a huge incubator facility.
So we've went from "owning China" to having a deal with an incubator facility in a country not known for tech.
If this deal collapses and we see a picture of Squires eating Kimchi, no doubt we will see many here touting Kim Jong-un as a genius.
You are way too impatient doc. We have the dream team working for us and the tsunami is approaching. You just must give them a little more time, it's only been one decade. Even if Steve should pass away due to old age before a sale, we know we have his son waiting in the wings to lead us to glory.
Forget the comparisons to Apple and now Intel, we want the big time and I think we can do it. I predict with just a little luck we can be bigger than Sears by next year.
You always say that about OLED and most of it is not true. I was invested in OLED for almost 20 years, from the late 90's until i was stopped out around $50 a couple years ago. OLED fans would tell you it's much more than displays, they have dreams of oled lighting becoming bigger than displays. Oleds in vehicles are expected to massively increase beginning this year, according to oled.info "BMW said several times that OLEDs may well become the lighting technology of choice due to OLED's flexilibility, efficiency and homogeneity."
The key difference that you never point out is that OLED's revenues come from licensing from all oled products sold as OLED has essential patents, all we have is patents on materials we produce. Every time you look there is a new qdot company, and if a miracle happens and we sell something, we still won't get anything from other companies selling qdots, while OLED receives revenues from almost all oled products sold. That is a gigantic difference, and it renders any comparison of the 2 companies as ridiculous.
"Anyone hoping and waiting for this to hit .45 cents so they can bail should have gotten out a long time ago"
This must be quite a day. You agreed with what I said and I agree 100% with this line
"Also, no OEM display maker will trust their $8 billion fabs working with a partner with late financials."
Utter nonsense. That's just another excuse you've dreamt up for why we have no deals. Business gets done and contracts get signed everyday with companies that are non complaint. Financials may have to be exchanged but compliance is a non issue. You think a company is more willing to deal with us because our last financials listed 0 revenues and $2000 cash on hand versus not knowing??? Those reports didn't prove any reliability of supply, all they proved is we are in a desperate financial condition.
To be fair Sri shut down our reactors and we clearly needed them running full tilt for our huge sales. And Sri was probably trying to sell at an awful price, though of course the stock has lost 50% of its value since then so maybe Sri wasn't so crooked and was trying to get some value out of what to this point has been nothing. And also Steve was busy getting QMC off the ground and turning it into the roaring success it has become.
Just maybe
"QMC became current with their filings this is a credibility issue especially with current and future OEM's."
That's one of the big problems on this board. Someone makes a wild ass guess about something and it becomes a mantra. If a company thinks we have the perfect product and price and wants our product, why would they care about our exchange filing status or even know what it is?? If they were going to sign with us one of those billion dollar deals always dreamt about here, they would know all our financial problems would instantly disappear.
"If QMC did'nt have a chance why would the above steps be taken. "
To keep the gravy train running. We were behind in filing status years ago and became current, was that because deals were imminent? No, it was because we can't keep our status as a public company and continue to receive funding unless we eventually file. Squires will keep the lights on as long as he can and being current gives him more access to funds.
Yes it must really stink when a lawyer leaves a firm to go to another firm and then become a partner.
Newsflash, lawyers leave firms, especially large firms, every day when they find out they are not, or it's too expensive, to make partner, and then they often go to smaller firms and become partners.
Would you give up with your ridiculous predictions. You've been saying the chart looks very bullish and we are about to break out since the stock was in the teens, and you've been wrong every single time. Your record is perfect.
Your 100 million is 22 cents a share is equally ridiculous. They will never get that, that's their pie in the sky figure. They are claiming 100K in actual damages, the 100 million is the hey look at me we want lots of publicity figure. On top of that their lawyer gets in the area of 40 percent. They most likely would be thrilled with a couple million and would be thrilled with a settlement that would get them any cash, because they don't have the years an actual trial would take.
The fact they updated a website that still has 3 PR's from January 2017, including the fantastic China news (lol), listed as recent news means "QTMM is prepared to execute"???
A better choice of words would be that QTMM should be prepared to execute their webmaster.
It's difficult to predict until seeing the answer to this, but this is probably the best chance this company has at making money in the next year.
I did lol when I saw the 100K a month legal fees. Why does a company with no contracts and few board meetings need 100K a month in legal services??
Freschfield on hold??????????
Even for you that's a stretch.
And quit blaming Trump for QMA. There were no updates or progress on that long before any trade moves were made. That's went nowhere since the papers were signed.
The following outlines the successful business opportunities that the Company has pursued over the last few years:
.
Yeah right.
Care to explain how your line "potential signing of big sales contracts between these opto-electronics groups and our film partners is imminent" can be believed if what was posted in the annual report is true??
According to QTMM, "We expect to commence generating revenues from licensing agreements, joint ventures and/or the production of materials at the San Marcos facility in the fourth quarter of fiscal year 2019"
How can there be "imminent big sales contracts" when the company itself is saying they expect revenues at the end of next year?? And how can those be "big sales contracts" when the company itself says "Revenues from materials manufactured by the company are expected to be modest at first"??
Who are you kidding. When in 2039 Steve posts "we expect to begin receiving modest revenues in the second half of 2040", you will be posting we'll give it one more year.
You are 100 percent correct Rodman. Especially in this era, I'm sure many shareholders prefer members of their BOD who prioritize "getting layed"(sp).
The October 4th PR was for the glorious YTexas award.
And that helps them sell a single dot how.......
Yeah, you may get a small pop in the stock price if some cursed soul sees that and buys in, but nothing will move the share price long term without a contract, and no x, y, or z awards change that.
Nothing of any importance. A Dow Jones news wire blurb that has nothing to do with us: "BlackBerry CEO Says CIOs Must Prepare for Quantum Computer-Based Attacks" and a reposting of the YTexas award.
I wonder if the tsunami caused by YTexas will be as large as the massive one created by the Frost & Sullivan award. Remember the celebration that went on here back then. I think that was a 2 year sticky!
Pure nonsense.
What has QTMM done and why would Nanosys want to do it? They are busy making actual sales while we are making Facebook pictures. No one here gave one hoot about India before those pictures came out and now it's the be all end all. There's a reason no one cared, and it's because there is almost no market there.
From a Businessline article 3 months ago:
"India’s electronics industry is still at the toddler stage. It’s only just moved from crawling to taking baby steps. For the most part, components for goods like mobile phones are imported and assembled here. Currently, domestic value addition in manufacturing is less than 50 per cent for appliance and consumer electronics — otherwise known as ACE — products and just 7 per cent for smartphones, far below the global average, according to a PriceWaterhouse report. Hence the huge outgo of foreign exchange."
Down the road long term maybe there's a market there, but right now it doesn't exist. Nanosys and Nanoco are not there because there is no reason for them to be there. India will be as profitable as FF and the online store for the forseeable future.
"I always conjectured that the company was heavily involved in R&D"
Have you ever looked at the financials??? Say what you want about QTMM, but you can't say they are heavily involved in R&D. The R&D budget is the size of a holiday party at a larger company
Read his usual pumping fluffery and tell me this post doesn't have more truths in it. Hell, even most pumpers are embarrassed by his nonsense.
There won't be any sustained price movement upwards unless the company ever shows real revenue. They've issued PR's for years and eventually it becomes like the boy who cried wolf, the PR's are now viewed cynically by many unless they are married to the stock.
Besides, you must realize it is off topic if you are not promoting the stock. Do something useful like make up a dream or create a quantum dot song, then no one will accuse you of being off topic.
Just remember back to when Dr Glass left and even when Sri and the others left. I along with BigE pointed out no one is jumping off the ship if the big sale was about the close, but we were drowned out by the chants of that's meaningless and sales are imminent. Fast forward a couple years and who was correct?
Do you honestly believe someone who is in on the ground floor would want to leave the "next Intel"?? Even if they were miserable, wouldn't they at least wait for QTMM to hit it big to improve their resume and to get the stock options??
"Ok in this vein of thought what was that crack about people getting paid? "
What crack????????
I highly doubt it falls that low because of a late report. Do you honestly expect the diehards to sell because a K is late??? They could announce that instead of qdots they will instead make pen caps and half the people here would swear Squires is a genius. A case can even be made that they would better off with it late, a missing report still holds mystery that people here will expect great news in while another report full of zeros won't help.
In Florida wind damage isn't a huge factor for panels since the have pretty tight regulations. We built a home there almost 5 years ago and then the rules were if panels were used then the panels had to be able to withstand 160mph winds. Water and debris seemed to be much more dangerous to the panels than the wind itself. For us it didn't make economic sense to use the panels at the time since it wasn't a main residence. As for being ripped off the roof, I would guess that's more on the roof than the panels. If the roof comes off the panels certainly are.
Most other states in hurricane zones have a 140mph wind rule, or at least they did then.
" It would be nice if we were doing the RD for First Solar or another company with a conditional contract upon success."
First Solar spent 20 million last quarter on R&D. We've spent 160K on it over the last 3 quarters. You are not doing any R&D for anyone else at 50K a quarter
You do realize that a company has by law 4 days to report a material event. This is a company that in the past has issued a PR to state they were sending out SAMPLES, and now you don't think getting 1.2 million dollars signifies a material event?
Would you please quit interrupting the dream with facts. We don't care about facts, we just want to dream of the dream team and the big Christmas surprise they will have for us.
If not this q, next q.
If not this year, next year.
If not this decade, next decade.
If not this century, next century.
If not this millennium, next millennium.
Another day closer.
I agree dshade, it's pretty clear the companies we've sent samples to have had enough.
Know what you own. And judging by our sales, not many companies own our dots because no one is paying for them. Maybe if we buy another reactor we can sell twice as many next quarter.
That's been your same line for almost a decade now,the problem is no one wants to sign on the dotted line.
Two reports ago you were crowing about $15,000 in revenue. Now 6 months later we took in a cool thousand. That online store is really quite the money maker.
Don't forget we are also supposedly selling samples now, so the $1000 could be from that.
Who was the person saying they must be close to breaking even with all the small sales they are making??
Hey I have a copyright on Qdot time travel since I mentioned it here first 2 years ago. As soon as it's invented I plan on using it to take out a hit on whoever put this stock on my radar.
It's basically a computer generated report that throws as many company names out there as possible in order to get as many hits as possible in hopes that someone is stupid enough to purchase it. I had hoped that the people here have figured this out by now as years ago these were posted here all the time, but I guess PT Barnum was correct.