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If we had the kind of sales that you claim Nanosys doesn't have, you'd be posting every day how dominant we are. They have products in the store, something we can only dream about.
But, but, but.....
You mean the impression that many here like to promote that the fools at Nanosys and Nanoco make their product a beaker at a time is false??? Damn, I thought they needed those 100 employees to carry beakers back and forth all day. Maybe instead they are wasting their time on stupid things like R&D and sales?
"It is possible that QMC is further along with OEM's than what lies in yesterday's shareholder letter. "
It's also possible Steve will announce the sale of the company for half a cent a share next week. Likely, no, but just as likely as your scenario.
Squires admitted QMC is still in search of funds to get started. Thus right now they barely exist, they are not further along with anything. The company has a long history of overstating it's near term prospects, expecting the opposite is ludicrous.
You've been saying that we are closing in on success for half a decade now.
Put in the harsh light of reality the update said:
1) Despite what many here are saying about unreported sales, we still have no revenues.
2) Despite the fantasies on the other board about a rapidly growing QMA, in fact almost 2 years in it still is little more than a piece of paper. Much like FF
3) We need money as we have bills and nothing coming in
You recall incorrectly. In the past year, which includes last July, the high for this has been .129. This isn't falling because of these lawsuits, it's falling because of a lack of any proven financial progress.
Please Jamis read the board. We can go back all the way back to the iPhone 4 to see people here saying Apple would be using Qdots in their next phone. Free used to post 10 times a day that Oled was dead and our dots would be the cause. We'd get post after post saying LG was using our dots because they had a "quantum display" in their phones. Just a couple months ago people here were crowing Apple's new display had to be Qdot. Were any of these posts realistic?? No. But most of the stuff posted here is the same fantasy
I'm sorry for ever questioning your credentials in marketing Puravida. It must have been difficult getting your MBA when you were in medical school.
Would you stop. QTMM is paying Canaccord. If you pay Canaccord, they will advise you on your quantum dots and convenience stores. It doesn't mean they believe in you, support you, or are backing you, it means they are being paid by you.
Another example of that expression
If QTMM had everything you say they have, the stock (and the total commercial sales) wouldn't be below a nickel.
You have been saying they are ready to deliver for the last 5+ years. It appears our delivery got lost in the mail. Of course the may not have had enough money to put a stamp on the envelope
Nonsense
Low trading volume indicates lack of any interest in this company by anyone not already holding it. It did less than $10,000 in total volume today, traders are not interested in something with volume that low.
"Truth and Accuracy in Reporting regarding QTMM is important "
LOL
Why would you dare question Puravida's legal background.
You've been reading between the lines here for almost 10 years, I'm guessing your eyes are pretty much shot from all the squinting.
Like I said in my post, there was nothing in the 10K that was positive unless you have already fully bought into to this. No outsider will buy into a stock because of "Initiated collaborations" or "increased sample sales revenues".
And as for 63952, I'm supposed to take it as a positive that our revenues went from 240K in 2016 to 33K in 2017???? Even given some of the ridiculous statements made on this board, that one is noteworthy.
Where was the positive news?? Is filing a report by itself positive news???
Maybe there is something still to come, but there was little in that report to excite anyone who hasn't fully bought into this hook, line and sinker.
This is not a spade, it's a buying opportunity. Every time this falls in price it's just another buying opportunity.
Seriously though, the best hope i see for this is in the stock performance of Nanoco. We have tended to mirror them for years and they are up 150% from their lows and are up almost 100% over the past few months. Unless the 7 year pattern is broken something has to change.
That's one of the funniest things about this board. When they moved to Star Park years ago I called it an incubator facility for start ups. I was attacked up and down by the diehards for calling QTMM a startup. Now years later those same people are calling this a startup.
So like I said, you won't be speaking to any of them again.
Given the performance of this company during that time period, I have a hard time believing any of those people are still talking to you.
Yes they were fools trying to sell this great company when the share price was 150% higher than it is now. At least now we are certain of success, because even if we fail we'll never report it so we can go on like this forever.
There's price pressure on all tv's right now, prices are collapsing. I bought an 2017 LG 65" OLED E series 3 months ago for $2299 and thought it was a fantastic deal, now I've seen them as low as $1899. This is a TV that supposedly will have the 2018 version priced at $4000. I've said for years that TV's are a cutthroat no margin business but it seems to be getting worse. I've seen generic 55" models at $199 when a couple years ago it would have been tough to find one under $500. There's a reason a lot of companies have abandoned the US TV market.
And there are ramifications for companies who have no achievements to boost of through filings, and one way to avoid them is just to skip filing.
"Taking their sweet time" is 3,4, or maybe 5 months, we are at 9. No way this is on the auditor.
And to me, Canaccord's engagement means they maybe facing the reality that they cannot successfully commercialize a product and are trying to see if they have any anything of any value to anyone.
I realize it's difficult to accept this possibility, but if QTMM had accomplished nothing commercially in the past year, wouldn't they be better off doing what they are now and not reporting, thus preserving the dream of many. How many more copy and paste reports could even they diehards accept?? To me this is much more likely than it taking 9 months to audit the books of a company with almost no revenues.
Their IP in the worst case scenario is worth the paper it's printed on. This lunacy that our IP is valuable just because QDV's was is ridiculous. QDV held what were possibly essential patents related to the USAGE of quantum dots. We don't have any such patents, we have patents for a fabrication method that has to date brought in nearly zero revenue. If we can't get anyone to buy our product made with this fabrication method, how can you guarantee its value to anyone else??
So what if "QD is the future"????
That doesn't mean a thing to the future of this company.
Go back and read 7 years of posts on this board. They have claimed to be able to use this process for that long and to date they have zero commercial sales. If you read the old messages you will see the uber high value of the dots back then and how rich the company would become with just small sales. It was pretty much a consensus by the pumpers that we'd be as large as Apple by now. Think I'm lying??? Then reread the old messages. Let's add up those small sales over the past seven years.
0
To date our biggest sale on the books is when they sold the old office furniture 5 years ago. QD may "be the future", but that doesn't mean QMC (or Nanoco for that matter) have any role to play.
Vizio buys from 3M who licenses from Nanosys
The point is the only people mentioning Dow are here. It was a typical Squires move, hint a little and have others pump the agenda forward. Look at the history:
Remember the millions which will flow into the coffers from Access to Flow.
Then the billions after Ramadan when the Saudi King will announce QTMM
will power the middle east.
Don't forget about the millions we'll make in carbon credits.
Remember that exclusive license with Los Alamos?
That huge deal with China which has suddenly vanished?
Not to mention the FF debacle.
QTMM hints at anything, the pumpers push forward the agenda for 6-24 months until that pump runs out of steam and it's time to find a new dream catcher. It's getting more difficult though since even some of the diehards are beginning to question the future.
Nanoco is doing pitifully, almost as bad as us. Who cares, what difference does it make?? Should I be happier if they go under after us or before us?? What does it matter?? At least Nanoco reports their awful results instead of being in stealth mode forever.
Yep, that same sale you've been boasting about for about 5 years now. Don't forget the last chance for cheap shares!!!
Worst case Scenario?? That's easy. They close up shop and Steve has to rent out a room in his house to his next start up to pay the mortgage. Based on the share price, that's much more likely than any other outcome.
It may give a bit of a dead cat bounce but the litigation isn't what's hurting this, it's the lack of any sales and no filings. I guarantee we are within a nickel of the bottom.
They are waiting until after Ramadan to announce it.
If you are so sure of the outcome, why was QTMM the one requesting a jury trial?? Why take the chance with an unknown in the jury if it's the legal slam dunk you claim.
Of course, since that doesn't fit in with your narrative, you don't bring that up.
I assume he is referring to the numerous statements of "revenues that will be modest at first" next quarter that we've seen since 2013 or 2014. Or perhaps he's referring to the numerous intentionally vague statements in PRs that allow many here to assume nonsense. You yourself applauded when he was replaced for these reasons and others only to do a happy dance when he returned.
Because without Sri we would clearly be larger than Apple right now. The only saving grace is that when Sri came in it allowed Steve to fully concentrate on QMA allowing it to become the roaring success it has become.
That is the mailing address of a mail service.
From the mail service's ad:
"Our Regent Street address can be used as a company registered office and for London mail forwarding. This London W1 mailing address can enhance any company's image"
Clearly the check from Freschfield is in the mail.
"They clearly stated they have a number of offers/opportunities on the table."
Where did they say anything about offers? The way you read the PR's if they said a meteor was about to crash into star park what you would read is QTMM is getting into the space business.
"Potential strategic opportunities" could mean anything. As I and others read it it means they are looking at a sale of the company or its assets or at the very least another offering to raise funds. The way you read it it means they have lots of sales to chose from and they are negotiating to get the best one. Just remember you have been reading the tea leaves here for years and so far your track record isn't the best.
I'll let you know when I see them on Amazon. Though I believe they use dots made by Nanosys, since we haven't sold any.
Unbelievable
Canaccord doesn't negotiate business contracts. They are an investment banker, they sell placements or entire companies. Take off the quantum dot colored glasses. This doesn't have to be taken as bad news, but to see paying Canaccord because we are negotiating a contract is ridiculous. Companies go to Canaccord because they need money, not when they are about the get some.
Canaccord isn't aligning themselves with anyone, in Squires own words the board "has engaged Canaccord Genuity as its financial advisor".
Bringing them in either means an attempted sale of the company in the future or a placement for more money.
"They obviously know the technology and have abandoned Nanoco in favor of QMC. They will bring new investors to the table."
Pure nonsense.
We engaged them in Squires' own words. Meaning we are paying them. If you offer them enough they will work for Trevor's Quantum Dot Company next month. That doesn't mean they abandoned anyone or favor anything. It means they are going with who is paying them.
Usually when i see a company like Caanacord brought in and "strategic opportunities" mentioned at the same time it's a big red flag meaning they are looking at a sale of the company or it's assets. Strategic opportunities certainly doesm't mean review of contracts. If anything comes of this it will be interesting to see if/what other companies value our IP at.