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Clearly your brain waves and mine are not aligned.
You asked:
I meant it was obviously stated in the PR today. But no, it hadn’t previously been stated directly.
They mention business processes in the August 15 press release, but that's quite vague. I think they are referring to client business processes.
https://cdn2.hubspot.net/hubfs/5830511/Website%20PDFs/Quantum%20Materials%20Corp%20Acquires%20Blockchain%20Technology%20-%20Final.pdf
They also talk about it in the September 25 press release.
Good assumption.
Definitely stated as one of the uses.
I, of course, feel your pain when I look at current value. I'm in the red multiples higher.
But, this past year's developments seems to be a turning point for the company. Granted they continue to fall short on communication of status of the business: displays, Assam, etc.
The QDX Ledger does have my full attention as the market for anti-counterfeiting is so large. Just a small entry into this market for QMC could yield big rewards for us. With a market of over a trillion in counterfeit goods, less than 1% of market capture would yield significant revenue for QMC, maybe even into the billions in a year or two if their product is that revolutionary.
https://www.thomasnet.com/insights/counterfeit-product-risks-what-you-need-to-know/
I also believe that the lead time to perform proof of concept is much shorter for using qdots (already developed and available by QMC) as a physical key. The part that may require some further testing is the mechanism to attach the qdots to an item. The block chain part seems to have already been ready and would only need some code adjustments to account for scanning the qdots/item and adding it to the ledger.
Didn't you just correct me last week that Philip Morris USA isn't the same company as Philip Morris International (PMI)? ;)
I’ve seen plenty not use interim in their title during normal course of business. Interim is sometimes just an informal internal naming. Maybe his just being fully honest even though the company gave him the full title publicly.
If he brings business to QMC and they have steady revenue, why would it matter if he moved on at some point?
Why are you making a stink about interim?
How many organizations have you worked? You haven’t seen interim managers, CEOs, or presidents?
Most of the time it’s because someone leaves or dies unexpectedly and they take one of the other leaders and assign them to the role. That persons may or may not be a good fit or really doesn’t want the gig long term.
The point is we have no clue why he was interim. Maybe you should ask him on LinkedIn. He’ll either tell you or tell you he has a NDA because the change was confidential.
What I see in his profile is someone who successfully helped develop multiple small companies into successful ones. He appears to like the early phases of company development and growth and likes to move on after it’s up and running.
Hopefully, he’ll be making QMC successful soon.
Lol! I believe those were my words. But it really was lack of knowledge on the object and resolution as the problem.
Did nothing of the sort. I acknowledged that I didn’t know what it was. I don’t deal with chemical equipment and haven’t had a chemistry lab in two decades.
Lack of knowledge on objects doesn’t say anything about visual acuity. Nor does display definition for the computer that I was viewing the photo.
I also can’t use the Google Earth software since I primarily use my phone or work computer (which can’t have new software installed).
Not sure about the accuracy of the date from Google Earth. Clearly the photos from locals posted on Google show construction of 3-4 buildings in progress. A couple of them are several stories tall already.
The Google Earth photo you posted doesn't really look much different than the March 2019 image on Google Maps. From the altitude and angle you can't really tell if there are multiple floors on those buildings or if it's just foundation.
As I just posted, read my first post on the subject. I didn’t say anything about who owned what. You inferred and I made error in searching for a reply. Oops! Too busy with my real world responsibilities to spend time debating trivial items with you.
Glad you have so much free time. The rest of us don’t.
I didn’t say that PMI owned Juul either in my original post. I posted links to current news related to smoke free products with counterfeiting issues.
The most recent news happened to be associated with Juul.
You initially inferred I was assigning ownership. I replied in error with ties to Juul. My bad on making the error, but you were in error with your initial assessment and point of my post. Enjoy owning the stock if you still do!
Just pointing out that you love to twist peoples comments. The point of my post was tying smoke free products to counterfeiting issues. But keep wasting your time on what you view as sloppiness! Bravo! You’re so good! Kudos to you!
Ridiculous. They clearly were at one point and spun off. As if they don’t share the same branding.
You’re arguing semantics to avoid my point that there was different market, beyond auto, in attendance at the conference. Nice redirection!
History lesson on Philip Morris
https://en.m.wikipedia.org/wiki/Philip_Morris_International
Dance monkey dance - my son loves that song.
PMI is in smoke free products.
https://www.pmi.com
Altria is the parent company of Philip Morris. As you pointed out, Altria owns part of Juul which is struggling right now. Therefore, Altria likely has a financial incentive for the counterfeiting issues to be fixed.
The reason for my post was to state that it wasn't necessarily all about automobile parts at the conference. In fact, the LinkedIn post specifically mentioned tobacco:
Good observation. Maybe those taking profits off the 100% two week swing from the low of 0.0265 on 9/23 to 0.054 on 10/7 are done.
You called out the motor industry participants at that conference.
You neglected a major world player in attendance, Phillip Morris International (PMI).
https://www.missionwinnow.com/
What is one of PMI's biggest products and issues today?
https://abc7chicago.com/counterfeit-vaping-pods-seized-from-indiana-store/5619104/
https://www.wsj.com/articles/vapings-black-market-complicates-efforts-to-combat-crises-11570354204
https://www.latimes.com/business/story/2019-09-25/juul-labs-ceo-kevin-burns-is-stepping-down
https://www.google.com/search?q=mo+ticker&rlz=1C1GCEU_enUS864US864&oq=mo+ticker&aqs=chrome..69i57j0l7.1214j0j4&sourceid=chrome&ie=UTF-8
There's plenty of news on this counterfeiting issue, just Google it.
You’re assuming that Assam didn’t pay. They did PR the first payment, but I don’t necessarily think it was necessary for second or subsequent payments. Granted we haven’t seen a shareholder letter in a long time that should have provided status of the deal.
Also, isn’t there a threshold of being on the board for form 3s or a certain percentage of holdings for those that finance by taking shares?
How much was the sale price, $675k.
QMC did have funds supposed to come from India.
Misinterpreted;)
Pumping and dumping would require company officers to be selling and SEC filings to boot.
Why is see is typically stock market behavior. People buy on news and momentum as a stock goes up. When it peeks and starts to decline, people start selling and taking profits.
Even at 4 cents, those that bought at 3 cents 3 to 4 weeks ago are reaping 33% gains.
I guess we’ll see facts and not speculation on the 10K next week. At least up to June 30.
Ok, you got me.
That, I believe, was their first revenue from the deal. So announcement of initial revenue from a multi-million dollar deal is significant. Payments thereafter are normal course of business and, in my opinion, should be reported quarterly as any other company does.
We don't know if QMC received the other half of the licensing fee. Personally, I don't think $500,000 is worth a press release.
You usually see payments on the books not in press releases.
Under SEC rules, they'll have until next business day, Monday end of business.
DISPLAY DAILY 19 hours ago
A Fish Out of Water at the OLED Summit 2019
It’s no secret that OLED and QLED have battled head-to-head for the past few years for the top spot in display technology. Last week I was one of the few quantum dot representatives at the OLED World Summit 2019 held in San Jose. While I felt a little bit like a fish out of water, it was a welcoming crowd and I learned a lot (and hopefully was able to educate the OLED community as well). Here are 4 of my takeaways from the show:
Flexible/Printable OLED is gaining momentum
We all know about the various flexible mobile phones that have been introduced and re-introduced in the past year. You can debate all day long whether the impending flexible wave is necessary or not, but the fact remains that there are plenty of electronics companies working on these devices, and plenty of scientists developing new materials to make these devices better/cheaper.
In a future world it would be ideal to print displays like newspapers, on a roll-to-roll (R2R) process on either flexible ultra-thin glass or on plastic. But in order to do this some of the materials are going to have to change. It’s still expensive and wasteful to evaporate OLED materials onto substrates - flexible or not. There were some excellent talks on progress using printable OLED inks. Kateeva is looking at printing OLED devices and quantum dot materials in hopes of leveraging their ink-jet printing platform for next-gen displays. Industrial Technology Research Institute (Taiwan) shared a custom facility with a combination of evaporative steps and printed layers to achieve OLED lighting panels on a R2R process. Professor Choi from KAIST shared some incredible developments in OLEDs and solar cells on fabrics that can withstand washing machine cycles and remain functional (a necessary feature if wearable OLED is really going to take off). An impressive result he also shared was their progress on OLED fibers that can be woven into clothing.
While not present, there were many mentions of the company Joled which has made fully functional displays (computer monitor-sized) in the past using printed OLED materials. Fully printed OLED displays of this type would cause a paradigm shift in the OLED supply chain and manufacturing. (they continue to be released EIZO Releases Its First Limited Edition 21.6-inch OLED Monitor for Private Entertainment of 4K and HDR Content - Editor)
Blue is a bottleneck
For materials to emit blue light, energy needs to be pumped into the material at higher levels than for red and green (blue wavelengths are higher energy than other visible colors). This means that not only does the emissive material need to change, but the adjacent materials as well. It’s not trivial to make a blue emitting OLED of the proper color, and even less trivial to make it efficient and long lasting. Both Cynora and Kyulux shared their strategies and struggles with producing the right blue with appropriate stability for commercial applications. In the end, something has to give – color, efficiency, or lifetime. The trifecta is still a challenge to realize.
OLED Lighting is still looking for the “killer app”
It was amazing to see all of the design concepts for OLED lights in offices, airplanes, cars, even on clothes. OLEDWorks and Acuity shared the spotlight for one presentation showing some unique designs and spaces where OLED lighting could really make an impact. The differentiation here was the design, light uniformity, and aesthetics of the fixture. It is tough to make a case for OLED lighting specs to beat LEDs in many categories, so the highlights tend to be the novel designs enabled by OLED. In one implementation they combine LED up lighting with OLED down lighting, presumably to capitalize on the design freedom of OLEDs and mature technology and efficiency of LEDs. While these lighting products look impressive, they remain niche products, in part due to the continued decline in the cost of LEDs.
Another niche implementation is the use of red OLED in car taillights. Audi spoke about the success they have seen in this implementation in two of their models, which they hope to expand in the near future. Again, here the major benefit is the new design/look that can be achieved with OLEDs that are difficult to do with LEDs. While current designs are fairly simple and contain an array of <10 OLED pixels, future design options are really exciting, including a larger array of dozens of small triangular shaped OLEDs so that the tail lights can be a “display” of sorts. In this strategy, tail lights could share information like a caution triangle, or various patterns to alert other drivers the vehicle is in autonomous mode. Audi claims the demand was way higher than anticipated for these taillights, so they had to up their capacity and find new OLED suppliers to meet the demand.
Boeing presented a unique future in which a plane had no windows, only OLED illuminated sky above the passengers, complete with clouds and sun, or a starscape at night. There are various other implementations of OLED lighting and displays in planes, but I thought the windowless airplane was the most unique. And apparently there are real implications in fuel economy and weight if customers will tolerate the lack of natural light and are willing to forego the view of our planet from 30,000 ft. Not sure I’m ready to fly in a black box yet.
All of the very unique (but low volume) applications tells me that OLED lighting is starting to find it’s niche, but has yet to discover the “killer app” for this technology. OLED displays found this in mobile a few years back, and now is commonplace in our pockets. But I’m guessing very few of us see an OLED lighting module on a regular basis (unless you drive an expensive Audi).
QLED and OLED continue to collide
The OLED Summit invited two (potentially) competing technologies to the conference - QDs and microLED. From the microLED side, Plessey shared their progress on monolithic microLED displays. They rely on QDs to achieve full color using blue microLEDs.
In a workshop that preceded the conference, I spoke about the trends in electroluminescent QLED (EL-QLED) as well as unique photomedical applications of QLEDs and OLEDs. The team at Fraunhofer IAP shared some of their progress and challenges in realizing Cd-free EL-QLED.
Nanosys presented their work with LG on EL-QLED. They continue to improve performance and should catch the attention of those working on OLED printed displays. High efficiencies (>>10%), excellent color purity (now commonplace for QD technology), and consistently improving stability were some of the highlights. A special highlight for me was the progress in blue EL-QLED devices. Only a year ago there was virtually no Cd-free blue EL-QLED data available, and now lifetimes >100 hours are being reported with Cd-free blue QLEDs at 450 nm and peak widths <30 nm.
Although it was not a focus of any presentations, QD-OLED was mentioned by many speakers and in many networking discussions. Rumors about this approach have been floating around for years but the challenges in full blue conversion, blue OLED lifetime, and light management have resulted in delays to commercialization. I wrote on this topic in a past DD article found here.
Summary
OLED technology continues to impress customers with its excellent black levels, thin form factor, and flexibility. There are a lot of innovations still to come out of this community but leveraging the advantages of QDs could be key to realizing displays of the future. Thanks for welcoming this fish to your pond OLED community, I look forward to next year’s event! PP
Peter Palomaki is the owner and chief scientist at Palomaki Consulting, a firm specializing in helping companies solve big problems at the nanoscale. His utilizes his expertise in quantum dots and materials chemistry to solve challenging problems with clients large and small.
peter@palomakiconsulting.com
www.linkedin.com/in/ppalomaki
@nanopalomaki
https://www.displaydaily.com/article/display-daily/a-fish-out-of-water-at-the-oled-summit-2019
OCTOBER 8, 2019
Modified quantum dots capture more energy from light and lose less to heat
by Los Alamos National Laboratory
Doping a quantum dot with manganese (right half of graphic) speeds the capture of energy from a hot electron to 0.15 picoseconds, outpacing losses to phonons in the crystal lattice. Credit: Los Alamos National Laboratory
Los Alamos National Laboratory scientists have synthesized magnetically-doped quantum dots that capture the kinetic energy of electrons created by ultraviolet light before it's wasted as heat.
"This discovery can potentially enable novel, highly-efficient solar cells, light detectors, photocathodes and light-driven chemical reactions," said Victor Klimov, lead researcher on the Laboratory's quantum dot project.
In standard solar cells, a large amount of sunlight energy is wasted as heat. This waste occurs due to the lack of effective approaches for capturing kinetic energy of 'hot' electrons generated by photons in the green to ultraviolet portion of the sun's light spectrum. The problem is that hot electrons lose their energy very quickly due to interactions with crystal lattice that the devices are made of, leading to vibrations known as phonons. This process typically occurs in a few picoseconds (trillionths of a second).
Previous efforts to capture hot-carrier energy have exploited the transfer of kinetic energy from the energetic hot electron to an immobile, low-energy electron exciting it to a current-conducting state. This effect, known as carrier multiplication, doubles the number of electrons contributing to the photocurrent which can be used for boosting the performance of solar cells. In most conventional materials, however, the energy losses to phonons outpace the energy gains of carrier multiplication.
In their study published today in Nature Nanotechnology, researchers demonstrate that incorporating magnetic ions into quantum dots can greatly enhance useful, energy-producing interactions so as they become faster than wasteful phonon scattering.
To implement these ideas, the researchers prepared manganese-doped quantum dots based on cadmium selenide. "The photon absorbed by the cadmium selenide quantum dot creates an electron-hole pair, or an exciton," said Klimov."This exciton is quickly trapped by the dopant creating an excited state that stores energy much like a compressed spring. When the second photon is absorbed by the quantum dot, the stored energy is released and transferred to the newly created exciton promoting it to a higher-energy state. The energy release by the manganese ion is accompanied by the flip of its magnetic moment, known as spin. Hence this process is termed spin-exchange Auger energy transfer."
An intriguing observation of LANL scientists was the extremely short time scale of the spin-exchange Auger interactions—around one tenth of a picosecond. To their surprise, these interactions were quicker than phonon emissions, which were generally believed to be the fastest process in semiconductor materials. To prove that the new effect could beat phonon-assisted cooling, Los Alamos researchers demonstrated that properly designed magnetically doped quantum dots allowed them to extract a hot electron created by an ultraviolet photon before it loses its energy to heating the crystal lattice.
These paradigm-shifting findings open exciting opportunities for exploiting spin-exchange Auger processes in advanced schemes for boosting the performance of solar cells or driving unusual photochemical reactions. Interesting opportunities are also envisioned in areas of high-sensitivity, high-speed light detection and new types of light-driven electron sources.
https://phys.org/news/2019-10-quantum-dots-capture-energy.html
I’ll take up 1.5 cents (50%) in two weeks.
You’ve got better eyes than I. I couldn’t make out what it was.
Looks like they mixed qdots into some material that was made into a part. I can’t tell whether it’s car part or tobacco product related.
The post said they were showing it to tobacco and motogp giants.
At least on big Moto would be Ferrari in Italy to my knowledge.
I don’t know what tobacco product company is in Italy or neighboring countries.
Thanks for info.
Could they be trying to see if they can get Weaver to testify they were asked to resign by QMC?
I can’t think of another reason to subpoena the former accounting firm except to try and bolster the default claim that QMC didn’t consult L2/SBI before changing auditors.
Can’t recall, was Weaver the old firm or new firm?
Agreed. I guess no one noticed the 350k as 700k sitting on the level 2 ask right before that buy.
Someone was offering two large chunks. Just looks like someone took their offer.
QDX is a live trade mark for QMC, is it or is it not?
I stated that QDX was active for QMC again. I didn’t say anything about an old application. In fact I listed the new serial number.
Who gives a flying f&$k whether it’s an old application or new one!