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Just read the latest 10q...
So we still have zero evidence that Freschfield is a real thing, least of all in the form of payments to QMC.
At least now we know why QMA isn't a thing. To my recollection, the fact that QMA would have to put up matching funds to access the $20+m GTG allocated from the Chinese government was conveniently omitted from previous reports.
I'd like to think that if QMC had millions of dollars to spare, they'd access the next $20m buy purchasing more reactors (this should be unnecessary as current volume capabilities are apparently as big as any), selling dots, keeping 100% of the profit, and keeping the IP out of Chinese hands...especially with the current trade issues. It would be a shame to see Iranians buying TVs with QMC's IP inside before we can.
Well, i can see why they were playing those cards so close to the vest...
Also, lets send whoever typed up that 10k to a remedial typing class.
Go QTMM...
well, i've said Freschfield was a sham and i've yet to be proven wrong on that...
otcx jumped right off the ask with one whack. Given otcx's 400k ask and another for 675k that was up at .025 for some while, it would seem some folks either don't want this to move, or they are covering their short position. Squeeze 'em like lemons i say!
Did i miss something? Why is the IoSoft partner AG in the same office suite? Did RJDG spin-off its own partner?
Unknown, but i got the chunk that i sold yesterday back during that .025 dip and a bunch more with the profits :)
Their "product" won't do what they say it can for any amount of time that building owners would accept as a usable lifespan. UV light breaks down Poly Carbonate. The longest warranty on the market I've seen for poly carbonate with a uv barrier is 10 years. By the way, if they found a way to make poly carbonate last longer in uv light, they'd already be rolling in cash. When poly carbonate degrades due to UV light it yellows; could you imagine if the Hancock tower turned yellow every 10-15 years and what the expense of replacing the entire facade would be? I just put Sunpower panels on my house and i'll tell you, the biggest selling point was not the industry leading efficiency; it was the 25 year warranty.
If it turns out that SmartSkinz is real (and not just a name that should have been applied to a condom), i'll eat the crow...then i'll market a line of high intensity uv lights with various shape filters available. Could you imagine the angst of facility managers as dingy looking yellow penis silhouettes start forming on the exterior of their building?
I'm in the building industry, my wife is in the building industry, our friends are in the building industry, my father-in-law is a materials research scientist, none of us think freschfield has a remotely viable product for the building industry.
As I understand it, no American corporation can manufacture in China without a Chinese interest in the company. As far as IP theft goes, sure industrial espionage happens globally, but if it happens on US soil there is recourse through American legal system. If it happens on Chinese soil, well, the Chinese courts have a long history of siding with the thief. I do get how having a partner like GTG can make things more secure, but over all I believe manufacturing in China is unnecessary and a liability.
As to the Money that would come from QMA, no matter how much could come in, it would still less than 100%. As i understand it, it's 50% of the profits from QMA. If QMC can ship the dots from the US, receive 100% of the profits, and have less chance for IP theft, what is the reason for a continuous flow reactor to enter China?
To me, the China deal stank almost as bad as Freschfield until just recently learning about the shipping requirements. If all that investment money for QMA was there I'm sure Squires would have had a picture taken of himself breaking ground at least a year ago and there would have been all sorts of updates to buoy the share price. Maybe Squires was hedging his bets regarding shipping materials from the US and thought he might have to make the bulk in China...or maybe he thought he needed time and the ability to sell shares to fund the development of a dot the market actually wants. Either way, he kept the lights on and now there is nothing stopping QMC from selling dots made in the US...it would seem.
At this point it'd be nice to know if QMC is obligated to put reactors in China at all.
In my view, the cost of shipping materials is nothing compared to a) the 50% of profit (not sales) hit QMC takes from QMA operations and b) the risk of IP theft.
As to the "market introductions" GTG can make for QMC's products, it would seem manufacturers know about QMC. These manufacturers aren't boys at a middle school dance; if they're interested, they'll ask.
If QMC can ship from the US, to me, partnership for manufacturing in china represents loss of revenue and undue risk.
Frankly, i think Squires needed to buy time. When i bought in, part of the reason was the tetra-pod dots they had the license to make. As it turns out, display manufacturers want nothing to do with a dot that emits two colors from one. Who could blame them? Then, the cadmium restrictions. So, as i see it, QMC has had to develop a completely new product from what they were pitching when i bought in. Fair enough, that takes time and money. Also, they needed to have approval to ship their goods, which i can only assume restricts them to a certain limited range of formulation...more time, more money. Do i think QMC now has the product and the means to meet the market? Yes. Do i think Squires is a bit of a weasel that will do anything to survive? Yes, but, while eagles may soar, weasels don't get sucked into jet engines.
Yeah, how 'bout that store... I'm not so impressed by the variety as by the fact that they finally broke from their "perfect pitch-home run only" business strategy. This "Mudvillian" was very happy to see that shift in business strategy.
What could have made this more exciting?
"With the CAS registry and SDS completed we are better positioned to respond to" the "industry demand,” said Toshi Ando, Quantum Materials Sr. Director of Business Development for Asia/Pacific. “Our collaboration partners played a critical role in our ability to complete this process quickly and efficiently.”
"Industry demand" is a nebulous phrase which does not define it as a high or low demand. "The industry demand" would have a much more powerful connotation.
You know, if we're reading between the lines...
For data transmission I always thought it was less about an electromagnetic signal's ability to penetrate and more about its ability maintain cohesion during diffraction while having an appropriate amount of bandwidth for the application. As i understand it, the lower the frequency, the better the diffraction. Sure, Gamma radiation penetrates like a bullet, but doesn't travel for beans compared to lower frequency signals.
I first went down this rabbit hole when i was still in the USCG and looking to buy a piece of land in Maine. I found a couple parcels in Cutler, Maine that looked great online. Upon researching Cutler i found out that, at the time, this tiny town of 500 people was pretty high up on some potential nuclear target lists. Why? because this is where the Very-Low-Frequency radio station is that provides one-way communication to submarines in the Navy's Atlantic Fleet.
VLF is pretty wild; "VLF waves used to communicate with submarines have created an artificial bubble around the Earth that can protect it from solar flares and coronal mass ejections; this occurred through interaction with high-energy radiation particles." One of the big issues with any possibility of colonizing Mars is that it is magnetically dead and thereby has no protection from external radiation; maybe VLF could be a solution.
Investing in QTMM has lead me down many fun rabbit holes, especially regarding the electromagnetic spectrum. A quantum dot's ability to downshift an EM wave has countless applications. This is not new, but i still think it's one of the cooler applications.
Thanks for sending me back down that hole, its an interesting one.
Yeah, you may be able to tell from my past posts about me beliefs regarding the Freschfield "big IF."
Also, i totally agree with China's IP security issues. Here's my favorite example. Though a bit dated it does cut to the heart of the matter; as the Chinese government has interests in Chinese corporations, they are highly unlikely to side with the original IP owner.
If so, then no, the First Freschfield payment wouldn't cover it, but i think the first contract certainly would even at $600k. Per my memory the reactor was $247k, but i wouldn't argue it without going back and finding the evidence to link to which i'm not going to as the point still stands. Plus, like, I trust you man! I totally would have voted for you if you were in my city :)
Finally, the China deal makes a bit of sense. I would imagine that the regulatory powers will only approve set chemical formulas. To my reading, it's only this year that QMC seems to have a market ready formulation, per their releases. If they hadn't come up with that, a plant in China would keep them from being frozen out of the market due to not meeting chemical export regulations while using sub optimal dots and still adapting the formula for improvement. Otherwise, to me it made no sense to risk IP theft in China when they could be exporting from Star Park.
I could imagine that announcing a schedule for QMC's ability to export could have hurt negotiations during the founding of QMA as the Chinese end would be relying on QMA to carry the larger market share.
So IF the China deal was ever a legitimate enterprise, i could imagine that this news is pretty upsetting on the Chinese end because it would now appear that there is no reason to put plants in China because the cheap labor is offset by the efficiency of QMC's IP and now QDX can be shipped directly from Texas. One contract should easily provide the capitol needed to double star park's capacity again...or, as we figured out years ago that the price of the big reactor was around $250k, the first Freschfield payment could do it too...IF Freschfield was a real thing...
Yeah, that's new this week; I've been checking. They were otcqb last week, with a "delinquent" status.
To me this says that either something huge is just over the horizon and they couldn't care less about their OTC listing status/grade...or QMC is up s*&^'s creek with a turd for a paddle.
I'm actually surprised Squires let this happen. Is there some sort of listing downgrade clause in their agreement with their malicious lender? Time for an update Mr. Squires.
Over 58 million on the bid, under 24 million on the ask, time for this to move up!
go OCLG
Did Herman Cain just buy in with those 999,999 shares? HA! Now that guy was a hilarious presidential candidate.
Go OCLG
Right? I figured this was dead in the water; now i'm actually excited!
Go OCLG
$1,145,178 in gross profits for 2017. After so long of a silence this is way better than i expected!
Holy cow! financials of any kind from OCLG!
Wow, what's up with OCLG? have some volume!
Taking the fun right out of this aren't you? The quote in the shareholder's letter:
Second!
We have the dots, just not the numbers to connect them by. We may get a share holder update saying "No, no, no, you morons, it was supposed to be a picture of a rubber ducky!"
Remember this old chestnut?
Yes, i realize the mention of the chemical company was at the end of a paragraph about film.
As always Sir, you are accurate; he did say that they were in talks with arguably one of the world's largest chemical companies...To me this clearly means Exxon Mobile. Last i checked, Exxon Mobile has more than four times the revenues of Dow and "arguably" (seriously, try to counter the argument that Exxon mobile doesn't deal in chemicals), their products are chemicals...BAM! ZIP!! QTMM straight to the moon!!!
Since they're manufacturing a film with QMC's QDX dots, ah-doi!
Disclaimer: There is no solid evidence that QMC has even spoken with Dow Chemical. This post is entirely facetious. Having properly used the word facetious in a sentence, i'll be going back to bed now.
Oh god, he doesn't think we're the malicious lenders does he?!?! Seriously, how low is he going to let this go before issuing the k&Q? Is there really going to be anything so shockingly bad to report that becoming current on filings won't help?
Yeah, QMC's capacity should be very easy and quick to ramp up, but they will need some market share to justify it. QMC's scale-ability might not matter if demand is suppressed by adequate dots manufactured by legions of batch workers. How long can a company exist without selling products? Let's hope Steve gets his feet in a couple of doors before QMC goes bankrupt and Nanosys rules the landscape with their Cadmium free dots (another take away from that article's footer) and buys QMC's IP at the annual star park yard sale.
Neat, but my take away was Nanosys being able to make "25 tons of quantum dot materials" vs QMC's stated 4 Tonnes (4.409 tons). The Russians didn't win WWII with technology, they did it with wave after wave of human sacrifice...
very valid, but do you see what i'm talking about regarding the chart's repeating pattern over the last 3 years and the news releases? Can anyone really name another reason why the K and Q are sO late without listing gross incompetence or other malfeasance? Doesn't it seem like holding back those reports to stick it to a lender (the given excuse) is dirty pool in and of itself? How could that not lead to a lawsuit?
Anyhow, i do still predict this dips into the mid to low .06's and then BAM!! The hot juicy details of the reports like, "$.35 found in star park coffee machines boosts QMC revenues to unprecedented levels! and Newfaice enterprises, a completely unknown company in their industry, agrees to use QMC dots in their proprietary overunity device which is made of revolutionary versions of old materials that could never do what they say they can, but now they can! Without any papers even being written on the base materials!" and the price goes back to double digits.
well, it might be time for me to add. Looking at the repeating pattern over the last three years i wouldn't be surprised if this drops to .065 before the k and q come out. I think there is likely to be some good news / numbers in the reports; it could be thought that dropping them at the same point in the chart pattern will give the price an extra boost.
Easy, lets not break our glass house; i just invested a lot in squeegees and glass cleaner. Considering that Dow seems to be at the same point as QMC in the commercialization game, one might argue that QMC has apparently had nothing but abject failure with QMC's technology.
Regarding "Nanoco's" ability to ramp up production, maybe that's why they are getting their Runcorn dots into films and Dow hasn't been able to move their Korean made dots. Quality control has never been the biggest selling point for overseas manufacturing. Granted, i'd buy a Hyundai before a Chinese car (if there was one on the US market), but Hyundais are still lunchbox-tinker toys compared to Japanese, American, and European cars. It will be interesting to see if Merk keeps their manufacturing of Nanoco dots in Germany and if so, will they have better luck selling them.
As to the "blah, blah, blah," if you've been on this board for more than a week, you know the merits of QMC. That's why I invested here years back. It seems that rather than engage in a conversation, many here just want to pepper curious minds with the merits of QMC. So when I make a post, i try to fend off those responses by illustrating to some degree that i know what the QMC IP is, and I'm sick of being peppered with it in responses without any other useful insights. Picture this, a guy who's good looking, and well endowed, and drives a nice car, but he doesn't know how to listen, doesn't focus on the needs of his partner, and is just over all boring. Him saying "but i'm hot, I have a nice car, and look at the size of this!! Why won't you go out with me?!?!" Sounds like Blah, Blah, Blah to me.
So yeah, according to what QMC says, they have what it takes. I believe they now can make the dots the industry wants, in quantity. So what is interesting to me is how they move forward. Looking at other companies' successes, failures, and everything in between gives us some idea of where QMC could and or will go and that, to me, is interesting fodder for discussion. Sitting around going over the same old bullet list is akin to those three guys from the small town that never left and talk about that one high school football game over and over again. Once you've heard it the first time, you've got it. The second time you hear "Blah, Blah, Blah," and eventually you ignore them completely.
I don't tend to post unless asked a question, i believe i have a different way of looking at the evidence, and or i've found something i believe to be worthy of discussion. If you're (not Trevorbc specifically) interested in the conversations i try to start, great! Let's talk! If not, don't reply, or at least don't react like i made a pass at your wife.
OOMPH! Jeeze...you got me * wheels and collapses from a devastating blow*
I thought talking about the industry, the companies involved, and the paths to commercialization they are taking was an interesting topic with regard to how QMC will proceed in the future.
I don't own any Nanoco; i'd have to look up how to even buy on that exchange. I can see however why someone new to the QD world would choose to invest there though over QMC as they are further along in the commercialization of their product (despite it being inferior to QMC's, more expensive to produce, blah, blah, blah).
As most on this board, i feel that the first big inroad to big revenues (yes, i know solar and lighting will yield bigger revenues) is the display industry. Someone pointed out the timeline between nanosys' collaboration with Hitatchi and production of a TV being a year. That's good info for us as it might give we QMC investors an idea of what to expect should QMC announce a partnership with a named company to produce film.
Seeing that Dow is at relatively the same point in the display game as QMC should be positive news for QMC holders. Knowing that their product, which is the same that has been picked up by a film producer via Nanoco, is still being reviewed by the industry says to me that QMC does have a really competitive product, otherwise why wouldn't manufacturers just go with the big known entity and get it over with? Sure, SAABs from the late 1980's go for 200k without breaking a sweat, brought the turbocharged gasoline engine out of the grave that GM and Chrysler dug for it, were some of the safest, and most fun cars to drive, but back then why would consumers go with an all but unknown manufacturer? Those that did, ended up with a fierce loyalty that was well earned by superior products. Samsung is the QD TV company right now; they make their own dots. All the other companies have to be shrewd in who they choose, do they go with the GM/Ford/Chrysler of chemicals, or do they go with the much lesser known SAAB-esque company with a better product and price point (although i hope QMC doesn't give their product away like SAAB essentially did which lead to their demise despite GM cost cutting measures...).
Yeah, i've referenced articles that are not today's news, doesn't make them any less true does it? I'm not looking to promote other companies with hot new news revelations in their favor, just discuss the industry, its workings, and how it will relate to our investments.
Thank you for the Nanosys link, that's good industry information.
*Get's up, brushes the dust off, and walks up to the QMC bar hoping they have some fresh squeezed lemonade in the 10k rather than the bug-juice so many seem to be satisfied with.
It does make me feel a bit better that Dow is singing the same "ramping up sample production / sample request increase" song as QMC. that's the most reassuring thing i've heard for QMC this year.
I'd wager that its not Dow, but BASF. As a supplier to the display market without a quantum dot product to offer, i bet they want in.
Sure, Dow might want another source, but they have a fair chunk of change wrapped up in their current QD operation which has yet to bear fruit. Look at LG, marching on with OLED. I'd wager a large part of that decision was based on how much they have recently invested in OLED manufacturing, not that Samsung is wrong and QD isn't good tech.
The argument of "then why hasn't Dow sold any dots if they can make so many and they are so good" is the same for QMC. The fact is, Nanoco has their dots (from Runcorn) in a film made by Wah Hong which multiple display manufacturers have put in screens and shown at CES. There's no saying their tech doesn't work, just that it in theory is more expensive.
We all know the merits of QMC's tech (so then why haven't they reported massive revenues!?!?). Kool-aid doesn't taste any better from a fire hose, raining from the sky, or in the form of a tsunami.
Anyhow, given the state of international relations, Chinese TV's may soon be the only ones on the market. If North Korea truly wants to hurt America, LG and Samsung factories will be the first craters made.
Page 13 of this makes it seem as though Dow/Nanoco are in the the exact same boat as QMC.
Page 15 states that the Runcorn facility is supplying Wah Hong, their film partner.
I saw the March 2016 date. My take away was that the Trevista dots are based on Nanoco's cadmium free technology. It would not surprise me in the least if Nanoco brought a nice shiny new baseball to the sand lot and the big kids said "come play with us," took the ball and sat Nanoco in right field.
So what would Dow want with QMC? Dow has dots they claim are great and they claim to be able to meet industry needs. That's the conversation i'm interested in as everyone went all apey about the "arguably the world's largest chemical blah, blah, blah" quote.