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San Marcos Texas, June 13, 2019 (GLOBE NEWSWIRE) -- Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp, (OTCQB: QTMM) announced today that it has received orders totaling $1 million for two high volume quantum dot production systems. The $1M order has been placed by Amtronics LLC and has been secured with a letter of credit issued by Assam Electronic Development Corporation Limited. The two systems are scheduled to be delivered to Amtronics LLC on or before June 30, 2019 and will be deployed at the Quantum Materials Corp’s licensee’ new Tech City site in Assam India, currently under construction with a target completion date of November 2019.
What is the ruckus about? Every one should read between the lines:
The money secured by Assam has been cashed in from the bank and the the two systems are scheduled to be delivered to Amtronics LLC on or before June 30.
If the money has not been cashed in, it would has said:
The two systems are scheduled to be delivered to Amtronics LLC upon receiving the payment through the execution of the Letter of Credit.
I think staring in July QMC scientists will be going to Guwahati tutoring from basics to expertise to the Qamronics employees in the Institute of Information Technology building. The employees will be like attending classes in school 8 hours a day for 3 to 6 months. There will be cost of tutoring materials involved. They will learn basics like what is quantum dot, chemical reactions in semiconductors, correlation between chemical reactions and temperature, quantum mechanics, principles and design of quantum dot solar cells, quantum dot solar film material science, principle and design of QD solar film printer, QD solar film printing technique, principle and design of of QD display panel, principle and design of quantum dot LED, equipment maintenance and repair, Statistical Process Control ..............
The Qamronics employees have to be experts before they can actually operate in the production environment. When the production facilities are fully operational in November, the employees will be trained in the operation of equipment, production process, control and monitoring and the employees will apply what they have learned and assimilate knowledge empirically.
That is how millions of training and consulting fees are generated. So 2019 Q3 and Q4 will show revenue as well.
Sales of reactors, training and consulting services .... QMC will earn $7-$10 millions from all these activities in 2019.
Intel Corp's IPO was $23.50
https://www.google.ca/search?source=hp&ei=OUAIXZfJF9CQ_QaT87PQCA&q=intel+IPO+PRICE&oq=intel+IPO+PRICE&gs_l=psy-ab.3..0.10668.16810..17132...9.0..0.110.1827.23j1......0....1..gws-wiz.....0..35i39j0i131j0i22i30.-r9UK7R0LKU
If Nanosys will go public one day, it's IPO will probably be at around that price.
The reason for such rare opportunity in QMC is because QMC started life as a junior mining explorer with share price in the penny status. Merger with Solterra Renewable Technologies to form QMC kept share price as was.
Try to find another publicly traded quantum dot company with share share price under 10 cents.
As QMC enters the "Revenue Phase", share price under 25 cents or under 45 cents will soon be history.
There will NEVER be another opportunity like QTMM in the quantum dot sector, NEVER.
With the potential of QMC, it does not need promotion. QMC is a sleeping giant, when the sleeping giant awakens, the world trembles.
Like Stephen said share price does not reflect the company's true value, only sustainable revenue will. Without revenue, any OTC listed stock is a high risk investment, continuous down trend towards 0.000001 cent in many OTC listed stocks corroborates such risk. Bio-medicine stock is a very long term investment with uncertain outcome, it is a big gamble. Once I invested in a bio-medicine company doing research on cure for prostate cancer, after years of research, it came up with a drug that seemingly worked on a fraction of patients but the drug never got approval by FDA, its share price dwindled to pennies and eventually bought out by another one for nothing, its investors who bought the stock at high prices lost everything.
Invest with confidence, certainty and with faith by not blind faith, investment should not involve gambling on the future outcome. The chance of a breakthrough discovery in bio-medicine sector is like hoping to hit the multi-million jackpot in a lottery. Charts are not only historical record, they do predict the future, one picture is worth a thousand words.
Exactly. It also means the arduous long wait of shareholders is over.
An uncontrollable forest fire is ignited by a spark. Stephen said the operation in India is a spark that will propel QMC's exponential growth through global franchise.
Expect a stream of news on the progress in Qamronics's construction in the months ahead and anticipate video of Stephen in India attending the opening ceremony of Qamronics's quantum dot production plant in November or December.
It doesn't matter if any consultant fee and training fee has started, it will show up in the coming 10K. The 10Q for 2019 Q1 is history, the next financial report is the Annual Report 10K due on September 27, it will report:
Revenue for 6 months ending June 30 (2019 Q1 + Q2) is $2 million or higher if training/consultant fee has started as compared to $8,200 in the same period in 2018 (2018 Q1 + Q2)
QMC has officially entered the "Revenue Phase". So our share price should not be in the pennies anymore. That explain the bullish chart formation, may be it anticipates a graduation to NASDAQ.
MM/investors are not so sophisticated about the LOC, they want to see a PR saying "we have received the remaining $500K fee and the full payment of $1 million for the reactor order".
I think you are right that LOC is as good as cash and there is no restriction. Big E's posting on definition of LOC and the conditions associated with it is not applicable in our deal with Amtronics.
Alright, we are all set, the ignition button is in Stephen's finger, he can press it anytime by releasing the "money received" PR.
Of course the $500K has to be paid first before payment for the reactors, else the deal would not be effective as payment for the $1 million upfront fee is in the Agreement. If LOC is as good as cash, then Stephen has already cashed in the $1.5 million ($1 million for order and $500K for the fee) and a PR should be out any day now to announce receiving the money, then ... lift off.
Stephen said the reactors will be shipped out end of June, so shouldn't the payment be received by next Friday or June 30 before they are shipped out?
"fail break" phenomenon, if this week is another "Inside week", the breakout will be even more explosive. Payment has to be received before next Friday or before June 30.
The 3-month H&S pattern looks like a time bomb ready to explode.
All systems go ......
http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=QTMM&uf=0&type=2&size=2&sid=4700466&style=320&freq=2&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=1338907045&compidx=aaaaa%3a0&ma=0&maval=9&lf=32&lf2=2&lf3=1&height=553&width=579&mocktick=1
http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=QTMM&uf=0&type=2&size=2&sid=4700466&style=320&freq=2&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=9&rand=946453249&compidx=aaaaa%3a0&ma=0&maval=9&lf=32&lf2=4&lf3=2&height=553&width=579&mocktick=1
May be OTC loves QMC, it wants QMC to stay in OTC for good. OTC management does not want share price to surge over $1 under "promotion" because then QMC will leave the OTC high school and head for the NASDAQ university !
The "Letter Of Credit" myth is mind boggling, why it has to be so complicated, what are the "conditions" that must be met to get paid? Why don't they just wire the money to QMC's bank?
Will us have problem in receiving any of the money in the $7-$10 million package in the future? QMC better has a prominent international lawyer to safeguard its right and interest. May be Stephen needs to require 80% deposit for the $7-$10 million package first before shipping the reactors.
Tariff is government cash grab, it is windfall tax that goes into Trump's pocket. Consumers pay higher prices for the imported goods due to the tariff, so in effect, it is government imposing extra tax on its citizens.
I don't want to spend $75 for nothing.
~~~~~~
Alright, Qamronics will has 1.354 billion customers to support our royalties.
PR this week announcing receiving $1.5 million revenue, also INSIDE WEEK last week, explosive price movement this week on the PR, may be on Wednesday June 19.
http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=QTMM&uf=0&type=2&size=2&sid=4700466&style=320&freq=2&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=9&rand=946453249&compidx=aaaaa%3a0&ma=0&maval=9&lf=32&lf2=4&lf3=2&height=553&width=579&mocktick=1
Share price under 10 cents will be history shortly after the PR.
Year-to-date U.S. trade deficit with top 15 countries (in US$billion)
Rank__Country___Trade Deficit
=============================
1 ____China -106.9
2 ____Mexico -30.8
3 ____Japan -25
4 ____Germany -21.2
5 ____Vietnam -17.3
6 ____Ireland -16.1
7 ____Italy -10.9
8 ____Switzerland -8.3
9 ____South Korea -8.2
10 ___Malaysia -7.9
11 ___India -7.7
12 ___Taiwan -7.2
13 ___France -6.7
14 ___Thailand -6
15 ___Russia -4.2
Year-to-date total Trade Deficit with top 15 countries: $264 billion
Can't blame Trump's trade war with the world, U.S. monthly trade deficit with the world was increasing and hit nearly $61 billion last December, with the trade war, U.S.'s world trade deficit has reduced to $50 billion and appears will reduce further. China is the main culprit who caused the global trade war, annual trade deficit with China is still at US$300 billion, it was as high as $600 billion during the economic boom in the last decade before the 2008/2009 financial crisis, since then the deficit has dwindled to $300 billion.
The reactor is only a one-time shipment, trade war with India will has no negative impact on our licensing deal.
https://www.census.gov/foreign-trade/statistics/highlights/toppartners.html
https://tradingeconomics.com/united-states/balance-of-trade
In 2014 Q1 the company made 2 trenches of equity financing totaling $1.05 million for the acquisition of the 2 micro reactors (one has annual production capacity of 2 tonnes, one has 1/4 tonne). So the cost per reactor was around $500K.
$1 million for Amtronics's 2 reactors (assuming they are of the same size as QMC's) is really rock bottom cost and the company does not make any profit from it. But it is ok because the company will earn $7 to $10 million this year from all the activities. We should not take advantage of our important licensee/business partner for India is the spark that will propel QMC's exponential growth through global franchise.
QMC cannot ship out the reactors without first receiving payment for the order. Very likely there will be a PR next week announcing receiving payment for the reactors and the remaining $500K fee. I think Amtronics will pay 100% for the reactor to avoid the hassle of making multiple payments (80% payment on order, balance paid on delivery) in such a short time frame.
I always remembered that news, there are many big and rich investors worldwide looking for potential company to park their money for long term investment and for future dividends. I can't imagine the impact on share price when share price rises over $1 and Canaccord starts loading up shares on behalf of its clients.
5++
Quantum dot market forecast
https://www.mordorintelligence.com/industry-reports/quantum-dots-market-industry
https://www.marketwatch.com/press-release/quantum-dot-market-is-anticipated-to-reach-us-320-billion-by-2024-2019-04-22
https://www.globalindustryjournal.us/137127/quantum-dot-and-quantum-dot-display-qled-market-survey-2019-global-status-by-ocean-nanotech-quantum-materials-corp-qdvision/
https://www.google.com/search?source=hp&ei=POwFXdb1GMPH5gKp6JfgAg&q=quantum+dot+market+forecast&oq=q&gs_l=psy-ab.1.0.35i39l2j0i67l8.1117.1117..2872...0.0..0.598.777.0j1j5-1......0....1..gws-wiz.....0.1-R7uhz_3M0
Certainly it will happen. An uncontrollable forest fire is ignited by a spark and the operation in the Tech City is that spark.
The licensing deal in India is a spark that will propel QMC's growth exponentially through global franchise.
OTC is the graveyard for deadwood stocks majority of which trend downward towards 0.000001 cent, but OTC is also a nursery for future blue chip stocks.
No diligent and stoical research, no wisdom in decision making, no foresight and clairvoyance into the future, no gain. In the long run, no gambler ever came out a casino alive, easy come, easy go.
Good luck in your other "million dollar potential" investment, hope you will achieve an early retirement long before the QMC shareholders do.
The law of Nature will prevail with its law: "Survival of the fittest".
You did not explicitly say it, but subconsciously you implied it and your overall sentiment in QTMM is skeptical and uncertain. There is information overload in the internet, do your own diligent research and make your own investment decision, if QMC and QTMM has no future, stay out of it, move on to other greener pasture and never look back, but if you see long term potential in it, then devote your investment in it 100% without making ambiguous and contradicting statements. You are either in or out, not in with skepticism, doubt, uncertainty and making sarcastic remarks on the management's operating strategy and policy.
Good luck in your search for the the next million dollar winner, but stay out of QTMM, 10 years no change, only a promotion scammer, there will be no change for the next 10 years either.
"Quantum dot application in Display has no future" but "hope it works out", do you have a sharp definition in your investment strategy, contradicting thinking will not lead to success in stock investment.
Look at the trend of all OTC stocks, they are all trending downward towards 0.004 CENT just like ASTI with occasional P&D, how many investors still have money left to invest in QTMM, they may be afford to buy only a couple thousand shares.
The law of Nature will prevail with its law: "Survival of the fittest". Shareholders should save their breath, let Nature takes its course.
Yea, 10 years no change in QMC's operation, if I were you I stay away from QTMM and won't touch it.
Great pick in your favorite Protocall Technologies, put all your life savings in it, share price of 0.13 cent is a steal, wait it out, it may hit $1 someday and make you a billionaire!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149399114
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=PCLI&time=9&startdate=1%2F4%2F1999&enddate=7%2F2%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=32&lf2=2&lf3=1&type=2&style=320&size=2&x=42&y=15&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10
Constant car horning and strident tumult in the Toronto streets last night went on for hours for Toronto Raptor's win over the Warriors.
Any estimate on royalties vs time?
Rome is not built in one day. It is not easy to turn an empty shell company with nothing but a concept into a world leader in low cost cadmium free quantum dot producer with varieties of quantum dots to fit the needs of astronomical number of quantum dot application products and with emerging quantum dot products for its established licensee and very soon with sustainable revenues. According to Stephen Squires, we believe that we have the best and talented scientists in the whole world, we believe with absolute confidence that we will deliver our products to the market. Current share price does not reflect the true value of our company but sustainable revenue will determine its true worth.
Now I see what that "promotion" means. Yes, I did subscribe to penny stock news letter and did receive buying recommendation constantly, I check the price chart each time when it happened and rejected it immediately as most of them were topping out and most of them have no future growth potential. If there was a "promotion" for QTMM while share price was at around 3 cents which in my opinion, is at "rock bottom price", those investors should consider themselves very fortunate. But in reality, promoting a stock when share price is at all time low is unreal especially for a stock with astronomical future growth potential. So such assumed promotion could not has happened. With the potential of QMC, does QTMM really need a colossal promotion to emulate Intel Corp?
ha, ha, Microcapdaily likes my charts and implemented in its articles. It must have read all my postings.
I see, then OTC is wrong in suspecting "price manipulation". If there is a negative impact on the company's image, the management should clarify it with OTC. Certainly QMC is not a P&D or hyping type of company, its goal is genuine long term growth, the management just devotes itself in research and marketing, they neglect share price movement, as Stephen said current share price does not reflect the company's worth, only sustainable revenue will determine the company's true value. Investors are naturally excited on the $1 million purchase order for it marks an important milestone in the history of QMC and signals the company has entered the "Revenue Phase".
With the astronomical future growth potential, QTMM share price should not be trading in pennies but somewhere between 50 cents and $1, the reason for being such is because "no revenue yet", but as the company enters the revenue phase, its image and future prospect in the eyes of the financial community will change drastically.
Does that mean OTC is alerting criminal activities in QTMM trading?
I am still in the dark of what it is all about.
How many % share price moving up and down daily in any stock is meaningless of long term investor but it is important for short term or day traders for every small % movement counts. For big gain in long term investment, long term chart pattern is important, charts are not only historical record, they predict the future.
So the concern is why share price rallied at the closing time? It is natural. It happened in may 2014 too: Share price lingered at 6 cents all day then surged sharply to 10 cents at closing time then continued to rally to 45 cent in July. It is because subtle investors were accumulating shares at 6 cents all day then started to buy into offers at higher prices at the closing time. There was no promotion activities.
Share came back down and activities subsided because investors don't see its the right time to launch the rocket on non-financial news, only news on proven revenue received will.
This news of order for the reactor serves as a warm up for the things to come and alerts slumbering potential big investors.
wrong about what?
I still don't see any promotion activities by the company, unless it displays its cutting edge, disruptive Display Technology in CES or in Display Week to make itself ubiquitous.
My IQ must be very low, I don't understand what it is all about, under promotion by whom? By QMC or by the OTC Exchange and how? Can someone elaborate what it is all about?
QMC is virtually unknown in the financial community that is why daily trade value is only $33K, we are trading in a kiddy pool while Universal Display Corp is trading in an Olympic pool with daily trade value in the tens of million dollar. QMC's future potential should be advertised and the company's image should be promoted to attract big investors to move share price.
What is all that "promotion" the trolls are talking about?
- Media promoting mining companies' stock paid or unpaid
- Stock discussion forums promote paid company advertisement
Is promotion is a crime and violate stock exchange rules? Then tens of thousands of companies will be fined and their CEO put behind bars.