Quantum Materials Corp. (fka QTMM)

[santcruz]

Second Reactor Funding

It would seem that the entity that funded the first reactor would be very motivated to fund the second reactor. If they are like any of the VC firms I am famil. r with, they would have required a sound business plan and a good reason for needing the first reactor prior to investing $400K.
I deduce that reason to be that there were customers that needed to be supplied with more QD's than Quantum Materials Corp. had on hand or could produce with the prior smaller reactor. Their first investment seems to have worked out well for them......I imagine they are eager to fund a second reactor. Greater production should be cost efficient.