I kinda feel like Andy Rooney sometimes, posting on a Sunday like this...
I flatter myself. I’m a hack. But here's my rant anyway:
We now have two (count ‘em) two MAJOR additions to the company: Mr. Martin, and Mr. Heaton.
To me, the big news this week is Mr. Martin.
Some of you may remember my last post about markets, wherein I said “Yes, My Children, LIGHTING!”
Well, Mr. Martin is the president of a lighting company that possibly could someday consume a multiple of our current planned production capacity for his market alone. He is a developmental specialist who has a track record of managing product growth from $25 to $500 Million (that's 2,000% growth!) in 5 years.
Then there is Mr. Heaton. Executive VP of Advinera, a nanocomposites, coatings and depositions company. His company could also be a major consumer of QD’s in his product lines. He too brings CEO and product development experience,
In other words, we may have just added our two biggest customers to the Board of Directors!
OH MAN! An interlocking directorate is THE gilded-age-classic way to achieve vertical integration without building it yourself.
Talk about establishing a supply pipeline! Just ally by having the principal players of both companies enter into reciprocal stock agreements. Then your and their interests lie together on the respective boardroom tables, co-mingle, and become one...
WHEW! Wait a minute, this is getting crossed over with my other job: writing romance novels...
Anyway, I like this arrangement. It seems very shrewd (and very lucrative for all concerned) to partner with such accomplished AND such well-fitted individuals as these.
Also, our new board members are undoubtedly “men of substance” who bring not only their personal efforts but also the capability to bolster the finances of the company should the need arise.
Kudos to our prez, Mr. S. for exhibiting such great team-building skills.
And, I also welcome the establishment of the Scientific Advisory Board. I must admit that when I met Mr. Squires and Mr. Dodderer 16 months ago, I wondered to myself that no matter how gifted they appeared, how they could possibly prevail in the volatile, complex, tech marketplace alone. In my personal CEO experience I found there are too many detours, vagaries, and unforeseen developments in the business world to navigate without surrounding oneself with good advisors to guide both business development and product research decisions. I welcome the help to our enterprise.
So… even as the share price receded modestly last week, great steps were revealed that strengthen QTM’s position for future sales and growth.
You know, I feel you can watch all the charts you want for short term trading advantages, and that has a place, especially at entry and exit. But as an investor, not just a trader, I find underlying movements that develop potential such as these revealed this week are more predictive long-term.
I’ll put my money on a company that at whatever stage in the product cycle, not just a start-up, has talented people joining in to build it stronger and better every day.
That seems to be what’s happening here.
