REVENUE! (I think.)
At long last, our little enterprise has turned the corner.
They reported they have actually banked a check to them for services related to their ability to produce quantum dots.
To my eye, the “unearned income” designation of this payment, while not glamorous, is correct accounting, and is the proper declaration.
It is not the holy-grail of (cue celestial choir) “INCOME FROM SALES!” That I and so many others here seek.
Income from sales is a necessary antecedent to QTMM's having the public credibility needed for advancing onto the big exchange. Unfortunately, this ain’t it (yet).
And as it is, this sorta-income report may or may not impact share price right away, as Income from sales surely would.
BUT…Even if not, I feel it is of monumental importance because it signals that QTMM has transitioned the great and perilous gulf from a university-lab-sponsored curiosity to a viable manufacturing firm with business prospects. And THAT, my friends , is very good news indeed.
Will the market notice tomorrow? Or will it wait for a future sales or supply contract announcement to react upward? We shall see. It would not take more than a handful of new investors capable of acquiring a few hundred thousand shares each to make a noticeable impact.
I eagerly await the coming week.
Blessings to all,
SA John
