Quantum Materials Corp. (fka QTMM)

[dockzef]

Annual meeting notes:

The 20 million dollar joint venture in China is a done deal with the details already hammered out. The office will be located in Beijing. Profits will be split on a 50/50 basis. The Chinese display market is equal to that of the rest of the world. There are other markets besides displays in China that quantum dots will be applicable.

The Nitto joint development is on going. Nitto has a 65% market share in the display sector. Sri Peruvemba explained the manufacturing processes in detail and how QTMM quantum dots would fit in that process. Sri knows everyone in this sector around the world. Quantum dots can be the replacement for the phosphorus in this development.

In the lab in San Marcos are 2 reactors. The smaller reactor can produce 250 kilos. The larger reactor can produce 2 metric tons per year.

David D. explained that the current failure rate is 3-5 yrs. In the solar cells being use in China. QTMM'S magic efficiency number in dealing with solar cells is 8% with the theoretical top around 65% which should be attainable in 3 to 5 years. QDX is being well received. David also mentioned that tetrapod quantum dots are by far stronger than any other quantum dots.

There are no current photo types for the displays or solar cells at this time. There is ongoing work being done in the counterfeiting and medical applications. They have applied for a Wells Fargo Department of Defense grant.

Reiterating the the Board of Director's has put the highest priority on on generating revenue. It was a pleasure meeting everyone at the Annual Meeting and I am excited about the future possibilities with quantum materials.