Quantum Materials Corp. (fka QTMM)

[Jamis1]

Reading the PR on news wire I caught this comment:

Following the signing of this contract, Nanoco will work with Wah Hong to produce samples for potential customers, after which there will be a qualification process before Wah Hong’s commercial supply of product can begin.

Nanoco Announces 7-Year Supply and Licensing Agreement with Leading Display Optical Films Manufacturer Wah Hong Industrial to Market Cadmium-free Quantum Dots

http://www.businesswire.com/news/home/20160722005524/en/Nanoco-Announces-7-Year-Supply-Licensing-Agreement-Leading

This tells me that they are simply in a what QMC has called a development agreement. Apparently, in England, product development agreements are called commercial agreements.

See the contrast between the two press releases?

Nanoco and Wah Hong Industrial Corporation sign
Commercialisation Agreement in Display

https://www.trustnet.com/Investments/Article.aspx?id=201607221100029882E

lol!
;)