Solar, I think you are touching on the right combination of points here. Why is this different than just choosing to believe (or not) in the narrative QMC and Steven Squires have developed? Because:
1) Samsung has swung the door to this quantum dot market open -- bigtime. They have turned research into production into consumer dollars. It is happening now. Samsung has a two year lead on everyone. Visit any big box TV store and see the QD difference Samsung developed. The future is NOT dingey, drab, displays. Samsung has changed things and the display industry is lining up to follow and build on their lead. Reality--not theory. There are very few QD producers. There is only one with technology specifically designed to scale-up to meet projected market demands. Other companies WILL step into the market that Samsung is currently powering forward. Who is poised to deliver high volume QD's?
2) China is seizing the display industry. It is dedicating significant Government funding toward long term technological development. It is where the display industry future is growing. Samsung knows this. Nitto Denko knows this. China is playing to win. QMA is there.
3) Mr Xiao Liu seeks new technology development in China and builds networks that link government funds in China with specific future oriented technologies. Quantum dot is one of those technologies. Through his gtg investment group he has become a co-owner of QMA. He is our partner and has brought significant government funding for the "doubled-down" research and production build-out that is now underway in China. Now it appears through his "Societe Generale" investment fund he has "lit the candle on the other end" meaning he has become a direct investor in QMC aiming at 10% ownership.
The question has frequently been asked on this board "will money from QMA flow back into QMC? Isn't this 10% buy-in a crystal clear tell? Mr Xiao Liu is in the strongest position to understand how the new Quantum Dot industry will unfold in China--the business networks that will drive it. He worked with Steve to help create QMA. He now is helping to activate their (our) creation. He is coordinating the build out in two sites in China for our co-owned QMA enterprise. He also appears to be steering his international investment fund toward direct investment in QMC Texas while the broader investment community dithers, worries about otc, and struggles with other qmc uncertainty. Will he also bring BOE to the table? Why is he investing in QMC if he doesn't anticipate significant growth happening here?
I have no inside connections to QMC. I've been invested here for a few years. I've appreciated the way Steve has laid down a strategic course that I've been able to partially understand, there have been bumps, and the need to change and adapt, but this small company is thinking about the big leagues. I now find myself thinking beyond QMC to the network Mr Xiao Liu appears to be building. Will the new QMA facilities in China sit idle hoping for customers to wander in? or will BOE eat up all available production? Will a contract land in Texas sooner rather than later? Lots of unknowns. Lots of things that are hard to verify 100%. But an increasing clear trail of breadcrumbs and accumulation of facts and likely scenarios.
Make your own careful investment decisions. I'm rooting for the small investor. I'll be continuing to struggle to verify all of the above, bit by bit--along with others on this board. I'm optimistic regardless of what the stock price does tomorrow. Know what you own. Be curious and critical. Risk what you can afford to lose.
