Quantum Materials Corp. (fka QTMM)

[TedJ]

Toe stepping? Well Dow signed their deal with Nanaco in Jan 2013 and their factory wasn't "ready" for production until January 2016. Here it is the end of 2017 and it appears that the Dow factory has only produced samples, based on the very limited licensing payments that they have made to Nanaco.

Merck signed their agreement with Nanaco in August 2016. In August 2017 Nanaco stated in their Full Year Trading Update:

Nanoco has completed the transfer of our technology to Merck who have successfully produced pilot plant scale quantities of CFQD's at their Darmstadt Germany facility. Merck is carefully watching the development of the cadmium free quantum dot market and will continue to purchase CFQD products from Nanoco until they decide to build their own manufacturing facility. Merck is actively engaged with their potential customers on various CFQD application projects and sells under the LiviluxR brand.

To date I have not seen an announcement by Merck about where they will build their own production facility. Since Merck process is the same as the Dow process licensed from Nanaco, I would expect the timeline for Merck to get a production facility up and running to be similar to Dow's, which was years.

Merck doesn't seem to be very committed to the QD market, so I don't see them stepping on QMC's toes at this point, especially now since QMC can now start shipping their production quantities overseas. Merck could just bail out.