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Monday, June 11, 2018 11:27:41 AM
Shareholder Letter June 2018/Related Criteria
https://www.sec.gov/Archives/edgar/data/1403570/000149315218008312/ex99-1.htm
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June is here over the next 2-3 Months we should know much more about QMC's activities over the last year in SEC Filings which will be updated by CFO Robert Phillips, here's what we know over this period of time.
1) August 2017 QMC has an online store for QD's https://www.ledinside.com/press/2017/8/quantum_materials_opens_nano_materials_online_store
2) October 2017 Shareholder Letter https://www.sec.gov/Archives/edgar/data/1403570/000149315217011819/ex99-1.htm
3) Dec 2017 Quantum Materials Corp Gains ACS CAS Registration and Fulfills Regulatory Requirements for QDX shipments to Worldwide Markets http://www.globenewswire.com/news-release/2017/12/19/1266049/0/en/Quantum-Materials-Corp-Gains-ACS-CAS-Registration-and-Fulfills-Regulatory-Requirements-for-QDX-shipments-to-Worldwide-Markets.html
See Post 62242 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137037169
4) Feb 2018 Quantum Materials Corp Announces Review of Strategic Opportunities, Engages Canaccord Genuity as Advisor https://globenewswire.com/news-release/2018/02/22/1379767/0/en/Quantum-Materials-Corp-Announces-Review-of-Strategic-Opportunities-Engages-Canaccord-Genuity-as-Advisor.html
5) March 2018 Clay Chase Update in Detail: Quantum Materials Corp. (OTCQB: QTMM) - Engages Canaccord Genuity as Advisor for Review of Strategic Opportunities to Enhance Shareholder Value
Quantum Materials Corp (QTMM), a San Marcos, Texas based developer and manufacturer of high performance, cadmium-free quantum dot materials announced yesterday that the Company has engaged Canaccord Genuity to evaluate and advise the Company's Board of Directors regarding transactions that may ultimately be pursued from a number of potential strategic opportunities to enhance shareholder value.
Stephen Squires, CEO of Quantum Materials Corp, stated in the release: "Our Board is committed to taking the necessary steps to enhance value to our shareholders. Canaccord knows our industry - and more specifically the quantum dot space - which makes them a great choice to help the Company evaluate and execute viable strategic opportunities."
In Q4 of 2017 Quantum Materials Corp. released a comprehensive Shareholder Update Letter wherein founder and CEO Stephen Squires highlighted the Company's current business position and future growth strategy. If you haven't had a chance to review this letter, we recommend that you do that right away. This was a very thorough update letter which addressed many of the key issues in QMC's stated goal of becoming a major supplier of quantum dot semiconductor materials in the flat panel display industry as well as several other vertical markets which have been predicted by key industry analysts to be affected by quantum dots. One of the key topics covered in this update speaks to timing of the commercialization of quantum dots in the greater flat panel industry in general and more specifically the timing of QMC's materials being taken up by the industry. By all accounts, this process has taken a longer amount of time than both the Company and industry analysts predicted in terms of both models and numbers of quantum dot sets built by the major flat panel OEM's.
That being said, based both on this week's news as well as the recent shareholder update letter we believe that Quantum Materials Corp. is very likely in the later stages (or possibly even final stage) of moving their materials into a commercialization position with one or more value added suppliers and/or specialty chemical manufacturers - especially as relates to the current trend of replacing phosphor materials in flat panel displays with higher performing (in their brightness and narrow emission spectra) quantum dot materials to produce panels with ultra-high gamut color coverage. In the recent Shareholder Update Letter, Squires cites the Company's ability to produce coverage of ~86% (and improving) of the most recent industry color palette Rec 2020 standard - which is roughly 10% higher than the color gamut of 2017 QD driven models produced by Samsung.
Further to that point, we have seen a number of developments in the flat panel industry over the past six months including advanced and aggressive development efforts to optimize "qd on chip"; microLED; and full electro-luminescent designs incorporating quantum dots that lead us to believe that quantum dot technology will at some point be a defacto material in this massive industry for not only large form displays, but will move solidly over to become mainstream solutions for handhelds and smaller form displays as well.
Quantum Materials Corp's continuous flow process - which provides for extremely low capex/opex vs. batch method production as well as rapid volume scale up puts them in a position to manufacture these high performance materials at a price point and production scale that the OEM display manufacturers can work with to expand this technology into much larger volume production and lower consumer price points in the flat panel industry.
https://www.sec.gov/Archives/edgar/data/1403570/000149315217011819/ex99-1.htm
Additional information on Quantum Materials Corp at www.qmcdots.com
Regards,
Clay Chase
SD Torrey Hills Capital
858 456-7300
cc@sdthc.com
6) April 2018 Highlights from 10K Company Achievements https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140782038
7) May 2018 the Company’s board approved engaging RBSM LLP (“RBSM”) as its new registered independent public accountant. https://ih.advfn.com/p.php?pid=nmona&article=77470503
8) May 2018 New CFO in Detail: The Board of Directors elected Robert Phillips as its new Chief Financial Officer. Since January 2018, Mr. Phillips has been working as a controller for the Company pursuant to a one-year consulting agreement which called for a monthly fee of $9,167. Of the $9,167, $2,500 per month is being accrued until a funding event of at least $2 million. The remaining $6,667 is being paid through the issuance of the Company’s common stock based upon a 20% discount to market. Mr. Phillips has the right to convert his accrued fees into common stock at the same discount to market.
Mr. Phillips has extensive experience in accounting, finance, Security and Exchange Commission (“SEC”) financial reporting, Sarbanes Oxley compliance (“SOX”) and strategic planning in diverse industries including software, hardware manufacturing, medical technology and global communication services.
Less than two years after completing his MBA at Texas A&M, he became CFO of a publicly traded company going through a difficult turnaround. A few years later he again became CFO and Chief Strategy Officer at publicly traded SecureCare Technologies, a medical technology spin-out and negotiated private equity investments. His early CFO experience has led me to positions and consulting engagements ranging from CFO of iStream Technologies, a startup business process management company specializing in regulatory compliance, to world-class Apple where he was a managing consultant of a high transaction volume stock operations team and managed accounting and related Form 10-Q and Form 10-K financial equity disclosure and technical accounting assessments as well as transitioned the departments operational site from Cupertino to Austin. He was also VP of Venture Development at a venture backed e-commerce startup incubator in Austin, Texas.
He has served as Controller of Rocket Gaming Systems as well as Financial Reporting and Planning Director at Multimedia Games and at Rignet during an IPO. As financial consultant at Bridgepoint Consulting Group, he has held CFO services, Interim Controller and SEC Financial Reporting positions at Phunware, Crossroads Systems, ActivePower, Harden Healthcare, ArthroCare, Boardbooks.com, Rainmaker Technologies and Fallbrook Technologies. Also, financial consulting and CFO services engagements at multinational companies including BMC Software, Natco Group, Respironics and FIC Group.
E.J. Schloss, the former Chief Accounting Officer will remain with the Company as Controller. https://ih.advfn.com/p.php?pid=nmona&article=77482065
https://www.sec.gov/Archives/edgar/data/1403570/000149315218008312/ex99-1.htm
\
June is here over the next 2-3 Months we should know much more about QMC's activities over the last year in SEC Filings which will be updated by CFO Robert Phillips, here's what we know over this period of time.
1) August 2017 QMC has an online store for QD's https://www.ledinside.com/press/2017/8/quantum_materials_opens_nano_materials_online_store
2) October 2017 Shareholder Letter https://www.sec.gov/Archives/edgar/data/1403570/000149315217011819/ex99-1.htm
3) Dec 2017 Quantum Materials Corp Gains ACS CAS Registration and Fulfills Regulatory Requirements for QDX shipments to Worldwide Markets http://www.globenewswire.com/news-release/2017/12/19/1266049/0/en/Quantum-Materials-Corp-Gains-ACS-CAS-Registration-and-Fulfills-Regulatory-Requirements-for-QDX-shipments-to-Worldwide-Markets.html
See Post 62242 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137037169
4) Feb 2018 Quantum Materials Corp Announces Review of Strategic Opportunities, Engages Canaccord Genuity as Advisor https://globenewswire.com/news-release/2018/02/22/1379767/0/en/Quantum-Materials-Corp-Announces-Review-of-Strategic-Opportunities-Engages-Canaccord-Genuity-as-Advisor.html
5) March 2018 Clay Chase Update in Detail: Quantum Materials Corp. (OTCQB: QTMM) - Engages Canaccord Genuity as Advisor for Review of Strategic Opportunities to Enhance Shareholder Value
Quantum Materials Corp (QTMM), a San Marcos, Texas based developer and manufacturer of high performance, cadmium-free quantum dot materials announced yesterday that the Company has engaged Canaccord Genuity to evaluate and advise the Company's Board of Directors regarding transactions that may ultimately be pursued from a number of potential strategic opportunities to enhance shareholder value.
Stephen Squires, CEO of Quantum Materials Corp, stated in the release: "Our Board is committed to taking the necessary steps to enhance value to our shareholders. Canaccord knows our industry - and more specifically the quantum dot space - which makes them a great choice to help the Company evaluate and execute viable strategic opportunities."
In Q4 of 2017 Quantum Materials Corp. released a comprehensive Shareholder Update Letter wherein founder and CEO Stephen Squires highlighted the Company's current business position and future growth strategy. If you haven't had a chance to review this letter, we recommend that you do that right away. This was a very thorough update letter which addressed many of the key issues in QMC's stated goal of becoming a major supplier of quantum dot semiconductor materials in the flat panel display industry as well as several other vertical markets which have been predicted by key industry analysts to be affected by quantum dots. One of the key topics covered in this update speaks to timing of the commercialization of quantum dots in the greater flat panel industry in general and more specifically the timing of QMC's materials being taken up by the industry. By all accounts, this process has taken a longer amount of time than both the Company and industry analysts predicted in terms of both models and numbers of quantum dot sets built by the major flat panel OEM's.
That being said, based both on this week's news as well as the recent shareholder update letter we believe that Quantum Materials Corp. is very likely in the later stages (or possibly even final stage) of moving their materials into a commercialization position with one or more value added suppliers and/or specialty chemical manufacturers - especially as relates to the current trend of replacing phosphor materials in flat panel displays with higher performing (in their brightness and narrow emission spectra) quantum dot materials to produce panels with ultra-high gamut color coverage. In the recent Shareholder Update Letter, Squires cites the Company's ability to produce coverage of ~86% (and improving) of the most recent industry color palette Rec 2020 standard - which is roughly 10% higher than the color gamut of 2017 QD driven models produced by Samsung.
Further to that point, we have seen a number of developments in the flat panel industry over the past six months including advanced and aggressive development efforts to optimize "qd on chip"; microLED; and full electro-luminescent designs incorporating quantum dots that lead us to believe that quantum dot technology will at some point be a defacto material in this massive industry for not only large form displays, but will move solidly over to become mainstream solutions for handhelds and smaller form displays as well.
Quantum Materials Corp's continuous flow process - which provides for extremely low capex/opex vs. batch method production as well as rapid volume scale up puts them in a position to manufacture these high performance materials at a price point and production scale that the OEM display manufacturers can work with to expand this technology into much larger volume production and lower consumer price points in the flat panel industry.
https://www.sec.gov/Archives/edgar/data/1403570/000149315217011819/ex99-1.htm
Additional information on Quantum Materials Corp at www.qmcdots.com
Regards,
Clay Chase
SD Torrey Hills Capital
858 456-7300
cc@sdthc.com
6) April 2018 Highlights from 10K Company Achievements https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140782038
7) May 2018 the Company’s board approved engaging RBSM LLP (“RBSM”) as its new registered independent public accountant. https://ih.advfn.com/p.php?pid=nmona&article=77470503
8) May 2018 New CFO in Detail: The Board of Directors elected Robert Phillips as its new Chief Financial Officer. Since January 2018, Mr. Phillips has been working as a controller for the Company pursuant to a one-year consulting agreement which called for a monthly fee of $9,167. Of the $9,167, $2,500 per month is being accrued until a funding event of at least $2 million. The remaining $6,667 is being paid through the issuance of the Company’s common stock based upon a 20% discount to market. Mr. Phillips has the right to convert his accrued fees into common stock at the same discount to market.
Mr. Phillips has extensive experience in accounting, finance, Security and Exchange Commission (“SEC”) financial reporting, Sarbanes Oxley compliance (“SOX”) and strategic planning in diverse industries including software, hardware manufacturing, medical technology and global communication services.
Less than two years after completing his MBA at Texas A&M, he became CFO of a publicly traded company going through a difficult turnaround. A few years later he again became CFO and Chief Strategy Officer at publicly traded SecureCare Technologies, a medical technology spin-out and negotiated private equity investments. His early CFO experience has led me to positions and consulting engagements ranging from CFO of iStream Technologies, a startup business process management company specializing in regulatory compliance, to world-class Apple where he was a managing consultant of a high transaction volume stock operations team and managed accounting and related Form 10-Q and Form 10-K financial equity disclosure and technical accounting assessments as well as transitioned the departments operational site from Cupertino to Austin. He was also VP of Venture Development at a venture backed e-commerce startup incubator in Austin, Texas.
He has served as Controller of Rocket Gaming Systems as well as Financial Reporting and Planning Director at Multimedia Games and at Rignet during an IPO. As financial consultant at Bridgepoint Consulting Group, he has held CFO services, Interim Controller and SEC Financial Reporting positions at Phunware, Crossroads Systems, ActivePower, Harden Healthcare, ArthroCare, Boardbooks.com, Rainmaker Technologies and Fallbrook Technologies. Also, financial consulting and CFO services engagements at multinational companies including BMC Software, Natco Group, Respironics and FIC Group.
E.J. Schloss, the former Chief Accounting Officer will remain with the Company as Controller. https://ih.advfn.com/p.php?pid=nmona&article=77482065
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