There are 2 types of entrepreneurs: One borrows millions of dollars from banks for production plant construction. When drowning in debt amid slump in sales, it defaults in loan payment, faces insolvency, receivership and finally declares chapter 11.
The other smart one is an innovative and progressive entrepreneur who refines its products to infinite number of applications for the needs of multi-industries then licenses its proprietary products to entrepreneurs around the world for royalties income without incurring risk and operating expenses.
While OLED TV is not even dominant in the market place and sales of OLED is insignificant in its overall revenue, UDC has grown into a company with a market cap of $4 billion, thanks to its millions of dollars of royalties, especially from entrepreneurs in China.
Amtronics licensing deal is not unique, it is only a beginning, there are endless others in the making. Our future financial security depends not on direct quantum dot sales to OEM's or on sales contracts. The proliferation of royalties from around the world is what will make QMC a futuristic QD company with a potential market cap of some $200 billion.
