In January, QMC forecast $7-10 million in gross revenues for 2019 from Tech City.
Included in these revenues were the $1 million licensing fee and $3.25 million in equipment sales (Reactors, Schlenk Line Equipment, Inline Equipment).
That leaves $2 to $5 million for:
• Consulting services related to the design of the Manufacturing facility,
• QMC’s setup and commissioning of the reactors,
• Training to the Licensee’s employees and contractors in connection with the manufacturing of the Licensed Products,
• Technology development and scale up of the 3rd generation solar, display and SSL products,
$1 million divided by $500/hr is 2000 hours (1 man year). At $250/hour it is 4000 hours.
So QMC expects to charge Amtronics for between 8000 hours and 20,000 hours for services in 2019.
If the reactors can simply be dropped in place, plugged in, switched on, and then start producing at full capacity (4 tons/yr), then that should only require maybe 100 hours of QMC’s effort. Right?
If QMC’s QD solar cell design and production method is complete and ready to start rolling off the printers when they are installed and switched on, then how many hours of QMC support is needed for that?
How many hours are needed for “developing technology to support commercial production of QD-based films for high color gamut flat panel displays”?
How many hours are needed for developing technology to support commercial production of “QD-LED based general lighting”?
If all of the production equipment is simply “plug and play” and all of the Licensed Products (QDSC, QD film and QD-LED for SSL) are in the final design state and ready for production, then how is QMC going to justify charging Amtronics for 10,000 hours of services in 2019?
Maybe things are not as ready to roll as some people have been suggesting.
