Quantum Materials Corp. (fka QTMM)

[Kurt_Banoffee]

To me this is the most important part of that agreement.

A free R$D department.

Here is the fly in that ointment. The Licensee in the agreement you cited isn't going to do any R&D, much less develop anything. They don't even have the money to make their up-front license payment.

As we all know, there is another license agreement out there with Amtron, the party with the money. Interestingly that one hasn't been shared with investors.

On November 19, 2018, the Company issued a press release that it entered into a License and Development Agreement to establish large scale quantum dot production in Assam, India with Amtronics CC as licensee. On November 23, 2018, an additional License and Development Agreement has been entered into by the Company and the two licensee parties to the agreement are Amtronics LLC and Assam Electronics Development Corporation Ltd. (AMTRON).

Note that Amtron wasn't added to the Amtronics License agreement. It's a whole new agreement. Despite being signed just a few days later, they decided to keep it secret. I wonder why? What's in it... and not in it...

In reality, we know nothing about the financial aspects of the project in India because we have no idea what's in the only agreement that likely matters.