Quantum Materials Corp. (fka QTMM)

[DJPele]

How about we provide more "recent" information, shall we?


Quantum Materials Corp Provides Investor Update on Operations, San Marcos, TX, Jan. 27, 2020

".....Our Assam licensees have assured us that they are working diligently to make up for time lost due to the recent historical flooding that the Assam region experienced. We have been informed that the site work is nearing completion and that some construction is being conducted offsite as prefabricated components. Our licensee has already made significant payments and additional payments are due to us once the reactors are setup and tested. This will allow us to recognize revenue once these benchmarks are met. We will also be delivering pre and post processing equipment this year.

Business Fundamentals/ Striving to Build Value

We have continued to maintain aggressive cost control measures, never forgetting this is a marathon and not a sprint. We believe we will be able to duplicate our Assam license model in other regions and we are working diligently to monetize our quantum dot solar technology and display material technologies via licensing.

Our Assam India licensee has reported that now that the flood waters have subsided, site work is being completed and as much construction as feasible is being prefabricated off site. They have expressed their dedication to making every effort to make up for time lost due to mother nature wrath....."

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https://www.globenewswire.com/news-release/2020/01/27/1975512/0/en/Quantum-Materials-Corp-Provides-Investor-Update-on-Operations.html