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[Potse]

QMDT(.007)...possible coronavirus play.....

I accumulated a sub-penny position in dark QMDT during 2019 for reasons unrelated to the current viral outbreak (see an explanation below). But I think there is a decent chance that QMDT will eventually attract attention from investors looking for fresh, obscure, or under-the-radar types of antimicrobial plays.

I don't know what the current share structure or debt situation is like for QMDT. But just based on my own experience in trying to accumulate a position in this stock, it wouldn't surprise me to see an extremely nice (and potentially explosive) move in the share price if any significant/sustained volume came into the stock.

Original reason why I took a position: I had QMDT on my watchlist because of the spike in price it experienced several years ago based on some issued patents. By monitoring QMDT's trademark activity, I noticed the company was rebranding its Stay Fresh antimicrobial technology (it is now called Oxi-Tex), so I started to follow the company a little more closely.

QMDT's CEO did two interviews with The Wall Street Transcript in 2019 (I think one was in March and the other was in October, if I recall correctly). I never purchased any of the interviews since TWST doesn't have a secured website for credit cards, so I don't know if there was any pertinent/useful info in those interviews.

In May 2019, the Small Business Technology Council featured QMDT in one of its SBIR success story reports (page 78). That was an interesting feature because it mentions a previously undisclosed license agreement that QMDT had with Phillips Van Heusen (NYSE: PVH)......

As to bacterial resistance, peroxide in the body is a biogenic process and has been functioning for thousands of generations, Liesenfeld said, “so we don’t see any resistance to it. We feel very secure in saying that the chemistry doesn’t engender resistant species. That’s the binding thread that goes through our research.”

In 2018, the clothing conglomerate Phillips Van Heusen licensed Stay Fresh for manufacture of a series of garments.

Schultz is very impressed with the potential for the use of the technology in hospitals. “When you get a hospital-acquired infection, it’s usually not from the surgeon’s hands in the OR,” he said. “It’s usually from all the contaminated surfaces that surround the patient— bed linens, drapes, privacy curtains.”

According to Schultz, they tested Stay Fresh fabrics through 50 industrial launderings. “It absorbed peroxide used in the industrial washing cycle, effectively recharging its antimicrobial activity,” he said, and maintained a sterile surface through all the washings. Other informal studies were conducted in the operating room with
clothing made from Stay Fresh fabric. “We cultured the bugs from treated and non-treated scrubs,” Schultz said. “The anesthesiologist’s pants or shirts, especially if they got splattered with blood, urine, or spit, could be hugely contaminated if the fabric was not treated with a microbicide. On scrubs treated
with Stay Fresh, however, there were almost no bugs. That was when we realized this was going to have a big impact.”

https://sbtc.org/wp-content/uploads/2019/05/SBIR-Success-Stories-Book-2019.pdf

Around mid-2019, one of the websites that QMDT set-up for Oxi-Tex
went active. A couple/few weeks after the site went active something appeared at the bottom of the site that caused my eyebrow to raise a little bit: in partnership with ALGIX LLC......

https://oxitex.solutions/introducing-oxitex/

Algix is a company that turns algae into biodegradable products. It is probably best known for its 3-D filaments and Bloom Foam (which is gaining significant market interest in the footwear industry). If you look at Algix's July 2019 archived website, you will see that Oxi-Tex was prominently featured as one of Algix's brands.....

https://web.archive.org/web/20190703105818/https://algix.com/

At some point in late 2019, I noticed that Oxi-Tex was removed from the Algix website and QMDT took its Oxi-Tex website offline. So I am unsure whether Algix/QMDT still have some type of relationship (partnership or licensing deal).

This is the LinkedIn page that QMDT set-up for Oxi-Tex last year.....

https://www.linkedin.com/company/oxi-tex/about/