"Do you know how much a company ramping up operations might need to meet customer demands for supplies? Most startup companies can’t rely on profits alone to fund expansion."
I agree that QMC probably doesn't have net profits at this point to fund expansion.
But what exactly is QMC ramping up to deliver to customers and who are those customers?
At this point, I see Innova as the main customer for QD's and QD technical support for next gen tests. So QMC could start with the $10.5 million in capital from Pasaca to ramp up QD production. It would be in everyone's interest for Innova to keep the cash flowing back to QMC with little delay and Innova has the cash, right?
More than likely at this point Innova would also be QMC's biggest customer for the roll out of QD tagging and anti-counterfeiting, and the AC is mostly a software/internet/ledger solution, which has low capital demands once the R&D is finished. And that's been ready to roll for a while, right?
Then there is the HealthID app for Covid, which again is software/internet and costs are front loaded in the development phase. That's already rolling, right?
There is more R&D to be done to broaden the scope of the app to other diseases but isn't Covid the big money maker now.
So ramp up QDs, anti-C and the Covid app into actual sales with the $10.5 and show the shareholders its viable company.
AI
