Quantum Materials Corp. (fka QTMM)

[ih8aloss]

I hate doing taxes!!!!! Just took a quick look at 10Q, I too was disappointed in some of the 10Q, not what I was expecting from the company for splitting; to additional funding. However this is a developmental stage company. Concentrating on funding now is their priority, and after that they should go to the marketing of Solterra. That’s when the ride will commence if there is continued silence. I’m not concerned with funding because you needed to have proof of functionality of the access2flow process before anyone will lay down big bucks. I’m pretty sure they could raise the bucks by an angel investor or other party but I think he is more interested in retaining a large interest for the shareholders rather than getting funding and giving the farm away. I was initially disappointed in the ramp up being later in the year, rather then earlier for the quantum dots but then I re-read the 10Q. The goal is still 1000 grams / week by the end of June and in the 10Q they are expecting to make 100 kilograms per day by late 2010! That’s 100,000 grams per day, now I can live with that, that is some serious cash flow coming in. When I got into this it was on a 3-5 year plan so for those looking for a quick kill this was never the stock to get into. I have always stated this was a buy and hold. Take some off on a run up and let the rest ride long term. This is a developmental stage company and the ride will be bumpy with times of significant doubt as reading their CYA legally required lawyer language related to funding, but why take the time to name your product TetraPod Quantum Dots, TQ-Dots, generate a three year contract with the CTO, extend your Rice license another 6 months, add another year to your ASU license or say you will loan the company funding again, if you didn’t believe its going to all come together? I guess I’m a hard core believer that others will see the light and we’ll get to the end of the tunnel, just later than sooner. It won’t be looking as rosy as we were making it out to be until the funding is nailed down, a contract or some positive PR. That’s my take.