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Re: bsullivan post# 2399

Wednesday, 06/02/2010 12:55:48 AM

Wednesday, June 02, 2010 12:55:48 AM

Post# of 104535
What is the health of QTMM? Only a select few really know that answer. I can tell you from my own involvement as a shareholder what I think. I don’t work for the company but that doesn’t mean I can’t provide assistance laying ground work in other areas. I do wish we were further ahead of the current known status, but for all we know we may be. I personally thought we would be further ahead than where we are at this point. That’s the fact. I see new kinds of related technologies getting discussed and written up but they aren’t any further ahead other than they are published. They too are prototypes still in research and development phase, none of them are in mass production. This technology is so new and there are so many variations within it that it’s hard to say who will come out on top. The sooner a product comes to market the better one will be. Seeing the milestones come and go is frustrating, and disheartening when there is no mention week after week. But the fact they haven’t pulled the plug and have gone the other way expanding their personnel provides a clue into the future. What respectable salesman would sign up with a company without having a product to sell? Even if they weren’t respectable who in their right mind would waste their time trying to set up a sales force or be involved selling something that is fish fodder, not on one continent but on three continents? There’s more going on behind the scene than what we see happening. That is evident with some of the press releases that have come out recently. Rice is the concern for me holding all the cards. However, they obviously have a working relationship between them and Rice stands to make a phenomenal amount on royalties, far exceeding what they signed the contract for. So for them to go elsewhere would be rather foolish at this point. I think they know just from the solar side the production amount and income will be very significant. Is it moving in the right direction? Of course it is, it just isn’t moving fast enough or as of today in the right direction, and that is more about the price of the stock than anything else. If this was at $.50 pretty much everyone would be happy, but it’s not and it’s looking like the whole market is going to be going south. So we aren’t alone, nor happy about it. I’m staying for the ride. I still believe in the company and the potential their product(s) possesses. Could I have made more investing somewhere else during this past year, yes, but I didn’t. I still at todays price doubled my money so how upset can I be. I got into this stock knowing full well this startup/developmental company was a buy and hold. It’ll take IMO two years at the current pace to show significant improvement. That could collapse by a year with the right news. Remember, the original business plan is still a five year development phase, so they aren’t going to be that far off from their original projections when it's all said and done.

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