Good luck to you. I personally think we'll hear news of the Nitto Denko development agreement at CES next month or before and we'll never see these low share prices again as QMC starts seeing sales contracts, revenue, and profits next year.
The latest 10Q had a hidden nugget in Note 6. Details are scarce on this agreement. This is a little known agreement. Nitto Denko wasn't mentioned in PR about agreement and you had to go read the 8k to find their company name.
"NOTE 6 — DEFERRED REVENUE
During the three months ended September 30, 2015, the Company recorded $225,000 of deferred revenue. This represents full payment pursuant to the previously announced funded development agreement with Nitto Denko Corporation (the “Agreement”). The Agreement does not require specific deliverables by the Company, however it does place certain restrictions on the Company’s ability to communicate with a limited number of specifically named businesses during the four month term of the Agreement. Management does not believe that the restrictions have a material negative affect on the Company’s business prospects."
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