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solong

06/15/19 3:54 PM

#74418 RE: solong #74416

and they went from 35mil o/s to 583,142,140 - sweet

no profits, nothing.

Jamis1

06/15/19 5:26 PM

#74420 RE: solong #74416

Do you know anything about the quantum dot sector?

Only one company, Nanosys, has product on market and they did that initially by licensing to Samsung. Nanosys has been in business for about 17 years. So 10 years to entry into market/revenue for QMC isn’t the worst in the qdot industry.

It was about 3 years ago when the qdot display market started commercial operations. About a year later the industry switched focus to wanting cadmium free. QMC has to shift with that market shift as they were working on cadmium based qdots.

So 3 years later QMC has revenue from its first licensing agreement. Potential new tech for qdot displayed (PRd) recently, and projection of $7-10 million in revenue this year.

There’s plenty of potential here in the next year, especially if they manage to bring a display to market while they get India facility up and running.