From the 10K for the period ending June 30, 2016

The second bullet down

Quote:

---

implemented
Quality Management System (QMS) for QD production to establish ISO readiness;

---

Business
Accomplishments
The
following outlines the business accomplishments of the Company over the last few years:
●
entered
into Technology Development Agreement for design and manufacture of fluid tracking nanoparticles;
●
implemented
Quality Management System (QMS) for QD production to establish ISO readiness;
●
hired
pioneering scientific and engineering personnel to create world-class technical team;
●
entered
into a minority-owned joint venture, Quantum Materials Asia Co., Ltd. with Chinese
partner Guanghui Technology Group (“GTG”);
●
entered
into a funded product development agreement with leading global optical film manufacturer Nitto Denko Corporation;
●
entered
a joint development agreement with an industry-leading display manufacturer;
●
developed
and introduced QDX™ Quantum Dots;
●
took
delivery and placed into service our second manufacturing unit bringing the Company’s
total capacity up to approximately 2,250kg of QDs and other
nanoparticles per year;
●
developed
and began producing both red and green cadmium-free QDs;
●
implemented
high volume production of QDs using patented chemistry and process and proprietary equipment;
4
●
established
and subsequently twice expanded a laboratory facility for research, development and production in Texas and negotiated a collaboration
with
Texas State University;
●
acquired
a foundational patent portfolio from Bayer AG covering high volume production of QDs, including heavy metal free quantum dots,
quantum dot
enhancement technologies and quantum dot solar cell technologies; and
●
licensed
key patents from Rice and UA


So they have been working toward "ISO Certification" for some time, once they are ready, they must be "Inspected by an Accredited Agency" BSI, UL,..

Regards

Sunny:>))