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The following outlines the business opportunities that the Company has pursued over the last few years:

- Entered into a licensing agreement to establish quantum dot production and solar film production in Asia;

- Expanded range of quantum dot base materials to include carbon quantum dots.

- Initiated collaborations with a number of LED and Micro LED companies;

- Developed stabilized cadmium free QDs and encapsulation process for remote phosphor LED applications and surpassed 8,000 hours continuous on time without measurable degradation;

- Reduced QD process cost by more than 45% and doubled annual production throughput capacity using existing process equipment and expanded capability to include Pervoskite quantum dots;

- Significantly improved emission color purity by narrowing the color wavelength, tuning the emission wave length and increasing the quantum yield (brightness) of our cadmium-free QD optical materials focused on display applications. These improvements have resulted in Rec. 2020 coverage in excess of 86%;

- Initiated collaborations for QD enhanced display film with numerous film companies including one of the world’s largest multinational chemical company;

- Developed blue cadmium-free high-performance QDs;

- Develop the first 100% quantum yield cadmium-free red QDs;

- Developed and began producing a range of plasmonic particles targeting specialized lighting and thermal management application in the automotive and commercial glass industry;

- Obtained an intellectual property portfolio of 50+ patents and applications granted, filed, or in preparation, including issued patents acquired from third parties, including those covering high volume production of QDs, including cadmium-free quantum dots, quantum dot enhancement technologies and quantum dot solar cell technologies;

- Expanded the number of display optical film companies that we are now in collaboration with and increased sample deliveries;

- Continued product development with leading global optical film manufacturers;

- Developed and began producing nano-materials for specialty lighting, nano-bio, energy storage, anti-counterfeiting, and other emerging applications; and

- Established a nanomaterials laboratory facility for research, development and production in Texas.

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