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Posted On: 11/18/2019 6:17:29 PM
Post# of 22463
Quantum Materials Corp - Fundamentals and Chart Technicality
Fundamentals:
- Amtronics's production plant is being completed
- The 2 micro reactors have been received by licensee Amtronics
- Payment of $1 million for licensing fee and $1 million for the reactors has been received or is being received by QMC
- News of $2 million revenue will be reported in PR or in 10Q under "subsequent event" or in 2019 Q4 10Q due on February 14, 2020
- Amtronics's production will begin in 2020 Q1
- QMC will receive payments from further sales of ancillary equipment, from Milestone event and from technological support totally $7 to $10 million.
- Minimum royalties will begin in 2021
- QD global franchising for Anti-counterfeiting QD-Blockchain, Solar, Display and Solid State QD LED Lighting ......
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History proved that ONLY news of proven revenue did and will drive share price up drastically:
2014 May 15 10Q - Share price surged to 45 cents on receiving $1.05 million for the purchase of the reactors
2016 April - Share price surged from 7 cents to 20 cents on news of receiving $225K from business partner
2017 January - Share price surged from 7 cents to 25 cents on news of Chinese government's US$21 million investment in QMC ASIA
2019 March 19 - Share price surged from 1.75 cents to 5.25 cents on news of receiving $500K licensing fee from licensee Amtronics.
Between November 2019 and February 2020 - News of receiving at least $2 million from licensee Amtronics ......................
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Technicality:
Bullish and Bearish Head-And-Shoulder patterns:
https://c.mql5.com/6/8/hhhh.jpg
QTMM weekly 1yr
http://bigcharts.marketwatch.com/advchart/fra...p;state=10
The future of QMC is bright, shareholders will have rainbow day after day
Charts are not only historical records, they forecasts events before they happen.
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