QTMM (from 10 Q) Sept 30 2014 Deficit accu
Post# of 22465
Posted On: 05/01/2015 12:26:02 PM
QTMM (from 10 Q) Sept 30 2014 Deficit accumulated during the development stage (21,770,930)
......total Deficit as of last 10Q
http://www.otcmarkets.com/edgar/GetFilingHtml...LANCESHEET
Nanoco 2014 pre-tax loss was £9m, up from £5m.
.....that\'s $13624605.00 USD = 62.58% of QTMM total deficit, WOW!
........................................................................................
Nanoco joins London Stock Exchange main market R
The net proceeds of the Placing of £18.65m will enable Nanoco to fund its growth plan, involving accelerated research, development and commercialisation in its four key target markets - electronic display, LED lighting, solar power and biological imaging.
\" The proceeds from the Placing will allow us to accelerate the commercialisation of our technology through the funding of further R&D and through the formation of four distinct business divisions focused on our key target markets of electronic display, LED lighting, solar power and biological imaging.
\"We are very excited by our commercial progress in the display market. We expect, the first LCD TVs to incorporate our technology to be launched in the near future and our worldwide licensing partner Dow is close to commissioning its mass production plant in South Korea, where Nanoco quantum dots will be manufactured in much larger quantities.\"
http://www.manchestereveningnews.co.uk/busine...ge-9160682
Losses widen at Nanoco, but group optimistic about future
Losses have widened at Nanoco Group, the AIM listed nanotechnology firm.
Revenues for the year to the end of July were £1.43m, down from £3.93m last year, while pre-tax loss was £9m, up from £5m.
....... Revenues Down (63.61%) Pre-Tax Loss Increase of 80%
Nanoco, a University of Manchester spin-out company, said the loss was as a result of lower joint development revenues and higher payroll and other operational costs associated with commercialising its technology in the display market.
During the year, the group entered into a partnership with worldwide licensing partner The Dow Chemical Company, which will begin construction of the world’s first, large-scale cadmium-free manufacturing plant in South Korea using Nanoco’s patented technology and with production to begin in the first half of next year.
......this remains to be seen
In the meantime Nanoco commissioned two new Semi-Tech lines - giving it a total of four lines at The Heath Business and Technical Park in Runcorn.
These production lines are used to produce large quantities of high quality sample materials for the display industry .
.......increased operational costs, but imagine they\'re hoping for volume sales. What happens if DOW plant doesn\'t come on line or R&D runs into headwinds?
Nanoco said it expects that initial commercial orders for Nanoco quantum dots will be manufactured and delivered from the Runcorn facility until Dow’s commercial production plant comes on line.
http://www.manchestereveningnews.co.uk/busine...ic-7931861
......expectations may or may not happen; meantime it sounds like they\'re dependent upon Runcorn.
(These production lines are used to produce large quantities of high quality sample materials for the display industry) of course that statement could refer to all lines or just the 2 new ones.
Hmmmmm. Nanoco revenues: Revenues for the year to the end of July were £1.43m, down from £3.93m last year, while pre-tax loss was £9m, up from £5m.
The pre-tax loss for the yr is 9 Money raised via uplisting 18.65 so last yr pre-tax loss = 48.26% of $$ raised........wonder what happens if things don\'t go as hoped for? Yikes!....could be Bigger Deficits
said the loss was as a result of lower joint development revenues and higher payroll and other operational costs associated with commercializing its technology in the display market.
In the meantime Nanoco commissioned two new Semi-Tech lines - giving it a total of four lines at The Heath Business and Technical Park in Runcorn.
.......which would seem to also require additional staff and associated expenses
Nanoco said it expects that initial commercial orders for Nanoco quantum dots will be manufactured and delivered from the Runcorn facility until Dow’s commercial production plant comes on line.
.......the DOW plant has yet to be commissioned
Dow is close to commissioning its mass production plant in South Korea
.......meaning not yet. We also know the price for cfqd is being renegotiated lower and some source(s) of hoped for funds for Dow dried up........(lower prices mean lower returns for Nanoco royalty and mayhap a corresponding increased burn rate)
The questions also remain as to whether DOW will build or when said plant will be completed.
Hiring additional research and development staff and enhancing the senior management structure to re-organize the business into four distinct business divisions, reflecting the key target markets
.....indicates that things haven\'t progresses as much as hoped
QTMM: I like my position and Signs of Steady Progress
......total Deficit as of last 10Q
http://www.otcmarkets.com/edgar/GetFilingHtml...LANCESHEET
Nanoco 2014 pre-tax loss was £9m, up from £5m.
.....that\'s $13624605.00 USD = 62.58% of QTMM total deficit, WOW!
........................................................................................
Nanoco joins London Stock Exchange main market R
The net proceeds of the Placing of £18.65m will enable Nanoco to fund its growth plan, involving accelerated research, development and commercialisation in its four key target markets - electronic display, LED lighting, solar power and biological imaging.
\" The proceeds from the Placing will allow us to accelerate the commercialisation of our technology through the funding of further R&D and through the formation of four distinct business divisions focused on our key target markets of electronic display, LED lighting, solar power and biological imaging.
\"We are very excited by our commercial progress in the display market. We expect, the first LCD TVs to incorporate our technology to be launched in the near future and our worldwide licensing partner Dow is close to commissioning its mass production plant in South Korea, where Nanoco quantum dots will be manufactured in much larger quantities.\"
http://www.manchestereveningnews.co.uk/busine...ge-9160682
Losses widen at Nanoco, but group optimistic about future
Losses have widened at Nanoco Group, the AIM listed nanotechnology firm.
Revenues for the year to the end of July were £1.43m, down from £3.93m last year, while pre-tax loss was £9m, up from £5m.
....... Revenues Down (63.61%) Pre-Tax Loss Increase of 80%
Nanoco, a University of Manchester spin-out company, said the loss was as a result of lower joint development revenues and higher payroll and other operational costs associated with commercialising its technology in the display market.
During the year, the group entered into a partnership with worldwide licensing partner The Dow Chemical Company, which will begin construction of the world’s first, large-scale cadmium-free manufacturing plant in South Korea using Nanoco’s patented technology and with production to begin in the first half of next year.
......this remains to be seen
In the meantime Nanoco commissioned two new Semi-Tech lines - giving it a total of four lines at The Heath Business and Technical Park in Runcorn.
These production lines are used to produce large quantities of high quality sample materials for the display industry .
.......increased operational costs, but imagine they\'re hoping for volume sales. What happens if DOW plant doesn\'t come on line or R&D runs into headwinds?
Nanoco said it expects that initial commercial orders for Nanoco quantum dots will be manufactured and delivered from the Runcorn facility until Dow’s commercial production plant comes on line.
http://www.manchestereveningnews.co.uk/busine...ic-7931861
......expectations may or may not happen; meantime it sounds like they\'re dependent upon Runcorn.
(These production lines are used to produce large quantities of high quality sample materials for the display industry) of course that statement could refer to all lines or just the 2 new ones.
Hmmmmm. Nanoco revenues: Revenues for the year to the end of July were £1.43m, down from £3.93m last year, while pre-tax loss was £9m, up from £5m.
The pre-tax loss for the yr is 9 Money raised via uplisting 18.65 so last yr pre-tax loss = 48.26% of $$ raised........wonder what happens if things don\'t go as hoped for? Yikes!....could be Bigger Deficits
said the loss was as a result of lower joint development revenues and higher payroll and other operational costs associated with commercializing its technology in the display market.
In the meantime Nanoco commissioned two new Semi-Tech lines - giving it a total of four lines at The Heath Business and Technical Park in Runcorn.
.......which would seem to also require additional staff and associated expenses
Nanoco said it expects that initial commercial orders for Nanoco quantum dots will be manufactured and delivered from the Runcorn facility until Dow’s commercial production plant comes on line.
.......the DOW plant has yet to be commissioned
Dow is close to commissioning its mass production plant in South Korea
.......meaning not yet. We also know the price for cfqd is being renegotiated lower and some source(s) of hoped for funds for Dow dried up........(lower prices mean lower returns for Nanoco royalty and mayhap a corresponding increased burn rate)
The questions also remain as to whether DOW will build or when said plant will be completed.
Hiring additional research and development staff and enhancing the senior management structure to re-organize the business into four distinct business divisions, reflecting the key target markets
.....indicates that things haven\'t progresses as much as hoped
QTMM: I like my position and Signs of Steady Progress
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