Here's some excerpts to help understand whats going on:
April 2016: “We accomplished our goal with the recent financing,” stated CEO Stephen A. Squires. “The funds raised this week leave the company well positioned to finalize the development of quantum dot products with our partners as we look forward to achieving significant revenues starting later in 2016.” Several directors and officers participated in the financing, for which Roth Capital Partners served as sole placement agent.
May 2016: Quantum Materials has begun shipping additional deliveries of cadmium-free quantum dot samples to its partners (Nitto Denko Japan a Billion Dollar Company) and is scheduled to increase shipment quantities as development reaches pre-commercial scale later this year. The Company anticipates that, in conjunction with its partners, commercial quantities of a high performance cadmium-free quantum dot film will be available to display manufacturers in early 2017.
June 2016: Leading North American quantum dot manufacturer Quantum Materials Corporation (OTCQB:QTMM) announced that company board member Sri Peruvemba will be expanding his leadership role with the company to take the helm as Chief Executive Officer effective June 30, 2016. While founder and current CEO Stephen Squires will continue to have a strategic role, this change will enable Mr. Squires to focus more effort on Solterra Renewable Technologies, the wholly-owned subsidiary developing solar cells where QMC’s proprietary tetrapod technology offers promise to be a predominant QD photovoltaics technology. In addition, Mr. Squires will continue his role as CEO of Quantum Materials Asia Co., Ltd., the company’s joint venture with Guanghui Technology Group China (“GTG”) announced in January, 2016. GTG is funding 20 Million to set up Quantum Materials reactor in Hong Kong.
Comment: Why would Sri become CEO for company like QMC when his accolades include CEO of Marketer International and Head of Marketing for the Society for Information Display, Sri must see a company emerging and a NASDAQ uplisting. Required for uplisting is an Independent board and a 3.00 share price. This frees up Steve to build out QMC Asia and put in a reactor at the expense of GTG China.
GTG China Newsletter: China Economic Net Beijing May 8 news (reporter Li Wanxiang) May 8 morning, quantum materials (Asia) Co., Ltd. The first working meeting of the Board Beijing Nikko New Century Hotel. The meeting was chaired by the Chairman Mr. Liu. Mr. Stephen Squires founder and president of Quantum Materials Corp. company, Dr. Liu Peng and other members of Directors attended the meeting, some executives to attend the meeting.
It is understood that the meeting made three important decisions. First, with the Nobel Prize of Science and Technology (Beijing) Co., Ltd. to cooperate, invest and build factories in China, producing quantum materials. Second, the establishment of quantum materials applied R & D center in China to promote the application of quantum dots in the display, lighting, solar power, communications and other fields. Thirdly, in order to promote the production and application of quantum materials, the formation of a "quantum Material Industrial Investment Fund", the scale of 5 billion yuan.
Liu introduced quantum materials (Asia) Co., Ltd. registered in Hong Kong by the Hong Kong Science and Technology Co., Ltd. and brilliant American Quantum Materials Corp. (abbreviated QMC) co-financing, each holding a 50% stake. QMC is a North American listed company specializing in the production of quantum dot material, but also the world's most competitive quantum dot material suppliers. Compared with other peers, QMC produce quantum dots do not contain toxic substances - cadmium, and the best quality, lowest cost, the largest output.
Mr. Stephen Squires talked about the future of quantum dot material is one of the world's most promising new material. The size of the quantum dots is about 2 to 20nm, a small number of atoms. With different size and internal structure, can emit different colors of light. When sufficiently precise size, bright red, green and blue light can be issued, and easy to adjust, it can be more precise control of color display in the display, a plurality of areas of lighting, storage, genetic markers, drug screening, solar power, communications, security, etc. They are likely to set off a revolution.
It is reported that in China the production of quantum dots, will directly fill the gaps in this field, while helping to promote change in our part of the industry.
April 2016: “We accomplished our goal with the recent financing,” stated CEO Stephen A. Squires. “The funds raised this week leave the company well positioned to finalize the development of quantum dot products with our partners as we look forward to achieving significant revenues starting later in 2016.” Several directors and officers participated in the financing, for which Roth Capital Partners served as sole placement agent.
May 2016: Quantum Materials has begun shipping additional deliveries of cadmium-free quantum dot samples to its partners (Nitto Denko Japan a Billion Dollar Company) and is scheduled to increase shipment quantities as development reaches pre-commercial scale later this year. The Company anticipates that, in conjunction with its partners, commercial quantities of a high performance cadmium-free quantum dot film will be available to display manufacturers in early 2017.
June 2016: Leading North American quantum dot manufacturer Quantum Materials Corporation (OTCQB:QTMM) announced that company board member Sri Peruvemba will be expanding his leadership role with the company to take the helm as Chief Executive Officer effective June 30, 2016. While founder and current CEO Stephen Squires will continue to have a strategic role, this change will enable Mr. Squires to focus more effort on Solterra Renewable Technologies, the wholly-owned subsidiary developing solar cells where QMC’s proprietary tetrapod technology offers promise to be a predominant QD photovoltaics technology. In addition, Mr. Squires will continue his role as CEO of Quantum Materials Asia Co., Ltd., the company’s joint venture with Guanghui Technology Group China (“GTG”) announced in January, 2016. GTG is funding 20 Million to set up Quantum Materials reactor in Hong Kong.
Comment: Why would Sri become CEO for company like QMC when his accolades include CEO of Marketer International and Head of Marketing for the Society for Information Display, Sri must see a company emerging and a NASDAQ uplisting. Required for uplisting is an Independent board and a 3.00 share price. This frees up Steve to build out QMC Asia and put in a reactor at the expense of GTG China.
GTG China Newsletter: China Economic Net Beijing May 8 news (reporter Li Wanxiang) May 8 morning, quantum materials (Asia) Co., Ltd. The first working meeting of the Board Beijing Nikko New Century Hotel. The meeting was chaired by the Chairman Mr. Liu. Mr. Stephen Squires founder and president of Quantum Materials Corp. company, Dr. Liu Peng and other members of Directors attended the meeting, some executives to attend the meeting.
It is understood that the meeting made three important decisions. First, with the Nobel Prize of Science and Technology (Beijing) Co., Ltd. to cooperate, invest and build factories in China, producing quantum materials. Second, the establishment of quantum materials applied R & D center in China to promote the application of quantum dots in the display, lighting, solar power, communications and other fields. Thirdly, in order to promote the production and application of quantum materials, the formation of a "quantum Material Industrial Investment Fund", the scale of 5 billion yuan.
Liu introduced quantum materials (Asia) Co., Ltd. registered in Hong Kong by the Hong Kong Science and Technology Co., Ltd. and brilliant American Quantum Materials Corp. (abbreviated QMC) co-financing, each holding a 50% stake. QMC is a North American listed company specializing in the production of quantum dot material, but also the world's most competitive quantum dot material suppliers. Compared with other peers, QMC produce quantum dots do not contain toxic substances - cadmium, and the best quality, lowest cost, the largest output.
Mr. Stephen Squires talked about the future of quantum dot material is one of the world's most promising new material. The size of the quantum dots is about 2 to 20nm, a small number of atoms. With different size and internal structure, can emit different colors of light. When sufficiently precise size, bright red, green and blue light can be issued, and easy to adjust, it can be more precise control of color display in the display, a plurality of areas of lighting, storage, genetic markers, drug screening, solar power, communications, security, etc. They are likely to set off a revolution.
It is reported that in China the production of quantum dots, will directly fill the gaps in this field, while helping to promote change in our part of the industry.
2
