> WHAT'S TAKING QTMM SO LONG???
http://investorshangout.com/post/view?id=4343227
Here are some answers a previous employee from Quantum Materials Corp. (QMC) posted on Investor Hangout to answer a question about why QMC has not had sales as of yet –
One of the reasons is that the market changed to one demanding Cadmium-free quantum dots. That's a big reason. Luckily QMC had both IP and automated process machinery to speed up development to a point where now QMC is evidently promoting a QD Film that meets and exceeds requirements of the display industry.
Another thing to realize is that unless there is a commitment to an exclusive arrangement, the QD film that gets accepted by one company should gain acceptance from all companies , perhaps with minor variations. So getting to a 'sale' means the opportunity for many sales.
But Joint Ventures are the primary goal because rather than selling only the raw material, by participating in the development of the JV's end product, QMC can share in the greater profit of the value-added products. Sales can be made, in some cases, first if it is a premium price, and/or if a royalty on the units sold (or some other metric) is added. So, depending on the path and the goal you can see there would be many variables to consider to maximize profits in the long term, which is the path to the greatest benefit for the shareholders of the company .
Steve Squires thinks long-term. I say he is a visionary , and I have seen him work for six or more years now. In 2009 he published a paper on how QD solar cells are the only economical and green solution to the problems and dangers of global warming. Its a dire situation, but the Chinese are motivated and mentioned solar power in their last PR. I am sure that was a motivator for Steve who has sought financial backing for Solterra for all these years. Its closer now to getting started, and Jabbour will evidently lead those efforts. Jabbour has been with Steve since Day One and they share these goals.
I cannot explain how difficult it is to close a deal of the size and types we aim for. The China partners have been in the works for over two years now to get to this point. You have seen in the PRs how long we have been working with our Display partners, and we have and will hold out for the best terms. Anything less sends a message to companies that they can take advantage of us, and Steve is pretty sharp at seeing all sides of a situation. So the idea that QMC is not working in the best interests of the shareholders because they have not make short-term small sales is short sighted. When you consider that the quantum dot display market will grow immensely between now and 2020, that the QLED, Solar, Batteries, Ultracapacitor, anticounterfeiting, anti-aging, sensors, RFID, etc., are just or soon will begin , one can see that the company is trying to develop organically so that its base is strong as it branches into new areas.
One last reason is that the market was not ready for quantum dots before now , and it is only in a few industries, like Displays, for example, that commercial products are being introduced. Quantum dots were too expensive previously to business plan products that would be commercially accepted. One could say most of the industries mentioned in the preceding paragraph are not ready for prime time QD. I went to industry tradeshows for years and asked everyone if they knew what quantum dots are, and got blank stares as if I was talking a foreign language. If the industries aren't working with quantum dots, you can't make them do it. I also found companies that wanted samples to experiment with, who had no idea of the protocols involved. You just don't make a quantum dot sale, you have to work with the client and in many cases find the answer to their problems and incorporated that into our product, or at least work with them to develop theirs. We are lucky to have the researchers who have stayed with us and they get a lot of the credit for moving us forward to where we are today.
Re: the departure of the board - I have not been associated with the company for some months now and was not there when the board left so any answer I give on that subject would be conjecture and unsubstantiated rumor. Mostly, I will say again, I believe QMC is stronger now with Squires back at the helm, and will move faster than with the just previous management. Squires sees the whole picture. When I worked there, although I was good at research, I was always surprised that he was in most cases, already familiar with the new information I found. So I look at the departure of the board as a good step forward, one that should bring less concern and worry because there is a better person leading the company. The fact that the China partner, GTG, felt confident in Steve Squires and Toshi Ando to announce their expanded plans for working with QMC is proof that there is no problem. The reason the old board left is moot.
In case you didn't know GTG is connected to BOE (Best of Everything) BOE is the largest Display (and many other products) manufacturer in China. Anyone who waits for the announcement of a contract at this point is leaving money on the table and is an utter failure at understanding the importance of relationships in business, especially in eastern cultures. This has been in the works for over two years. It did not happen overnight. You won't get rich overnight. But if you are looking to get into an Intel when they both started out, and hold it until they start throwing off dividends from all the JVs and industries they get into, this is it.
If you want to follow some of the shareholders thoughts like this or share some of your thoughts, sign into Investors Hangout and stay on top of the latest happenings. You will have to register to sign in for the QTMM board but it is 3 quick questions and FREE.
Click below for Quantum Materials Corporate site (QMC)
http://www.QMCDots.com
Invest wisely!
Bill
http://investorshangout.com/post/view?id=4343227
Here are some answers a previous employee from Quantum Materials Corp. (QMC) posted on Investor Hangout to answer a question about why QMC has not had sales as of yet –
One of the reasons is that the market changed to one demanding Cadmium-free quantum dots. That's a big reason. Luckily QMC had both IP and automated process machinery to speed up development to a point where now QMC is evidently promoting a QD Film that meets and exceeds requirements of the display industry.
Another thing to realize is that unless there is a commitment to an exclusive arrangement, the QD film that gets accepted by one company should gain acceptance from all companies , perhaps with minor variations. So getting to a 'sale' means the opportunity for many sales.
But Joint Ventures are the primary goal because rather than selling only the raw material, by participating in the development of the JV's end product, QMC can share in the greater profit of the value-added products. Sales can be made, in some cases, first if it is a premium price, and/or if a royalty on the units sold (or some other metric) is added. So, depending on the path and the goal you can see there would be many variables to consider to maximize profits in the long term, which is the path to the greatest benefit for the shareholders of the company .
Steve Squires thinks long-term. I say he is a visionary , and I have seen him work for six or more years now. In 2009 he published a paper on how QD solar cells are the only economical and green solution to the problems and dangers of global warming. Its a dire situation, but the Chinese are motivated and mentioned solar power in their last PR. I am sure that was a motivator for Steve who has sought financial backing for Solterra for all these years. Its closer now to getting started, and Jabbour will evidently lead those efforts. Jabbour has been with Steve since Day One and they share these goals.
I cannot explain how difficult it is to close a deal of the size and types we aim for. The China partners have been in the works for over two years now to get to this point. You have seen in the PRs how long we have been working with our Display partners, and we have and will hold out for the best terms. Anything less sends a message to companies that they can take advantage of us, and Steve is pretty sharp at seeing all sides of a situation. So the idea that QMC is not working in the best interests of the shareholders because they have not make short-term small sales is short sighted. When you consider that the quantum dot display market will grow immensely between now and 2020, that the QLED, Solar, Batteries, Ultracapacitor, anticounterfeiting, anti-aging, sensors, RFID, etc., are just or soon will begin , one can see that the company is trying to develop organically so that its base is strong as it branches into new areas.
One last reason is that the market was not ready for quantum dots before now , and it is only in a few industries, like Displays, for example, that commercial products are being introduced. Quantum dots were too expensive previously to business plan products that would be commercially accepted. One could say most of the industries mentioned in the preceding paragraph are not ready for prime time QD. I went to industry tradeshows for years and asked everyone if they knew what quantum dots are, and got blank stares as if I was talking a foreign language. If the industries aren't working with quantum dots, you can't make them do it. I also found companies that wanted samples to experiment with, who had no idea of the protocols involved. You just don't make a quantum dot sale, you have to work with the client and in many cases find the answer to their problems and incorporated that into our product, or at least work with them to develop theirs. We are lucky to have the researchers who have stayed with us and they get a lot of the credit for moving us forward to where we are today.
Re: the departure of the board - I have not been associated with the company for some months now and was not there when the board left so any answer I give on that subject would be conjecture and unsubstantiated rumor. Mostly, I will say again, I believe QMC is stronger now with Squires back at the helm, and will move faster than with the just previous management. Squires sees the whole picture. When I worked there, although I was good at research, I was always surprised that he was in most cases, already familiar with the new information I found. So I look at the departure of the board as a good step forward, one that should bring less concern and worry because there is a better person leading the company. The fact that the China partner, GTG, felt confident in Steve Squires and Toshi Ando to announce their expanded plans for working with QMC is proof that there is no problem. The reason the old board left is moot.
In case you didn't know GTG is connected to BOE (Best of Everything) BOE is the largest Display (and many other products) manufacturer in China. Anyone who waits for the announcement of a contract at this point is leaving money on the table and is an utter failure at understanding the importance of relationships in business, especially in eastern cultures. This has been in the works for over two years. It did not happen overnight. You won't get rich overnight. But if you are looking to get into an Intel when they both started out, and hold it until they start throwing off dividends from all the JVs and industries they get into, this is it.
If you want to follow some of the shareholders thoughts like this or share some of your thoughts, sign into Investors Hangout and stay on top of the latest happenings. You will have to register to sign in for the QTMM board but it is 3 quick questions and FREE.
Click below for Quantum Materials Corporate site (QMC)
http://www.QMCDots.com
Invest wisely!
Bill
