Banoffee : You are right, I read the Update too

Banoffee : You are right, I read the Update too hastily and missed some detail. Ignore my previous "Highlight of shareholder update", this is my revision, it is even batter, for it makes no sense for QMC to transfer its top secret production technology to another "chemical company" to earn royalties. Stephen's strategy is to penetrate the huge display market through dealing with a big company which already has dominance in the market, that is, in the Organic LED market. If my insight proves to be right that QMC is dealing with UDC, QMC's sales of QD will accelerate very rapidly, so will share price.

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Highlight of Shareholder Update October 19, 2017
https://www.sec.gov/Archives/edgar/data/14035...ex99-1.htm

The delay in filing 10K is caused by the "predatory action" of a lender.

Question: "What is that "predatory action"? Stephen should strive and find other financing source to clear any debts associated with that "predatory lender", for it is detrimental to the company's continuous operation. All concerned long term loyal shareholders should phone/email Stephen to offer their equity financing to eradicate all debts associated with any of the company's "predatory lenders". Those who don't care about their own investment in the company should sell all their holdings and move on.

Stephen mentioned Universal Display Corp (UDC), a dominant Organic LED manufacturer, because he has the vision of QMC becoming a dominant Quantum Dot supplier as big as UDC or he may has a strategy in penetrating the huge TV Display market by capturing UDC's customer base through a dealing with UDC by selling QD to it. UDC has an annual sales of $200 million, its stock has P/E ratio of 100 with market cap of $6 billion. QMC Corp is also dealing with the world's largest chemical company and is optimizing its QD to meet the specifications of this company. Who knows, may be this chemical company is UDC.

My vision for the future of QTMM share price:
http://bigcharts.marketwatch.com/advchart/fra...51&y=8


QMC is establishing customer base in China with major companies in the Display industry with its QD films manufactured by one of its thin film partners in U.S. QMC Asia will supply additional quantum dots when demand for QD films grows in China.

QMC is planning to double its annual production from the current 2.25 metric tonnes to 4 metric tonnes as was planned.

Stephen is extremely sanguine that the quantum dot industry forecasts that future QD LED film sales will emulate and exceed the current sales in Organic LED films. But QMC has no control of how fast its film partners can capture the QD LED film market and generate accelerating sales. We must allow our partners to progress at their own pace and ensure no massive recall of their film products will occur as happened in the massive recall in Samsung's mobile devices, for such massive recall will be detrimental to QMC's operation. So shareholders' patience is needed. Stephen does not want to make financing with short-term investor groups as their propensity in short term profit taking will affect QTMM share price. The company is progressing steadily in improving its QD performance and is introducing variety of new QD to meet the demand from the Display industry. The share sell off in the market does not reflect lack of confidence in the company, rather, it reflects the lack of patience in short term investors. In any adversity, there is an opportunity of equal magnitude: The dismiss of short term investors will enhance stronger and higher share price for long term faithful shareholders.