As Stephen said, the company's rapid growth cannot rely on selling quantum dots alone in the open market, quantum dots must be incorporated into QD application products that can be used by OEM such thin film transistors for the TV makers in the Display industry, thin film for isotope imaging and other applications in Biomedical Science industry, thin film for natural lighting products such as commercial and household light bulbs and for green house horticulture, thin film for quantum dot solar panels etc. Stephen said such thin film is being manufactured internally (by its subsidiary Solterra Renewable Energy) and by its 5 thin film partners. QMC's partners are multi-billion business companies which have huge customer base in their own industry: Display, Lighting, Biomedicine, Solar Energy but QMC has no control on the development, progress and capturing markets for their products. Once any of these nascent QD thin film products of QMC's thin film partners captures a big contract with big OEM companies, demand for QD from QMC's thin film partners will soar and QTMM share price will take flight.
For the time being, any QD sold online to other researchers and innovative entrepreneurs who have brilliant idea to capitalize on their nascent QD application products will sustain the company's operating expenses until good news that one or more of our thin film partners announced a big contract with their big end user QEM customers, then QTMM rocket will be in orbit. It is not a matter of "If" but "when". With the well established market in OLED, it will not take QMC as long as Universal Display Corp to hit a market cap of $6 billion, even exceeding it as OLED is confined only in Display application, Quantum Dot LED's applications transcend all industries, resulting in astronomical demands.
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