Stephen: "We have continued to maintain a very
Post# of 22454
"We have continued to maintain a very lean operation and continued to focus on aggressive cost cutting measures that we implemented in January. This has allowed us to further reduce our monthly burn rate while sustaining our R&D programs."
"Our quantum dot display materials simply can’t be sold into the display industry without being integrated into an optical film. The leading display industry optical film manufacturers (our film partners) are large multi billion dollar corporations and we have absolutely no influence on their speed to market. Although some do seem to move more quickly than others all of them have established quality control methodologies that help them insure they do not produce a product that fails once sold. Although some of these seem redundant and others seem trivial it is easier to understand the importance of these methods after witnessing the recent, massive recall of Samsung Note 7 phones. I think we are very fortunate to have partners with vast resources and although the time to market seems excruciatingly slow, I can’t imagine how our company would recover from a massive recall. Through the process of working closely with these large companies we have gained a great deal of knowledge about the display industry and how it works. The more we have learned the more favorable a licensing model appears to us. Our company’s strengths are in our ability to develop new and novel materials that enable revolutionary things. In addition we have developed the process technology that allows us to produce these extraordinary materials in high volume and at low cost. I can assure you after 8 years of trial and error achieving this is not trivial. I absolutely believe our team is the most advanced in the entire world at developing and producing Nanomaterials using continuous flow technology. With that said I believe a properly negotiated licensing agreement with one or more display industry giants will allow us to achieve rapid market penetration with much less risk as compared to ramping production organically, developing a supply chain and going through the rigorous process of becoming an approved supplier to a large number of these mega companies".
"We are now producing high performance red and green quantum dots daily and shipping samples nearly as often. We have significantly expanded the number of display industry customers that we are working with and we are producing and shipping materials for a wider variety of display integration approaches"
"We have also begun to generate modest revenues from the sale of our quantum dot samples to our display industry customers. All indications are that these sales volumes will continue to increase and alone have the near term potential to cover a measurable portion of our monthly burn rate. Any additional sales realized from our point of sale efforts will enhance this further"
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Condensation of Stephen's Update:
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TV makers do not buy raw quantum dots, they buy QD LED Display film from their film supplier, so we are supplying qunatum dots to the display industry indirectly through our film partners and our quantum dot sales depend mainly on orders from them. Our film partners are multi-billion business companies which has established quality control methodologies that ensure their products are reliable, we have absolutely no influence on their speed to capture the market. We are very fortunate to have such partners with vast resources. All indications are that our quantum dot sales wil continue to increase. Any Online quntum dot sales to researchers and other innovative entrepreneurs will further increase our sales revenue. We are producing and shipping quantum dots out nearly daily.
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Vision for QTMM's future (price scale divided by 7.82 as O/S share is 368 million vs 67 million share of the other company)
http://bigcharts.marketwatch.com/advchart/fra...=0&y=0
- QD LED display needs no color filter, so no light is loss in the filter resulting in brighter images with vivid 100% color gamut.
- QD LED will not degrade in wet/high humidity environment as it contains no carbon as a component.
- QD LED leaves no burn-in image because it is made of 100% metallic semiconductor with no carbon as a component.
- Because quantum dot LED are cheaper and easier to make, QD LED will increase profit of TV manufacturers due to lower quantum dot LED thin film prices.
- QD LED TV will sell better because sale prices are lower and QD LED TV will last longer.
If the other company can perform so well, with quantum dot far more superior than the current dominating display technolgy, why QTMM will not emulate and even exceed it? Some TV makers are already adding quantum dot to their current display technology to increase brightness and enhance color gamut in order capture more sales. It is only a matter of time increasing number of TV makers will switch to display technology that uses 100% quantum dot.
Major sales contracts between QMC's film partners and big TV makers are likely on the horizon, and when such news is released, QTMM rocket will be in orbit.
Quantum Dot Light Emitting Diode TV Display is the future.
Source of Information:
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http://www.qmcdots.com/press/ShareholderUpdate.pdf
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