Rome is not built in one day, there are numerous o
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1) Achieving automatic continuous flow production to optimize yield and minimize production cost.
2) To refine and optimize Red, Green, Blue quantum dots for long life span without degradation.
3) To ally with multi-billion dollar business film partners and integrate QMC's Cadmium free quantum dots in optical films with the flexibility of meeting customer specifications.
4) To penetrate the TV display market.
5) To become the world's number one quantum dot supplier with lowest prices and at highest quality.
Stephen Squires has already accomplished the first 3 criteria and is awaiting for market penetration.
Stephen Squires (Oct 19 Shareholders Update):
"Our quantum dot display materials simply can’t be sold into the display industry without being integrated into an optical film. Our film partners are comprised of some of the display industry’s leading companies, these optical film manufacturers are large multi-billion dollar corporations and we have absolutely no influence on their speed to market. I believe with absolute certainty that we will succeed in delivering our products and technologies to the commercial market".
While the OLED is still the latest nascent technology in TV display but its days are numbered due to its short life span, complicated and high manufacturing cost, burn-in defect and degradation in high humidity enviornment.
OLED has a life span of about 14,000 hours. Based on TV viewing of 8 hours per day, OLED TV has a life span of about 5 years. Those OLED TV sold in 2013 may start to show signs of degradation. Wait till complaint from OLED TV owners starts to surface, each OLED will be replaced dot by dot by QDLED.
QDLED does not degrade in high humidity environment, it is cheaper and easier to make, thus offers consumers cheaper QDLED TV with longer life span. Wait till Active Matrix QDLED TV without LCD and without backlight starts coming out to the market, the brilliant brightness, infinite contrast and vivid 100% color gamut will blow your mind. Active Matrix Quantum Dot Light Emitting Diode TV will be the utimate TV display technology.
The sharp January Down Reversal may signal game over for this BETAMAX:
http://bigcharts.marketwatch.com/advchart/fra...=0&y=0
After the 2017 10K and subsequent 10Q for fiscal Q1, Q2, Q3 are filed in June, a stream of good news may follow:
- QMC's film partners' big sales contracts with TV makers. This will be the utimate milestone which commences QMC's quantum dot penetration into the Display market.
- QMC licensing agreement with one of world's biggest chemical companies, the deal will provide QMC a steady licensing fee income.
- The commencement of quantum dot production in QMC Asia (QMA). China has the biggest quantum dot market in the world. QMC and Guanghui Technology Group (GTG) in China will each earn 50% of QMA's profit.
- QMC's report on its Online quantum dot sale figures. (NN Lab of Arkansa has been striving securely by selling its quantum dots online alone in the past 10 years: ( https://www.nn-labs.com/product-catalog/cdse/ )
As Canaccord's rich clients around the world who are long term investors load up QTMM shares, share price will surge over $1 in no time. The predatory lender has helped to get rid of impatient short term speculators whom Steven said are the culprits suppressing share price in an up trend caused by their profit taking. One man's trash is another man's treasure here.