The motive of the lenders is only a smoke and mirr
Post# of 22455
Also operation update for QMC Asia (QMA). Based on previous news, QMA's production must has started in Calendar Q4 of 2017, the same time QMC started its online QD sales, so 50% profit from QMA's operation could be rolling in.
Extracts from Page 24, 25 of Management Discussion and Analysis, July 6, 2017
https://www.sec.gov/Archives/edgar/data/14035...qa.htm#a_8
We expect to commence generating revenues from the production of materials at the San Marcos facility in the fourth quarter of 2017. Such revenues are expected to be modest at first and will be dependent upon our ability to generate purchase orders from development partners.
On January 30, 2017, Guanghui Technology Group (GTG) reported an investment commitment from the China Government Guidance Fund of 150 million RMB (US $21.8 million) for the benefit of the QMA partnership. Quantum Materials Asia intends to initiate production in the second quarter of our fiscal year ending June 30, 2018 (Calendar Q4, 2017). The initial focus will be the delivery of quantum dot materials to the China Display industry. Quantum Materials Corp. is currently training key personnel intended to be deployed to support QMA’s schedule and is providing sample materials to a number of Chinese display industry companies. Quantum Materials Corp. will supply production knowledge and personnel to the joint venture in return for a 50% profit interest and a 25% ownership interest in QMA.
Extracts from Shareholders Update, October 19, 2017
http://www.qmcdots.com/press/ShareholderUpdate.pdf
Our China strategy is to initiate Quantum Dots film sales into the China market first using films produced by one of our film partners using quantum dots produced by Quantum Materials Corp and once QMA has established Quantum Dots production in China they will supply additional volume of Quantum Dots as demand for the film product grows. QMA has formidable relationships with a number of Chinese top display manufacturers and we remain confident once we have a Quantum Materials Corp based film product in the market it will be rapidly adopted in China and will be the catalyst for QMA’s rapid growth and expansion. In the meantime Quantum Materials Corp is developing advanced nano materials for a variety of commercial platforms where QMA will take the lead in setting up production and producing the nano-material enabled end product.
Current annual QMC quantum dot production capacity: 4 million grams.
QMC's potential QD sales to film partners for their sales of optical films to quantum dot TV makers for 4 million TV set at quantum dot price of $100 per gram: $400 million.
Net profit at 40% profit margin: $160 million
Net profit per share at 500 million shares outstanding: $0.32
Share price at P/E ratio of 4: $1.28
Share price at P/E ratio of 10: $3.20
http://stockcharts.com/h-sc/ui?s=QTMM&p=W...5703258196