Annual global TV shipment is about 260 million set

Annual global TV shipment is about 260 million sets
https://press.trendforce.com/press/20180123-3054.html
QMC's film partners need to capture only 1.5% of the market or 4 million sets to drive QMC producing at full capacity of 4 tonnes (4 million grams) annually.

Current operating expenses without production
= $7.7 million annually = Average $650K per month = $1.9 million per quarter.

With commercial QD production, assume OVERALL operating expenses = 60% of Sales Revenue

Annual QD production at full capacity (gram)___ (A) $4,000,000

Average Monthly Sales (gram) (A/12) _________ (S) 333,333
Average QD Sales Price ($/gram)____________ (C) $100
Monthly Sales Revenue (S*C)_______________ (D) $33,333,333
Monthly Operating Expenses (60% of Sales Rev) (E) $20,000,000
Monthly Net Earnings (D-E)_________________ (F) $13,333,333
Quarterly Net Earnings (3*F)________________ (G) $40,000,000
Annualized Net Earnings (12*F)______________ (H) $160,000,000
Shares Outstanding_______________________ (J) 500,000,000
Annualized Net Earnings per share (H/J)_______ (K) $0.320
P/E ratio (Price/Annualized Earnings per share)__ (L) 10

Share price______________________________ (M) $3.20


At a shareholder meeting last year, the management hinted to increase annual production capacity to 7 tonnes (7 million grams). So something big is in the making.

Stephen Squires (Shareholders Update): "We are confident with absolute certainty that we will deliver our products to the market..... "