The facility in Star Park is only a pilot project
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Posted On: 05/17/2018 5:03:04 AM
The facility in Star Park is only a pilot project that propels the operation in China. Chinese QDLED TV makers are working relentlessly around the clock striving to meet the demands from the 1.4 billion population, so it will be quite a while before we see dirt cheap high quality QDLED TV in our domestic market such as those from TCL and Hisense. The quantum dot production in QMC Asia (QMA) and QMC's optical film partners in China will drive the expansion of QDLED TV market in China. QMC's 50% interest in the profit of QMA's alone will drive QTMM share price skyward. Embrace for the good news of major sales contracts between QMC's optical film partners and big Chinese TV makers. QMA's operation is our ticket to an early retirement.
Excerpt from past news:
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.
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.
Excerpt from past news:
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.
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.
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