Remember the Big Picture. We are only playing in a kiddy pool with daily trade value of only $33K, even with daily volume of 3 million, the trade value is only a paltry $90K, it is a drop in a bucket for big investors. Wait till good news of sustainable revenues flowing in, the kiddy pool will turn into an Olympic pool with daily trade value in $million and share price under $1 will be history as institutions and hedge fund managers hoard up shares. Its not "If" it will happen rather "When" it will happen. QMC has very low operating cost, it does not take much for it to achieve positive Earnings, it is revenue and positive Earnings that MM/big investors are invested in the company, not its "potential" in JV, licensing agreement, breakthrough in quantum dot or product development. Such news in the past had no impact on share price at all. Only revenue news did and will drive share price up in a drastic way, especially sustainable revenues, nothing else will because big investors see QMC as a growth oriented company, not in a P&D operation.
Expect an explosive breakout from the one year side way formation. The bigger the system and the longer the consolidation, the stronger will be the breakout and more extensive will be the up trend.