Based on fundamentals and chart technicality, you may have 3 months left to load up under 5.5 cents. Inflow of revenue should has happened in the fourth quarter of 2019 as forecasted in the 2019 January 16 Shareholder Update if the Assam government has received funding from the Central government and February 14 could be the rocket launching date upon filing of the 2019 Q4 10Q. Due to the delay in funding and due to the delinquent 10K and 10Q's, it may be postponed to May 15. May 15 was a significant date that launched share price to the historical record high of 45 cents. Media news of Dec 5 announced that the Assam government has received US$27 million dollar funding from the Central government for the Smart Tech City project, that is why the landscaping activities in Block 6,7 has started in November, may be the above ground construction of the quantum dot application products manufacturing plant is already underway, pending on confirmation from the next aerial photo. My Indian landlord is visiting India for 3 weeks, I asked him to take a video of the Tech City while landing on the LGBI airport and he promised, hope he will upload it in Youtube soon. Stephen said technical personnel from Amtronics are in training at the company's Head Quarter in San Marcos and John Hartigan, the CRO of the company posted momentarily in Twitter informed that "significant revenue has begun". So the long overdue payment from Amtronics is being received and according to the January 16 Update, revenue for 2020 is expected to be between $7 million and $10 million from licensing fee, sales of reactors, ancillary equipment, training and consulting fees. If all the delinquent reports will be filed, listing will be upgraded to OTCQB again for the second time and good news on the QD-Blockchain-Anti-Counterfeit project will be out and if 2020 Q1 report due on May 15 will be filed on time it will likely report revenue of at lease $2 million, sending share price soaring, hopefully making new historical high. The pending report on revenue is significant because it will make an important milestone in the history of QMC: The company's first commercial revenue, a precursor to sustainable revenue with minimum royalties revenue from licensee Amtronics starting in 2021, further enhanced by potential sustainable revenue from the global $1.8 trillion counterfeit market.
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Quantum Materials Corp. (QTMM) Stock Research Links
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