The 6-month Head&Shoulder pattern in the weekly ch
Post# of 22465
(Total Views: 358)
Posted On: 01/30/2020 12:51:30 PM
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The 6-month Head&Shoulder pattern in the weekly chart still shows a "fail break" posture with an Up Reversal as investors anticipate good news from the QD Blockchain-Anti-counterfeit operation and from the Joint Venture in forming a JV compnay named Quantum Materials Vertical Technologies.
Scenario: A sharp break out from the January convergence in February sending share price back to 5.25 cents ahead of 2020 Q1 financial report due on May 15 which may report around $3 million revenue.
$1 million licensing free (the first half of the fee is registered as account receivable, not revenue)
$1 million for the sales of the 2 micro reactors
$0.5 million sales in ancillary equipment
$? for ongoing training/consultant fees at the company's Head Quarter in San Marcos.
QTMM weekly chart
https://stockcharts.com/h-sc/ui?s=QTMM&p=...7489991782
QTMM monthly chart
http://bigcharts.marketwatch.com/kaavio.Webho...mocktick=1
John T. Hartigan, the company's Chief Revenue Officier (January 9): "Significant Solar revenue has begun, additional deals far along in pipeline. Many material milestones being hit - emerging tech the future is bright!"
https://twitter.com/hartigan_john/status/1215289189937373185
Stephen Squires (January 27, 2020 Update): "Our licensee has already made significant payments and additional payments are due to us once the reactors are setup and tested. This will allow us to recognize revenue once these benchmarks are met. We will also be delivering pre and post processing equipment this year.".
Events to be unfolded:
- Licensee Amtronics's quantum dot production will begin in Q1, 2020
- Delinquent reports will be filed and listing in OTCQB restored.
- Good news on the Joint Venture in the formation of Quantum Materials Vertical Technologies and QD Blockchain Anti-counterfeit project (new business partners among brand name manufacturers interested in implementing the Anti-counterfeit measure and new licensees interested in QMC's automatic continuous flow quantum dot production technology).
- 2020 First Quarter financial report due on May 15 will report revenue of around $3 million from licensee Amtronics for licensing fee, sales of micro reactors and ancillary equipment, training/consultant fees and milestone event payments. The first commercial revenue which marks an important milestone in the history of Quantum Materials Corp is a precursor to the inflow of sustainable revenues.
History proved that ONLY news of revenue did send share price surging or soaring
https://investorshangout.com/images/MYImages/...evenue.gif
QTMM 5-year weekly
.png)
Scenario: A sharp break out from the January convergence in February sending share price back to 5.25 cents ahead of 2020 Q1 financial report due on May 15 which may report around $3 million revenue.
$1 million licensing free (the first half of the fee is registered as account receivable, not revenue)
$1 million for the sales of the 2 micro reactors
$0.5 million sales in ancillary equipment
$? for ongoing training/consultant fees at the company's Head Quarter in San Marcos.
QTMM weekly chart
https://stockcharts.com/h-sc/ui?s=QTMM&p=...7489991782
QTMM monthly chart
http://bigcharts.marketwatch.com/kaavio.Webho...mocktick=1
John T. Hartigan, the company's Chief Revenue Officier (January 9): "Significant Solar revenue has begun, additional deals far along in pipeline. Many material milestones being hit - emerging tech the future is bright!"
https://twitter.com/hartigan_john/status/1215289189937373185
Stephen Squires (January 27, 2020 Update): "Our licensee has already made significant payments and additional payments are due to us once the reactors are setup and tested. This will allow us to recognize revenue once these benchmarks are met. We will also be delivering pre and post processing equipment this year.".
Events to be unfolded:
- Licensee Amtronics's quantum dot production will begin in Q1, 2020
- Delinquent reports will be filed and listing in OTCQB restored.
- Good news on the Joint Venture in the formation of Quantum Materials Vertical Technologies and QD Blockchain Anti-counterfeit project (new business partners among brand name manufacturers interested in implementing the Anti-counterfeit measure and new licensees interested in QMC's automatic continuous flow quantum dot production technology).
- 2020 First Quarter financial report due on May 15 will report revenue of around $3 million from licensee Amtronics for licensing fee, sales of micro reactors and ancillary equipment, training/consultant fees and milestone event payments. The first commercial revenue which marks an important milestone in the history of Quantum Materials Corp is a precursor to the inflow of sustainable revenues.
History proved that ONLY news of revenue did send share price surging or soaring
https://investorshangout.com/images/MYImages/...evenue.gif
QTMM 5-year weekly
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