https://www.globenewswire.com/news-release/2019/09
Post# of 22456
QMC’s proprietary QDXTM Quantum dots are lab-designed atomic crystals between 10 and 100 atoms in size and which are finely tunable to emit specific (un-copiable) color signatures. These signatures can be scanned via inexpensive hand-held devices, digitized and stored on QMC’s QDXTM Ledger blockchain
http://www.globenewswire.com/news-release/202...tions.html
January '20 letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies, LLC.
Speculation:
The JV compay will be manufacturing Anti-counterfeit good scanners (eBay, Amazon, Walmart will be the biggest user of the scanners among millions of merchants)
Annual worldwide sales of Anti-counterfeit good scanners: 4 million units (an extremely conservative estimate)
Price per unit: $50
Total annual sales: $200 million
Net profit at 50% margin: $100 million
QMC's share of profit: $50 million
Revenue from sales of scanners, excluding royalties from Indian licensee and sales of quantum dots to brand name manufacturers
Annual Revenue________50,000,000
Annual Operating Cost __7,000,000
Net Earning____________43,000,000
Share Outstanding______750,000,000
Net Earning per Share___0.06
P/E ratio_______________40
Projected share price____$2.30