QD Anti-Counterfeiting Blockchain/India/Jan 20 Upd
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Posted On: 02/07/2020 11:54:01 PM
QD Anti-Counterfeiting Blockchain/India/Jan 20 Update
MILESTONES ACHIEVED 2019:
March ‘19 QMC receives $500K upfront licensing fee for Assam, India solar project,
April ‘19 QMC unveils industry first 100% cadmium free, RoHS compliant, quantum dot LCD display film with 95% Rec. 2020 color gamut coverage,
June ‘19 QMC announces $1Million equipment order for Assam India solar project,
July ‘19 QMC announces expansion of Assam India solar project in update,
August ‘19 QMC acquires Capstan Platform Inc. a leader in blockchain platform design to build QMC's anti-counterfeit product line. Jay Williams a long-time technology pioneer and architect joins QMC as Chief Technology Officer,
September ‘19 QMC establishes a business advisory board with deep experience and networks spanning supply chain, national security, government, technology, consumer goods, finance and more,
September ‘19 QMC announces anti-counterfeit focus with QDX Ledger Blockchain Platform and new hire John Hartigan as Chief Revenue Officer,
October ‘19 QMC releases update on our Assam, India licensee’s solar project with increased volume and revenue projected for 2021 due to expansion from the original 20,000 sq. ft facility to 75,000 sq. Ft.,
November ‘19 QMC provides vision and market opportunities for the QDX Ledger Anti-counterfeit Platform in live webinar,
January '20 letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies, LLC.
Jan 2020 Shareholder Update
TRUST IN THE LIGHT - BONDING THE PHYSICAL AND THE DIGITAL
The QDX™ Platform combines the molecular power of quantum dots and the security of distributed ledger technology (blockchain) to address the $1.2 trillion global counterfeiting and product liability problem.? The QDX platform is a cost effective passive additive technology that dramatically enhances tracking and security utilizing smart device technology.? Multiple global companies have begun exploration of the technology and how it can be implemented into their product lines and supply chains. Sectors such as apparel, luxury brands, oil & gas, high security ink and paper, defense, environmental, cannabis and many more are looking for solutions such as the QDX platform with the desire to integrate across their supply chains. Stay tuned for more exciting news to come about the QDX platform in 2020.
Operations Update Letter from QMC CEO Stephen Squires:
2019 Was an exciting year for QMC! We achieved significant steps to monetization of our quantum dot technology. We hit many important milestones technologically and commercially. QMC made a key acquisition with the purchase of Capstan platform digital assets and key hires to support expansion and growth. Solar production demand is increasing dramatically as does demand for quantum dots in the display space all of which QMC is leveraging to produce revenues and position itself as the leader in high volume, high quality, environmentally friendly quantum materials and production technologies.
Another major development is the QDX platform and our integration of quantum dot production and DLT/blockchain. It has become clear that quantum dots have the potential to be used in many applications as markers to identify physical items in specific locations in time and space. Up until now there was no way to identify the dots uniquely or serialize the dots. The QDX platform for the first time in history bonds the physical and the digital in a tamper proof highly secure digital environment. For the first time dots will be “branded", registered and serialized as they are produced and associated with a cryptographic hash identifier in the blockchain.
In another industry first QDX Ledger incorporating the latest distributed ledger protocols including Hyperledger Sawtooth and DAML. We will be sharing more details as the development nears completion in the third quarter. In the meantime, we are seeking proof of concepts with a number of significant companies that see the benefits of being early adopters of industry use cases. This technology opens up a myriad of business use cases and opportunities to fight the global $1.2 trillion counterfeit and product liability problem we are all affected by. We are well positioned to be the first quantum dot enabled revenue producing use case in the global track and trace marketplace.
Display manufacturers continue to court us and our cadmium free quantum dot technologies. As mentioned in our 2019 highlights, the achievement of the industry first 100% cadmium free RoHS compliant, quantum dot LCD display film to exceed 95% Rec. 2020 color gamut created inquiries for testing with multiple display OEMs to potentially license our capabilities. As many of you may have seen this last holiday shopping season, QLED and quantum displays are now mainstream. The demand for environmentally friendly quantum dots is exponentially higher than 12 months ago as evidenced by this headline: "Samsung to invest $11bn in cutting-edge quantum dot displays" - Nikkei Asian Review Moving into 2020. QMC is well positioned to take advantage of this new mass adoption of quantum dot displays and is hard at work to validate its next generation technology to the display screen marketplace.
There seems to be much misinformation regarding the uptake of quantum dots in displays. The marketplace is very dynamic and is rapidly become commoditized. Other than Samsung all, other QD displays are using some cadmium. As the Chinese display manufactures have now embraced cadmium solutions inexpensive cadmium display films are entering the market at low prices. All other current solutions require a barrier film in order to pass the long-term stability testing. QMC recognized that in order to succeed in this marketplace we need to deliver a cadmium free product that is RoHS compliant, provides superior REC 2020 performance and meet the stability requirements at a price point competitive with the Chinese pure cadmium offerings. The only way to achieve this was to eliminate the need for the barrier film. QMC has just completed the stability testing of this product and anticipate introducing it to the market during 2020. In parallel to this effort we remain active in our effort to license our display technologies to one or more significant display industry companies.
Solar demand and opportunities continue to grow. Though the Assam India solar project, our licensee had delays due to weather and is now moving forward and back on track and projections for our licensees’ quantum dot production have increased which is welcome news. We have also identified additional regions in India and the Middle East who desire to license our technologies in the same way. We are working to upgrade micro reactor equipment to be more secure, handle greater demand and work more efficiently and with less maintenance.
We know many of you have questions about the company’s filing status. We have been working with our auditors and counsel to complete our disclosures, particularly in regard to equities. The company has a number of complex transactions and we are making an extra effort to detail these in our disclosures.
Our Assam licensees have assured us that they are working diligently to make up for time lost due to the recent historical flooding that the Assam region experienced. We have been informed that the site work is nearing completion and that some construction is being conducted offsite as prefabricated components. 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.
Business Fundamentals/ Striving to Build Value
We have continued to maintain aggressive cost control measures, never forgetting this is a marathon and not a sprint. We believe we will be able to duplicate our Assam license model in other regions and we are working diligently to monetize our quantum dot solar technology and display material technologies via licensing.
Our Assam India licensee has reported that now that the flood waters have subsided, site work is being completed and as much construction as feasible is being prefabricated off site. They have expressed their dedication to making every effort to make up for time lost due to mother nature wrath.
We believe our QDX Ledger Platform can help solve the worldwide counterfeit products problem. We also believe this will create significant value for QMC as a foundation for numerous recurring revenue income streams. We are continuing to focus more resources on R&D and with our continuous flow technology we have been able to leverage every dollar spent. To further streamline our operations we have continued to analyze our operating costs and make reductions whenever and wherever possible.
2020 looks to be another exciting year as we build and grow on our successes of 2019. The whole team is grateful for your continued support. The future is bright!
Stephen B. Squires Chairman and CEO
http://www.globenewswire.com/news-release/202...tions.html
CEO & Founder Stephen Squires Blog
The quantum dots that we have developed have the unique ability to be finely tuned to emit a specific and un-copiable light signature. This signature can be scanned using a hand-held device and the scan results in a digital identity. We then store that digital identity on a blockchain.
Once data is recorded on a blockchain it cannot be modified - so it cannot be hacked or tampered with. Blockchains are secured by cryptography originally developed by the NSA. Also, blockchains allow the same set of data to be shared among many participants. It is the same data, not local copies. This means that all participants in a supply chain from the point of manufacture to point of retail sale have access to the same original digital signature to ensure that a product is authentic.
I cannot stress enough how unique our approach is. We have taken many man years to develop quantum dots that can be incorporated into many different products and which can be tuned so accurately. We have acquired world-class blockchain technology from a leader in that space, bringing the visionary who led the development on board as our CTO. We believe we are now in a great position to leverage our R&D for this substantial anti-counterfeit business opportunity. We're just getting started. There's much more to come.
https://www.quantummaterialscorp.com/
Quantum Materials Corp presents Webinar November 19, 2019
Fighting Counterfeits with Quantum Dots & Blockchain
Since Quantum Materials announced its anti-counterfeit focus, we've been inundated with interest in our quantum dot/blockchain approach to addressing this global criminal enterprise.
As one way to respond to this interest, we hosted an educational webinar to explain more about our vision in the anti-counterfeit space, our technology response and the use cases and overall market opportunity.
We expect this to be the first episode of a regular channel to keep our investors, partners and customers updated on all the exciting developments happening here at Quantum Materials.
https://www.youtube.com/watch?v=GgC09TGNbe4
https://youtu.be/GgC09TGNbe4
Stephen said he is "inundated" with interest in the QD-Blockchain initiative, no doubt he must has received overwhelming favorable response from Brand Name companies regarding the anti-counterfeit measure, so he has reached out to some companies but there may still be companies operating in the global scale he has not reached such as those in the oil industry, automotive industry, running shoe and clothing industry and security ink in currency industry, that is why he specifically emphasizes quantum dot application in those products. It is a huge quantum dot market for those products. Strong interest among Brand Name companies for QMC's quantum dot security ink will lead to strong interest among entrepreneurs to negotiate licensing agreement for QMC's proprietary continuous flow quantum dot production technology to capitalize on Brand Name companies' demand for quantum dots.
Assam India Building Layout
Quantum Materials Corp Provides Update on Expansion of Tech City in Assam, India
Construction of Expanded Facility Continues; QD Production to Commence in Q1 Annual Projected QD Volumes to Exceed Original Expectations
San Marcos, TX, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Leading American nanomaterial and cadmium free quantum dot producer and product company Quantum Materials Corp (OTCQB:QTMM) today provided an update on the expansion and construction progress of Tech City in Assam, India, and on the planned commencement of the production of QDXTM Dots there.
Originally planned to occupy 20,000 sq. ft., Tech City is now being constructed to a 75,000 sq. ft. footprint, with redesigned waste management and recycling systems to support the multi-story quantum dot laboratory and factory complex.
“Production of QDXTM Dots is expected to begin in Q1 2020, ahead of the completion of the entire facility,” said Dr. Tony Balchin, CEO of Amtronics India LLC, which is coordinating the project and is the licensee of QMC’s QDXTM Reactor technology. “Despite unprecedented monsoon rainfall in the region, our offsite prefabrication work has continued to allow for expedited installation onsite. Project funding is progressing as planned, which also allows us to advance onsite work.”
QMC intends to upgrade the reactors at Tech City to connect them to its QDXTM Ledger blockchain platform. This will allow the volume of quantum dot production, which is expected to be higher than originally budgeted, to be monitored and appropriate royalties recovered.
“We are grateful to Dr. Balchin and his team for their continued dedication to a timely completion of Tech City and look forward to hosting key Amtronics technical and laboratory staff for specialist training at QMC’s HQ here in San Marcos, Texas,” said Stephen B. Squires, President & CEO of Quantum Materials Corp.
Once Tech City goes live, QMC expects to begin earning royalties from the licensing of its technology in addition to the current and continued revenues from the provision of its QDXTM Reactor systems and ancillary equipment and services.
http://www.globenewswire.com/news-release/201...India.html
I box:
https://investorshub.advfn.com/boards/show_ib...rdid=15185
MILESTONES ACHIEVED 2019:
March ‘19 QMC receives $500K upfront licensing fee for Assam, India solar project,
April ‘19 QMC unveils industry first 100% cadmium free, RoHS compliant, quantum dot LCD display film with 95% Rec. 2020 color gamut coverage,
June ‘19 QMC announces $1Million equipment order for Assam India solar project,
July ‘19 QMC announces expansion of Assam India solar project in update,
August ‘19 QMC acquires Capstan Platform Inc. a leader in blockchain platform design to build QMC's anti-counterfeit product line. Jay Williams a long-time technology pioneer and architect joins QMC as Chief Technology Officer,
September ‘19 QMC establishes a business advisory board with deep experience and networks spanning supply chain, national security, government, technology, consumer goods, finance and more,
September ‘19 QMC announces anti-counterfeit focus with QDX Ledger Blockchain Platform and new hire John Hartigan as Chief Revenue Officer,
October ‘19 QMC releases update on our Assam, India licensee’s solar project with increased volume and revenue projected for 2021 due to expansion from the original 20,000 sq. ft facility to 75,000 sq. Ft.,
November ‘19 QMC provides vision and market opportunities for the QDX Ledger Anti-counterfeit Platform in live webinar,
January '20 letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies, LLC.
Jan 2020 Shareholder Update
TRUST IN THE LIGHT - BONDING THE PHYSICAL AND THE DIGITAL
The QDX™ Platform combines the molecular power of quantum dots and the security of distributed ledger technology (blockchain) to address the $1.2 trillion global counterfeiting and product liability problem.? The QDX platform is a cost effective passive additive technology that dramatically enhances tracking and security utilizing smart device technology.? Multiple global companies have begun exploration of the technology and how it can be implemented into their product lines and supply chains. Sectors such as apparel, luxury brands, oil & gas, high security ink and paper, defense, environmental, cannabis and many more are looking for solutions such as the QDX platform with the desire to integrate across their supply chains. Stay tuned for more exciting news to come about the QDX platform in 2020.
Operations Update Letter from QMC CEO Stephen Squires:
2019 Was an exciting year for QMC! We achieved significant steps to monetization of our quantum dot technology. We hit many important milestones technologically and commercially. QMC made a key acquisition with the purchase of Capstan platform digital assets and key hires to support expansion and growth. Solar production demand is increasing dramatically as does demand for quantum dots in the display space all of which QMC is leveraging to produce revenues and position itself as the leader in high volume, high quality, environmentally friendly quantum materials and production technologies.
Another major development is the QDX platform and our integration of quantum dot production and DLT/blockchain. It has become clear that quantum dots have the potential to be used in many applications as markers to identify physical items in specific locations in time and space. Up until now there was no way to identify the dots uniquely or serialize the dots. The QDX platform for the first time in history bonds the physical and the digital in a tamper proof highly secure digital environment. For the first time dots will be “branded", registered and serialized as they are produced and associated with a cryptographic hash identifier in the blockchain.
In another industry first QDX Ledger incorporating the latest distributed ledger protocols including Hyperledger Sawtooth and DAML. We will be sharing more details as the development nears completion in the third quarter. In the meantime, we are seeking proof of concepts with a number of significant companies that see the benefits of being early adopters of industry use cases. This technology opens up a myriad of business use cases and opportunities to fight the global $1.2 trillion counterfeit and product liability problem we are all affected by. We are well positioned to be the first quantum dot enabled revenue producing use case in the global track and trace marketplace.
Display manufacturers continue to court us and our cadmium free quantum dot technologies. As mentioned in our 2019 highlights, the achievement of the industry first 100% cadmium free RoHS compliant, quantum dot LCD display film to exceed 95% Rec. 2020 color gamut created inquiries for testing with multiple display OEMs to potentially license our capabilities. As many of you may have seen this last holiday shopping season, QLED and quantum displays are now mainstream. The demand for environmentally friendly quantum dots is exponentially higher than 12 months ago as evidenced by this headline: "Samsung to invest $11bn in cutting-edge quantum dot displays" - Nikkei Asian Review Moving into 2020. QMC is well positioned to take advantage of this new mass adoption of quantum dot displays and is hard at work to validate its next generation technology to the display screen marketplace.
There seems to be much misinformation regarding the uptake of quantum dots in displays. The marketplace is very dynamic and is rapidly become commoditized. Other than Samsung all, other QD displays are using some cadmium. As the Chinese display manufactures have now embraced cadmium solutions inexpensive cadmium display films are entering the market at low prices. All other current solutions require a barrier film in order to pass the long-term stability testing. QMC recognized that in order to succeed in this marketplace we need to deliver a cadmium free product that is RoHS compliant, provides superior REC 2020 performance and meet the stability requirements at a price point competitive with the Chinese pure cadmium offerings. The only way to achieve this was to eliminate the need for the barrier film. QMC has just completed the stability testing of this product and anticipate introducing it to the market during 2020. In parallel to this effort we remain active in our effort to license our display technologies to one or more significant display industry companies.
Solar demand and opportunities continue to grow. Though the Assam India solar project, our licensee had delays due to weather and is now moving forward and back on track and projections for our licensees’ quantum dot production have increased which is welcome news. We have also identified additional regions in India and the Middle East who desire to license our technologies in the same way. We are working to upgrade micro reactor equipment to be more secure, handle greater demand and work more efficiently and with less maintenance.
We know many of you have questions about the company’s filing status. We have been working with our auditors and counsel to complete our disclosures, particularly in regard to equities. The company has a number of complex transactions and we are making an extra effort to detail these in our disclosures.
Our Assam licensees have assured us that they are working diligently to make up for time lost due to the recent historical flooding that the Assam region experienced. We have been informed that the site work is nearing completion and that some construction is being conducted offsite as prefabricated components. 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.
Business Fundamentals/ Striving to Build Value
We have continued to maintain aggressive cost control measures, never forgetting this is a marathon and not a sprint. We believe we will be able to duplicate our Assam license model in other regions and we are working diligently to monetize our quantum dot solar technology and display material technologies via licensing.
Our Assam India licensee has reported that now that the flood waters have subsided, site work is being completed and as much construction as feasible is being prefabricated off site. They have expressed their dedication to making every effort to make up for time lost due to mother nature wrath.
We believe our QDX Ledger Platform can help solve the worldwide counterfeit products problem. We also believe this will create significant value for QMC as a foundation for numerous recurring revenue income streams. We are continuing to focus more resources on R&D and with our continuous flow technology we have been able to leverage every dollar spent. To further streamline our operations we have continued to analyze our operating costs and make reductions whenever and wherever possible.
2020 looks to be another exciting year as we build and grow on our successes of 2019. The whole team is grateful for your continued support. The future is bright!
Stephen B. Squires Chairman and CEO
http://www.globenewswire.com/news-release/202...tions.html
CEO & Founder Stephen Squires Blog
The quantum dots that we have developed have the unique ability to be finely tuned to emit a specific and un-copiable light signature. This signature can be scanned using a hand-held device and the scan results in a digital identity. We then store that digital identity on a blockchain.
Once data is recorded on a blockchain it cannot be modified - so it cannot be hacked or tampered with. Blockchains are secured by cryptography originally developed by the NSA. Also, blockchains allow the same set of data to be shared among many participants. It is the same data, not local copies. This means that all participants in a supply chain from the point of manufacture to point of retail sale have access to the same original digital signature to ensure that a product is authentic.
I cannot stress enough how unique our approach is. We have taken many man years to develop quantum dots that can be incorporated into many different products and which can be tuned so accurately. We have acquired world-class blockchain technology from a leader in that space, bringing the visionary who led the development on board as our CTO. We believe we are now in a great position to leverage our R&D for this substantial anti-counterfeit business opportunity. We're just getting started. There's much more to come.
https://www.quantummaterialscorp.com/
Quantum Materials Corp presents Webinar November 19, 2019
Fighting Counterfeits with Quantum Dots & Blockchain
Since Quantum Materials announced its anti-counterfeit focus, we've been inundated with interest in our quantum dot/blockchain approach to addressing this global criminal enterprise.
As one way to respond to this interest, we hosted an educational webinar to explain more about our vision in the anti-counterfeit space, our technology response and the use cases and overall market opportunity.
We expect this to be the first episode of a regular channel to keep our investors, partners and customers updated on all the exciting developments happening here at Quantum Materials.
https://www.youtube.com/watch?v=GgC09TGNbe4
https://youtu.be/GgC09TGNbe4
Stephen said he is "inundated" with interest in the QD-Blockchain initiative, no doubt he must has received overwhelming favorable response from Brand Name companies regarding the anti-counterfeit measure, so he has reached out to some companies but there may still be companies operating in the global scale he has not reached such as those in the oil industry, automotive industry, running shoe and clothing industry and security ink in currency industry, that is why he specifically emphasizes quantum dot application in those products. It is a huge quantum dot market for those products. Strong interest among Brand Name companies for QMC's quantum dot security ink will lead to strong interest among entrepreneurs to negotiate licensing agreement for QMC's proprietary continuous flow quantum dot production technology to capitalize on Brand Name companies' demand for quantum dots.
Assam India Building Layout
Quantum Materials Corp Provides Update on Expansion of Tech City in Assam, India
Construction of Expanded Facility Continues; QD Production to Commence in Q1 Annual Projected QD Volumes to Exceed Original Expectations
San Marcos, TX, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Leading American nanomaterial and cadmium free quantum dot producer and product company Quantum Materials Corp (OTCQB:QTMM) today provided an update on the expansion and construction progress of Tech City in Assam, India, and on the planned commencement of the production of QDXTM Dots there.
Originally planned to occupy 20,000 sq. ft., Tech City is now being constructed to a 75,000 sq. ft. footprint, with redesigned waste management and recycling systems to support the multi-story quantum dot laboratory and factory complex.
“Production of QDXTM Dots is expected to begin in Q1 2020, ahead of the completion of the entire facility,” said Dr. Tony Balchin, CEO of Amtronics India LLC, which is coordinating the project and is the licensee of QMC’s QDXTM Reactor technology. “Despite unprecedented monsoon rainfall in the region, our offsite prefabrication work has continued to allow for expedited installation onsite. Project funding is progressing as planned, which also allows us to advance onsite work.”
QMC intends to upgrade the reactors at Tech City to connect them to its QDXTM Ledger blockchain platform. This will allow the volume of quantum dot production, which is expected to be higher than originally budgeted, to be monitored and appropriate royalties recovered.
“We are grateful to Dr. Balchin and his team for their continued dedication to a timely completion of Tech City and look forward to hosting key Amtronics technical and laboratory staff for specialist training at QMC’s HQ here in San Marcos, Texas,” said Stephen B. Squires, President & CEO of Quantum Materials Corp.
Once Tech City goes live, QMC expects to begin earning royalties from the licensing of its technology in addition to the current and continued revenues from the provision of its QDXTM Reactor systems and ancillary equipment and services.
http://www.globenewswire.com/news-release/201...India.html
I box:
https://investorshub.advfn.com/boards/show_ib...rdid=15185
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