Stephen Squires (2018 Shareholder Update): "Withou
Post# of 22456
Share price remains at pennies because the company has no sustainable revenue yet, share price depends on how much investors are willing to pay for the shares, but low share price is caused by manipulation by MM / big investors, they want to keep price low for accumulation. When sustainable revenue starts to flow in, QTMM's status of "penny stock" will be history. Why do you think paid bashers are bashing this potential stock so hard on 7/24 basis while they don't bash deadwood stocks, because their sponsors want to accumulate shares at dirty cheap prices !
Never make that stupid statement again !
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 Shareholder 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.".
If all the delinquent reports will be filed by April, then according to historical share price/revenue news relationship, the rocket will be launched on or before May 15 upon filing of the 2020 Q1 report.
https://investorshangout.com/images/MYImages/...evenue.gif
$1 million licensing fee (the $500K fee received on March 19, 2019 is registered as account receivable, not revenue)
$1 million for the sales of the 2 micro reactors
$0.5 million for the sales in ancillary equipment
$? for the ongoing training/consultant fees at the company's Head Quarter in San Marcos
$? for milestone events payment