Welcome new QMC shareholders. The following infor
Post# of 22456
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Introduction to Quantum Materials Corp
https://investorshangout.com/post/view?id=5676509
Quantum Materials Corp - Technological Progress in QD Blockchain, QD Display, QD Solar cell and Solid State QD LED Lighting
https://investorshangout.com/post/view?id=5676510
Quantum Materials Corp - Emerging quantum dot application products
https://investorshangout.com/post/view?id=5676511
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Update on licensee Amtronics's operation in the Tech City
Tech City Site Plan
Tech City aerial view (Feb 23, 2020)
https://investorshangout.com/images/MYImages/..._Feb23.png
Progress in landscaping at the quantum dots nano complex
https://investorshangout.com/images/MYImages/...,Feb23.png
Amtronics India LLCs CEO Dr. George Anthony Balchin stated: “Due to the substantial increase in size of the facility, initially specified at 20,000 sq. ft. and subsequently increased to 75,000 sq. ft., we are now including a multi-story quantum dot laboratory and factory complex incorporating the latest engineering & environmental technologies. Design work is nearly completed and we have appointed a local architectural/engineering company as the "Architect of Record" to prepare conceptual designs as well as execute detailed engineering plans of the project in accordance with all local regulations and building codes. In addition to our appointed local architects, we have engaged a "Lead Architect" experienced in factory and environmental design to ensure our project will be "state of the art"
Indian Prime Minister Narendra Modi is setting up cooperation with Saudi Arabia in renewable energy, it is a precursor to capturing the huge market in that region for the "Made In India" quantum dot solar panel
https://www.pv-magazine-india.com/2019/12/24/...binet-nod/
Website of licensee Amtronics: https://amtronicsindia.com/
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Dazzling light display in the Tech City, tiled promenade along south side of the lake, Amtronics's quantum dot production plant at the gate. State of the Art elegant design. When completed Tech City will be like heaven on Earth.
Tech City monument at the gate
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
360 degree view of Tech City at the gate
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
Amtronics's quantum dot production plant at the gate
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
Site camp, Barracks for securities personnel and quantum dot production plant at the gate
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
Site Camp, Barracks for securities personnel and quantum dot production plant at the gate, looking from the south side of the lake
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
Dazzling lights at Block 1
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
Dazzling lights around the lake at Block 1, 2, 3
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
The circular ground structure at Block 1 may be the site of a future giant tree, symbolizing Tech City's perpetual economic growth
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
Giant "Tech City" sign beside the Common Facilities Center
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
Tiled promenade along south side of the lake leading to the scenic sight-seeing lookout point in the peninsula on the lake
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
Looking from under a canopy at the south side of the lake through Block 6,7 towards the Common Facilities Center
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
Looking from the "Peninsula on the lake" towards the Twin Common facilities Center
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
Videos of several film clips (click videos)
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
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The following companies are confirmed to open their offices in the tech park. The companies include names from IT, electronics and manufacturing industries. The sectors of production include Quantum Dot NanoCrystals, Solar PV, Photonics, Smart Meter, Internet of Things, Robotics, and Artificial Intelligence.
Simoco Telecommunications (Kolkata) Ltd having key product line – LED lights manufacturing and proposed investment of Rs 6.5 crores.
Amtronics CC will be manufacturing Quantum Dots Nano Crystals and other downstream products with proposed investment of Rs 104 crores (US$14.7 million). ( https://amtronicsindia.com/ )
DS Systems Pvt Ltd (Guwahati) having key product line - Power Conditioning Equipment and Solar Products manufacturing with proposed investment of Rs 6 crores.
Rashmi Smart Meters Pvt Ltd and Reach Seamless Ltd (Kolkata) which will be setting up electronic manufacturing service unit for PCBA using SMT Technology.
Responsible eWaste Management Pvt Ltd (Siliguri) which will be setting up an e-waste management plant.
The tech park is expected to generate employment for almost 8,000 youth in the state, directly and indirectly. Speaking on this, MK Yadav, Managing Director, AMTRON said, “The Park will generate huge employment opportunities in the region. The skilled youth, unlike before, will not have to go out of the state to make a livelihood. For the first time, such an opportunity has opened up in the state. The park is expected to boost Assam’s economy to large extent.”
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Report on QMC's pending revenues
India's GDP Per Capita is pathetically at US$2,000 per year as compared to US$60,000 per year in USA
https://www.macrotrends.net/countries/IND/ind...per-capita
GDP Per Capita by country
https://en.wikipedia.org/wiki/List_of_countri...per_capita
As one can see from the above statistics, India is among the world's 25% poorest countries, it is easy to imagine the reason for funding delay from the Central government for the Tech City project besides government bureaucracy. The Indian government has launched 100 smart city projects across the country at a cost of ₹98,000 crore (US$14 billion) (1 crore = US$0.142 million). The Tech City project in Guwahati, State of Assam, is one of them. Such unprecedented huge projects for a poor country across the continent of India certainly will encounter numerous obstacles, since the government cannot afford to fund all the smart city projects simultaneously, the Assam government has to wait for its turn. In the joint venture agreement between the State owned AMTRON and licensee Amtronics, Amtronics has funded the construction of the quantum dot production plant, AMTRON is responsible to make payment to QMC through the "Letter of Credit" system. Funding delay from the Central government caused payment delay to QMC and caused delay in the construction of the quantum dots nano complex. The QMC-Amtronics licensing deal is more like a partnership rather than a formal legal contract like deal, the minutes in the licensing agreement can change pending on mutual consent, licensee Amtronics may lessen its demand on the solar energy conversion efficiency to compromise the payment delay or may rescind its 10% reduction in royalties payment.
India's 100 Smart City projects
https://en.wikipedia.org/wiki/Smart_Cities_Mission
After delaying for one year, finally in November the Assam government has received an equivalent of US$27 million from the Central government for the Tech City project ( https://government.economictimes.indiatimes.c...a/72384488 )
and landscaping in Block 4, 5, 6, 7 has begun. QMC may or may not has received payment from AMTRON in December, if it has not, then based on confirmation of revenue by John Hartigan and Stephen Squires, the company definitely has received "significant payment" in January and any revenue occurred in the First Quarter of 2020 has to be reported in the 10Q due on May 15, but before filing it, all delinquent reports must be filed first to bring filing status current.
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
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Future revenues:
According to the licensing agreement, annual minimum royalties will commence on January 15, 2021 and will be as follows:
January 15th , 2021 Minimum royalty = $[**Confidential Treatment Requested]
January 15th , 2022 Minimum royalty = $[**Confidential Treatment Requested]
January 15th , 2023 Minimum royalty = $[**Confidential Treatment Requested]
January 15th , 2024 Minimum royalty = $[**Confidential Treatment Requested]
January 15th , 2025 Minimum royalty = $[**Confidential Treatment Requested]
Since robust sales are anticipated from 2025 forward annual minimum royalties will likely no longer be relevant. In the event this is not the case annual minimum royalties of $[**Confidential Treatment Requested] will be used as default to perpetuity.
[**Confidential Treatment Requested] indicates that portions of this document have been redacted and filed separately with the Securities and Exchange Commission.
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Why share price get stuck at 2 to 3 cents?
P/E ratio = Current share price / Earnings per share
Current share price = P/E ratio x Earnings per share
Since the company has no revenue yet, so it's Earnings per share = zero and share price logically should be $0.000000
Since there is uncertainty for the company's future revenue, there is no incentive for investors to bid up share price, it remains at 2 to 3 cents because investors see potential in the company and do not see it as a deadwood like other OTC listed stocks:
1) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
2) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
3) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
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http://bigcharts.marketwatch.com/advchart/fra...p;state=10
9) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
10) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
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15) http://bigcharts.marketwatch.com/advchart/fra...1&y=10
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19) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
20) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
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25) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
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27) http://bigcharts.marketwatch.com/advchart/fra...p;state=10
Some companies have gone belly up and were delisted.