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I don't understand why some investors are questioning if QMC has a chance of success, QMC is already in the Revenue Phase with imminent inflow of sustainable revenues and is working on the potential global $1.2 trillion anti-counterfeit market. Those investors must be living under the rock and know absolutely nothing about the company's ongoing business. Yes, of course, those investors are malicious defamatory paid bashers.
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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
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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.
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/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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.
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/
