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And yet my point remains that until ink touches paper and $ changes hands, it is all an exercise in speculation.
me - yes it is speculation - high risk, high reward type. Thats what you signed up for when you invested. However, risk is mediated by doing Due Diligence, such as reading the Ibox to determine if the company's actions are in line with their words.
That being said, I'm hoping for success beyond measure for QMC.
me - me, too!
It's just that we continue to speculate and dream about a startup on the Pinks that is always hesitant to communicate with stockholders.
me - First, the company has given bi-annual shareholder updates or briefs on a fairly consistent basis, with the latest one Dated January 27, 2020, just a little over 2 months ago. These updates are fairly specific in stating goals and current actions to the extent that can be done without violating NDA. The company does communicate with shareholders this way.
The company sometimes tweets out events or background on anti-counterfeiting, such as today's tweet on today's talk by Pete Harris at a blockchain conference.
India is active. Photos of the site show ground being cleared. World's first QDSC factory soon to be built. Funded. Not a question of "if" but "when". Yes it is taking a year longer than expected, but there is nothing from India or QMC to say it won't happen. The update provides more information on India and discusses the delay.
The company announced that in January 2020 a letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies LLC. My immediate thought is that this is a path to market QMC QD-LED to SSL OEMs. Other possible vertical industries include batteries and energy storage.
So, although I agree this is a form of speculation, it is consistent, it is straight from the company, and it is based on past technology successes that have been documented in QMC press releases. To me, it is valid DD.
This is a penny stock. Most pennies have only circumstantial evidence to provide to investors because if they start closing deals, lol, they soon are no longer pennies. I expect and hope that is QMC's future, too.
So lets take a look at more circumstantial evidence besides what's mentioned above and see if there is any evidence of fraud:
1. the CEO and CFO sign the SEC accuracy statement, making them liable for penalties and damages, and they have persisted in this endeavor for 13 years without absconding with the company funds.
2.and they continue to spend money on research
3.and new endeavors like blockchain and vertical technologies marketing.
4.and although the company is late filing SEC 10-K and 10-Qs, their history is to file Audited Statements which mean a third party accountancy has double-checked and verified all accounting.That ensures stockowners against fraud.
And yet my point remains that until ink touches paper and $ changes hands, it is all an exercise in speculation.
me - yes it is speculation - high risk, high reward type. Thats what you signed up for when you invested. However, risk is mediated by doing Due Diligence, such as reading the Ibox to determine if the company's actions are in line with their words.
That being said, I'm hoping for success beyond measure for QMC.
me - me, too!
It's just that we continue to speculate and dream about a startup on the Pinks that is always hesitant to communicate with stockholders.
me - First, the company has given bi-annual shareholder updates or briefs on a fairly consistent basis, with the latest one Dated January 27, 2020, just a little over 2 months ago. These updates are fairly specific in stating goals and current actions to the extent that can be done without violating NDA. The company does communicate with shareholders this way.
The company sometimes tweets out events or background on anti-counterfeiting, such as today's tweet on today's talk by Pete Harris at a blockchain conference.
India is active. Photos of the site show ground being cleared. World's first QDSC factory soon to be built. Funded. Not a question of "if" but "when". Yes it is taking a year longer than expected, but there is nothing from India or QMC to say it won't happen. The update provides more information on India and discusses the delay.
The company announced that in January 2020 a letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies LLC. My immediate thought is that this is a path to market QMC QD-LED to SSL OEMs. Other possible vertical industries include batteries and energy storage.
So, although I agree this is a form of speculation, it is consistent, it is straight from the company, and it is based on past technology successes that have been documented in QMC press releases. To me, it is valid DD.
This is a penny stock. Most pennies have only circumstantial evidence to provide to investors because if they start closing deals, lol, they soon are no longer pennies. I expect and hope that is QMC's future, too.
So lets take a look at more circumstantial evidence besides what's mentioned above and see if there is any evidence of fraud:
1. the CEO and CFO sign the SEC accuracy statement, making them liable for penalties and damages, and they have persisted in this endeavor for 13 years without absconding with the company funds.
2.and they continue to spend money on research
3.and new endeavors like blockchain and vertical technologies marketing.
4.and although the company is late filing SEC 10-K and 10-Qs, their history is to file Audited Statements which mean a third party accountancy has double-checked and verified all accounting.That ensures stockowners against fraud.
