Report on QMC's pending revenues John T. Harti
Post# of 22456
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".
https://www.quantummaterialscorp.com/hubfs/QM...?hsLang=en
The "significant payments" (revenue) has to be reported in the coming 10Q.
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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QTMM hourly chart
https://api.wsj.net/api/kaavio/charts/big.cha...mocktick=1
QTMM weekly chart (1-year Double Bottom pattern has formed at 2 cents, any good news will trigger a strong price surge to as high as 5.5 cents)
https://stockcharts.com/h-sc/ui?s=QTMM&p=...0532740148
QTMM monthly chart (When the Stochastics Indicator crosses up at under 25%, it signals a new long term bull market)
https://bigcharts.marketwatch.com/advchart/fr...0&y=14
DJIA weekly chart (18,000 is a strong support level for DJIA, the combination of a strong weekly up reversal and the Stochastics crossing upward at under 25% is a buy signal in the broader market)
https://stockcharts.com/h-sc/ui?s=%24INDU&...0691728074
Its time to load up, hope the deliquent reports will all be filed in April, if it they will be, the rocket will be launched as the next 10Q reports some $3 million revenue for the First Quarter of 2020