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. Emerging quantum dot application products
https://investorshangout.com/post/view?id=5701331
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Official Tech City Website
http://techcity.in
Tech City Layout Plan
https://investorshangout.com/images/MYImages/...Layout.jpg
Aerial of Tech City (February 2020)
https://investorshangout.com/images/MYImages/...ry2020.jpg
ABOUT TECH CITY
To create an environment that attracts investment (Foreign/Govt/Others), Detailed Project Report (DPR) For "Mega Electronics Manufacturing Cluster-Guwahati" supports industry development, and fosters cluster interactions by mobilizing stakeholders and leveraging local, regional, and national resources and assets towards building EMC capacity in Guwahati.
It may be mentioned here that, the vision statement of the project is to have a prosperous and globally significant Electronic Manufacturing Cluster that reflects the manufacturing development goal of Assam, the NE region and India as a whole and which harnesses local skills and research for the economic benefit of local companies.
TECH CITY AT BONGORA, KAMRUP, ASSAM
The development of an Electronics Manufacturing Cluster (EMC) in Tech City was considered as a special case by Ministry of Electronics & Information Technology (MeitY), Govt. of India on request of Sri Sarbananda Sonowal, Hon’ble Chief Minister, Govt. of Assam on 30th July, 2017 as a measure of implementation of various ICT initiatives in the State under the umbrella program of Digital India. Accordingly a proposal to MeitY, Govt. of India for developing a Greenfield EMC was send by Information Technology Department, govt. of Assam and a DPR was submitted by Assam Electronics Development Corporation Limited (AMTRON) the nodal agency of IT department, Govt. of Assam.
The proposal was given In-principle approval by MeitY, Govt. of India on 20th December, 2017 after obtaining approval from the PMO as one-time exception of the closed scheme and was finally approved on 23rd January, 2018. The first installment of Rs 10 Crore has already been released by MeitY, Govt. of India vide letter no 36(2)/2018-IPHW (VOL.II) dated 7TH March, 2018 out of total sanctioned amount of Rs. 50 Cr.
The infrastructure development process at the site was initiated on January, 2018 following which the foundation stone of Tech City was laid by Hon’ble Minister of Electronics and IT, Law & Justice, Sri Ravi Shankar Prasad along with Hon’ble Chief Minister, Govt. of Assam, Sri Sarbananda Sonowal and Hon’ble IT Minister, Govt. of Assam, Sri Keshab Mahanta during the Global Investors Summit held in Assam on February, 2018.
On 11th August, 2018, the Hon’ble Union Minister along with Hon’ble Chief Minister, Govt. of Assam, Sri Sarbananda Sonowal laid the foundation stone of the two identical G+4 Administrative cum Common Facility Centre building of around 120000 sq.ft to be named as Start-up World of Innovation in Future Technologies (SWIFT) Centre and two Factory units to be developed by M/s JnJ Powercom Systems Ltd. and M/s Simoco Telecommunications (South Asia) Ltd. The SWIFT Centre will have ready set up for investors to start their ventures along with incubation units, R&D cells etc. It will be designed by a Guwahati based Architecture firm M/s Bhaskar Sharma & Associates and will be constructed by contractor, M/s Shree Gautam Construction Company Limited.
THE BASIC FEATURES OF THE TECH CITY PROJECT
A state of art sprawling campus having an area of 103.39 acres which is further planned to be expanded to another 100 acres.
Well connected: Roadways, Airways and Waterways
400 meters from NH37
Nearest railway station Kamakhya: 15 km from the proposed site.
LGBI Airport: 4 km from the project site.
Pandu port: 15 km from the project site.
Proximity to institutions of higher learning such as:
IIIT, Guwahati
Cotton University
IIT Guwahati
Guwahati University
Assam Engg. College
THE SECTORS OF PRODUCTION
Quantum Dot Nano Crystals
Solar PV
Photonics
IoT
Robotics
Artificial Intelligence
(Note: Quantum Dot Nano Crystals and Solar Photovoltaic Cells operations are associated with licensing deal with Quantum Materials Corp)
EMC FACILITIES
Built up Plug and Play area of around 45,000 sq. ft for new units.
Common Facility Centre (CFC) consisting of Electronics Tool room & Quality control lab
Sewerage Treatment Plant based on Hybrid Fluidized Bioreactor (FAB)
Clean artificial water body & Green zone
Container bay
Warehouse facility
Rain Water Harvesting
Power supply through Renewable energy
LOCATION
The proposed Electronic Cluster is located at Bongara, Mouza – Chayani, Circle– Palashbari, Dist. Kamrup, Assam. About 100 acres of land has been acquired by the Government of Assam adjacent to the proposed site for IIIT–Guwahati. Assam envisages setting up of manufacturing units engaged in production/assembling of Electronic Components and Hardware with special focus for electronics manufacturing and common support facilities like R&D Centre, Tool room, training centre, Data centre, Testing Lab etc.
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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"
Website of licensee Amtronics: https://amtronicsindia.com/
News from India
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/
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Tech City photo gallery
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
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
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.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
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.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
https://www.google.com/maps/place/Tech+City,+...2883?hl=en
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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
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".
Historical share price reaction to news of revenue
https://investorshangout.com/images/MYImages/...evenue.gif
Estimated revenue for the First Quarter of 2020
$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
https://stockcharts.com/h-sc/ui?s=QTMM&p=...0532740148
QTMM monthly chart
https://bigcharts.marketwatch.com/advchart/fr...0&y=14
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The company's fiscal year is from July 1 to June 30
Fiscal Q1 Report (July-Sept) is due on October 14
Fiscal Q2 Report (Oct-Dec) is due on Feb 14 of following year
Fiscal Q3 Report (Jan-March) is due on May 15
Annual Report (July-June) is due on Sept 28
10Q is quarterly report, 10K is annual report, 8K is company news/announcement
Any delinquent reports have to be filed first before the up coming report can be files.
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Quantum Materials Corp in the social websites
https://www.linkedin.com/authwall?trk=bf&...stephen%2F
https://twitter.com/QuanMatsCorp