Introduction to Quantum Materials Corp (QMC)
Post# of 22454
Introduction to Quantum Materials Corp (QMC)
Welcome new QMC shareholders. I am aware that many investors are preoccupied in running their daily life and have no time to do stoical and time consuming research among thousands of companies. The following information is extracted from company press release and financial filings, it is for your reference only, it will entice your interest to do your own due diligence and verify the information that you have found and make your own investment decision.
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Aerial view of QMC's premises
https://www.google.ca/maps/place/Quantum+Mate...97.9800819
Company website
https://www.quantummaterialscorp.com/
Historical shareholders updates
October 2017 Shareholder Update
https://www.sec.gov/Archives/edgar/data/14035...ex99-1.htm
June 2018 Shareholder Update
https://www.sec.gov/Archives/edgar/data/14035...ex99-1.htm
January 2019 Shareholder Update
https://www.sec.gov/Archives/edgar/data/14035...ex99-2.htm
January 2020 Shareholder Update
https://www.quantummaterialscorp.com/hubfs/QM...?hsLang=en
Quantum Materials Corp - Press Release
http://www.globenewswire.com/Search?organizat...als%20Corp
Quantum dots - What is it and what is its applications
https://www.youtube.com/results?search_query=...p=CAM%253D
We currently operate from a leased facility in San Marcos, Texas at the STAR Park Technology Center, an extension of Texas State University (the “San Marcos Facility”). This location provides us with convenient access to university faculty and specialized laboratory facilities that can support joint research and development efforts with Texas State University. Located approximately 30 miles south of Austin, Texas, this location is also in close proximity to a number of leading companies in the electronics, lighting, solar, and life sciences markets. We intend to relocate the operations to a larger facility capable of accommodating the manufacturing of QD processing equipment once sustained revenues are achieved.
The Company has established commercial-scale manufacturing equipment at the San Marcos facility and now through process optimizations has the capacity to produce more than four metric tons (4,000kg) per year of quantum dots and other nanomaterials for supply to its customers. Management believes that the production capacity of the San Marcos facility is similar to, or greater than its largest competitors’ operating factories which are much larger and required significantly higher capital expenditures. This efficiency is the direct result of our patented continuous flow process and proprietary manufacturing know how and equipment. While we plan to work extensively with its current provider of equipment, we own all rights to the designs and intellectual property resulting from the development process and could contract with one or more other competent suppliers of equipment, if necessary.
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Quantum Materials Corp - Technological Progress in QD Blockchain, QD Display, QD Solar cell and Solid State QD LED Lighting.
QD Distributed Ledger Technology in Blockchain
We will help global companies in multiple sectors to design and implement quantum dots into their product lines and supply chains for anti-counterfeit measure, for tracking and for securing their products from manufacturer to the end users. Our effort will culminate signing of multiple licensing deals in the proprietary QDX Distributed Ledger Technology (QDX DLT). The QDX™ Platform combines the molecular power of quantum dots and the security of DLT in blockchain to address the $1.2 trillion global counterfeiting and product liability problem. Sectors such as apparel, luxury brands, oil & gas, high security ink and paper, defense, environmental, cannabis and many more are looking for solutions such as the QDX platform with the desire to integrate across their supply chains. Quantum dots have the potential to be used in many applications as markers to identify physical items in specific locations in time and space and the QDX platform for the first time in history bonds the physical and the digital in a tamper proof highly secure digital environment and for the first time quantum dots will be “branded", registered and serialized as they are produced and associated with a cryptographic hash identifier in the blockchain.
Quantum Dot Display Technology
As a phosphor replacement in flat panel displays, PQDs have the potential to provide industry best color gamut picture qualities due to their extremely narrow emission wavelength profile. For comparison, todays industry leading low cadmium or cadmium free QLED displays can only deliver roughly an 80% Rec 2020 coverage while PQDs have the ability to deliver roughly a 98% Rec 2020 coverage (with properties that include: PLQY>95%, FWHM <25 nm and adjustable peak position). As we are approaching the final stage of bringing to market our first commercial level red-green QD infused film component, we see tremendous potential in advancing the performance level of our QD based film components even further with the incorporation of PQD’s to bring the color gamut up to nearly 100% of the new color standard Rec 2020 coverage, which will set a new standard in flat panel display color.
We have innovated a disruptive quantum dot display technology that achieves an industry-leading 95% Rec 2020 color gamut coverage. We have demonstrated our 100% cadmium-free 55 inch QDX™ display to selected customers who have shown strong interest in that display technology which is achieved by utilizing the Company's proprietary quantum dot enhanced film while eliminating the costly barrier film. We are working with display manufacturers, film manufacturers and chemical companies to bring this next-generation technology to market as a superior and lower cost QD-based display solution. In addition, incorporating QDX quantum dot infused films into LCD displays can materially increase color gamut levels, improves viewing angles, increases display brightness levels and lower production cost. One of the most efficient ways to achieve a wide color gamut LCD display is with narrow-band red and green quantum dots deposited directly on an optical film. This film is then backlit using blue phosphor LEDs. We have manufactured red & green quantum dots with extremely narrow FWHM (full width half max) of 16 & 34 nanometers respectively, these infinitesimally small semiconductors with precise emission wavelengths possess uncharacteristically high stability.
FWHM Spectrum
We have received very encouraging indications of interest from OEM electronics manufacturers that are looking to increase the color rendering capabilities of their displays without adding cadmium and upon reaching this milestone, we believe we are now in a position to partner to commercialize this technology in order to get our QD materials into consumer displays. With the advent of this low cost, high performance offering, we believe we can materially disrupt the industry and create a market condition wherein QD enhanced technology can become a de-facto standard in consumer displays. In addition to QMC's film based solution for maximizing color gamut in LCD displays, the Company is continuing to optimize it's direct phosphor design variant which places the quantum dot materials directly on to the surface of the LED, further improving color rendering performance and lowering cost. The Company expects to be in a position to announce a working display with this variant of QD design in the near future, giving display OEM's an additional low cost avenue for increasing color gamut without the use of cadmium.
Display manufacturers continue to court us and our cadmium free quantum dot technologies. As mentioned in our 2019 highlights, our achievement in the industry's first 100% cadmium free RoHS compliant, quantum dot LCD display film that exceeds 95% Rec 2020 color gamut created strong interest in multiple display OEMs who inquire further testing of the technology which has the potential to license our capabilities. We remain active in our effort to license our display technologies to one or more significant display industry companies.
Quantum dot solar cell technology
We have developed a high volume, low cost, continuous flow production process that produces extremely high purity Perovskite Quantum Dots (PQDs) with significantly improved stability at a fraction of the cost of the high purity silicon used in silicon solar cells. Perovskite quantum dots are leading a breakthrough in materials technology, but the commercialization of these materials has been hampered due to inabilities to produce large volumes of these materials at low cost points while still achieving long term reliability. PQDs have many unique properties that make them an ideal material for utilization in applications such as next generation solar cells and displays. For instance, in solar cells perovskites have demonstrated conversion efficiencies of 22.7% which is higher than today’s best dye-sensitized or thin-film technologies (CiGS, CdTe) and can also extend efficiency (up to 1.3x) of silicon PVs when coated as an absorption enhancement layer. High purity PQDs hold the promise to achieve high conversion efficiencies while also solving many of the reliability and stability challenges. QDSC have theoretically maximum potential quantum efficiency (PCE) of 65% compared to a maximum 29% PCE using current silicon module technology.
Next-generation quantum dot solar cell factories will use new thin-film flexographic roll-to-roll printing methods at a fraction of the capital expenditure of same-size silicon panel factories. Advantages of the flexographic method include the ability to potentially increase printing press speeds of up to 600 meters/minute with modern printers, large rolls that can be cut to finished size, low viscosity ink formulations for faster drying and the ability to bond layers of the solar cell together in-line. Production can be scaled-up by increasing the running speed without a large increase in infrastructure costs and is a major factor in lowering the levelized cost of energy over the life of the production system.
Solid State quantum dot LED Lighting
We have successfully surpassed the one year anniversary and exceeding 10,000 hour continuous on-time durability test for the Company’s cadmium-free quantum dots in a remote light emitting diode (LED) application. The QD-LEDs were under continuous power at 2.5 Volts DC at 70mA and were measured initially, incrementally and at the 7000 hour mark with no measurable degradation of intensity, peak emission or FWHM, which is the measure for color purity. Passing 10,000 hour mark for continuous on time is a major achievement in proving our quantum dots and our encapsulation technologies can enable QD-LED’s and the wide range of potential QD-LED applications. Through this development effort we have also made significant discoveries that have improved performance of our electroluminescent quantum dot materials, paving the way for next generation display and lighting applications.
Our team continues to demonstrate the extraordinary accelerated discovery that can be accomplished using our patented continuous flow process. This patented technologies in the hands of our brilliant scientist keep Quantum Materials on the forefront of nanomaterial implementation and discovery.
Quantum Materials Corp - Emerging quantum dot application products
We have achieved 95% Rec2020 color gamut coverage using QD enhanced film through the optimization of cadmium-free red & green quantum dots with extremely narrow FWHM (full width half max) of 16 & 34 nanometers respectively. To give this achievement some context, one of Samsung's industry leading QD display's for 2018, their Q9F model had a Rec2020 (uv) coverage of just 83.72%. It means with our display technology, colors are very close to those transmitted from the source or close to colors as appear under natural sunlight whose light spectrum covers 100% of color gamut. Also images are brighter than the current display in the market. Juxtaposing Samsung's Q9F display and QMC's QDEF display, there is no doubt display experts and consumers will unanimously favor QMC's.
San Marcos Texas, November 19, 2018 (M2 NEWSWIRE) – Leading American cadmium-free quantum dot and nanomaterials manufacturer Quantum Materials Corp, (OTCQB: QTMM) announced today that it has signed a License and Development Agreement with Amtronics CC to allow for the establishment of large scale, low cost quantum dot production for the development and future commercial manufacture of: ultra-high definition display panels (UHDTV); solid state lighting (SSL) LED’s; and quantum dot driven thin-film solar cells (QDSC) .
The Agreement provides Amtronics CC with the right to manufacture quantum dots and thin-film quantum dot solar cells for commercial supply in India, as well as the right to use the QDX trademark and technical data to support its marketing initiatives.
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Official Tech City Website
http://techcity.in
Tech City Layout Plan
June 14, 2020 Aerial photo of Tech City and Site of the Nano Complex
https://investorshangout.com/images/MYImages/...omplex.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
1) https://www.google.com/maps/place/Tech+City,+...2883?hl=en
2) 360 degree view of Tech City at the gate
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
3) https://www.google.com/maps/place/Tech+City,+...2883?hl=en
4) https://www.google.ca/maps/place/Tech+City,+G...91.5652883
5) https://www.google.com/maps/place/Tech+City,+...2883?hl=en
6) https://www.google.ca/maps/place/Tech+City,+G...91.5652883
7) https://www.google.ca/maps/place/Tech+City,+G...91.5652883
https://www.google.ca/maps/place/Tech+City,+G...91.5652883
9) https://www.google.com/maps/place/Tech+City,+...2883?hl=en
10) https://www.google.ca/maps/place/Tech+City,+G...91.5652883
11) https://www.google.ca/maps/place/Tech+City,+G...91.5652883
12) https://www.google.ca/maps/place/Tech+City,+G...91.5652883
13) https://www.google.com/maps/place/Tech+City,+...2883?hl=en
14) https://www.google.com/maps/place/Tech+City,+...2883?hl=en
15) 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=...7126524451
QTMM monthly chart
https://bigcharts.marketwatch.com/advchart/fr...p;state=10
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The company's fiscal year is from July 1 to June 30
Fiscal Q1 Report (July-Sept) is due on November 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 filed.
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Quantum Materials Corp in the social websites
https://www.linkedin.com/authwall?trk=bf&...stephen%2F
https://twitter.com/QuanMatsCorp