To tell the truth, other than blockchain, I don't
Post# of 22454
Normally when we think of licensing and royalties, we think of end products like TVs or solar panels. There is another aspect of what QMC can do behind the scenes with industrial products as a component or additive of building or coating processes, for one example. In one case the product sold might be a nano zinc oxide, with the differentiator being the ZnO is nano-sized and uniform, with more surface area and better results in use from a smaller amount than the ZnO currently used. This is an example of nanomaterials in tonnage quantities at commodity prices. Please understand that the product would be far superior to other competing products and command a premium price. If your anti-fouling ship paint lasts longer and keeps the hull clean longer, its a no-brainer, for one example. Royalties might be paid on volume of product as it leaves the factory. Huge industrial markets from many possible QD and nanocrystal uses. Add what Amtronics India can sell to Indian Industry, and what AMTRON can attract to Assam to build factories, and that's a huge number of potential industrial clients.
One thing Squires mentioned in a previous shareholder letter is that his goal is to get the value of the quantum dots use in the end product rather then just the value of quantum dots as a simple sale. Hence, a licensing and royalties strategy. Companies can get a premium for better product, and if the reason is the quantum dots in the product, QMC should be compensated on that basis.