LOL Newbies don't know that 12 years ago quantum dots cost $5000-$10000 per gram, and Nanosys sold some a few years ago for $12 per gram. Ian Hendy, a well known Display Industry forecaster, gave a talk where he described the display industry's pricing competition as a "death spiral" due to their continually reducing prices and sucking out profits. Quantum dots went from novelty to commodity. QMC made the best QD but would not give it away like Nanosys did. Nanosys, founded by Alivasteros around 2004 still has not gone public but their QD dominate the display industry. No profit, no IPO? They have had many diluting financing rounds, and they expanded their factory footprint to make more QD, and they bought Israeli QD Patents, but to date, they have no public SEC DOCS ROFLMAO!
Edit - This above is why Squires changed business strategy from straight sales to one that gets the value of the QD in the end product, and the manufacturer gets a cost of a constant rate of royalties which decline at the same rate as product pricing. Both parties win. Manufacturers get a better QD and can forecast their costs more reliably. Straight sales is a losing game in the QD business. Look at QD Vision and Nanoco, for example. Back in November 2018 QMC through Amtronics India, signed a license and royalty deal with Assam's AMTRON. Other than licensing and a sale of two "reactors' it has yet to bear fruit, but it is still in place.
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