Look out below! The penny stock of Quantum Materials Corporation, Inc. (OTC: QTMM) is headlining the few options those who can only play promos have to trade today. Pushing tin off of an announcement of a new R&D facility in Austin, Texas’ “Silicon Hills” as news, QTMM stock and the plethora of 506 sales at a fraction of today’s open price are set to unload on unsuspecting traders come the opening bell. Like it or not, nano-dots and nano-profits go hand in hand before the big red monster shows up and flips this one on its head just like yesterday.
Our Next Pick Is Coming Soon! Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!
QTMM Stock Quote as of 9:34:16 AM
Market Cap: 11.68M
Last: 0.0731 ▼ -0.0019 (-2.53%)
Dollar Volume: $100,036
Low (so far):
Issued and Outstanding: 157,771,280
1st Resistance Point: 0.0783
2nd Resistance Point: 0.0815
1st Support Level: 0.0734
Looking for Hot Penny Stocks?
Click here To Receive FREE Penny Stock Alerts
Quantum Materials Corp.’s Solterra is CEO Stephen Squires’s dream machine which he believes will allow for the Company to acquire a significant amount of both quantum dot and solar photovoltaic market share by commercializing a low cost quantum dot processing technology and a low cost quantum dot based third generation photovoltaic technology/solar cell, pursuant to an exclusive license agreement with William Marsh Rice University. The problem many investors will have is trying to figure out what the heck quantum dots are.
Quantum dots refer to one of several promising materials niche sectors that recently have emerged from the burgeoning growth area of nanotechnology. Quantum dots fall into the category of nanocrystals, which also includes quantum rods and nanowires.
Now it makes sense why QTMM stock hasn’t been able to break past 0.10 this year or 0.112 in the last 12 months. Perhaps its not so much due to the fact that the breakthrough technology Company had only $29,724 in current assets as of December 31, 2012, but maybe its because they are diluting the hell out of the stock.
Increasing their authorized shares last month to 400 million, more than 16.73 million shares of QTMM stock were issued during the last 6 months of 2012. The average cost price for those which were issued for cash on 506 sales was around $0.025.
New R&D Facility or not, QTMM stock has one direction to go and that’s south after the gap & trap open today. Those buying into the JoePennyStocks and FoxPennyStocks follow upto yesterday’s barn-burner alerts on GROC which crashed like a cesna without an engine are set to learn the hard way today about who to play and who to avoid.
About QTMM Stock
Quantum Materials Corp., Inc., through its subsidiary, Solterra, is a start-up solar technology and quantum dot manufacturing firm focused on becoming the first bulk manufacture of high quality tetrapod quantum dots and the first solar cell manufacturer to be able to offer a solar electricity solution that competes on a non-subsidized basis with the price of retail electricity in key markets in North America, Europe, the Middle East and Asia.
Click here to view the SEC filings for QTMM.
Click here to view the website for Quantum Materials.
Last 5 Trading Sessions:
Stay Connected With Us:
QTMM was on the list of penny stocks to watch for a nano second before being deleted from the screen. Seeing is believing and the pattern QTMM stock is putting up after yesterday’s pig is proving the point that not all penny stock alerts, even on slow days like today, are worth their weight.
Here is your opportunity to subscribe to the Most Read Penny Stock Newsletter
If You Can’t Make Money With Us, You Shouldn’t Be Trading Penny Stocks
(We are 100% Anti-Spam and will never rent or sell your information)Share