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Quantum Materials Corp. QTMM
(Total Views: 434)
Posted On: 10/23/2020 10:41:32 PM
Post# of 22465
Posted By: AustinInvestor
Re: Crunch55 #15731
From the videos I saw our legal counsel was laid back. They didn't come out swinging. They let Bush badger Squires & the professor numerous times. It seems that the lawyers really don't care about this case. From what I remember (please correct me if I am wrong), but they are getting paid on a contingency basis. They are getting paid a percentage of the winnings.

It didn't seem professional. Bush came prepared while our lawyers were caught off guard. I hope that we do win, but after watching the proceedings I am not hopeful. However, the fact that the case got thrown out in Florida & Texas, I am hoping that case law will prevail & this suit gets thrown out as well.

The professor testified that the contract wasn't at industry standard. However, the contract clearly stated that it didn't matter if an S-1 was filed & that they would have to notify L2 Capital if they were to change their transfer agent. I can't remember if the contract stated that they would have to obtain L-2's permission to change the transfer agent.

The contract basically said that payment was still due. I am not a lawyer, but in my opinion if you sign a contract you are bound by the terms of that contract. It doesn't matter what industry standard is. You signed it, so you have to pay. That's it ...

If we lose this case, the stock price will go down to half a penny! I pray this doesn't happen, but I am fearing the worst. I welcome people's feedback on this issue.













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