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  4. Quantum Materials Corp. (QTMM) Message Board

It wasn't as much of a 'sale' , as it was (identif

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Post# of 22465
Posted On: 05/28/2016 9:10:15 AM
Posted By: ddHawk
Re: phiggs88 #2802
It wasn't as much of a 'sale' , as it was (identified as) a 'loan' , subject to being re-paid to the CEO. Not sure of the exact details but I don't see this as being anything to be particularly concerned about. Could be he sold some at 'his cost' to an employee or officer who needed some cash , who could then turn around & sell them at market value & repay the original +/-$12K back to Steve....& keep the difference to pay back wages...or something on that order. Could have been any number of scenarios...those were his own personal shares & didn't come out of the O/S-Float & it wasn't in the multi-millions so I don't really care...no big thing.


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