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  4. Quantum Materials Corp. (QTMM) Message Board

Number one reason for 750MM A/S is so mgmt doesn't

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Post# of 22465
(Total Views: 281)
Posted On: 04/06/2017 9:49:19 AM
Posted By: Banoffee
Re: Puravida19 #5828
Quote:
Number one reason for 750MM A/S is so mgmt doesn't have to keep coming back for more at a later date.



No, that's the number one reason not to vote for 750M. Coming back to the shareholders is a good thing for everyone including management.

Quote:
Having Bank creates options for strong moves that can advance QMC.



The strong move we need is a contract, and this appears to be at least 100M more "Bank" than needed to do that according to the shareholder letter and recent 8-K.

I support a large increase, but 750M is too much without a much more detailed explanation.


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