Looks like SBI and L2 did cause the delay. They apparently supplied bad data regarding their ownership or something that had to be filed in the financials with respect to their interactions with QMC.
Quote:With regard to the company’s filing status, the Company’s CFO and administrative staff continue to work diligently with its auditors to file the 10K and subsequent 10Q’s in order to restore the companies OTCQB listing status in a timely basis. As a direct result of the onerous responses to predatory lender lawsuits, the Company missed the time window the auditors had reserved to complete Quantum Materials Corp’s year-end audit and filing.