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  4. Quantum Materials Corp. (QTMM) Message Board

The 10K reports the company's operation up to June

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Post# of 22465
(Total Views: 359)
Posted On: 05/24/2018 9:41:24 AM
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Posted By: solartech
The 10K reports the company's operation up to June 30, 2017. Events happened between July 1, 2017 and now are still unknown until the three 10Q's are released. The current up to date S/O of 422,817,665 was released only last week around the same time the new CFO was hired, there is no explanation for the sudden increase of 55 million shares, so we cannot rule out the increase is for settling the lawsuit as in the agreement the lenders demanded 50 million shares as penalty in case of default in payment. It makes no sense to release the Reports while the court battle is still ongoing.


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