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  4. Quantum Materials Corp. (QTMM) Message Board

---------- "Our auditors have expressed substanti

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Post# of 22465
(Total Views: 348)
Posted On: 03/23/2021 6:32:12 PM
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Posted By: Djpele
Re: JJRides #18813



"Our auditors have expressed substantial doubt about our ability to continue as a going concern.

Our cash flow from operations was negative for the years ended June 30, 2020 and 2019. We may not generate positive cash flow from operations or profitability in any given period, and our limited operating history may make it difficult for you to evaluate our current business and our future prospects."



These statements typically occur with start-up/growing companies. This verbage should change once they are cash flow positive.


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