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  4. Quantum Materials Corp. (QTMM) Message Board

"Bit of a coincidence this happened shortly after

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Post# of 22465
(Total Views: 441)
Posted On: 05/14/2021 8:54:47 AM
Posted By: TedJ
Re: Crunch55 #19695
"Bit of a coincidence this happened shortly after the Kansas judgement came out..."
Quote:
On December 17, 2020, the Commission’s Division of Corporation
Finance (“Corporation Finance”) sent a delinquency letter to QTMM requesting compliance with its periodic filing requirements, which was delivered.

Quote:
As discussed in more detail above, the Respondent is delinquent in its periodic filings with the Commission, has repeatedly failed to meet its obligation to file timely periodic reports, and failed to heed a delinquency letter sent to it by the Division of Corporation Finance requesting compliance with its periodic filing obligations.

The SEC issued new rules last September with an implementation period of 9 months. The SEC goal is to take action against companies that don't comply with required reporting requirement.


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