Quote:"OK, let's get to your and DRX fixation on news and SEC reporting. When the SEC noticed the company, Squires said the company was hiring SEC knowledgeable attorneys. I presume that happened and we have to wait and see what happens."
How do you explain the fact QMC has still not responded to the SEC? On June 3rd, QMC stated this in their press release:
Quote:"The Company has retained securities counsel who have communicated with the SEC and is exploring the most efficient way that it can once again become a current reporting company with the Commission."
Yet, the SEC on July 2nd filed this:
Quote:"On June 2, 2021, the Division of Enforcement filed the Declaration of Sandhya C. Harris, which established that, pursuant to Commission Rule of Practice 141(a)(2)(ii),
2 service of the OIP was made on Respondent on May 15, 2021. As stated in the OIP, Respondent’s answer was required to be filed within ten days of service of the OIP.3 As of the date of this order, Respondent has not filed an answer.
4 The prehearing conference and the hearing are thus continued indefinitely."
This is also after QMC filed their latest 10-Q on June 24th stating they will voluntarily revoke themselves:
Quote:Following the filing of this Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2019, the Company will be entering into an Offer of Settlement with the SEC which will result in the revocation of the registration of Company’s securities pursuant to Section 12 of the Exchange Act, thereby terminating the Company Section 12(g) reporting obligations with the SEC.
Why is the company making it appear that they have been communicating with the SEC, when the SEC themselves are stating that they haven't heard from them?
Quantum Materials Corp. (QTMM) Stock Research Links
My posts is of my opinion only. Please conduct your own Due Diligence; this is YOUR investment.
