I think you have that backwards this is the current situation, a non responsive CEO
SECURITIES EXCHANGE ACT OF 1934
Release No. 92317 / July 2, 2021
Admin. Proc. File No. 3-20301
In the Matter of
QUANTUM MATERIALS CORP.
ORDER TO SHOW CAUSE
The Securities and Exchange Commission (“Commission”) issued an Order Instituting
Proceedings (“OIP”) on May 12, 2021, pursuant to Section 12(j) of the Securities Exchange Act
of 1934, against respondent Quantum Materials Corp. (“Respondent”).1 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.
Accordingly, Respondent is ORDERED to SHOW CAUSE by July 16, 2021, why the
registration of its securities should not be revoked by default due to its failure to file an answer
and to otherwise defend this proceeding. When a party defaults, the allegations in the OIP will
be deemed to be true and the Commission may determine the proceeding against that party upon
consideration of the record without holding a public hearing.
If Respondent fails to respond to this order to show cause, it may be deemed in default,
the proceeding may be determined against it, and the registration of its securities may be
revoked.5 Upon review of the filings in response to this order, the Commission will either direct
further proceedings by subsequent order or issue a final order resolving the matter.
The parties’ attention is called to the Commission’s March 18, 2020 order regarding the
filing and service of papers, which provides that pending further order of the Commission parties
to the extent possible shall submit all filings electronically at apfilings@sec.gov.6 Also, the
Commission’s Rules of Practice were recently amended to include new e-filing requirements,
which took effect on April 12, 2021.7
For the Commission, by the Office of the General Counsel, pursuant to delegated
authority.
Vanessa A. Countryman
Secretary
SECURITIES EXCHANGE ACT OF 1934
Release No. 92317 / July 2, 2021
Admin. Proc. File No. 3-20301
In the Matter of
QUANTUM MATERIALS CORP.
ORDER TO SHOW CAUSE
The Securities and Exchange Commission (“Commission”) issued an Order Instituting
Proceedings (“OIP”) on May 12, 2021, pursuant to Section 12(j) of the Securities Exchange Act
of 1934, against respondent Quantum Materials Corp. (“Respondent”).1 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.
Accordingly, Respondent is ORDERED to SHOW CAUSE by July 16, 2021, why the
registration of its securities should not be revoked by default due to its failure to file an answer
and to otherwise defend this proceeding. When a party defaults, the allegations in the OIP will
be deemed to be true and the Commission may determine the proceeding against that party upon
consideration of the record without holding a public hearing.
If Respondent fails to respond to this order to show cause, it may be deemed in default,
the proceeding may be determined against it, and the registration of its securities may be
revoked.5 Upon review of the filings in response to this order, the Commission will either direct
further proceedings by subsequent order or issue a final order resolving the matter.
The parties’ attention is called to the Commission’s March 18, 2020 order regarding the
filing and service of papers, which provides that pending further order of the Commission parties
to the extent possible shall submit all filings electronically at apfilings@sec.gov.6 Also, the
Commission’s Rules of Practice were recently amended to include new e-filing requirements,
which took effect on April 12, 2021.7
For the Commission, by the Office of the General Counsel, pursuant to delegated
authority.
Vanessa A. Countryman
Secretary
