It was only a year ago. SAN MARCOS, Texas -- Fe

It was only a year ago.

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SAN MARCOS, Texas -- February 2, 2021

Leading American nanomaterial and quantum dot producer and technology company, Quantum Materials Corp (OTCQB: QTMM) today announced an equity investment from California-based private equity firm, Pasaca Capital, Inc. of $15 million and under terms of the distribution agreement formed between the two companies, Quantum Materials Corp would receive cumulative gross royalties and/or gross sales, licensing or other revenues of no less than $15,000,000, over the period including 2020 and continuing until twelve months after the Company has completed development of a functioning product integrating the QMC HealthID intellectual property and Innova Medical Group’s products.

The investment supports expansion of the QMC HealthID™ solution, further
exploration of applications for quantum dot technology in healthcare, and the
development of next generation quantum dot enhanced COVID-19 rapid test kits,in parallel with Innova Medical Group Inc., a Pasaca Capital Inc. portfolio company. These efforts are being led by Todd K. Malan, M.D. the company’s Senior Vice President of Clinical Research at QMC HealthID Incorporated.

“We are looking forward to capitalize on the synergies between our companies,” said Stephen B. Squires, CEO of Quantum Materials Corp. “To join Pasaca Capital, as a portfolio company, represents a tremendous opportunity to enhance our QMC HealthID^™ offering to accelerate our COVID-19 work with Innova Medical Group Inc. and to expand the use of quantum dot technology to
advance diagnostics in a broad range of disease states. Together, we’re working to bring greater precision, personalization and access to healthcare.”

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Was QMC dropped from the public Pasaca's portfolio list because at the time there wasn't enough shares to fulfill the deal?

Was delisted QMC dropped from the public Pasaca's portfolio list strictly due to optics?

Does the new partnership with Neurolytixs ( " to accelerate our COVID-19 work with Innova Medical Group Inc. and to expand the use of quantum dot technology to advance diagnostics in a broad range of disease states" tell us the Pasaca agreement remains in effect?