FOR WHAT IT'S WORTH: My browser is Microsoft ed
Post# of 22453
My browser is Microsoft edge and they have established a new feature called Co-pilot. A program similar to Chat/gpt.
I1. Quantum Materials Corporation is a company specializing in quantum dot and uniform nanoparticle development and production. Their expertise spans from small-scale quantities (as little as one gram) to metric tons. Let’s delve into some key points about their past and future:
2. Background:
o Quantum Materials Corp. is a leading American nanomaterial and cadmium-free quantum dot producer.
o They focus on developing and manufacturing advanced materials with applications in various fields.
3. Recent Challenges:
o In 2021, the SEC suspended trading of Quantum Materials Corp.'s common stock due to a lack of current information resulting from the company’s failure to file certain periodic reports.
o The suspension led to the company’s shares no longer being quoted or traded on the Pink Tier of the OTC Markets Group.
o Additionally, the SEC initiated proceedings to determine whether to revoke the company’s registration under the Securities Exchange Act of 1934.
4. The Plan for Restoration:
o Quantum Materials Corp. aims to restore its status as a reporting issuer with the SEC.
o They are diligently working with auditors and securities counsel to compile and review the necessary financial and current information.
o The company plans to file a registration statement to regain reporting issuer status.
o Once regulatory approvals are met, they intend to have their shares of common stock traded on the OTC Market again.
5. Vision and Impact:
o Quantum Materials Corp. envisions being a dominant leader in versatile nanomaterials.
o Their applications include:
Clean, affordable solar energy production
Safe and accurate medical devices
Imaginative anti-counterfeit methods
In summary, Quantum Materials Corp. is navigating challenges, but their commitment to innovation and impactful applications remains strong1234
2. How does Quantum Materials Corp. produce their materials?
Copilot
Quantum Materials Corporation (QMC) employs a disruptive continuous flow manufacturing process to produce their materials, particularly focusing on quantum dots (QDs) and other uniform nanoparticles. Here are the key aspects of their production process:
1. Continuous Flow Manufacturing:
o QMC has pioneered a patented continuous flow process that allows them to create uniform nanoparticles at scale.
o Unlike traditional batch production, this process eliminates the need for extensive post-processing.
o It is faster, less expensive, and consistently delivers uniform materials.
2. Quantum Dots (QDs):
o QMC’s specialty lies in the production of quantum dots.
o These nanoscale semiconductor particles exhibit unique optical and electronic properties.
o QDs find applications in various fields, including solar energy, medical devices, and anti-counterfeit methods.
3. Applications:
o Solar Energy: Quantum dots play a prominent role in solar generation systems. Their low-cost, high-efficiency properties make them ideal for harnessing solar energy.
o Medical Devices: Combining luminescent QDs with medical devices enhances sensitivity in detecting biomarkers.
o QR & Bar Codes: QD-enhanced QR and bar codes remain invisible to the naked eye but provide tracking information without affecting a product’s appearance.
4. High-Volume Production:
o QMC’s automated process allows them to create 25 grams of QDs per hour per QMC Reactor.
o High QD consistency is achieved through software monitoring, eliminating the need for slow manual oversight12.
In summary, Quantum Materials Corp. leverages cutting-edge technology to efficiently produce uniform nanoparticles, contributing to advancements in various industries.
3. What can you tell me about QuantumMaterials corporation progress toward filing a registration statement to restore it's status as a reporting issueer with the SEC/QMC
Copilot
Quantum Materials Corporation (QMC) has been actively working to restore its status as a reporting issuer with the U.S. Securities and Exchange Commission (SEC). Here are the key points regarding their progress:
1. Background:
o In May 2021, the SEC suspended trading of QMC’s common stock due to a lack of current information. This suspension resulted from the company’s failure to file certain periodic reports required by the SEC.
o As a consequence, QMC’s shares were no longer quoted or traded on the Pink Tier of the OTC Markets Group.
2. SEC Administrative Proceedings:
o The SEC initiated administrative proceedings to determine whether to revoke QMC’s registration under the Securities Exchange Act of 1934.
o In July 2021, the SEC issued an order revoking the registration of each class of QMC’s securities.
3. The Restoration Plan:
o QMC is diligently working with auditors and securities counsel to compile and review the necessary financial and current information.
o Their intention is to apply once again to become a reporting issuer with the SEC.
o The company plans to prepare and file a registration statement to regain reporting issuer status.
o Upon satisfying all regulatory approvals, QMC aims to have its shares of common stock traded on the OTC Market once more.
4. Shareholder Approval:
o Concurrently, QMC will seek shareholder approval via a consent solicitation for the filing of an amendment to their Articles of Incorporation.
In summary, Quantum Materials Corporation is actively pursuing the restoration of its reporting issuer status, demonstrating their commitment to transparency and compliance with regulatory requirements
4. How long does it typically take to regain reporting issuer status after losing it?
Copilot
The duration to regain reporting issuer status after losing it can vary based on several factors. However, let’s explore some general considerations:
1. Emerging Growth Companies (EGCs):
o If a company qualifies as an Emerging Growth Company (EGC), it may have certain advantages in terms of financial reporting and disclosure requirements.
o An EGC that loses its status typically adopts the standard applicable to non-EGCs in its next filing after losing the status1.
2. Foreign Private Issuers (FPIs):
o For Foreign Private Issuers (FPIs), the consequences of losing FPI status depend on the specific circumstances.
o If a Canadian issuer, for example, loses its FPI status, it will be considered a U.S. domestic issuer starting from the first day of its next fiscal year after the loss of status2.
3. Specific Timelines:
o Unfortunately, there is no fixed timeline for regaining reporting issuer status.
o Factors affecting the process include the company’s efforts to compile necessary financial information, regulatory approvals, and the complexity of the restoration plan.
4. SEC Guidance:
o Companies seeking to regain reporting issuer status should closely follow SEC guidance and work with auditors and legal counsel.
o The specific steps and timing will depend on the company’s unique situation.
In summary, the time frame varies, but proactive efforts and compliance with regulatory requirements are crucial for a successful restoration of reporting issuer status.
asked 4 questions, and this is the response.