QuantumSphere Inc. (fka QSIM)

[mmscoutregiment]

Compiled DD

OTC Pink Current
http://www.otcmarkets.com/stock/QSIM/quote

As stated in many posts, the AS is at 500M and has not been raised:

According to the most recent 10Q filed June 7, 2017.
Common stock, $0.001 par value, 500,000,000 shares authorized, 205,765,428 and 22,728,437 shares issued and outstanding as of March 31, 2017 and June 30, 2016, respectively
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12115952

500M AS confirmed by Nevada SOS.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=9I%252fV4ExtrBm92d2iOmjM1w%253d%253d&nt7=0

Key takeaways from the latest 8K:
QSIM entered into an Equipment Purchase and Sale Agreement with Vivakor, Inc. in which the Registrant agreed to sell to Vivakor: 1. Two patents relating to the manufacture and production of nano-particles for use in conjunction with ammonia, methanol, hydrogen, light olefins and other chemical applications which may be improved through the use of FeNIX and other nano-particles; 2. Reactors related to nanomaterials production, passivation equipment, ammonia bench-test and ammonia lab analysis equipment, nanomaterials inventory, computer equipment, and related property of the Registrant related to nanomaterials and ammonia processes.

Not only will QSIM be selling the two patents, they will be selling reactors, equipment, and inventory.

Vivakors(VIVK) main focus is in the area of natural resources and is currently trading at .54 cents on the OTC.
http://vivakor.com/

In return, the Registrant shall receive from Vivakor up to $5.0 million in Vivakor convertible Preferred Series C Shares (“the Preferred Shares”) as follows:

1. The Registrant shall receive $2.5 million in Preferred Shares upon execution of the September 2017 Agreement;
2. The Registrant shall receive an additional $2.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within six months of the signing of the September 2017 Agreement, or;
3. The Registrant shall receive an additional $1.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within six months and one day to one year of the signing of the September 2017 Agreement, or:
4. The Registrant shall receive an additional $0.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within one year and one day to two years of the signing of the September 2017 Agreement,

In addition, the Registrant shall be entitled to receive a royalty payable within ninety days after the end of each calendar year from the prior year’s activities with respect to all Casale, S.A. or other definitive purchase orders. The royalty shall continue for a ten year period and shall equal five percent of gross revenues from the FeNIX orders.

Vivakor will also grant to the Registrant warrants to purchase 11 million shares of Vivakor Restricted Common Stock, which shall be subject to a lock-up agreement pursuant to which during the two year period after the date of conversion, the holder may sell only a number of shares equal to twenty percent of the ten day average volume of Vivakor common stock as reported on its trading market during any ninety day period, at $0.50 per share as of the closing date of the transactions contemplated by the September 2017 Agreement. The warrants shall have an expiration date of two years from the closing date, may not be transferred or assigned without the prior written consent of Vivakor, which consent will not be unreasonably withheld. If warrants are exercised within ninety days of the close of the September 2017 Agreement, the warrant price will be $0.35 per share.

The eight remaining patents shall remain with the Registrant.

Only two have been sold. Much more in the pipeline.


http://ih.advfn.com/p.php?pid=nmona&article=75611148

Patents:

1: System and method for ammonia synthesis
Patent number: 9272920
Abstract: Systems and methods are disclosed herein for synthesizing ammonia using nano-size metal or metal alloy catalyst particles. Hydrogen and nitrogen gases are passed through a system comprising, for example, a bed of magnetite supporting nano-size iron or iron alloy catalyst particles having an optional oxide layer that forms the catalyst.
Type: Grant
Filed: November 20, 2013
Date of Patent: March 1, 2016
Assignee: QuantumSphere, Inc.
Inventors: R. Douglas Carpenter, Kevin Maloney



2: Method and apparatus for forming nano-particles
Patent number: 8500427
Abstract: Nano-scale particles of materials can be produced by vaporizing material and allowing the material to flow in a non-violently turbulent manner into thermal communication with a cooling fluid, thereby forming small particles of the material that can be in the nano-scale size range. A raw material feeder can be configured to feed raw material toward a heater which vaporizes the raw material. The feeder can include a metering device for controlling the flow of raw material toward the heater. A gas source can also be used to cause gas to flow through a portion of the raw material feeder along with the raw material.
Type: Grant
Filed: September 21, 2010
Date of Patent: August 6, 2013
Assignee: Quantumsphere, Inc.
Inventor: Ray Douglas Carpenter



3: Compositions of nanometal particles containing a metal or alloy and platinum particles
Patent number: 8211594
Abstract: A composition comprising an admixture of at least platinum particles and metal nanoparticles of metal that, when in admixture with the platinum particles, beneficially alters the characteristics of the platinum, including metals selected from one or more of the metals in groups 3-16, lanthanides, combinations thereof, and/or alloys thereof. The composition could be used to form an ink that further comprises an ionically conductive material, such as a polymer, capable of ionic networking throughout the ink composition so as to create a substantially structurally coherent mass without significantly impacting the reactivity of a substantial number of the nanoparticles. In one application, the ink may be used to form a catalyst whereby the ink is applied to an electrically conductive backing material, such as carbon paper or fibers.
Type: Grant
Filed: May 18, 2011
Date of Patent: July 3, 2012
Assignee: QuantumSphere, Inc.
Inventors: Kimberly McGrath, R. Douglas Carpenter



4: Compositions of nanometal particles containing a metal or alloy and platinum particles
Patent number: 7955755
Abstract: Cathodes suitable for use in direct methanol fuel cells are disclosed. A cathode can comprise a composition supported on a conductive substrate, where the composition comprises: reactive nano-particles each consisting essentially of a core of metal and/or metal alloy and a shell of an oxide of the metal and/or metal alloy in the core; platinum and/or platinum alloy particles devoid of an oxide shell; and an ionomer. The metal nanoparticles can comprise one or more of palladium, chromium, manganese, nickel, iron, copper, gold, lanthanum, cerium, tin, sulfur, selenium, cobalt, silver, and alloys thereof. Direct methanol fuel cell incorporating these cathodes are also disclosed.
Type: Grant
Filed: July 23, 2007
Date of Patent: June 7, 2011
Assignee: Quantumsphere, Inc.
Inventors: Kimberly McGrath, R. Douglas Carpenter



5: Nano-material catalyst device
Patent number: 7897294
Abstract: A catalyst member can comprise nano-scale nickel particles. The catalyst member can be used for a plurality of different uses, for example, electrodes of a fuel cell or an electrolysis device. The nano-scale nickel particles can be sintered or combined in other manners to form the desired shape.
Type: Grant
Filed: November 8, 2004
Date of Patent: March 1, 2011
Assignee: Quantumsphere, Inc.
Inventor: Ray Douglas Carpenter



6: Method and apparatus for forming nano-particles
Patent number: 7803295
Abstract: Nano-scale particles of materials can be produced by vaporizing material and allowing the material to flow in a non-violently turbulent manner into thermal communication with a cooling fluid, thereby forming small particles of the material that can be in the nano-scale size range. A raw material feeder can be configured to feed raw material toward a heater which vaporizes the raw material. The feeder can include a metering device for controlling the flow of raw material toward the heater. A gas source can also be used to cause gas to flow through a portion of the raw material feeder along with the raw material.
Type: Grant
Filed: November 2, 2006
Date of Patent: September 28, 2010
Assignee: Quantumsphere, Inc
Inventor: Ray Douglas Carpenter



7: Apparatus for uniform feeding of powders
Patent number: 7713043
Abstract: An apparatus for and a method of feeding powders to a subsequent processing step. In particular, the apparatus includes a first hopper, a first metering brush feed, an intermediate chamber, a second distribution brush, a level sensor, and a supply hopper to deliver powder to a pair of rollers. In one embodiment, the hopper is fitted to the roller diameter to produce a uniform, ribbon or free-standing sheets suitable for air-breathing battery and fuel cell electrodes.
Type: Grant
Filed: October 20, 2005
Date of Patent: May 11, 2010
Assignee: Quantumsphere, Inc.
Inventors: Robert Brian Dopp, Allan Nettleton



8: Electro-catalytic recharging composition
Patent number: 7709127
Abstract: A composition useful for the fueling and refueling of electrochemical devices is described. The composition comprises an ion-conducting medium such as an electrolyte, and catalyst nanoparticles. Unlike traditional electrodes, such as those typically used in electrolyzers and fuel cells, the inventive composition may be quickly drained from the device and refilled to maintain maximum cell performance. In addition, the electro-catalytic charging composition can be stored as a solid for safe handling; for example in a portable cartridge.
Type: Grant
Filed: May 8, 2007
Date of Patent: May 4, 2010
Assignee: QuantumSphere, Inc.
Inventors: Kevin D. Maloney, Robert Dopp



9: Metal hydride fuel cell cartridge and electrolyzer electrode
Patent number: 7700214
Abstract: A cartridge comprises a housing that can be easily attached and detached from an electrolyzer so that the hydrogen generated can be stored within the cartridge. The housing is further configured to easily attach and detach from a fuel cell so that the stored hydrogen can be released to the fuel cell for power generation. In preferred embodiments, the cartridge comprises a cathode that serves to generate hydrogen when joined to the electrolyzer, as well as to store hydrogen. With this arrangement, a single device (the fuel cell cartridge) can function to generate hydrogen when connected to form part of the electrolyzer, to store hydrogen (whether attached to either the fuel cell or electrolyzer or neither—in stand alone form), and/or to supply hydrogen to the fuel cell, when connected thereto.
Type: Grant
Filed: November 24, 2009
Date of Patent: April 20, 2010
Assignee: Quantumsphere, Inc.
Inventors: Subramanian Iyer, Vito A. Canuso, III



10: Method and apparatus for forming nano-particles
Patent number: 7282167
Abstract: Nano-scale particles of materials can be produced by vaporizing the material and allowing the material to flow in a non-violently turbulent manner into thermal communication with a cooling fluid, thereby forming small particles of the material that can be in the nano-scale size range.
Type: Grant
Filed: May 6, 2004
Date of Patent: October 16, 2007
Assignee: QuantumSphere, Inc.
Inventor: Douglas Carpenter



Plenty of publications as well

http://patents.justia.com/assignee/quantumsphere-inc




Email response from CEO (post 11497):
After speaking to the CEO, this is what he said; "We have a real company with real people and real science with real capital and time invested, gathering real data, achieving real third party validation results in China which motivated a real Swiss partner to engage and sign real agreements with real potential for our very real and patented processes, BUT that doesn’t guarantee customer traction, profits, or a real big stock price. This is the email I send out with great consistently, please read it carefully. We do not create news out of thin air for investors to trade on. We do not predict the future. We cannot force key partners (or customers) such as Casale to test, validate, optimize, or commercialize QSIM products ever, or on a timeline that suits our or investor needs. Investing in early or late stage science, engineering, and chemistry-based projects or companies such as QSIM can be VERY risky; meaning you could LOSE your entire investment. HIGH RISK projects such as QSIM usually require a prodigious amount of time, capital, hard work, lab validations, good partners, early adopters, proper timing - and a decent amount of luck - in order to get it all right. There are NO guarantees QSIM will get ANY of it right. QSIM will never guarantee commercial timing, product performance, or customer revenues, or generate irrelevant news in the meantime. We are very optimistic about our lab and china results and the potential in the marketplace for our patents but it’s a very conservative industry and the time to market, third party testing, and early customer adoption is expensive, time consuming, and unpredictable. Today, we are out of capital and may have to sell assets, as stated in multiple previous public filings. However, we continue to have discussions with various potential funding groups to secure capital to continue operations. We may take on additional debt, if available to the company, and as needed. Other portions of remaining QSIM debt may convert to equity, causing further dilution. Read the latest 10-Q; all notes and details are disclosed in the financials. We are under strict NDA with Casale, a private company, nothing else to share at this time about their procedures or processes. While is seems nobody reads or wants to believe the risks outlined above, we are always very careful about disclosing such in all public filings, presentations, and press releases. We very much appreciate your patience and support these last two months. Our team has been working hard on this project for 14 years and it’s been a long and arduous road. We believe, that we are on the verge of something really special with great returns, that's why we are still here. Our perseverance doesn’t guarantee we will win, but the fight continues."