Quantum Materials Corp. (fka QTMM)

[chessmite]

Addressing Concerns, some expressed, implied, and or observed



Huggums #11696 .....finds nothing in regards to SEC....still raises question of shell

crunch #11407 To set the record straight.......

Oakie #11740




Allegations and or implications have been raised on this board by some. Crunch responded by providing information.
Evidently, that wasn't considered enough.

I asked for and received links to information alluded to. I found nothing in regards to the SEC either, but I don't believe
it's a shell but rather of SS having been under attack inside and out.
I hope the following information helps explain that line of thinking.

The following supports crunch's post #11407


Sent: Sunday, February 01, 2004 10:09 AM
To: [e-mail]
Subject: Diseningenuos comments made to S7-23-03 "Our Street"
contribution

The Committee:


With respect to you I submit:


An example of a created short trade situation occurring in
2004


A recent activity by a group headquartered in London organized as "our-street" was directed at a company called USGA. (US Global Nanospace)

For a $200.00 per month subscription (called a gratuity by our-street) they provide a 2 day notice of upcoming "research".

Apparently the upcoming research involving USGA was an SEC complaint. It was released to the world on the internet news . I believe M2 was the first disperser of this press release.

IF our-street had acted within the covenant they established with their contributors these contributors had a 2 day warning of the release.

Our-street has a receipt from the SEC that a complaint was received against USGA that Our-street had filed.

The short opportunity.

USGA had seen significant price appreciation in the recent week with the release of a 2 for 1 forward split. The stock price had reached over $3.00 in interday trading. It had not settled back significantly on it's climb.

(As with many Over the Counter or Bulletin Board issues, (development stage) companies have no real or even spotty track records. Investors know this and accept that risk. Investors believe though that every company that complies with SEC filing requirements and qualifies for listings on our exchanges is somehow "watchdogged" by the SEC rules and if the company was a scam or false entity, it would never "pass muster" to be listed at all.)

USGA was an opportunity for the "short", because of it's rapid price increase and lack of solid financial foundation. Much press and promise, but no firm contracts. Announced but failed sales. USGA is involved in in-theatre armor upgrade kits for Humvees and a bio-decontaminant called All-Clear that is licensed from other parties. They are involved in explosion containment air cargo containers. (I believe the company has replied with no comment to callers requesting information on government contracts.)




The method.

Our-street assembles a "laundry list" of unanswered questions and files this research with the SEC as a detailed and very professional complaint. By the covenant created by the request for $200.00 a month gratuities for 2 day notice Our-street informs those generous contributors of this "research".

With this 2 day notice (funded by a generous gratuity) the conspirator contributors can establish short positions in the stocks targeted by Our-street for research.

Value of the Short activity.

With naked shorting, there is some risk. Shares may not be available. If it's a sure thing however, an "in the know" conspirator can focus his attention and husband much reward from his foreknowledge. If he is trading the stock through an overseas account with an overseas brokerage and bank accounts, ...

USGA may very well be the poster child for this market manipulation by press release.

IF Our-street was a legitimate watchdog organization would they Press Release an "SEC Complaint" before an SEC public announcement of such a complaint?
The release as I read it inferred an SEC complaint by the SEC against USGA.

False Information in the press release:

A count in the laundry list by Our-street purported that USGA had no patents. Later the same day as the initial PR Our-street retracted the no patents claim. In another press release == We didn't know they had European
patents. == (Our-street lists a London address). == But we stand by everything else. ==


Financial Terrorism

Our-street requests tips from interested parties. Obviously an interested party suggested USGA, a startup. A defense related contractor. Are there other defense or Homeland Security related companies in a similar position as USGA? ADZR Adzone research in NY comes to my mind. Our-street didn't mention them. That I know of. But I don't contribute.


Synopsis:

Our-street uses the specter of the SEC to create incidents that it's coconspirators can profit from by either selling or shorting a stock because they are given advance notice of the incident "to happen".

http://www.sec.gov/rules/proposed/s72303/tdcarroll020104.txt

........this is a synopsis of how "Our Street" works, following info on this pg copies of letters etc used.
One can gather how the same format could be adopted, adapted, applied, and leveraged ...
I believe things that happened at USGN have been alledged to be connected to SS.
Should that be the case, it could have bearing on how PRs are released.




The following information has been posted on this board before.
Notice the dates, coercion, and highlighted areas.



Houston Criminal Tax Attorney's IRS Win Helps Attorneys Across U.S.


Precedent-Setting Case Proves No Taxes Due on Stock Certificates Received for Payment, Unless that Stock is Saleable or Cash is Received.
CPA's and Tax Attorneys are cheering.

Houston, TX (MMD Newswire) October 31, 2011 - - In July of this year, Houston Criminal Tax attorney Michael Minns faced a daunting challenge, in going to trial to defend an Arizona man against two counts of tax evasion, after four teams of attorneys had previously advised Stephen Squires, CEO and Chairman of Quantum Materials Corp, to 'just settle,' and take his medicine.
Instead Squires hired Minns who has a reputation for taking the IRS to task and winning 90% of the time. Squires felt those odds were in his favor, yet Minns to prove that stock certificates received were not taxable until the stock certificates were saleable, and/or sold and turned into cash. On July 11, 2011, Minns began Squires Federal trial in the Northern District of Texas. In the second week, the trial went to the jury, and they acquitted Squires on both counts. It's the only 'full not guilty' tax case won this year.

According to the Dec. 15, 2010 indictments, Squires faced one count of income tax evasion for 2003, and one count of failure to file a tax return for 2004. On advise of previous counsel, by one of the largest law firms in the United States, Squires had stopped filing.

The IRS for years has considered the cash value of stock certificates received, the same as actual cash received. Minns proved that Squires had not willfully evaded taxes, and did not fail to report income received, because as the jury agreed, it was not income at all.


Squires had received the stock as payment in a merger transaction, which is a very common practice these days. American small stock companies, who are cash poor, regularly use restricted shares of their stock as payment in mergers and acquisitions, for services rendered, and in exchange for investor's dollars. Restricted stock typically cannot be sold until the recipient has held it for at least twelve months. This was the case for Squires.


In the Squires case Minns utilized a "willfulness" defense, proving that Squires did not Knowingly and Willfully evade taxes. In a 2007 law journal article in the South Texas Law Review, Minns clearly defined and explained how attorneys can defend their clients against the two most common phrases and claims made by the IRS; 'Defendant knowingly and willfully, etc., etc.,. (A Brief History of Willfulness as it Applies to the Body of American Criminal Tax Code). Using this defense strategy Minns has won acquittals and freedom for numerous clients charged with tax evasion.

Minns told Texas Lawyer, "the Squires win represents a rare trial victory over federal prosecutors asserting tax-related criminal charges against a defendant, adding that criminal tax cases do not normally go to trial." He went on to say; "Trial lawyers are scared of tax cases, and tax attorneys are scared of their shadow. Most cases are settled out of court, resulting in defendants going to jail. Had Squires listened to his previous attorneys, he would be in prison now, serving up to six years.

In 2003 Minns represented the interest of 1300 airline pilots in the largest TEST CASE PETITIONER action in US history, in an action for Fraud against the IRS, which resulted in approximately 3.2 billion dollars in refunds for the pilots.

After the acquittals were in, Minns went on to prove that the IRS used illegal tactics, contrived tax records, and even coerced one of the defendants to become an informant for the IRS, whom they learned was providing insider information on tactics and strategy. Minns first reported the wrong-doing to the bar associations where U.S. attorneys, W. Kenneth McQuade (Oregon) and William A. Sims (Arkansas) were licensed. Ultimately, both attorneys were suspended from practice by their state bars, and later barred from practicing law in any tax court (Click Here).

In the thirty plus years that Minns has been in practice he has represented defendants in multiple jurisdictions from New York to California and Alaska to Texas. reversing dozens of convictions on Appellate rulings and winning more indictment counts than any other tax attorney practicing in the U.S.

Minns' wins have been widely published in major newspapers and law journals, and his appellate rulings have served as case law for many attorneys (go to: http://www.minnslaw.com/publications/attorney-articles).

The Squires acquittal proves once again that difficult cases can be won against the IRS, if the attorney has a winning strategy and the Kahunas to go to trial, but unfortunately there aren't too many Michael Minns in the world.

###

http://www.mmdnewswire.com/houston-criminal-tax-attorney-michael-minns-73555.html


....to me some of the highlighted info in the above atricle show signs of True Grit and character more than anythingelse. When one takes into consideration how the IRS stacked the deck illegally and used a coerced defendant and what he faced if the ruling went against him, not only did True Grit come to mind, but also American Hero.

Everyone can draw their own conclusions/make their own decisions.



In the future, please do not allude to possible willful misconduct or other such, without expressing it (as your concern or opinion) with supportive material and links.
To do less is an attack not only against entity(ies), person(s) and or company, but against everyone who has invested in said entity, as can be shown by the conduct of Nick Tracy/Timothy Miles/Our Street example and entities forced into bankruptcy.

If you have other information you wish to present, please do so, I wish to have no specter of impropriority haunting us or others to follow.
I hope we can lay this issue to rest and move forward, to do less leaves an illusion with which could be used to attack any action of the company and generate confusion and chaos for manipulative purposes.
I think every member of the board will diligently ascertain the facts we can and some will post their opinion.
Let the Light shine.



Addressing another issue;

Conduct Unbecoming is also a Personal attack


Churlish behavior, sarcastic comments inferring that anyone has to jump whenever a question is asked, (or do any other thing) is Conduct unbecoming and is a type of personal attack.

Not only is that type of behavior an attack, but it is also an injustice to new people coming to this board for more information.

People have lives with families, jobs, emergencies, and other things to do. They contribute to this board when, if, and according to their free will.


I will endeavor to be more proactive about comments of this nature so that the board can continue to be a resource of information to help others.



Moving Forward.......



For any that wish it, my email address is [e-mail]