Quantum Materials Corp. (fka QTMM)

[quarrydawg]

So the posners have received another 4.3 million shares from a 3rd party? And this 8 mill+ conversion could have a bit to do with the share price:

On November 3, 2014, the Trust converted the existing debenture into 8,333,333 shares of common stock at a conversion price of $0.06 per share.

Apon further reading we see that the 4.3 are definitely being sold to settle someone's debts, posners' I would assume:

Pursuant to a settlement of previous claims, debt arrangements and personal guarantees between the Trust and certain third parties, on December 3, 2014 the Trust acquired an additional 4,350,000 shares of common stock of the Company (the “Additional Shares”). The Trust will sell the Additional Shares and other shares of common stock of the Company that it owns in an orderly fashion and as the market conditions permit, in order to satisfy certain obligations of these third parties and otherwise comply with the terms of the settlement. Once these obligations are satisfied, the additional proceeds from the sale of the Company’s common stock will be divided between the Trust and the third parties pursuant to an agreed upon formula.