Quantum Materials Corp. (fka QTMM)

[Jamis1]

As of last filing on 8/18/15, they had 19,727,941 shares left.
http://www.sec.gov/Archives/edgar/data/1403570/000119312515294657/d75283dsc13da.htm

They had about 23 million at the most and were limited to a percentage of shares that they were allowed to hold.
http://www.sec.gov/Archives/edgar/data/1403570/000119312514317061/d777626dsc13da.htm

Outstanding shares is not changing. Their debt was settled back in 2014.

From a previous 10Q:

On June 30, 2014, $1 million of the Debentures were converted into 16,666,667 common shares. The remaining $500,000 of Debentures were converted into 8,333,333 of common shares at the due date November 4, 2014, converted at $.06 per share. The Company recorded the conversion at the fair market value of the shares at the date of conversion, off-set by the reduction of the derivative liability.

The Transaction Documents include a Stock Pledge Agreement pursuant to which Stephen Squires, the Company's Chief Executive Officer, had pledged 20,000,000 shares of our Common Stock to the Debenture holders (the “Holders”). The 20,000,000 shares which were the subject of a Pledge Agreement were released to Mr. Squires following the debt conversion described above.

http://www.sec.gov/Archives/edgar/data/1403570/000101376215000556/f10q0315_quantum.htm