Quantum Materials Corp. (fka QTMM)

[dms1]

Only on this board would people see the reasoning for a private placement as someone wanting in.
The only things that are clear from this placement are that:

1) we won't be organically growing to the Nasdaq this year as you don't offer shares up at 15 cents if you expect the stock to be at a buck or three in the next nine months.

2) there are no significant sales on the horizon. Again, placements are meant to be done to optimize revenue, you do not do one now if a revenue announcement is right around the corner and the stock place will increase. Also, they have no need for 2 million if revenues are around the corner

3) Just a guess here, but I'd say we will get another note in a couple days that the offering is complete. The terms are unusual so I'm guessing it's already done and complete