InvestorsHub Logo
Followers 33
Posts 3334
Boards Moderated 1
Alias Born 05/26/2010

Re: chessmite post# 49372

Thursday, 06/16/2016 10:22:38 AM

Thursday, June 16, 2016 10:22:38 AM

Post# of 104482
Item 7.01 Regulation FD Disclosure

On January 27, 2016, the Company issued a press release announcing that the company has entered into a joint venture with Guanghui Technology Group (“GTG”) whereby GTG will invest $20 Million US into the joint venture for building out Quantum Materials QDX™ quantum dot production facilities and quantum dots application development in China. The joint venture will be registered in Hong Kong and operated as Quantum Materials Asia Co., Ltd. Under the terms of the agreement, cash distributions by the joint venture will be split 50% - 50% between the Company and GTG. The Company and GTG will each appoint three members of the joint venture’s board of directors, and Stephen Squires, Quantum Materials Corp. President and CEO will serve as the joint venture’s CEO.

https://www.sec.gov/Archives/edgar/data/1403570/000101376216001274/f8k012716_quantummaterials.htm

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.