Quantum Materials Corp. (fka QTMM)

[TedJ]

The Jan 2016 announcement did indicate that GTG would invest $20 million. So the initial capital investment was $14.4 million per the latest PR, but that does not mean the GTG is only putting up $14.4 million in total. Once a capital investment is made in a facility, there are continuing expenses that need to be funded. So I expect that GTG will continue to fund another $5 million or so in operational expenses and for further research as they indicated last Jan.

Its also possible that the buildout/retrofit discussed last year is a separate facility that may be in operation soon and this now adds two new facilities built at other locations.