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Re: puravida19 post# 56492

Friday, 02/24/2017 7:53:34 PM

Friday, February 24, 2017 7:53:34 PM

Post# of 104535
I'm not so sure that is how I am reading it. The 8K reads as follows:

Quantum owns a 25% interest in QMA. Quantum has the right to 50% of the profit distributions from QMA. Quantum also manages QMA and has 50% of the board membership in QMA.

So QMC receives 25% interest in QMA. QMA has 50/50 profit distributions with GTG so would that not mean that QMC only gets 25% of what QMA makes? Not 25% of total profits but rather 25% of QMA profits.

This equates out to QMC getting 1/8 or 12.5% of the total profits.

Art I think it's time to stop attacking everyone, it's clear there are some uncertainties here and the concerns investors are expressing are valid concerns and these are good questions IMO. This is my take/opinion on the phrasing from 1/30/2017 SEC filing.

As for the Societe Generale Investment, this was not a news publication that the information was pulled from it was from Societe Generale Investment Co website. BigE made a find this morning on newChinafortune.com with this same info posted in 2015 so it does raise some valid questions. My opinion stays that the last 10-days of 800% spike in volume and doubling of SP was from Chinese investors. I think this was their plan for sometime now since Steve and Toshi's negotiations with GTG began and they are now acting on purchasing shares since everything is in concrete regarding the JV and the Chinese Government guidance fund investment of $21 million to build the 2 QD production lines. This is all my opinion and I apologize if my excitement of the initial discovery caused me to convey the translation of the site in a misleading way. This is definitely not from a news publication though Art.

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