QuantumSphere Inc. (fka QSIM)

[Werbe]

That equipment purchase and sales agreement with Vivakors(VIVK) is huge. Not only is QSIM selling patents but also reactors, equipment and inventory.

Registrant agreed to sell to Vivakor: 1. Two patents relating to the manufacture and production of nano-particles for use in conjunction with ammonia, methanol, hydrogen, light olefins and other chemical applications which may be improved through the use of FeNIX and other nano-particles; 2. Reactors related to nanomaterials production, passivation equipment, ammonia bench-test and ammonia lab analysis equipment, nanomaterials inventory, computer equipment, and related property of the Registrant related to nanomaterials and ammonia processes.

In return, the Registrant shall receive from Vivakor up to $5.0 million in Vivakor convertible Preferred Series C Shares (“the Preferred Shares”) as follows:

1. The Registrant shall receive $2.5 million in Preferred Shares upon execution of the September 2017 Agreement;
2. The Registrant shall receive an additional $2.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within six months of the signing of the September 2017 Agreement, or;
3. The Registrant shall receive an additional $1.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within six months and one day to one year of the signing of the September 2017 Agreement, or:
4. The Registrant shall receive an additional $0.5 million in Preferred Shares should a purchase order for a minimum of $450,000 be received for nano iron from an ammonia plant within one year and one day to two years of the signing of the September 2017 Agreement,