Quantum Materials Corp. (fka QTMM)

[QD explosion]

I must say that QMC likely loses this case. Although their attorneys do reference many sources, as you stated, many are irrelevant and highly unlikely that a judge is going to weigh in their favor. A few examples below of naively written remarks from this court filing:

It is difficult to understand what the Appellants are complaining about. Are they contending that Empire did not have effective notice (which they have no standing to do) or that Empire has chosen not to contest the injunction, which is a litigation decision exclusively in the discretion of Empire?

How can QMC attorney think it’s difficult to understand what L2/Empire is complaining about when this is the literature from their complaint which is very clear to understand IMO

I. THE DISTRICT COURT ERRED IN ENTERING THE INJUNCTION ORDER BECAUSE EMPIRE WAS NEVER GIVEN NOTICE OF THE HEARING.

QMC failed to provide proof that this notice was provided hence why this was bullet point 1 of their complaint.

QMC also references a witness that confirms receiving a payment from CEO of quantum when arguing the default issue:

Even the witness for L2, Mr. Adam Long, conceded that he had received a large amount of money when the money was due.

L2/Empires claim to terms of default are quoted below which have nothing to do with what Adam Long is quoted speaking about, which won’t weigh on the judges decision.

Quantum failed to perform several of its obligations in the agreements with Appellants, including (1) failing to file its initial registration statement with the Securities and Exchange Commission, (2) improperly restating its financials with the SEC, and (3) replacing its auditor without seeking or obtaining the consent of Appellants. 2.RR.94-95, 108-109

If L2/Empire is claiming that QMC defaulted by improperly restating its financials to the SEC or failing to file its initial registration statement with the SEC this still would put them in default despite being current on loan repayment referenced in Adam Long’s statement, given the fact it is not relevant, no?

Jamis can you elaborate a little further on what you feel in this filing will chalk up a W for QMC and lead them getting back in good standing with the OTC and SEC and not driving SP back to less than a nickel? I don’t see it....also in the interim I still do not understand nor comprehend the reasoning behind not filing the financial reports and getting right with the OTC unless you know the company is about to crumble

http://www.search.txcourts.gov/SearchMedia.aspx?MediaVersionID=a5adf3d5-6a72-4611-bac4-8194c24a5dd0&coa=coa03&DT=Brief&MediaID=e97c72a3-a026-41fc-8cb3-2500b5a228db

http://www.search.txcourts.gov/Case.aspx?cn=03-17-00749-CV&coa=coa03&p=1