Quantum Materials Corp. (fka QTMM)

[BigE1960]

Early in 2017 the company agreed to a Security Purchase Agreement with two investors - L2 (Kansas) and SBI (NY/Miami).

Approximately 6 months in and at a fraction of the $5M deal, the investors claim multiple conditions of loans (spelled out in the Promissory Notes) were breached.

QMC says they didn't and investors are predatory. QMC files for a TRO in a suit against the third party transfer company to prevent them from executing transfer of shares.

Investors/lenders file breach of contract civil suits (seeking penalties spelled out in agreements) in KS and FL.

Meanwhile, QMC's auditor quits prior to filing Annual Report and QMC claims that responding to the "predatory lenders" caused them to miss their allotted time slot with their new auditors.

Obviously, quickly summarized, but I think close enough to begin to answer the question.

Links to most of the above have been posted previously.