QuantumSphere Inc. (fka QSIM)

[EDDIEO81]

https://www.otcmarkets.com/filing/html?id=12273472&guid=fmTMUe2PQFAmDyh#EX9-1_HTM

*Royalties off patents once reaching certain revenue milestones* QuantumSphere has 10 issued patents and plans to explore the sale of other assets and intellectual property rights in exchange for a combination of cash, stock, and/or royalty payments*


I assume we are not there just yet as many things can take time. Seems like some sold out into the large .0007 bids that were 10m or so month or so ago and gave up. Will see what happens its just silent for now. Holding and waiting. I am numb too no movements and being in the red normal. When they go they FLY. No Volume up or down so PPS is stagnant. If something is announced as a large holder ill be happier than flies on shit as PPS should explode. We shall see as QSIM hit .0003 at one point and Jumped too .003 in I believe 2 days in 2017.


In June 2017, the Series A preferred shareholders (who have common stock voting rights) approved a corporate resolution for QuantumSphere (the "Company") to sell up to ten nano production reactors, peripheral production and testing equipment, and certain patents to Vivakor, Inc. (VIVK) in exchange for preferred stock and royalty payments to QuantumSphere - the latter upon reaching certain revenue milestones. The asset sale is in relation to the production of the Company's QSI-Nano iron catalysts for ammonia synthesis.
2016 was a milestone year for QuantumSphere, as it was issued a key ammonia patent in March 2016 and executed a 10-year commercialization agreement with Casale also in March 2016. The issued patent (U.S. Patent Number 9,272,920) is related to its advanced FeNIX nanocatalyst accelerator technology and claims around the application of iron nanocatalysts, applied as a coating onto existing commercial ammonia catalysts, for increased catalytic activity and production efficiency in ammonia synthesis. As of today, QuantumSphere has 10 issued patents and plans to explore the sale of other assets and intellectual property rights in exchange for a combination of cash, stock, and/or royalty payments.