Quantum Materials Corp. (fka QTMM)

[drugmanrx]

You are wrong and right, at the same time.

First installment has not NOT been payed. First payment was to be for 1million by shareholder letter and that has not been received only have and its over due by 4 months

Wrong the first installment has been paid.

Right it is late. Or is it? First payment March 19th second payment should be by May 19th.

From the agreement.

Section 4.1 Upfront Fee. The Licensee shall pay the Licensor an upfront payment of $500,000.00 within [30] business days after the Effective Date and an additional $500,000.00 within 60 days after the effective date .