Quantum Materials Corp. (fka QTMM)

[Jamis1]

Song and dance? 8k is not required per SEC filing requirements. They already shared the agreement and milestones are listed. They just gave an update on operational status.

QMC in its history has only put value into accounts receivable on a couple occasions. The last two were for $500k and $1 million. The PR marked the point were QMC now has that $1 million on the books as accounts receivable. If my accounting understanding is current, they met a milestone where they can now invoice and await payments, therefore credit to accounts receivable.