Quantum Materials Corp. (fka QTMM)

[drugmanrx]

LOL? Too too funny this early in the morning.

What is your point?

Did QTMM sign a deal with Solterra last night and I missed it?

Nothing my friend is guaranteed, and at this stage there is nothing to indicate that the Assam government or Amtronic CC will not live up to their SIGNED agreement to PAY QTMM a minimum royalty regardless of sales of solar cells.

The topic was if I remember correctly, RECURRING REVENUE.


There is a signed contract in place that states (yearly minimum royalties) QTMM is entitled to receiving recurring revenues regardless of sales or improvements. PERIOD!

Annual Minimum Royalties



Annual minimum royalties will commence on January 15, 2021 and will be as follows:



January 15th , 2021 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2022 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2023 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2024 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2025 Minimum royalty = $[**Confidential Treatment Requested]



Since robust sales are anticipated from 2025 forward annual minimum royalties will likely no longer be relevant. In the event this is not the case annual minimum royalties of $[**Confidential Treatment Requested] will be used as default to perpetuity.

The contract is believed to be upheld by all parties until it isn't.