Quantum Materials Corp. (fka QTMM)

[Solar_Express]

Assuming again:

Translated this means the Indians backed out because there was nothing in it for them and QMC shareholders are footing the bill to keep the illusion of a deal going without the Indians being a paying partner.

Facts:

Our Assam licensees have assured us that they are working diligently to make up for time lost due to the recent historical flooding that the Assam region experienced. We have been informed that the site work is nearing completion and that some construction is being conducted offsite as prefabricated components. Our licensee has already made significant payments and additional payments are due to us once the reactors are setup and tested. This will allow us to recognize revenue once these benchmarks are met. We will also be delivering pre and post processing equipment this year.