Quantum Materials Corp. (fka QTMM)

[DJPele]

Weird...

On that SAME website, it lists Pasaca Capital as an investor for Quantum Materials, along with a funding round of $15.5 Million Dollars:

https://www.crunchbase.com/organization/quantum-materials-corporation/company_financials

It also states that Quantum Materials is funded by Pasaca Capital

If you go to the "Post-IPO Equity" page, it shows Pasaca Capital as the lead investor:

https://www.crunchbase.com/funding_round/quantum-materials-corporation-post-ipo-equity--b1d2a449

If the deal is "dead", why is Quantum Materials Corp still highlighted on Pasaca's website?

https://pasacacapital.com/

https://pasacacapital.com/case-study/quantum-materials/

Or on Innova Medical Groups Website?

https://innovamedgroup.com/

https://innovamedgroup.com/qmc-healthid/

Or on MPS Medical website, under "Covid-19 Testing"?

https://mpsmedical-inc.com/

That's because the deal is very much alive

Additionally, since this seems to be forgotten everytime CrunchBase is referenced:

"Exits will only appear on a profile if the person or organization was an investor in a funding round of a company that went public (and has the IPO listed on their company profile).

To be more specific, an exit will appear on person profile if the person was an individual investor in a funding round. Partner investments made on an investment firm’s behalf will not appear as exits for the partner.

Additionally, exits will only appear on an organization profile (company or school) if the organization was an investor in a funding round."


Quantum is public already, which is why the exit occurred. My prior post's proves Pasaca deal is in effect.

(: