Quantum Materials Corp. (fka QTMM)

[ih8aloss]

PV,
Steve asked, "The question remains should the
delisting issue be addressed in the 10K or not?"

I would say yes the 10K should address it now that it is public knowledge. Originally I would have said no but then I saw one financial notice about the delisting on the Bloomberg Businessweek QTMM page under Key developments for QUANTUM MATERIALS CORP (QTMM)
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=QTMM:US.
I think a short explanation of the rule 15c2-11 and that the MM’s are circumventing the fee’s the OTC recently increased by changing trading platforms is good enough. Quantum Materials Corp along with the many other companies being affected have no control or monitoring requirements over how the MM’s execute their daily business. Steve's job is not to play policeman to these MM's, at least that is how I see it. Legally may be another issue. The 10K statement could be as short as: Due to no fault of the company for the delisting on 10-13-10, we are investigating the cause and position taken on rule 15c2-11 by the OTC.BB and will provide a final decision of our actions in the future.

I'm another day closer to retirement.
GLTA
Bill