Replies to post #30788 on Quantum Materials Corp. (fka QTMM)

[Jamis1]

The 10K says 25 g/hr for the unit placed in service in June.

[quarrydawg]

I'm new to reading these sec documents but I do see on page f-9 of the 10k a price tag of over $300g for the microreactor. Still seems like a great buy if they can move the dots that this thing should have made by now.

[color=red]Note 4. Long-lived assets
Furniture and equipment
Components of furniture and equipment consist of the following items as of June 30,:
2014 2013
Office equipment $ 11,448 $ 11,448
Office furniture 1,623 1,623
Microreactor 303,514 —
Total Furniture & Equipment 316,585 13,071
Accumulated depreciation 20,659 13,071
Total Furniture & Equipment, net of Amortization $ 295,926 $ —
Depreciation expense was $7,588 and $1,160 for the years ending June 30, 2014 and 2013, respectively.[/color]