Replies to post #49372 on Quantum Materials Corp. (fka QTMM)

[chessmite]

Item 7.01 Regulation FD Disclosure

On January 27, 2016, the Company issued a press release announcing that the company has entered into a joint venture with Guanghui Technology Group (“GTG”) whereby GTG will invest $20 Million US into the joint venture for building out Quantum Materials QDX™ quantum dot production facilities and quantum dots application development in China. The joint venture will be registered in Hong Kong and operated as Quantum Materials Asia Co., Ltd. Under the terms of the agreement, cash distributions by the joint venture will be split 50% - 50% between the Company and GTG. The Company and GTG will each appoint three members of the joint venture’s board of directors, and Stephen Squires, Quantum Materials Corp. President and CEO will serve as the joint venture’s CEO.

https://www.sec.gov/Archives/edgar/data/1403570/000101376216001274/f8k012716_quantummaterials.htm