Replies to post #49943 on Quantum Materials Corp. (fka QTMM)

[Long-vestor]

In Crime, deception schemes, criminal nature and stock scams; there are no coincidences.

Steven squires caught red handed lying to reporters, a snake with withering color that sheds his skin once a year. is still, by all other terms a SNAKE. https://www.sec.gov/rules/proposed/s72303/tdcarroll020104.txt

They are a company that appears willing to jump on just about any bandwagon in order to promote their stock including the Mad Cow disease bandwagon. Now they are asking us to believe that the military is actually testing their Humvee turret in Iraq and Afghanistan.

Stephen
Squires President of Avcom Technologies: 'Due to a ""dire financial situation,"" Avcom subsequently executed an assignment for the benefit of creditors, transferring all of its assets to another company.

Stephen Squires, inventor of many of USGA's technology and Chief Technology Officer of USGA was interviewed by The Reno Gazette in May 2003. ""We have 200 firm orders from existing airlines, inside and outside the U.S., including (Israel''s) El Al Airlines"". "About 50 of the
Carson City-based company''s nearly 500 employees are involved in"

'When USGA filed its 10K in 60 days later, it was revealed that the company only had 11 full time employees.'

According to Rich Schineller, the man in charge of investor relations for USGA, the El Al and Aero Lingus orders totalled 38 of the 200 represented in the Vice Chairman's statement. So, where are the orders for the other 162 Guardian Anti-Ballistic Cockpit Security DoorS?

July 11, 2003 filing of their 10K, the company basically attempts to unwind everything it claimed previously by saying:
In April 2003 El Al Israel Airlines, while it was under the control of the government of Israel, submitted an order to USGA for the purchase of Guardian Doors for its fleet of aircraft. Since that time, however, the airline has been privatized. Currently we are unsure whether the change in ownership will have any effect on the purchase of the doors. In April 2003
we also received a purchase order from Aer Lingus, the national airline of Ireland, for Guardian Doors. Shortly after we received the purchase order, Aer Lingus notified us that it intended to award the contract for the cockpit doors to Airbus. We believe that the major original equipment manufacturers (OEMs) in the aircraft industry have such overwhelming resources and influence in the marketplace that it will be difficult or impossible for us to gain entry, even though we believe that the Guardian Door is the best product available. We are currently reassessing our ability to compete successfully in the OEM-controlled market for secure cockpit doors."

'TOTAL REVENUE FROM SALE $ ZERO - ZIP - NADA
OF DOORS
NO SALES! IS THERE ANYTHING ELSE?'