Replies to post #51264 on Quantum Materials Corp. (fka QTMM)

[Solar_Express]

I saw 2017-2023 in this 13d: For purposes of determining the percentages reported in this Schedule 13D, the Reporting Person used the number of outstanding shares derived from: (i) 324,063,789 common stock shares outstanding as of May 10, 2016, as reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 filed May 13, 2016; and (ii) 21,568,750 common stock shares issuable pursuant to the stock options.


(2) The amount includes the following stock options owned by Stephen Squires: (a) an option to purchase 1,000,000 common stock shares at $0.05 expiring October 19, 2019; (b) an option to purchase 5,000,000 common stock shares at $0.05 expiring January 20, 2020; (c) an option to purchase 3,500,000 common stock shares at $0.03 expiring March 2, 2017; (d) an option to purchase 5,000,000 common stock shares at $0.05 expiring March 29, 2023; (e) an option to purchase 2,968,750 at $0.06 expiring February 10, 2019; and (f) an option to purchase 1,562,500 common stock shares at $0.08 expiring June 6, 2016. This amount also includes the following options issued to Robin Squires, the spouse of the Reporting Person: (a) an option to purchase 600,000 common stock shares at $.05 expiring October 19, 2019; and (b) an option to purchase 937,500 common stock shares at $.08 expiring June 6, 2019.