Replies to post #52998 on Quantum Materials Corp. (fka QTMM)

[Solar_Express]

Thanks J for breaking down the EXCELLENT NEWS. Also Welcome Tennisgal your timing is impeccable ;-)

[JimmyBendrix]

Excellent

[TedJ]

The other positive is that the company is required by the RRA to submit a registration statement (S-1?) for all the current and future shares involved in the agreement before the end of the year.

Since QMC is currently on the OTC, the shares are not registered and the commitment shares will be Restricted per Rule 144 as you pointed out. However, the Registration Rights Agreement is an indication that Lincoln Park wants/expects them to get off of the OTC, so the shares need to be registered.

[Jamis1]

Looks like sufficient funding to ramp up production: equipment, new hires, etc!

Things are looking up!

[j45]

Forgot to add: NO UPPER LIMIT on share purchase.
Stock gets to 20 cents we draw, they pay 20 cents!!!

[Jamis1]

Correction:

The 15 cent warrants are for notes only NOT the LOC. J45 combined thoughts.