Replies to post #53391 on Quantum Materials Corp. (fka QTMM)

[Solar_Express]

Other considerations pg 28 The Board of Directors also believes the anticipated increase in the trading price of our Common Stock resulting from the reverse stock split could make our Common Stock more attractive to a broader range of institutional and other investors, as we have been advised that the current market price of our Common Stock may affect its acceptability to certain institutional investors, professional investors and other members of the investing public..

The more I read the more likely I will go along with this.

[Jamis1]

SE,

The concern for me and many others is real with the current wording. Failure to lower authorized shares when a R/S occurs is bad. The company then has hundreds of thousands of shares at their disposal to get additional financing (a good thing) or issue huge options to management and dilute our holdings significant (very bad thing). I'll be voting no to a R/S without changes to the wording that cause a reduction in authorized shares. By increasing the limit to 600,000 and then reducing by the same ratio as the R/S, they have the same proportion (equivalent 200,000) of new shares available for financing and option awards. Beyond that 600,000, they should start a buyback strategy within a year or so of commercial success. The buyback can be used to support employee incentive programs. They should eventually be able to get credit from a bank or other financial institution to finance further expansions.