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Replies to post #55181 on Quantum Materials Corp. (fka QTMM)
BigE1960
02/03/17 4:09 PM
#55182 RE: MrDots #55181
A. The 75:25 asset split is new. According to the ownership spelled out in this filed incorporation form, it was 500,000 shares to 500,000 shares --> https://www.dropbox.com/s/uw130xzowlxx9fu/PS300021357730_03.pdf?dl=0 B. From yesterday's 8-K, QMA "will be registered." Huh? Was it established in February 2016 (as the above document indicates) or September 2016 (as the press release says) or is it some future date (as the 8-K implies)? Maybe "established" just means something else. C. If there was $14.4MM initially invested, why wasn't 50% of it (or the new 25%) shown as an asset in the last 10-Q? D. China Government Guidance Fund is investing in GTG and QMA? So, how is the $21.8MM being split between GTG and the JV?