Replies to post #57529 on Quantum Materials Corp. (fka QTMM)

[trevorbc]

Do you think QMC can just throw out BOE's name without there being something serious going on? They obviously had permission to use BOE's name in this letter. That tells me a lot about the state of their "discussions"!

As an example, the Company is presently engaged in discussions with China-based BOE Technology Group as they, like many electronics groups in the market are actively exploring the potential of improving their LCD displays via the utilization of quantum dot technology. While we will continue to look forward for technology development, we are confident that the current generation of film developed with our film partners will be of a specification level that will meet or exceed the engineering parameters that we have been given by BOE, as they continue to expand the display market with tremendous resources.

[trevorbc]

Hopefully this puts to rest some of the angst regarding the OS raise. Just because the request is for 750 Million doesn't mean it will be all used! "we want the company to be in a position to be able to react to any opportunities to make strategic acquisitions"

Further, with regard to our recent proxy filing, we have kept our promise and omitted the requirement to authorize preferred shares (blank check preferred) re-incorporation in Delaware and a disproportionate reverse split. We have requested to increase the outstanding authorized to 750,000,000. I keenly understand that this number may be cause for pause, and I want to be clear that we remain sensitive to dilution concerns. For our strategic vision, we want the company to be in a position to be able to react to any opportunities to make strategic acquisitions.