Replies to post #63047 on Quantum Materials Corp. (fka QTMM)

[Jamis1]

The lenders who filed suit against QMC claiming gain nothing if the stock is worthless. They have a default provision that requires QMC to supply them about 8 million shares.

8 million share of nothing is nothing. Even if it was worth $0.06, is just shy of $480,000. They invested almost that much in QMC. How is that a return on investment to them?

I see them as seeing the future which makes a lawsuit a worthwhile investment if they thought QMC wouldn’t fight it or would settle for some smaller number of shares. If they get an extra 2-5 million shares and QMC succeeds, then their lawsuit will pay a substantial return.