Replies to post #66333 on Quantum Materials Corp. (fka QTMM)

[Solar_Express]

Steve came back after the predatory proxy a little under 2 years ago and has turned things around now QMC is suing the practices of the predatory lenders and K&L Gates for 100M

In the lawsuit Quantum has filed against K&L Gates, the Petition claims that some of the technical ‘defaults’ had, in part, been created by legal malpractice or fiduciary violations committed by K&L Gates while working on behalf of Quantum. In essence, K&L Gates was suing Quantum while in possession of Quantum’s confidential legal files and presumably also holding the confidential legal files for the lenders who were suing Quantum.

http://icrowdnewswire.com/2018/10/17/minns-arnett-file-lawsuit-against-kl-gates-alleging-malpractice-and-breach-of-fiduciary-duty-on-behalf-of-quantum-materials-inc/

[BigE1960]

This is a quibble? --> "And what would stop shareholders from authorizing more shares?"

For months the gospel has been that QMC could lose the KS case and it was not a big deal. (If you'd like I am sure I could cite this multiple times and by multiple sources.)

Seems legit to point out the flaw in the bankruptcy theory based on the belief that shareholders will again vote to raise the authorized shares if asked.