Replies to post #69535 on Quantum Materials Corp. (fka QTMM)

[Solar_Express]

With $$ coming in from India and unannounced ventures this should offset any debentures. 2019 looks like the turnaround year.

[dockzef]

All signs point to STONG BUY!

Thanks for explaining a side I had not considered. It is worth taking into consideration but with recent developments it is my belief it soon will be in the rear view mirror. Thanks for posting this extremely valuable info!

[Kurt_Banoffee]

The insider ownership number you cited is not representative of the % control as it includes a lot of options and warrants which don't have voting rights. Also, where did you see that QMC borrowed $1.M from SBI and L2 and still had an outstanding balance? My memory is that it was closer to $550K and that both loans had been fully repaid?

[TedJ]

"The principal beneficiaries of expiring warrants will be Directors and Executive Officers as a group of 5 persons, Hoppel and the Carson Group holding altogether about 167 million shares or over 33% insider ownership."

No, because of the 167 million beneficially owned shares by these 7 beneficial owners, the 167 million shares includes 72 million warrants and options. Therefore, if the warrant and options expire, then these beneficial owners would lose 45% of their potential ownership.

Notes from last 10-K:

(4) Includes 14,903,301 shares of common stock owned by Mr. Squires and 230,000 shares of common stock owned by Mr. Squires wife and options to purchase 45,031,250 shares owned by Mr. Squires and options to purchase 1,537,500 shares owned by Mr. Squires wife. Excludes 12,000,000 options owned by Mr. Squires which are unearned as of the date of the filing of this Form 10-k.

(5) Includes 6,670,000 shares of common stock and warrants to purchase 13,435,417 shares. Excludes 1,250,000 options which are unearned as of the date of the filing date of this Form 10-K.

(6) Includes 5,800,000 shares of common stock and warrants to purchase 5,850,000 shares.

(7) Includes 100,000 shares of common stock and warrants to purchase 300,000 shares.

(8) 2,010,466 shares are payable in accordance with Robert Phillips consulting contract, if 100% equity payment is elected.

(9) Includes (a) 23,600,000 shares of common stock issuable pursuant to subscription rights, (b) 7,250,000 shares of common stock issuable upon exercise of warrants, and (c) 9,041,667 shares of common stock issuable upon conversion of debentures. Lucas Hoppel is an individual investor, located at 295 Palmas Inn Way, Ste 104, PMB 346, Humacao, PR 00791.

(10) According to Schedule 13D dated October 4, 2016 and an email received by Company counsel on December 6, 2017. Carson Haysco Holdings, LP is the beneficial owner of 13,919,750 shares of common stock, which includes 4,166,667 shares issuable upon conversion of a debenture; Carson Diversified Investments, LP is the beneficial owner of 13,919,750 shares of common stock, which includes 4,166,667 shares issuable upon conversion of a debenture. Carson Diversified GP, LLC is the general partner of each of Carson Haysco Holdings, LP and Carson Diversified Investments, LP, and W.C. Carson is the beneficial owner of 100% of the ownership interests in Carson Diversified GP, LLC. The address for the Carson Group is P. O. Box 666, San Marcos, TX 78667.