Replies to post #81960 on Quantum Materials Corp. (fka QTMM)

[Kurt_Banoffee]

if diluting at the same rate of 12 million per month, S/O will hit the Authorized Share limit of 750 million in September 2020.

Why do you keep spreading the demonstrably false information that the company has not already exceeded the authorized limit of 750M?

Nevada law requires a company to reserve a share for every option, warrant, and convertible. Including those, they are way over.

Let's say things click and the share price shoots up and folks start exercising their derivatives but there are no shares to issue them? What then? Lawsuit city.

As for your run-rate calculation, ~22M of the shares were for Capstan, so not recurring dilution ans should be excluded, also you have 11 months there, not 12.

Speaking of shares, where are the Form 3's for Hartigan and Williams? Are they not really officers? Do they not have any shares?