Replies to post #82980 on Quantum Materials Corp. (fka QTMM)

[shoondale]

If you examine both the SEC filings and the PR's you will notice the licensing and development agreement, which was not in effect, was violated here too. A percentage of the reactors was supposed to be paid in cash and before shipment. This was not done. A letter of credit with no cash exchange was quoted. In other words, shareholders funded the pretense of the Indians being willing participants.

Some of you just do not want to accept reality to create a fantasy which does not exist.

The Indians are not dumb enough to give QMC any more money. What QMC did there, if anything, was funded by shareholders and not as the licensing and development agreement claimed. That was made clear.

Question.

The point of the India deal being dead is that before or after India receiving the reactors?

I mean wasn't the SEC filing you are referring to before the reactors were sent, received and set up on an off construction site?