Replies to post #97311 on Quantum Materials Corp. (fka QTMM)

[Jamis1]

I believe it's $15 million for 51% of company, plus guaranteed revenue of

$15 million over the period including 2020 and continuing until twelve months after the Company has completed development of a functioning product integrating the QMC HealthID IP and Innova Medical Group’s products.

Looks like the $15 million financing has 154,228,625 shares being issued.

So looks like the other $15 million will be for about 600 million shares.

So now comes the vote for selling the company and diluting the company by 50%!

But hay, 50% is a hell of a lot better than 0%.

[QuantumTravesty]

That’s a forking like I may have never seen before. And to all of the people that said if they were financing through stock we’d see an 8k etc. Holy sheet Batman he managed to effectively sell out the company and you got no 14A proxy on that one. Nobody but Paco Pasaca runs this thing now.