Replies to post #103046 on Quantum Materials Corp. (fka QTMM)

[Kurt_Banoffee]

There is nothing confusing about it if you stop trying to put words in my mouth that aren't there. I'll type slower so maybe you can follow along this time:

1) you can't amend your articles period if you're in default. NV wouldn't except the filing because it would be illegal to do so.

Follow?

2) Voting on an amending the articles is not amending the articles. It's voting to approve an amendment to the articles.

Follow?

3) There is no law preventing shareholders from voting when a company is in default, and I didn't claim there was. Voting is not the same thing as filing.

Follow?

So, here is what happened:

1) Shareholders approved an amendment to the articles to increase the A/S.

2) QMC made the necessary filing in NV to get themselves back in good standing.

3) Once in back in good standing the next day, QMC filed the amendment to the articles that was previously approved by the shareholders.

4) When the filing was accepted and file stamped by the State of Nevada, the A/S was thereby increased - all nice and legal.


Now that really wasn't that hard now was it.

"I did not say it would be illegal to vote on an amendment."

No you said this

"you can't legally amend your articles of incorporation when you're in default."

but, you also said this

"The shareholders approved and authorized an amendment to the articles increasing the A/S"

Sure sound like you are saying they amended their articles of incorporation October 30, 2021, while their were in default.