14 Aug 2013securities registration● Neutral
QUANTUM MATERIALS CORP. filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 May 2013auditor change● Neutral
This amendment corrects the May 2013 auditor-change filing: it fixes the audited year to June 30, 2012, widens the periods covered to fiscal 2011 and 2012, and attaches DKM's letter dated May 24, 2013. The change itself (DKM out, Messineo & Co in) is unchanged.
15 May 2013quarterly activities report▼ Bad
QUANTUM MATERIALS CORP. reported a quarterly net loss of $1.2 million for the period ended 2013-03-31.
14 May 2013auditor change● Neutral
On May 6, 2013 the company dismissed DKM Certified Public Accountants and engaged Messineo & Co, CPAs, LLC of Clearwater, Florida, which the filing describes as a continuation of Peter Messineo's earlier firm. No disagreements are reported. The filing has internal slips (it says DKM audited a June 30, 2013 statement, a date that had not yet occurred).
18 Apr 2013securities registration● Neutral
QUANTUM MATERIALS CORP. filed notice of an exempt private placement.
28 Feb 2013quarterly activities report▼ Bad
QUANTUM MATERIALS CORP. reported a quarterly net loss of $931 thousand for the period ended 2012-12-31.
27 Feb 2013auditor change● Neutral
On January 10, 2013 the company was told its auditor Peter Messineo declined to stand for re-appointment, his practice having merged into Drake and Klein CPAs PA. The company engaged DKM Certified Public Accountants of Clearwater, Florida the same day. The filing reports no disagreements, and Messineo's fiscal 2011 and 2012 reports carried a going-concern doubt.
19 Nov 2012quarterly activities report▼ Bad
QUANTUM MATERIALS CORP. reported a quarterly net loss of $424 thousand for the period ended 2012-09-30.
13 Nov 2012late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its quarterly report would be filed late.
24 Sept 2012late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its annual report would be filed late.
11 May 2012quarterly activities report▼ Bad
QUANTUM MATERIALS CORP. reported a quarterly net loss of $678 thousand for the period ended 2012-03-31.
10 Apr 2012quarterly activities report▼ Bad
QUANTUM MATERIALS CORP. reported a quarterly net loss of $678 thousand for the period ended 2012-03-31.
17 Oct 2011quarterly activities report▼ Bad
QUANTUM MATERIALS CORP. reported a quarterly net loss of $27 thousand for the period ended 2011-09-30.
14 Oct 2011auditor change● Neutral
This amendment to the October 2011 auditor-change filing restates the dismissal of LBB and hiring of Peter Messineo, with small wording changes (the no-reportable-events period now covers the two most recent fiscal years) and an updated LBB letter dated October 14, 2011. No new substance on the change itself.
4 Oct 2011auditor change● Neutral
The company dismissed its auditor LBB & Associates on September 28, 2011 and hired Peter Messineo, CPA of Palm Harbor, Florida on September 29, 2011. The filing says there were no disagreements, and LBB's reports for fiscal 2009 and 2010 carried a going-concern qualification.
28 Sept 2011material agreement▲ GoodMajor
On September 19, 2011 the company signed a technology alliance with Nanoaxis LLC to make custom quantum dots for biological uses. Nanoaxis is to help the company find funding to buy a microreactor; once bought, Nanoaxis gets a worldwide exclusive lifetime license to use and sell dots made from that microreactor and pays production costs plus a margin under a later agreement. No funding has yet been secured and no dollar amounts are stated.
23 June 2011securities registration● Neutral
QUANTUM MATERIALS CORP. filed notice of an exempt private placement.
2 Nov 2010substantial holder notice● Neutral
MKM Opportunity Master Fund, Ltd, MKM SP reported a QUANTUM MATERIALS CORP. shareholding of 8,016,318 shares (9.99% of votes) in a periodic institutional filing.
28 Sept 2010late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its annual report would be filed late.
22 July 2010securities registration● Neutral
QUANTUM MATERIALS CORP. filed notice of an exempt private placement.
17 May 2010late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its quarterly report would be filed late.
12 Feb 2010late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its quarterly report would be filed late.
14 Jan 2010material agreement▼ BadMajor
This amended filing repeats the June 2009 standstill deal with the debenture holders (120 days from June 1, 2009, Solterra to raise at least $2,000,000, warrants for 1,000,000 shares at $.25) and adds an update: the standstill was amended in October 2009 to end December 1, 2009, and then expired without being extended. Isaac Horton resigned from the board on November 12, 2009, and the company released Oceanus Capital from its agreement to swap 2,350,000 free-trading shares for restricted shares. The filing does not say whether Solterra raised the $2,000,000, so the noteholders' rights presumably came back into force (inference).
16 Nov 2009late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its quarterly report would be filed late.
28 Sept 2009late filing notice▼ Bad
QUANTUM MATERIALS CORP. notified the SEC that its annual report would be filed late.
24 Aug 2009director interest notice● Neutral
QUANTUM MATERIALS CORP. President and CEO Stephen Squires sold 1,000,000 shares at $0.50.
9 June 2009material agreement● NeutralMajor
The debenture holders (MKM Opportunity Master Fund, MKM SP1 and the Steven Posner Irrevocable Trust) agreed to a 120-day standstill from June 1, 2009, not enforcing their rights under the November 2008 financing documents. If Solterra cannot raise at least $2,000,000 in that period, their rights come back into force. If it does, they may move the notes to Solterra and convert into Solterra stock at a 25% discount to the private placement price. They would also get warrants for 1,000,000 Hague shares at $.25 for 18 months, and the plan is for Solterra to become a separate public company with Squires leading only one of the two. This suggests the original financing terms were not being met on schedule (inference).
26 May 2009substantial holder notice● Neutral
Stephen Squires reported a QUANTUM MATERIALS CORP. shareholding of 34,550,000 shares (49.40% of votes) in a periodic institutional filing.
5 Mar 2009director interest notice● Neutral
Kim Pichanick became a QUANTUM MATERIALS CORP. director and company insider (initial ownership filing).
12 Feb 2009material agreement▲ Good
The holders of the $1,500,000 debentures granted Hague a 180-day extension on all deadlines for getting an effective registration statement covering the shares issuable on conversion and certain other restricted securities. This eases the registration deadlines set in the November 2008 financing.