2. Amendment to 2014 Warrants; Termination of Remaining 2014 Warrants . The Company agreed to the following for each of the Holders: (i) the issuance of 1,250,000 shares (one-half) of the 2,500,000 shares pursuant to each of the 2014 Warrants in exchange for the cancellation of the remaining 1,250,000 shares of the 2014 Warrants with such 1,250,000 Shares to be issued upon receipt of the warrant exercise form. The Company and the Holders agree that the cashless exercise is the full and complete exercise of the 2014 Warrants.
3. Exercise of 2015 Warrants. Each of the Holders elected to exercise the respective 2015 Warrants, at the stated exercise price of $0.06 per share, for $187,500 and an aggregate purchase price of $375,000 (the “2015 Warrant Purchase Price”) for both of the 2015 Warrants, and the Company agreed to issue 3,125,000 to each of the Holders upon receipt of (i) the 2015 Warrant Purchase Price and (ii) the subscription forms attached to the respective 2015 Warrants.
$0.07 low today down 45% from $0.127 in less than 2 months. Hit the easy button on that one.
Until the other shoe drops and it will.
Then you should pm John
Solar_Express Wednesday, 09/28/16 11:06:09 AM
Re: greenman100 post# 52264
Post # of 52282
With MKM dumping 17M + shares it's tough to get any share price momentum upward.
And while you're at it teach him what an S-8 registration is
Wednesday, 09/28/16 10:55:39 AM
Post # 52268 of 52268
Employee Benefit Plan (s-8) Sri Peruvemba 15,000,000 $ .103 Shares now the same level as CEO.
But I know when the low of the day is over 15% below the close of the previous day. I also know that 16 million shares of dumping by MKM doesn't account for the over hundred million shares that have been dumped in the last 16 months.
You see blue skies and I see nothing but red flags. Assets equaling liabilities therefore enterprise value of zero despite spending $28 million of investor capital and never even paying their licensing agreement fees in full with two universities from that money. Do you think someone has a receipt for where the $28 million actually went? Their greed is historic given they have to defer excercising 60 million insider shares as the fully diluted exceeds 400 million authorized. There is no majority independent board of directors despite touting up listing in their roadshow . Stock clawback provisions in the former CEOs employment contract if necessary upon review during application to a higher exchange. It is likely that all they will have is a film sample with Nitto at CES 2017 and be shopping it to display manufacturers, read their words carefully, a film available in commercial quantities early 2017. Your six cent cost basis won't save you from owning only 10 or 20 percent of the company when they reverse split it and recapitalize it with new investor money. Ask yourself why they don't allow the transfer agent to disclose the public float,only the outstanding shares number? They may be fully reporting but not fully disclosing when it comes to the float. How many shares do you think the outstanding is on a fully diluted basis?
this will get ugly before it gets to Nasdaq.
Thanks for the great advice.
Volume up 100% ~~~ Stock down 6%~~~ that's called dumping. Remind me why it's good again J?
Sri picks up where Squires left off. The $0.04 to $0.06 convertible debenture shares just keep dumping for a 100-300% profit. It looks like Torrey Hills buyers are tapped out and now we're doing interviews with bucket shops to buy the next 50 million shares of convertibles dumping. Remind me why it's good when the volume goes up and the price goes down J?
The disappointment pending is palatable. On top of the One and a half million shares being dumped each week you are beginning to see tax loss selling before it drops to $0.07 in December.
At $0.1099 it's down 13.5 % from $0.1270 nice job J!
BigE1960 Member Level Sunday, 09/11/16 05:55:06 AM
Re: Solar_Express post# 51721
Post # of 51722
My chart was provided to disprove a false claim. However, if you would like to go down this path, for the record, here is QTMM's chart for about two years. (I apologize to the poor souls who are down from ~$0.36 to ~$0.12 and would rather not have this graphic reminder.)
wynns01 Saturday, 09/10/16 01:54:01 PM
Re: trevorbc post# 51701
Post # of 51702
TBF "so do many companies i.e QMC" isn't fact based at all...they haven't sold a dot yet...
Carrying Cad products....Cad offers better performance...why not carry it until there is a definitive ruling one way or the other? I'm sure the executives at the company know a lot more than you or I about what the final timeline will be for cadmium...
So now you're calling Samsung out? Samsung has stated they're cadmium free. Is the only company's public statements we're trust QMC's PRs now?
Cool...you went to CES...you also got SS in trouble for taking a private placement in BC...you're obviously in the know....
(A little correction is needed,,Squires circumvention got him in trouble in my opinion.)
You mean the same BigE that tried to finance Qtmm and the contract read his group would end up with the IP? Nope I'm not him but you should ask him about his negotiations with Squires someday
So far you've considered me to be longvestor,wynns and bige when actually I am who you think you are because iactuallykniwwhatyouthinkyounnow.
Maybe Mr. Carlson the new Chairman of the Board will blog about it from his den one morning in his role as Managing Director at Sylva International or include QMC in his Sylva Capital newsletter.
And this parrot enjoys pulling your string and watching you run between boards in your super~investor
costume defending a company you actually know little about. You can run back to ihub and tell everyone yes Squires has had contact with Samsung for many years and has failed to have the specifications,capacity or price point,an abject failure. All in my opinion of course. Notice the two correct uses of the word "your".