Current Report Filing (8-k)
November 04 2014 - 5:11PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 31, 2014 (November 4, 2014)
|
QUANTUM
MATERIALS CORP. |
(Exact
name of registrant as specified in its charter) |
|
|
|
|
|
Nevada
|
|
000-52956 |
|
20-8195578 |
(state
or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer Identification Number) |
|
|
|
3055
Hunter Road
San
Marcos, TX |
|
78666 |
(address
of principal executive offices) |
|
(zip
code) |
|
214-701-8779 |
(registrant’s
telephone number, including area code) |
|
|
(former
name or former address, if changed since last report) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
[
] |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[
] |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[
] |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[
] |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item
3.02. | | Sale of Unregistered
Securities |
On
October 31, 2014, the holders of $350,000 of debentures converted their debt into 2,333,333 restricted shares of Common Stock
of the Company and two-year warrants to purchase 2,333,333 shares of Common Stock at an exercise price of $.30 per share. On November
3, 2014, a secured lender, which loaned us $500,000 in principal in November 2008, has converted the principal at a conversion
price of $.06 per share into 8,333,333 shares of Common Stock and it received accrued and unpaid interest through the conversion
date of an additional 40,483 shares, for a total of 8,373,816 shares. As a result of these debt conversions, $850,000 in principal
of debt has been removed from the Company’s balance sheet. Exemption from registration is claimed under Section 3(a)(9)
of the Securities Act of 1933, as amended, as an exchange of securities without the payment of any commissions.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
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QUANTUM MATERIALS
CORP. |
|
|
Dated:
November 4, 2014 |
/s/
Stephen Squires |
|
STEPHEN
SQUIRES |
|
Chief
Executive Officer
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