SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 14, 2015
|QUANTUM MATERIALS CORP.|
|(Exact name of registrant as specified in its charter)|
|(state or other jurisdiction of incorporation)||(Commission File Number)||(IRS Employer Identification Number)|
3055 Hunter Road
San Marcos, TX
|(address of principal executive offices)||(zip code)|
|(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 5.02||Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers|
Effective October 14, 2015, Sriram Peruvemba joined Quantum Materials Board of Directors. Mr. Peruvemba is the CEO of Marketer International, a marketing services firm, a position he has held since July 2014. Since August 2014, he has also served as head of marketing for The Society for Information Display (SID). Prior to that, Mr. Peruvemba held the positions of Chief Marketing Officer at Cambrios Technologies from April 2013 through July 2014 and Chief Marketing Officer at E Ink Corporation December 2009 through April 2013. With over 25 years of experience in the technology industry, Mr. Peruvemba has been an influential advocate in the advancement of electronic display technology. He is an acknowledged expert on electronic displays, touch screens, and related technologies and consults, writes and presents on those subjects, globally. Mr. Peruvemba has also held senior level positions at Sharp Corp, TFS Inc., Planar Systems and Suntronic Technology and has BSEE and MBA degrees and a post-graduate diploma in management.
Mr. Peruvemba replaces Mr. Chris Benjamin who resigned from the Company’s Board of Directors on October 8, 2015, previously announced in the Company’s most recent Form 10-K filing.
|Item 9.01.||Financial Statements and Exhibits.|
|99.1||Press release dated October 15, 2015. (Filed herewith.)|
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.
|QUANTUM MATERIALS CORP.|
|Dated: October 15, 2015||/s/ Stephen Squires|
|Chief Executive Officer|
Sri Peruvemba Joins Quantum Materials Board of Directors
Company Continues to Expand Electronic Display Eco-System
San Marcos, TX – October 15, 2015 – -- Leading North American quantum dot manufacturer Quantum Materials Corp (“QMC” or the “Company”) (OTCQB:QTMM) today announced that Sri Peruvemba has joined the Company’s Board of Directors, effective immediately.
Mr. Peruvemba is the CEO of Marketer International, a marketing services firm, and serves as head of marketing for The Society for Information Display (SID). He was previously CMO for E Ink Corporation. With over 25 years of experience in the technology industry, Mr. Peruvemba has been an influential advocate in the advancement of electronic display technology. He is an acknowledged expert on electronic displays, touch screens, and related technologies and consults, writes, and presents on those subjects globally. Mr. Peruvemba has also held senior level positions at Sharp Corp, TFS Inc., Planar Systems, and Suntronic Technology and has BSEE and MBA degrees and a post-graduate diploma in management.
“The Company is continuing its progression to an independent board of directors, and we are fortunate to have Sri join at this timely period in our Company’s growth,” said Quantum Materials founder and CEO Stephen Squires. “His experience, industry knowledge and relationships will be integral to advancing and expanding upon the significant progress we have made establishing Quantum Materials as an innovative high-volume provider of advanced technology Quantum Dots to the display industry.”
Sri Peruvemba replaces Chris Benjamin on the Quantum Materials Board of Directors. The addition of Mr. Peruvemba as an independent director gives QMC a NASDAQ-compliant independent board of directors, further positioning the Company for a future major market listing.
The use of quantum dots in displays is accelerating and QMC has recently signed development agreements with leading display device and component manufacturers seeking to integrate QMC’s revolutionary QDX TM quantum dots in their offerings. QDX allows display manufacturers to differentiate their products by enhancing display optics, increasing the color gamut and resolution while reducing overall manufacturing cost.
About Quantum Materials Corp
Quantum Materials Corp develops and manufactures Quantum Dots and nanomaterials for use in medical, display, solar energy and lighting applications through its patented volume production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to drive innovative discovery to commercial success. Quantum Materials Corp technology continues to move the future of quantum dots to the present. Quantum Materials' products are the foundation for technologically superior, energy efficient and environmentally sound LCD UHD displays, the next generation of solid-state lighting, solar photovoltaic power applications, advanced battery and energy storage solutions, biotech imaging, and biomedical theranostics. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology.
For more information follow Quantum Materials Corp at www.QMCDOTS.com and on LinkedIn and Twitter.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's EDGAR System at http://www.sec.gov/ or www.QMCdots.com. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
Director of Marketing
Senior Director of Business Development for Asia/Pacific
Clay Chase /SD Torrey Hills Capital