Quantum Materials Corp. Auditor Raises 'Going Concern' Doubt

Quantum Materials Corp. is a nanotechnology company. The Company specializes in the design, development, production and supply of nanomaterials, including quantum dots (QDs), tetrapod quantum dots (TQDs) and other nanoparticles. Its nanomaterials are used for a range of applications in televisions, displays and other optoelectronics, photovoltaics, solid state lighting, life sciences, security ink, battery and sensor sectors of the market. QDs are semiconductor nanoparticles between 2 and 10 nanometers (a billionth of a meter) in diameter. QDs emit light (fluorescence) or electrons when excited with energy, such as light or electricity. A high performance variant of QDs is TQDs. TQDs have a molecular configuration consisting of a center portion and four arms extending from the center that are equally spaced in three dimensions. The Company's subsidiary, Solterra Renewable Technologies, Inc., is focused on the photovoltaic (solar cell) market.