On January 20, 2017, Francis C. Poli voluntarily resigned from the board of directors of QuantumSphere, Inc., effective immediately. Mr. Poli served on the board of directors since October 2006. With his resignation, Mr. Poli also resigned from his role as chairman of the audit, compensation, governance and nominating, and strategic planning and operations committees. Kevin Maloney, chief executive officer and president, will assume the chairman role of the audit, compensation, governance and nominating, and strategic planning and operations committees. On January 20, 2017, Gregory L. Hrncir voluntarily resigned as chief strategy officer, general counsel and secretary of the company, effective immediately. Mr. Hrncir has served in various capacities with the company since November 2004.
QuantumSphere, Inc. (QSI) has developed a process to manufacture metallic nanopowders with end-use application focused on the chemical sector. The Company's principal activities include capital formation, research and development, and marketing of its metallic nanopowder products. The Company manufactures various metals, bi-metallic alloys and catalysts at the nanoscale, including iron, silver, copper, nickel and manganese. It offers custom dispersions and integrated catalytic solutions for the energy storage and chemical sectors, including nanoscale gold, palladium, aluminum and tin. The Company's products include QSI-Nano Iron, QSI-Nano Silver, QSI-Nano Copper, QSI-Nano Nickel and QSI-Nano Manganese. As of June 30, 2015, the Company had 16 gas phase condensation reactors, which it utilizes in the manufacture of nanocatalysts. With 16 reactors, the Company's capacity was approximately 300 kilograms per month at June 30, 2015.
QUANTUMSPHERE, INC. 