SANTA ANA, CA / ACCESSWIRE / June 21, 2017 / QuantumSphere, Inc. (OTC PINK: QSIM), a developer and manufacturer of advanced catalyst materials designed to increase process efficiencies and production output in commercial-scale chemical plants, today issued a business update to its shareholders.
The Company is committed to working with investment bankers to vet and finance potential deals brought to the table. QuantumSphere is looking to maximize shareholder value in the near term while remaining committed to working with its industry leading partners to leverage the Company's patented technology in order to drive commercialization in the chemicals sector.
About QuantumSphere, Inc.
QuantumSphere, Inc. (OTC PINK: QSIM), is a developer and manufacturer of advanced catalyst materials used in the production of industrial chemicals. The company recently executed an MOU with Vivakor, Inc. (VIVK) to purchase certain manufacturing assets and chemical related patents with royalty payments, upon successful commercialization. The Company is committed to maximizing shareholder value and has had preliminary discussions with multiple parties that have expressed an interest in additional financing, being acquired, or merging into the existing operating Company. The Company is based in Santa Ana, California and its common stock is quoted on the OTC Markets under the ticker symbol QSIM. For more information, visit www.qsinano.com.
Contact Information
Stephen Hart, Hayden IR
[email protected]
917-658-7878
Safe Harbor Statement
All statements included or incorporated by reference in this News Release, other than statements or characterizations of historical fact, are "forward-looking statements." Examples of forward-looking statements include, but are not limited to, statements concerning projected sales, costs, expenses and gross margins; our accounting estimates, assumptions and judgments; the prospective demand for our products; the projected growth in our industry; the competitive nature of and anticipated growth in our industry; and our prospective needs for, and the availability of, additional capital. These forward-looking statements are based on our current expectations, estimates, approximations and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by such words as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions and variations or negatives of these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors, some of which are set forth in the "Risk Factors" section of our Report on Form 10-K for the year ended June 30, 2016 filed on October 13, 2016 and updated on our Quarterly Reports on Form 10-Q for the quarterly periods ended September 30, 2016, December 31, 2016, and March 31, 2017, which could cause our financial results, including our net income or loss or growth in net income or loss to differ materially from prior results, which in turn could, among other things, cause the price of our common stock to fluctuate substantially. These forward-looking statements speak only as of the date of this News Release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.
SOURCE: QuantumSphere, Inc.