QuantumSphere, Inc. announced that on April 25, 2016, Marc H. Goroff, Steven S. Myers, Robert S. Venable and Jeffery W. palmer, resigned from the Board of Directors of the company, effective immediately. Messrs. Goroff, Myers, Venable and Palmer have formally agreed to act as non-director advisors to the company going
forward. Kevin D. Maloney and Francis C. Poli, its lead director, will continue to serve as directors of the company going forward. Further, Frank Poli will chair each of the board committees.
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. 
