US Quantum Solar Power signs consulting contract with German Advantag
Jul 21, 2011 - US-based solar power technology firm Quantum Solar Power (OTC:QSPW) entered into a consulting agreement with German consultancy company Advantag Aktiengeselischaft this week.
The companies agreed that Advantag will help Quantum prepare and file a listing application with the Frankfurt Stock Exchange.
The German firm will prepare the prospectus, file it with the Federal Financial Authority (BaFin), prepare the public notice, secure a lead broker and coordinate the listing application. For this it will receive EUR 18,000 (USD 26,000).
Quantum's CEO Daryl Ehrmantraut said that, as Germany is a worldwide leader in the field of solar energy installations, being present there will be an excellent opportunity for the firm for investment, strategic partnerships, manufacturing and distribution relationships.