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Actionable news in QTWW: Quantum Fuel Systems Technologies Worldwide, Inc.,

The Audit Committee and management have discussed the matters disclosed in this Item

Additional Information on Restatement

During the closing process for its third quarter of 2015, the Company's personnel determined that errors occurred in the accounting for inventory that resulted from clerical errors originating in connection with physical inventory counts and valuation procedures performed as of June 30, 2015.

The restatement will correct the identified errors and will result in an approximate $836,000 decrease to the...