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Re: TedJ post# 31706

Friday, 10/31/2014 3:23:04 PM

Friday, October 31, 2014 3:23:04 PM

Post# of 104561
Metastat Sells 4,800,000 shares of QTMM.
Per Ted's post, on June 30, 2014, Metastat received 4,800,000 shares of QTMM from an investor in lieu of $1,000,000. Per this 8-K filing from Metastat: http://archive.fast-edgar.com//20141030/AFK2K22CK222M2Z3222G2MZZMBBIA2X2Z262/ it looks like Metastat sold all the shares given to them by the unnamed investor and the total value exceeded the $1M he had committed to investing. So, between June 30 and today, Metastat sold out all the shares and got an average price of .267/share.

That might help to explain some of the drop in share price over the last 4 months. I calculate about 38m shares traded. That's 12% of the volume just from Metastat getting out of the shares given to them.

I do not believe Metastat has any interest in QDs.
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