AI
Tuesday, October 25, 2016 1:35:34 AM
QMCI stats.
quotemedia is an OTCQB stock.
They have had no dilution.
They have no toxic debt.
They have no convertible debentures. QMCI officers and insiders hold controlling interest through common shares, rather than super preferred shares like many OTC companies.
They have no preferred shares issued or outstanding.
Current market capitalization of around $5,000,000 @ a PPS of $.055.
Annual revenue of around $9,000,000 fiscal year ending December 2015.
QMCI CEO, Dave Shworan is also the co-founder and CEO of the private company bravenet.com.
Bravent.com is one of the largest web tools and webhosting companies in the world with 15 million users.
Bravenet.com has more users than a rival company called godaddy.com (NYSE: GDDY,) that currently has 13 million users.
Most long term liabilities are due to QMCI officers or to bravenet.com, per 10-K filed March 31 2015.
“…The Company has a loan agreement with Bravenet Web Services, Inc. (“Bravenet”). The President and Chief Executive Officer of QuoteMedia, Ltd…
…On September 29, 2006, QuoteMedia, Ltd. purchased the Bravenet business unit that was responsible for providing the Company customer promotion and lead generation services…
…Bravenet provides computer hosting and maintenance services to the Company for approximately $6,250 per month. At December 31, 2014, the balance due to Bravenet for unpaid computer hosting and maintenance services is $43,579. This amount includes interest accrued at 10%. …”
QMCI provides market data to the NASDAQ through nasdaq.com, along with providing data to the TMX exchange.
IMO and FWIW.
quotemedia is an OTCQB stock.
They have had no dilution.
They have no toxic debt.
They have no convertible debentures. QMCI officers and insiders hold controlling interest through common shares, rather than super preferred shares like many OTC companies.
They have no preferred shares issued or outstanding.
Current market capitalization of around $5,000,000 @ a PPS of $.055.
Annual revenue of around $9,000,000 fiscal year ending December 2015.
QMCI CEO, Dave Shworan is also the co-founder and CEO of the private company bravenet.com.
Bravent.com is one of the largest web tools and webhosting companies in the world with 15 million users.
Bravenet.com has more users than a rival company called godaddy.com (NYSE: GDDY,) that currently has 13 million users.
Most long term liabilities are due to QMCI officers or to bravenet.com, per 10-K filed March 31 2015.
“…The Company has a loan agreement with Bravenet Web Services, Inc. (“Bravenet”). The President and Chief Executive Officer of QuoteMedia, Ltd…
…On September 29, 2006, QuoteMedia, Ltd. purchased the Bravenet business unit that was responsible for providing the Company customer promotion and lead generation services…
…Bravenet provides computer hosting and maintenance services to the Company for approximately $6,250 per month. At December 31, 2014, the balance due to Bravenet for unpaid computer hosting and maintenance services is $43,579. This amount includes interest accrued at 10%. …”
QMCI provides market data to the NASDAQ through nasdaq.com, along with providing data to the TMX exchange.
IMO and FWIW.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
