QuoteMedia Inc (QMCI)

[reaper247]

Duhh? What?

This was your claim.

I think they are still making money off their IPO which was in the multi dollar range 20 yrs ago

Once again, I will correct you. There was no quotemedia IPO.

quotemedia became a public company via Reverse Merger with an existing public company and a private placement with an accredited investor almost 20 years ago.

I don’t even know what your new definition of IPO means. For traders, IPO means Initial Public Offering.

What do you mean by this?

insider set-up P.O.

I think the appropriate acronym for what happened almost 20 years ago, is PIPE (Private Investment in Public Equity.)

It is certainly not “IPO” as you have falsely claimed and quotemedia has received no revenue from dilution in several years, since there hasn’t been any.

Not even sure why anyone would consider it relevant to any current debate on the future of QMCI.

Whatever dilutive effect QMCI has had in almost 20 years as a public company is irrelevant. There has been no dilution here in recent years and SEC filings show claims to the contrary to be nonsense.

QMCI has a float of around 42M shares after being a public company for almost two decades, without any reverse splits or actions that would have a negative impact on shareholders.

That is practically unheard of when even discussing NYSE and NASDAQ listed companies.

The false claims of dilution and/or manipulation by the company can easily be described as nonsense when looking at verifiable facts.

Hope that helps…

GLTU, IMO and FWIW.