QDM International Inc. (QDMI)

[Renee]

QDMI: 10 for one forward split;

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[standintall]

OMG! I just looked at the company's 10K. Over $1 million in revenues, almost $2 million in net assets and $.12 per share in actual earnings. Didn't see that coming.
https://www.sec.gov/Archives/edgar/data/1094032/000121390023053025/f10k2023_qdminternational.htm

[Renee]

QDMI one for 30 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[today32]

1/30 Reverse Split hit the FINRA daily list today: https://otce.finra.org/otce/dailyList

[today32]

I was referring to the previous reverse split in May of 2020 that was 1 for 100. This is a new one, 1 for 30.

[standintall]

I think this is the same one as filed a little while ago..

[today32]

Another reverse split coming, 1 for 30 this time: https://www.otcmarkets.com/filing/html?id=15168036&guid=1N81knmv0ERBCth

[Homebrew]

This junk's not financially qualified for NASDAQ, regardless of stock price.

[standintall]

What kind of f**king boneheaded move is this second reverse split. This won't help them get listed on NASDAQ.. it will guarantee they'll never get listed. In fact, it will guarantee they'll never get support for the stock. Run.. don't walk away from this looser.

[standintall]

That's a cup-half-empty perspective. One could also say that from 1998 through 2015 the company did grow and even profited and did so without unreasonably diluting the shareholders, something as rare as hen's teeth in the OTC markets. When that business began to suffer and when management was unable despite a number of attempts to grow it in a meaningful way, it changed directions to try create more value for the shareholders, again without massive dilution. When that didn't prove viable, the same management that started it, kept working to find a way to give the shareholders as much value as possible.. and much of it was done without real compensation for management. The easy thing to do.. the thing most OTC companies do is walk away and let it die.. if not diluting it again and again with false promises. That's not what happened here.
Now the company is under new control and management. I checked the bio on this guy and at least he looks credible. It's also obvious, he's not a phony pump and dump artist because there have been no press releases.. no promotions at all. I expect it's because he's in the process of putting the deal he envisioned when he invested in this company together.
While this stock didn't turn out to be the next microsoft or apple computer, there have been enough ups and downs to provide provide for wise traders. Personally, I'm looking forward to seeing what this new guy has to offer us. I will proceed cautiously, of course, but I will proceed with the knowledge that historically, as far as I can remember, this company has never tried to mislead or betray the shareholders and I have no reason to believe this new iteration will be anything but a legit attempt to build something. Will it succeed?? Who the Hell knows... but I will wait to see what happens before I decide to walk away, run away or put some more chips on the table.

[blue ridge]

10Q in August 2020 indicates they intend to go into the insurance brokerage business. It started as a racing school. Then, tried to peddle telemedicine and now is apparently moving into insurance brokerage. Investors would have made more money with a lemonade stand! It is very disappointing.

[standintall]

That's what I was thinking too... To me, the thing I'm hanging my hat on so to speak, is that this guy looks like a serious business man with some expertise in the legitimate investment market... He also obviously isn't running to pump this without something happening first...
All told, I think when he does announce a move, it will be one of substance and worth investing in. At least that's my hope at this time.

[Big Brother]

I did a little bit of research on this, but I don't fully understand the exact relationship yet between QDM International Inc(US) and HeWu Investment, as it's all in Chinese, but they are very closely connected, with Huihe Zheng the President/CEO of both entities.

This would appear to be the direction of QDMI, from what I can tell.

QDM is a financial group investment limited company listed in the United States. It mainly provides financial planning, insurance planning, fund investment and foreign exchange services to high-net-worth clients.

http://www.hewufx.com/

https://baike.baidu.com/item/%E9%83%91%E6%81%A2%E5%92%8C/51032192?fr=aladdin

https://www.sohu.com/a/393767661_100301361?_trans_=000014_bdss_dklzxbpcgP3p:CP=

[standintall]

I'd like to think so. After all... it's hard to imagine someone would go to all the trouble and spend so much money for a trophy to put on a shelf and look at. I gotta think the new CEO is getting his ducks in a row and will let us all know when the time is right. Hope it's sooner rather than later.

[Renee]

Effective June 1,2020 TVMDD will change to QDMI:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Chaka]

200 millions A/S is not bad @ all...

Aside from the initial RS scenario of course..

Let's see how this plays out.

I gather @ least 3-6 months to really know what's going on here imo.

glta.

-Chaka

[texman]

Float is only 184,727
https://backend.otcmarkets.com/otcapi/company/financial-report/245880/content

[blue ridge]

It would be nice to have an idea about plans for the future now that the change in control has transpired.

[standintall]

Just read the 8K and here is the new main man. He's CEO, Chairman of the Board... Looks like he's a player anyway. Beyond that hard to say what he plans to do with it.

Huihe Zheng has more than twenty years of experience in investment and wealth management. Mr. Zheng has served as Chairman of Shanghai Dingchan Industrial Co., Ltd., which he founded in November 2013, a company primarily engaged in wholesale and distribution of computer equipment and components. Mr. Zheng has served as Chief Executive Officer and Chairman of Shanghai Hewu Investment Management Co., Ltd., an investment company, since he founded the company in January 2016. From 1999 to 2016, Mr. Zheng primarily focused on securities trading in stock markets in China and abroad. Mr. Zheng graduated from University of Southampton in 2019 with a bachelor’s degree in accounting and finance.

[Sibware]

TVMD: Correction cuz we have 4 clowns here per last filing

"The directors and officers of QDM are the same as the directors and officers of TVMD upon consummation of the Merger."

[standintall]

Which two clowns are you referring to? Looks like new players have taken over.
Anyone have any idea who they are or what this is becoming?

Guess I'll have to actually read the filings and do some DD.

[texman]

$470 gets us to 10.00 pps...

[Sibware]

TVMD:Yep Really stupid move but will keep by small amount of shares, in case intelligence is infused again in those 2 clowns

[Renee]

Effective May 5,2020 24/7 Kid Doc Inc. will change to QDM International Inc., and a one for 100 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[davidsson10]

1:100 R/S Tomorrow, 5/5/2020, per FINRA: https://otce.finra.org/otce/dailyList

TVMDD

Name will change to QDM Intl. Inc.

[Mr Rollup]

10k out

[Mr Rollup]

Loading some here

[Mr Rollup]

I’ll take some 015

[everton44]

this will never run with you here

[tchalla]

i suspect, news is coming next. the share structure is delightfully low and the merger in filings and lack of dilution and minor debt are a great combo for a big runner. tvmd is gonna surprise some folks once more people see the stats here.

[Sibware]

$TVMD:1-year Daily Chart shows .33 for DT==>

Let's begin to push that top bolly soon

[Sibware]

TVMD: Very possible with what we can see till now

[Sibware]

I'm very sarcasrtic sometimes,cuz anybody not having fun trading should quit...lol

[trading.jeff]

$TVMD has apparently been in churn mode for much of the afternoon after the earlier price/volume spike.

[tchalla]

this could be a nice merger that turns tvmd into one of those runners that move to .25-.50+

[trading.jeff]

I thought this was a serious post when I saw just the first line in the list of posts on the $TVMD landing page. I was wondering, "why this post after posting nice DD?" LOL

[Sibware]

TVMD:All crap and fake DD.Better sell cuz

I want more at a better price...lol

[BCNstocks]

Excellent find. Thank you for the DD!

TVMD: Some nice preffereds NON convertible also

[Sibware]

TVMD:CEO expert in wealth-management.Good-or-bad nowadys???Lol

[Sibware]

TVMD: Some nice preffereds NON convertible also

[Sibware]

$TVMD: New CEO coming Shanghai Hewu Investment==>



https://www.marketscreener.com/24-7-KID-DOC-INC-26499869/news/24-7-KID-DOC-INC-Changes-in-Control-or-Registrant-Change-in-Directors-or-Principal-Officers-fo-30158129/

[BCNstocks]

$TVMD excellent post! Boss owns 71M Common Shares. Merger filings hit today.

$TVMD: Well.The-Boss owns 71-million common shares Direct==>

[Sibware]

$TVMD: Well.The-Boss owns 71-million common shares Direct==>

[Sibware]

TVMD:No.The whole china-peeps are-buying shares...lol

[Sibware]

TVMD:Oh sheesh,more-DD showing a-ton of shares held-by-insiders

[tchalla]

so, the chinese are gonna pour into tvmd?

[Sibware]

$TVMD: From an Interesting form 3 lately:

Shen Huili
ROOM 707 SOHO T2 TIANSHAN PLAZA
CHANGNING DISTRICT
SHANGHAI, F4 200051

[trading.jeff]

Thank you.

[tchalla]

a 10 mil volume day will move tvmd to .05 and a couple of days like that back to back will cause it to hit .10+ imo on the merger filings and news to follow.

[tchalla]

i assume the new merger will be added to the 10k as well now. should be good for a run to .10 at least. tvmd doesn't have much if any debt at all now.