Quad M Solutions Inc (MMMM)

[Eurotradr]

And no webinar today to explain the constant dilution.

[mrdrifter]

$MMMM Outstanding Shares
177,712,607
10/17/2022

+674,958

[mrdrifter]

+500K

Outstanding Shares
177,037,649
10/14/2022

[mrdrifter]

176,537,649 10/14/2022 +500K

[Baxy]

Great close at HOD today. Gotta keep the momo on this one and it will fly. Trades upwards really easy

[mrdrifter]

OS 176,037,649

+ 1,034,670

[Investorr]

Plus, add in the payroll revenues at $6 per check multiplied by 120k+ people multiplied by paychecks issued every 2 weeks and you’ve got jaw dropping profits rolling in next year!

[Baxy]

Agreed. I'm thinking the same. Double existing lives and triple current revenue is very realistic during the open enrollment period

[Baxy]

Agreed. I'm thinking the same. Double existing lives and triple current revenue is very realistic during the open enrollment period

[Investorr]

Sign up period is starting soon. I’m expecting massive sign ups and a good chance they double or triple their monthly revenues during this period. This thing will take off sooner or later!

[imanjen13]

The CEO has buried many with a list of companies he lead and were touted by the Birdman. Too bad they closed Alcatraz. He had to move to Thailand.

[snakess]

the only winners in this garbage are the convert lenders. there remains pages upon pages of converts and preferred that have not converted into common. i would venture to guess that next Q shows 200,000,000 shares outstanding. i first got involved when they just completed a RS leaving only 1 million shares-last report 166,000,000 shares outstanding
they may show a profit,but the converts,preferred and management only benefit
run as fast as you can from this garbage

[cheusmann]

About gahhhdamn time. Let's roll.

[Tokugawa]

..."I think the shorts will cover in days to .44"

The shorts will cover at zero. They wait till these sorts of names just die away. That birdman is back touting it means he is now getting short, or has been selling a long, or otherwise doing something for which he is famous. Following him is a way to go broke. PRED, PRTS for example.

[Investorr]

https://microcapdaily.com/quad-m-solutions-inc-otcmkts-mmmm-big-move-northbound-as-staffing-co-gets-noticed-by-speculators/

[falcon21]

i think the shorts will cover to .44 in days

[Eurotradr]

I would love to see .30 near term. Bring it on!

[falcon21]

im out at.30

[imanjen13]

Based on his history, not a bad idea. I loved you in Osark.

[Marty Byrd]

That probably means we should sell soon!

[imanjen13]

Birdman is back in this stock. That may account for the tweets. Good luck.

[Eurotradr]

Stockwits and others seeing a similar $GTII and $FNGR run. https://stocktwits.com/yankeeipo/message/488257398

[Eurotradr]

Take a look now. 175,002,979 and growing.
https://www.otcmarkets.com/stock/MMMM/security

[Baxy]

https://finance.yahoo.com/news/quad-m-solutions-announces-appointment-125200367.html

[mrdrifter]

175M OS +8.4M

[Baxy]

Webinar audio https://voca.ro/15DC0OTSvOW1

[GeorgioD]

Cool, thanks for letting us know since everyone was wondering. Gtfo.

[imanjen13]

Big roadshow event tomorrow. Volume pickup for front runners who hope he will say something meaningful. I'll still pass.

[Retire43]

Me too!

[Investorr]

Not really. The convertibles are done. It’s the last of the warrants that are converting. Should Almost be done. ??

[Retire43]

That’s going to hurt for a long time!

[Baxy]

so far no change

[Eurotradr]

And here come more dilution.

[imanjen13]

Apparently the debt instruments are being converted to common which would account for the increase in the OS. The debtors probably are feeding it out in stock sales causing the price decline. This is troubling since they must know more than the average (bag)holder. Lots of luck. I'll pass.

[trding]

It is from the convertible debt from last August I suspect which came due last month.

On or about August 4, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $660,000, together with interest at the rate of 8% per annum, with a maturity date of August 4, 2022. During the period ended December 31, 2021, $13,308 of regular interest and $166,356 of debt discount was expensed. On or about August 10, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $150,000, together with interest at the rate of 8% per annum, with a maturity date of August 10, 2022. During the period ended December 31, 2021, $3,024.66 of regular interest and $37,498.63 of debt discount was expensed. On or about August 13, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $137,500, together with interest at the rate of 8% per annum, with a maturity date of August 13, 2022. During the period ended December 31, 2021, $2,811 of regular interest, $30,499 of debt discount and $4,159 of derivative liability discount was expensed. On or about August 20, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $50,000, together with interest at the rate of 8% per annum, with a maturity date of August 20, 2022. During the period ended December31, 2021, $1,008 of regular interest, $8,241 of debt discount and $4,362 of derivative liability discount was expensed. On or about September 20, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $110,000, together with interest at the rate of 8% per annum, with a maturity date of September 20, 2022


On or about November 4, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $25,000, together with interest at the rate of 8% per annum, with a maturity date of November 4, 2022. During the period ended December 31, 2021, $312 of regular interest and $3,904 of debt discount was expensed. On or about November 4, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $50,000, together with interest at the rate of 8% per annum, with a maturity date of November 4, 2022. During the period ended December 31, 2021, $624 of regular interest and $7,808 of debt discount was expensed. On or about November 4, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $25,000, together with interest at the rate of 8% per annum, with a maturity date of November 4, 2022. During the period ended December 31, 2021, $312 of regular interest and $4,318 of debt discount was expensed. On or about November 4, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $50,000, together with interest at the rate of 8% per annum, with a maturity date of November 4, 2022. During the period ended December 31, 2021, $624 of regular interest and $8,636 of debt discount was expensed. On or about November 9, 2021, the Company issued a convertible promissory note to an institutional investor for the principal sum of $220,000, together with interest at the rate of 8% per annum, with a maturity date of November 9, 2022. During the period ended December 31, 2021, $2,542 of regular interest and $27,405 of debt discount, and $3,937 in derivative liability discount was expensed. On or about April 29, 2019, the Company issued a convertible promissory note to another institutional investor for the principal sum of $66,000, together with interest at the rate of 12% per annum, with a maturity date of April 29, 2020. During the period ended September 30, 2021, $3,993 of regular interest, was expensed. During the period ended December 31, 2021, $3,993 of regular interest was expensed.




.

[Retire43]

Just look at ABML : Doug Cole

[imanjen13]

As the Bard once said., something is rotten in Denmark.

[mrdrifter]

+935K

Outstanding Shares
167,578,573
08/24/2022

[GeorgioD]

$MMMM
Two new BOD members from Nasdaq company and Doug Cole stepping down:

https://newsfilter.io/a/66581b24b58b2df645d6f22ddb50c662

[Investorr]

Yes. Again, that’s $5 million from receivables coming into the cash account. I think we are all saying the exact same thing.

[nsomniyak]

There will be cash flow to the balance sheet but the revenue has already been recorded.

The transaction will be to debit A/R and credit cash on the balance sheet - collecting a receivable does not hit the income statement.

[Traderfan]

If the receivables are on the balance sheet already, there is no increase in revenue/decrease in expense.

Apparently he doesn't understand that.

[Traderfan]

Yes they haven't gotten the money yet but they have booked the revenues. These are not future revenues as you implied.

[Investorr]

Yes, correct. $5 million straight to cash balance once collected.

[Investorr]

Ya, I don’t think you understand. Something very basic. Accounts receivable are the funds that customers owe your company for products. They haven’t got that money yet.

[Traderfan]

Somehow I get the impression you don‘t understand what accounts receivables are.

[Marty Byrd]

If the receivables are on the balance sheet already, there is no increase in revenue/decrease in expense. Just an increase in cash when collected. Basic accounting.

[Investorr]

Yes. Receivables got pushed to July. So that will get booked in 3Rd quarter. Add in the $5m in receivables and this quarter is 5 cents per share.

[Retire43]

Wasn’t previous quarter numbers
0.17/share?

[imanjen13]

Hmmm. Looks a little fishy. Why is the stock falling apart if the news is so good.