QuoteMedia Inc (QMCI)

[bobbo5]

10k is in. I'll have a little reading to do this evening.

[bobbo5]

Delayed... EOM

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[aaab]

No!

[aaab]

i don't think there is anything meaningful in the pipeline. Based on what DS said during the last call, and what the Chairman said in the earnings press release I would be surprised if any significant deals are signed before the end of the year. This void in signings seems strange! To me it looks like something that was close to being signed fell apart.

[bobbo5]

Earnings calls are always so positive and speak of potential large contracts. I've been very patient...

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[bobbo5]

It was a rather quiet uneventful January. Should we expect anything before earnings report?

[reaper247]

Happy New Year QMCI. EOM.

[aaab]

I am troubled by one sentence on page 16 of recently filed 10-Q.

[reaper247]

Thanks, bobbo,

I will check it out.

GLTU, IMO and FWIW.

[bobbo5]

Not the greatest interview but it's exposure.
https://www.fintech.tv/News/Detail/7692-quotemedia's-data-delivery-solutions

[reaper247]

Q3 looks pretty good. GLTA. EOM.

[bobbo5]

I sure like the Stirlingshire vision.
"We seek to fundamentally change the current Full-Service Broker-Dealer model so that other firms are forced to follow in our footsteps. Forcing other firms to treat their clients and staff better and align the interest of both more closely is what we are focused on daily. Our goal is to have 5,000 Licensed Reps on the platform by the beginning of 2028 and 5million Accredited Investors from around the globe actively investing and trading with Stirlingshire. Please join us in making the asset management model better for all parties involved."

[reaper247]

QuoteMedia Powers Stirlingshire Investments Trading Platform

PHOENIX, Oct. 16, 2023 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced an agreement with Stirlingshire Investments.

Stirlingshire is an exciting market disruptor with a groundbreaking Hybrid Broker-Dealer framework that brings together the most advantageous aspects of the Full-Service Broker-Dealer and Discount Broker-Dealer models, while removing their limitations. By utilizing technology, Stirlingshire is able to dramatically reduce overhead and liability, while tying compensation much closer to performance. The result? A revolutionized industry that is Better for Clients, Better for Advisors.

Pursuant to the agreement QuoteMedia will be incorporating Quotestream® Trader, QuoteMedia’s streaming data application complete with trade integration, into Stirlingshire’s innovative trading platform. This allows Stirlingshire’s network of broker representatives and their retail clients to access real time market data, as well as comprehensive news, research, charting and analysis as part of their trading experience.

“Stirlingshire is dedicated to innovation, and QuoteMedia’s leading edge offerings are a perfect fit with our goals,” said Steven Woods, Stirlingshire’s Founder & CEO. “Our clientele quite justifiably expects best-in-class products and services from us, and the platform is receiving rave reviews. QuoteMedia's applications and delivery technologies provide up-to-the-second market data and research information, and ensure our correspondent brokers and their customers are able to identify and capitalize on great investment opportunities.”

The partnership is a significant opportunity for QuoteMedia as well, according to QuoteMedia, Ltd. CEO Dave Shworan.

“Stirlingshire’s approach is truly innovative, and they are enjoying tremendous early success and growth,” said Shworan. “We are thrilled that they have chosen to incorporate our data and technology solutions, and that we can join them as they revolutionize the brokerage and investment industry. We look forward to a long and exciting partnership.”

[reaper247]

Thanks bobbo, I hadnt seen that until you pointed it out.

At a glance, it looks like they cater to Accredited Investors only.

https://www.stirlingshire.com/

We shall see.

Thanks again for posting it here.

GLTU, IMO and FWIW.

[bobbo5]

Stirlingshire, Quotemedia agreement. Any thoughts?

[Involuntary-Recluse]

Unless this play gets sold, RS, and then listed on the Nasdaq, you will be watching paint dry for another 10 years imho

[ernie44]

most stocks are down, because interest rates and bonds are rising...............

think thats bad for stocks

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[aaab]

See my post #1782
There was nothing on either the bid or ask side of level 2 showing a block of that size available

[bobbo5]

Edit: Trade of 850k shares today. Interesting... Hopefully some upwards movement next week.

[bobbo5]

Taste of 850k shares today. Interesting...

[aaab]

I think the folks at Noble Capital Markets said it best:
"A Decent Performance, But We Were Hoping For A Little Bit More".

At least the P/E has been cut in half.

Conference call has been attached to the website.

[bobbo5]

Yeah, slow and steady has been the course since I found QMCI some 15 or more years ago. I too am curious about the new big shareholder. Time will tell...

[reaper247]

Another solid quarter for QMCI.

Did a quick glance at the 10Q but didn't listen to the CC.

Solid growth, no dilution, no drama.

Slow and steady for now.

Cant help but wonder about our recent 8% owner though.

GLTA, IMO and FWIW.

[bobbo5]

Any thoughts on latest 10Q or conference call? Once again I wasn't able to listen to conference call. I'll listen after it's posted on Quotemedia website.

[reaper247]

Thanks aaab, I was noticing that as well.



I dont follow the day to day bid/ask action, but it looks like it is holding this range.

Its been a long time coming.

GLTU, IMO and FWIW.

[aaab]

Looks like .30 is the new .25
Buy orders for 100,000 + shares @ .3000 and up.

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[supervalue]

Fifty cents real soon !!!

[aaab]

Maybe Just Maybe...............It's Happening

52 week High, Large Transactions.

[reaper247]

Somebody is installing a new QMCI floor at .25.



Its nice to see that support there. It takes some risk off the table for those who might wanna buy here.

GLTU, IMO and FWIW.

[bobbo5]

Nice little bump at the end of day today though. Hopefully news of bigger contacts to come.

[reaper247]

The markets weren't open today ernie,

Gosh.

LOL.

[ernie44]

QMCI was trading '''funny'' today

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[aaab]

bobbo: I would vote for a $1.00 per share offer. If I remember right during the 4'th qtr 2022 conference call DS said they were busier than ever and sending out replies to bid requests almost every day. Signing a few more big deals soon would make $1.00 per share, or more, a very real possibility.

[bobbo5]

I agree about the 7% owner, Michael H. Giles with Harland Group. It looks as though he owns Fintech companies and has been involved in this business for quite some time. Whether he's looking to buy Quotemedia or just sees the good investment only time will tell. If it's a buyout, I really hope we don't see under $1.00 a share.

[aaab]

Conference call has been posted to the QMCI website.

[aaab]

The call was very low key. No surprises. The usual talk of a brighter future that just seems to never get here. Only one question asked.
I'm convinced the most interesting thing about the future is the owner of ~7% of the company!

[bobbo5]

Over a million shares just traded. Hopefully a sign for good things to come.

[bobbo5]

Did you catch the earnings call on Monday? I'm waiting for the replay to show up on their website.

[aaab]

11%???????
Not the number I was expecting! see what they have to say Monday.

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[reaper247]

Thanks for the update aaab.

I think the 13d is filed by the shareholder, so the company doesn't need to include it in the 10K.

We have a whale here for several years that is/was holding around 8-9M shares if I remember correctly and those were never listed in the previous 10Ks either.

He accumulated them over several years, not in two big blocks on a single day.

Wait and see I guess.

Thanks again and GLTU.

IMO and FWIW.

[aaab]

Reaper and Bobo - nothing really new from the Q & A session. Usual questions, usual answers. Nothing was said about the huge white elephant in the room! Personally, I don't think anything will be said until after some kind of a LOI is signed. There is no way Mr. Giles spent that much to be a passive investor. On a side note, it seems the 13D in Dec may not have been necessary. There is no mention of any 5% shareholders in the annual.
Some of the highlights:
Margins should continue to improve to ~53%
2022 revenue didn't include much from 2'nd bank deal.
They are busier than they have ever been responding to requests for proposals.

[reaper247]

Hey there bobbo5, if there is a Q&A session on the conference call, maybe you could ask about Michael Giles, who spent $1,200,000 to grab some QMCI shares on the open market recently.

It would be interesting to know if Jack Dorsey, former CEO Twitter (FKA TWTR now owned by Elon Musk) and current CEO of Square NYSE:SQ, maintains any kind of working relationship with Michael Giles.

Something seems to be happening here with QMCI.

GLTA, IMO and FWIW.

[bobbo5]

No real surprise in the 10k. I'll be interested in what DS had to say on the conference call

[aaab]

See QuoteMedia.com for 2022 Annual Report.