QuoteMedia Inc (QMCI)

[bobbo5]

I was in a meeting during the conference call. Can anyone report?

[bobbo5]

Didn't quite meet my optimistic guess but not a bad quarter and the future continues to look bright.

[bobbo5]

Mistype, EBITDA 735K

[bobbo5]

I look forward to earnings tomorrow. My optimistic guess is 362k net income with EBITDA 935k.

[reaper247]

NYSE: BMO public market value is $61,313,163,837.

So once again, QMCI lands one of the biggest financial firms in the world and the market is oblivious to the potential here.

QMCI clients Berkshire Hathaway, the NASDAQ, Etrade and Morgan Stanley haven't been enough to get the markets attention yet.

Thanks for sharing bobbo5.

GLTU/A, IMO and FWIW.

[bobbo5]

Another agreement signed with a large bank.

https://finance.yahoo.com/news/quotemedia-announces-agreement-bmo-investorline-120000180.html

PHOENIX, Nov. 03, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced a multi-year...

[aaab]

Reaper - Your numbers are sound! And I agree that you would think that there should be little downside risk to buying at these levels. I don't think the recent selling had anything to do with QuoteMedia. Sometimes people have to raise cash and stocks like QMCI suffer.

On a different note - I don't know who sucks more, my broker or the exchange that QMCI trades on. I've had a GTC order in since Monday that has yet to show up on level II.

Done ranting.

Good luck to everyone. We Will Be Rewarded!!!!

[reaper247]

I agree bobbo,

Would much rather see this stay a public company and realize its full potential, rather than getting bought out and taken private.

Who knows what QMCI would look like if its full potential was eventually realized.

GLTU, IMO and FWIW.

[ernie44]

aaab has the answer-- time waits for no man------the train has left te station

buy on the dips

[bobbo5]

Look back to February March of 2021 we had a day that over 3 or 4 million shares traded.

[bobbo5]

While I completely agree DS gets to call the shots and could sell the company at his price, I've always thought the structure of the company's slow growth with recurring revenue could make for a great dividend stock in the future. I know it's wishful thinking but who knows

[Prinz18]

A huge block of more than 500.000 shares changed hands today (highest volume ever?). Yesterdays price of $.125 could have been the bottom.

[reaper247]

Just a little QMCI history here for anyone new.

David Shworan is the CEO and co-founder of bravenet.com, as well as quotemedia.com.

Bravenet.com was one of the largest data tools and webhosting companies in the world on par with godaddy.com in 2018.





Many years ago quotemedia was spun-off into a public company with the financial data tools developed by bravenet.

As CEO of both companies, he decided to increase the potential public valuation of the public company, at the expense of his own private company.

The roughly $1,150,000 due to bravenet from quotemedia for intellectual property was completely forgiven without any conditions, conversion rights or dilution.

Back in the day, up until somewhere in 2018/19, quotemedia was providing market data to FINRA.

Yes, that FINRA.

In 2019, otcbb.com and pinksheets.com were joined to form the new OTCmarkets.com and FINRA no longer needed QMCI market data.

Since that time, QMCI has continued to grow by adding clients and revenue.

As I have stated before, some of these clients include Berkshire-Hathaway, Etrade, Morgan Stanley and the NASDAQ.

GLTA, IMO and FWIW.

[reaper247]

Here is the thing for me with QMCI.

quotemedia annual revenue is going to land around $17M for 2022.

The current public market value is only $13M.

QMCI is so undervalued.

A realistic real world buyout of QMCI from a private company, would probably look like a 3x revenue buyout price.

$17M x 3 = $51M valuation. That would be .56 per share.

If QMCI stays public, continues modest growth and eventually gets the attention it deserves, it could easily see a public market valuation of 10x revenue.

A relatively conservative public market cap of $170M, would be around $1.85 per share.

I believe that is being realistic here, especially when looking at the market caps of some of the other OTC stocks being touted.

Either way, buying this dip is a good grab without much down side.

Its only a question of how much time people have to see how it goes.

Just my thoughts.

GLTU on however you decide to play it.

IMO and FWIW.

[aaab]

I needed more shares like I needed another hole in my head, but I just couldn't help myself.
I've been watching other QMCI boards and I tend to agree with what a few posters are saying. A few are calling QuoteMedia a takeover play. While "takeover" isn't the right word to use, I agree that shareholders will most likely not be rewarded until the company is sold. It's obvious that DS doesn't care about share price. He practically said so on the recent podcast interview. With the amount of shares he owns it would be impossible for a competitor, or investor, to buy enough shares to force a cheap sale.

I believe the current plan is to keep growing the company, piss off as many competitors as they can, then let a pissed off competitor buy them.

It's just a matter of time. The question is, how much time?

[ernie44]

QMCI in demand---in a tight market

[reaper247]

QMCI client Berkshire Hathaway NYSE: BRK/A, BRK/B, continues to provide quotemedia market data to Etrade and Morgan Stanley, along with many others through businesswire.com.





QMCI testimonials include everyone from the NASDAQ to Timothy Sykes.

IMO and FWIW.

[reaper247]

Just checking in on QMCI. GLTA. EOM.

[bobbo5]

According to the new interview it sounds like DS is in talks with two other large banks. Slow and steady growth...

[bobbo5]

Here's a great new interview of CEO

[aaab]

The 10 minute 2'nd quarter conference call has been posted to the website.

[bobbo5]

Respectable, yet I was hoping for numbers to be a little better. Did anyone listen to conference call? I'm waiting for the replay, I was stuck in meetings all day.

[aaab]

Extremely conservative revenue projections

[aaab]

10 - Q is out

[bobbo5]

Bought more at .19, I sure hope there's no negative surprises.

[aaab]

If you're the kind of person who believes the glass is half full rather than half empty you have to also believe that this is an incredible buying opportunity!

[reaper247]

I am thinking that the piles of money they made last quarter are so high that they keep toppling over while they are trying to count it all.

Guess we just have to wait and see.

GLTU, IMO and FWIW.

[bobbo5]

Revenue growing so fast they're having a hard time counting it (wishful thinking). Hopefully the delayed quarterly results isn't a bad sign...

[reaper247]

I agree bobbo, not sure why the market isn't interested in QMCI yet.

I suppose when you already have clients like e-trade, Morgan Stanley and Berkshire Hathaway, the market doesn't respond to new clients that aren't as well known.

Someday.

In the meantime enjoy the weekend.

GLTA, IMO and FWIW.

[aaab]

See #1695

[bobbo5]

It's mind blowing to me this profitable growing company has stagnant share price and volume as they announce new contacts. But I guess it has been this way for the last 10-15 years. Thoughts?

[bobbo5]

More good news. Will share price rise or fall?
https://finance.yahoo.com/news/thestreet-partners-quotemedia-advance-stock-133000613.html

PHOENIX, July 20, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announces today that t...

[reaper247]

Just checking in on QMCI. GLTA.. EOM.

[aaab]

Once again, interesting comments from Robert J. Thompson, Chairman of the Board. As part of the earnings release he said "We continued to increase our market share, developed important relationships with client and partners, created new innovative product and service offerings, and we are continuing to explore other opportunities to grow the company".

[reaper247]

Thanks for sharing aaab, GLTA. EOM.

[aaab]

1'st Quarter Conference Call has been posted to the QMCI website.

[bobbo5]

More good news and continued decline in share price. I guess we just keep buying

[aaab]

QMCI Signs Another Deal! QMCI announced today that they have signed a deal with The Motley Fool.

[bobbo5]

10Q looks good....
.
.
.
And zero volume. I will never understand this stock.

[aaab]

Q1 Financial Results and Investors Conference Call May 13'th.
Conference call 2:00 PM Eastern time.
ID: QUOTEMEDIA

Should be all good, except maybe margins (which aren't crucial at this point in time).

[reaper247]

Good to see ya supervalue,

I am just gonna hold QMCI at these levels.

Congrats to those who have been able to take some profits.

GLTA, IMO and FWIW.

[aaab]

It's pretty bad when the company you pay to say good things about your company is single handily responsible for blowing up your companies stock rally!
See recent news below.

[bobbo5]

This PR statement is rather vague but providing service to hundreds of thousands of the banks customers could potentially be doubling Quotemedia's revenue... Unfortunately disappointment usually follows my optimism.

[supervalue]

Thirty cents new high congratulations ??

[aaab]

QMCI Signs Another Large Agreement!!!
QMCI announced today that they have signed an agreement with one of Canada's largest banks.

[ernie44]

my brother said qmci was over 3 bucks --once

[reaper247]

QMCI had a solid week GOLDBUFFALO,

Lets see if the trend continues.

Have a good week everyone.

IMO and FWIW.

[GOLDBUFFALO]

things are picking up! Including my account

[bobbo5]

I am hoping we leave the .20-.30 range for good after first quarter earnings report. I'd love to see a dollar by year end.

[aaab]

bobbo5 - I would like to think that would be quite a safe bet.........................but I've been wrong before!
I don't understand why there are sellers at this price. Things look better now than ever before. Maybe sellers need cash for margin calls.