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Personally, I see a parallel with the K&L case. If the TX court determines that K&L was in the wrong, what was the actual loss or harm to QMC. Obviously, like L2, QMC is looking for an award "disproportionate to the harm."
And while it has been speculated here that K&L advised L2 to pursue shares based on something privileged that was said at a board meeting, the Kansas ruling discusses how L2 regularly looked to get deeply discounted shares that they could sell at a profit. That's what they do. They didn't need that guidance from K&L.
Kansas case is in:
There are lots of articles, tweets, and lawsuits (Send Lawyers, Guns, and Money!) regarding the corruption or ethical problems with the U.K.'s purchasing during the pandemic. Innova has been hugely successful in the U.K. with a mediocre test that is being distributed by an ex-shoe salesman. Did he/they have political connections? (Some kind of connection. Why else would he/they get to be the distributor?) Is the test good enough? (I'll leave that to the biostatisticians.) Will QMC via HealthID benefit from that U.K. position? (Maybe at least with a licensing agreement.) How many years before an Innova quantitative QD based test gets to the market? What's the post-Covid market size? There are lots of unanswered questions including the biggie, "Is there something Pasaca could do with QMC that is good for them and bad for shareholders?"
I have posted lots of links to test data and articles. Look through my history and you will find a number of sources referring to the high level of false negatives. It has been been called useful for being a red light but less so as a green light. It's all about the message folks receive. A negative test means there is a ~50% chance you don't have the 'rona. A positive test is pretty certain. Small degree of false positives. But false positives just inconvenience people. A false negative mislead folks into thinking it is safe to ignore pandemic precautions.
I don't think the IOU's equate to current. Sometimes they even lead to lawsuits.
The problem with embellishing by holding up a measurement from the all-time low is that it tends to lead people to see how far down it is from the all-time high. And even if one were to choose to re-frame with a shorter term view, the share price is still down ~50% from the recent highs.
I'm pretty confident there is no long-time shareholder with a price basis for their holdings below 4 or 5 cents and would guess the composite average closer to a range of $0.06-$0.09. Thus, from a practical sense, the current price is a far cry from 500%.
LOL, except it has already been shown that
Falsehoods do not change by repeating them over and over.
Let's try this:
- Does Innova need anti-counterfeiting technology- Yes or No? If yes, is it possible they could have found QMC without the HealthID?
(The answer to this 2nd question is obviously yes. They could have learned about QMC and their QD tag/blockchain solution.)
- Did Innova learn about quantitative (versus qualitative) diagnostics tests from QMC- Yes or No? If yes, is it possible they could also have learned about them on their own- Yes or No?
(Again the answer to the 2nd question is yes, of course they could have and yes, they could have evaluated QMC as a supplier of raw materials.)
Therefore, even without the HealthID there could be... blah, blah, blah.
Simple! They are a supplier of QD's and have an anti-counterfeiting offering.
Again, this is not very complicated. Whether it happened this way or not, there is no reason or evidence to believe that "without the QMC HealthID there would be no" deal. Thus, a flawed assumption.
This is terrible logic. Proof why they would have been involved? Not necessary. And BTW, that link is not proof that "without the QMC HealthID there would be no..." blah, blah, blah.
QD's are currently used in diagnostic tests. As a "leader" in diagnostic testing it is reasonable to believe Innova is and was aware of that fact. Heck, we all know that! There is no evidence that QMC convinced Innova to pursue that technology and it is reasonable to conclude that Innova would pursue a next generation test using QD technology since it was a proven solution by a competitor in the market place. It would not take anything more than a quick Google search for them to determine where to source QD's in the U.S. In fact, their partners Xiamen in China were probably aware of that technology as well. So no, there is no reason to believe that without the HealthID, Innova wouldn't have contacted QMC regarding sourcing QD's, or that they wouldn't have a relationship, etc. It might be what actually happened but not the only path that gets to this point.
Maybe use " " next time so we wouldn't wonder* about the irrelevant decimal places.
* Yes. You forced me to highlight the text, right click, and "Search Google for" to confirm it was a quote and not a bad decision, LOL.
Lots of bad assumptions.
Android Play Store
QMC HealthID
Version 1.5.0
Updated Mar 18, 2021
Downloads 5+
Released on Mar 31, 2021
L2. K&L trial hasn't started.
I believe the assumption is that QMC is going to release the filings and get into compliance. The RS is to uplist, as in:
* $0.15 to $3.00 via 20:1, or
* $0.20 to $3.00 via 15:1, or
* $0.30 to $3.00 via 10:1.
(Or, something like that.)
Pasaca wants their shares on a better exchange, right?
Canada Will Require Using a Vaccine Passport For Entry
https://www.forbes.com/sites/suzannerowankelleher/2021/05/01/canada-will-require-a-vaccine-passport-for-entry/amp/?__twitter_impression=true
I'm surprised that all we got in Subsequent Events on QMVT was:
Sir, this is a Wendy's.
But the ravings must be countered, LOL!
Come on, man. That's just something a day trader says to hurt the share price, LOL.
You know how the logic works-
If the dog barks and it rains, then everytime the dog barks... rain is expected.