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Talk about yawn! After getting schooled in the realities of audit and state filings, the spam hypster is back to the same tired old broken spam hype.
Amtronic LLC?
Can't get even the most basic facts right but wants folks to believe his spam hype?
LMAO+++
There is nothing confusing about it if you stop trying to put words in my mouth that aren't there. I'll type slower so maybe you can follow along this time:
1) you can't amend your articles period if you're in default. NV wouldn't except the filing because it would be illegal to do so.
Follow?
2) Voting on an amending the articles is not amending the articles. It's voting to approve an amendment to the articles.
Follow?
3) There is no law preventing shareholders from voting when a company is in default, and I didn't claim there was. Voting is not the same thing as filing.
Follow?
So, here is what happened:
1) Shareholders approved an amendment to the articles to increase the A/S.
2) QMC made the necessary filing in NV to get themselves back in good standing.
3) Once in back in good standing the next day, QMC filed the amendment to the articles that was previously approved by the shareholders.
4) When the filing was accepted and file stamped by the State of Nevada, the A/S was thereby increased - all nice and legal.
Now that really wasn't that hard now was it.
What's odd is how something so simple is so hard for some people to grasp. Let me try one more time to educate you.
Every single thing in your post is false.
By definition, when a company goes into default, their AS can't change because you can't legally amend your articles of incorporation when you're in default.
QMC did not raise the AS when they were in default. That would have been illegal. If they tried, it would be invalid.
You're conflating and confusing the audit and the filing again.
This really is pretty simple stuff for most folks to understand. Not sure why it's such a struggle for you?
Yet again, you're conflating and confusing unrelated things. An audit is part of a 10-K, however it's not the 10-K, and Q's aren't audited, only reviewed. In neither case is your comment about what's on the top of a Q/K relevant to the audit. That has absolutely nothing to do with GAAP. Audits are GAAP. Filings are REG SX/SK.
QMC was revoked by the SEC for (i) not maintaining their good standing in NV and (ii) for not filing their required filings - they were NOT revoked because they didn't have an audit. You're confusing/conflating again. An audit may be required for a 10-K, but a 10-K isn't required for an audit.
This is another important distinction: default is not dissolved. Being in default wouldn't stop an auditor from verifying the A/S - for one thing a company can't legally change its articles of incorporation, and thus the A/S, when it's in default, so it would have to be whatever it was when they were last not in default, and NV doesn't even keep track of the O/S, so don't try blaming it on that either
A company doesn't vanish because it's in default. Obviously, a company doesn't actually stop doing business because it's in default. What happens is it loses the right to some corporate protections and the right to do things like file a lawsuit. A company in state default can get an audit opinion. Like I've explained several times, it's a disclosure item not a financial item.
Once again, you have it all wrong.
Why are simple facts and concepts so difficult for the marketing comedians and spam hypsters? When they clearly have zero knowledge of the relevant FACTS, there can only be one intention for their speculation --> deception.
Nevada nor any other state registration has ANY impact in the auditor giving an opinion on the fairness of the presentation of a company's financial results - neither does the SEC for that matter. A delinquent state registration - like an SEC revocation - have no bearing on the presentation of financial results other than perhaps a disclosure statement. They are administrative actions, so no, your previous comment and the next BOTH have absolutely nothing to do with the original comment which was about getting current - NOT revocation of the registration or defaulted of forfeited state registrations (which, if you haven't noticed, QMC has had a bunch of over the years).
Yes, but that has absolutely nothing to do with your previous comment. It may have been a reason for revocation, but it had nothing to do with their failure to get an audit opinion. It has absolutely nothing to do with their financial results. A minor disclosure at most.
Is it too much to as to stop conflating unrelated subjects?
An interesting thing about objectivity is that it requires knowledge and common sense to be meaningful.
One without either can be purely objective and yet always wrong.
How funny - yet again, an article posted without being fully read and digested.
That article isn't complementing Podesta on a $1M deal. It's highlighting that he has shady disclosure practices.
If you're going to make up reasons, they should at least be plausible, no?
Hired a top lobbyist? LMAO.
You mean the guy who is trying to claw his way back after a major scandal involving Ukraine?
He does have something in common with QMC - both have a history of not filing required reports. LMAO.
You like to speculate on things unnamed. It sure looks like he got a political pass by the federal prosecutors in NY after Mueller referred him for criminal investigation. I wonder if we'll see his name in the Durham probe sometime down the road...
LMAO+++
So, PV , exactly how much $$$ have you pulled out of your pocket to invest in QTMM? $0?
I've invested six figures. And you call me the fraud?
Put up or shut up Mr. $0.
That'd what I thought.
It is interesting, but I can't help but wonder why we can't ever get anything from this company that's not covered in gross, icky hair and slime. Tony Podesta? Really? At least it's timely with all the Ukrainian scandal in the works... and Ping Pong anyone? I think I need to go take a shower now. SMH.
Absolutely wrong - and in about every possible way.
That never was the FMV of the stock. That's simply a single aspect of an more complex off-market transaction. There was a public market for the stock at the time and trading in the stock for months after.
Also, it seems highly likely that there have been other off-market transactions since their registration was revoked. The simple fact is that there isn't any publicly available information to even estimate a FMV for a QMC share. To be fair, it could be a lot higher than that - or lower.
You are welcome.
You can't help but laugh at the spam hypster trying to duck and dodge his way out of another embarrassing spam hype post.
He still can't seem to grasp what made his post so funny and embarrassing for him is not what he he mentioned but rather what he didn't even notice - that QMC has been so written off by the analysists that they don't even bother to list them by name in advertisements to sell their reports. Obviously the analysists don't think anyone is interested in QMC.
Of course, if the spam hypster could grasp nuance and common sense, maybe he wouldn't be a 100% wrong spam hypster.
LMAO+++
That's what makes it so funny. ROTFLMAO.
"The poster."
3rd person spam hyping. That's a new one.
ROTFLMAO+++
It reminds me of when one of the chief promoters hyped a journal article that said the technology to make QDSC didn't exist.
The spam hypsters and promoters of this stock really should read, and at least try to comprehend, the material they post, BEFORE posting. It might save them a bunch of unnecessary embarrassment like this time.
LMAO+++
"and many more..."
No longer worth naming - that's the relevant FACT I accurately highlighted.
What's even funnier that that's the best the spam hypster has - spam hyping that QMC may be in some report.
So desperate to spam hype that he drives home the point that QMC isn't even worth naming. Now that's FUNNY!
LMAO+++
Funny how the spam hypster ignored this little fact from his own link - focusing instead on tired old spam hype...
Expecting spam hype every day.
Common sense is very clear and convincing. It says don't listen to the promoters and spam hypsters who have a track record of being wrong 100% of the time on this stock!
LMAO+++
What else would they say? SMH.
A bit of common sense would prevent a bunch of failed predictions. Sadly, common sense and spam hyping are diametrically opposed with this stock.
LMAO+++
Yawn. Reporting the same old broken spam hype over and over just makes it more and more obvious it's just spam hype. But sure, if fairy tales help you sleep better, continue to believe a cut-and-paste document that is so full of obvious errors that it's clear that neither party even bothered to read it before signing was ever intended to be a binding contract. SMH.
LMAO+++
And the same tired old, always wrong, spam hype keeps on flowing.
LMAO+++
One thing that has consistently been true of the promoters and spam hypsters of this stock is that they disingenuously equate the remotest possibilities with reasonable certainty. This is a big part of the reason they have literally been wrong in every prediction they have made for this stock for more than a decade. A 100% FAILURE RATE.
FACT.
I believe we saw yet another classic spam hype post from the chief spam hypster.
Wow, the spam hype has gone into overdrive today.
Prove QMC didn't sell something? LMAO! Asking someone to prove a negative is just a slippery way of admitting you're you can't back up your BS.
The fact that there is no validation of the claim from any uninterested source is as close to proof you will ever get and a whole lot more proof that there is for the original claim that QMC has sold something.
LMAO+++
But the flow of spam hype from the spam hypster here remain high.
And the spam hype just keeps on rolling.