OMNIQ Corp (OMQS)

[MRothaus]

I think I may have found the persistent seller.

http://biz.yahoo.com/e/150630/ques8-k.html

"On May 19, 2015, Quest entered into a Security Purchase Agreement (the "SPA") with an accredited investor, who is also a subordinated debt holder and an employee of Quest, pursuant to which Quest issued 667,000 shares of Common Stock in exchange for $200,000."

That works out to just under 30c/share. Maybe he thought making 7c was good enough.

There's mention of a "First Amendment" near the top of the release..I couldn't understand what it means...can somebody translate for me?