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So Newer Members & Shareholders Understand the History

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Solar_Express   Sunday, 12/31/17 03:43:47 PM
Re: wooferwax post# 62331
Post # of 96012 
So Newer Members & Shareholders Understand the History in regards to QMC's Finances this last year here goes.

The financial situation have been disrupted by the Predatory Lender who according to Steve in the October Shareholder statement has been paid back.

https://www.sec.gov/Archives/edgar/data/1403570/000149315217011819/ex99-1.htm

This incident has pushed back being able to file their Yearly statement 10K for June and 10Q ending in September. Also for not timely filing up and beyond their control QTMM now trades on the OTC Pink Sheets from the OTC-QB. QMC will be able to catch up on filing's when this matter is resolved in court which is scheduled for January, Steve will not allow this lender to take advantage of QMC and has his legal team pursuing this matter.

I Trust Steve who founded QMC for his word especially what happened with the Proxy situation and preferred shares last January which Sri and other Management more than likely wanted to Sell QMC. The Proxy was done at that time due to Corporations needing to change Management to move to a better exchange like the NASDAQ. Steve took back over in January and said this was not in the best interest for shareholders long term. Jamis at that time did a share count and realized that we could block the Proxy.

http://www.qmcdots.com/press/press60.php

2018 is shaping up to be an interesting year since Steve is back as CEO and understand what is at stake. This also has not disrupted the progress made with potential vendors in Asia, along with being able to sell QD's on their website.

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