QuoteMedia Inc (QMCI)

[reaper247]

QMCI facts regarding PPS potential and market capitalizations (this is a long and tedious post, so I apologize in advance.)

Here is a chart dating back to the late 90s.


We can see that in the mid 2000s, QMCI easily supported and sustained a PPS between .40 and .50 per share, for years.

At that time, QMCI had roughly 65M shares outstanding giving it a market cap of roughly $30,000,000.

From this chart you can see that QMCI has seen lows of roughly .03, giving them a market cap of $2,700,000 with roughly 90M shares outstanding.

Even with the recent rally, the current PPS of .078 gives QMCI a market cap of only $7,000,000.

A 400% rise from the current PPS would just get QMCI back to the market cap that had been easily sustained for years.

When we take into account that in the last 10 years, QMCI has tripled their annual revenue stream from roughly $3,000,000, to around $10,000,000 for EOY 2017, a modest rise in market cap of just 50% would give QMCI a market cap of $45,000,000, in comparison to sustained market caps in the past.

A QMCI market cap of $45,000,000 based on 90M shares outstanding is around .50 PPS.

Here is the thing.

In the past 10 years QMCI has grown their client base and has been contracted for services, from some the largest corporations in the USA and Canada.

...QuoteMedia provides data and services for companies such as the NASDAQ Stock Exchange, TMX Group (TSX Stock Exchange), Dow Jones & Company, FIS, U.S. Bank, Broadridge Financial Systems, Ridge Clearing, JP Morgan, CIBC, JitneyTrade, Hilltop Securities, HD Vest, Intrinsic Research Systems, ING Investment Management, Stockhouse, Zacks Investment Research, General Electric, Dow Chemical, Boeing, Bombardier, Business Wire, PR Newswire, Marketwired, FolioFN, Regal Securities, ChoiceTrade, Cetera Financial Group, Dynamic Trend, Inc., Qtrade Financial, CNW Group, Industrial Alliance, TradeKing, Suncor, Virtual Brokers, Equities.com, Leede Jones Gable, Vision Financial Markets, Firstrade Securities, Divy Inc., Motif Investing, First Financial, Cirano, Equisolve, Stock-Trak, Mergent, SNN Incorporated and others...

Best of all, QMCI has elected to forgive and/or restructure the previously reported long term liabilities of roughly $10M due to officers and bravent.com, in a transaction that will be non-toxic and non-dilutive to current shareholders.

These actions taken by the company and their officers will eliminate interest payments due on long term liabilities, potentially making quotemedia profitable for the first time since the company’s founding.

A PPS of .50 giving QMCI a market cap of $45M may be a conservative estimate.

IMO and FWIW.