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Re: Jamis1 post# 63055

Monday, 02/19/2018 5:28:51 PM

Monday, February 19, 2018 5:28:51 PM

Post# of 104413

If they were actually being predatory, they likely sold all or most shares that they did have to help drive us from 11 to 6 cents in hope that QMC would default on payment and they would nearly double their default award.

Okay, but this is an assumption and a totally different scenario than the point I believe he was making.

But the terms of the agreement awarded shares initial for cash. Repayment was cash with a provision for shares upon failure to pay cash.

Okay, but again, he was hypothesizing that the lenders may have been fearful of QMC's viability and losing their investment, i.e., they were just looking to get a bunch of their money back (to reduce their risk) with the mechanism being the penalties (in the form of shares). The shares are relatively fungible and can be liquidated.

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