QuoteMedia Inc (QMCI)

[reaper247]

LOL laraz…again this is fun and easy.

Instead of pointing out QMCI is exchanging money from one business to another with both David Dave Shworan companies, simply post a link so shareholders can locate Harrison?

Dave Shworan is not “exchanging” money between companies. Any statements to the contrary are ignorant of the facts.

He is completely and unequivocally forgiving debt due to bravenet from quotemedia for intellectual property that was owed as quotemedia became a publically traded company years ago.

This is equally amusing.

I think the true Identity of Harrison is going to disgust and anger shareholders before they exit pissed off?

SEC disclosures already show that the true identity of Harrison Avenue Holdings is David Shworan. LOL, Why is this fact so elusive for some?

Shworan has restructured deferred compensation due to QMCI officers and other accrued expenses into a non-dilutive assignment of preferred shares that cant be converted into common shares below a PPS of .30 and additional options to buy QMCI preferred shares with conversion rights of .10.

This essential assures any current and/or future QMCI shareholders that their investment will not be diluted to pay for legacy expenses until such time the stock trades at a PPS of .30 or higher.

QMCI has a current market capitalization of just $9,000,000 based on an O/S of 90M and a PPS of .0995.

QMCI market cap would be $27M based on an O/S of 90M and PPS of .30.

To put this in perspective, QMCI sustained a market cap of around $50M in the mid 2000’s prior to financial markets collapse in 2008.

With an O/S of 90M, the $50M market valuation that QMCI sustained back then, would put a current potential PPS of over .50.

Great potential for QMCI given easily verifiable historical data and current terms of the debt forgiveness and non-dilutive debt restructuring.

IMO and FWIW.