QuoteMedia Inc (QMCI)

[reaper247]

A quick look @ QMCI.

Outstanding Shares of 90,477,798 @ a PPS of .10 gives QMCI a market capitalization of $9,047,780.

The total market cap of the entire company is less than its EOY revenue for 2017 of $9,491,197.

QMCI Dave Shworan is also the CEO and co-founder of bravenet.com. bravenet is a private company that provides web tools and hosting that is on par in size and scope with godaddy.com.


Bravenet was the private company that developed quotemedia’s market data tool set and spun it off as a public company well over a decade ago.

As CEO of both companies, he has either forgiven or restructured all of QMCI’s long term liabilities due to related parties. Almost $11,000,000 in total.

By eliminating all of QMCI’s long term liabilities, the previous $1,063,769 in interest due to related parties, no longer exists as an expense moving forward in 2018.

Quotemedia data is used by everyone from Timothy Sykes to Yale University to the NASDAQ.

“QuoteMedia is a leading software developer and cloud-based syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages, and financial services companies. The Company licenses interactive stock research tools such as streaming real-time quotes, market research, news, charting, option chains, filings, corporate financials, insider reports, market indices, portfolio management systems, and data feeds. 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. Quotestream®, QModTM and Quotestream ConnectTM are trademarks of QuoteMedia. For more information, please visit: www.quotemedia.com.”

QMCI provides options data to the NASDAQ through nasdaq.com.

QMCI has testimonials from several large clients including the NASDAQ and a Berkshire Hathaway company CEO, Cathy Baron Tamraz @ businesswire.com (see the QMCI ibox here on ihub.)


Given historical value and current events, QMCI could see a sustained market value of 5 to 10x+ from current values.

With no dilution, no convertible debentures and no toxic funding, QMCI provides huge upside potential with a relatively small downside risk.

IMO and FWIW.