Monday, May 14, 2018 10:40:42 PM
Like I first mentioned 5 months ago and several times since the announcement, quotemedia has forgiven, restructured and removed over $10,000,000 in long term liabilities without diluting the stock or engaging in toxic financing.
I predicted 5 months ago that by eliminating the interest expense could make QMCI profitable.
CEO Dave Shworan is both the CEO and co-founder of bravenet.com and CEO quotemedia and as such took it upon himself to forgive $1,200,000 in QMCI debt due to his private company.
He gave up $1.2M owed to him, just to remove that burden from QMCI shareholders.
I am getting a little tired of being right all the time.
LOL, IMO and FWIW.
Recent QMCI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 06:55:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 06:07:34 PM
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM