OMNIQ Corp (OMQS)

[windough-shopper]

$QUES.....and I asked and was told this

Im using my own words

Here is some more ammunition for you so you have the whole pic:


This settlement agreement removed almost $1.6M from the books.

As well as eliminated potential huge liability when we are done paying off Scansource.

This also saves $100K in dividends this year.

As for the dilution, what I said before and also this is not relevant and n my opinion unless the entire company is sold. Weather Jason has 8M shares or 15M shares, he is prevented from selling his shares in the market by volume and now other restrictions.

So none of those shares should hit the market. If we sold those shares to outside financing source for the same $$ then maybe I can see your concern but convert debt to an already large shareholder should not cause any concern.

It's also better than converting him back to the super voting shares he had just up to recently. Now less debt, easier to get financing. And also if he didint believe in the path of the company and its future, he wouldn't have converted and settled this way.


This is excellent news

I expect the GOING CONCERN to be gone by 3rd Quarter at the latest