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Re: MAKHDI post# 51250

Monday, 11/05/2018 6:52:43 PM

Monday, November 05, 2018 6:52:43 PM

Post# of 60117
I see great things happening in the near future.

One of the conversation that was prominent in the recent years was how did Microtech qualify for SBA’s 8(a) program for small disadvantaged firms when they could not have annual revenues of more that 25 million dollars yet still received contracts worth hundreds of millions totaling billions of dollars over the last 15 years.

Here is what I think. Microtech keeps qualifying because they are passing on or subcontracting the majority of the contracts to other companies. How they benefit from doing that is still yet to be answered but I do know that Qban was the only company listed on the teaming agreement for the GSA contract. Minimum revenue is $75 million dollars over the life of the contract (15 years) with as much as over 300 million per year for 15 years.

If Microtech must remain qualify for future contracts they have no choice but to keep subcontracting away the majority of these contracts.

Here is my theory.
Notice that the companies mentored by Microtech are mostly Latin minority owned companies. I think they are building up the Latin tech companies thus empowering and strengthening the Latin community. I am convinced that Qban is a majority owned Latin minority company.

This contract is a big deal for Qban and I am sure many things are happening behind closed doors.

Note worthy is the fact that the outstanding shares of Qban was increase to over 3 billion around the time Qban announced the teaming agreement.
The question is who are the owners of these shares. Who ever the owners are, they have a vested interested in making sure Qban does well. The shares were not issued to raise money for Qban. There are people who will make millions in the near future.

Don't let this ship sail without you.