Quest Patent Research Corp (QPRC)

[DreamGreen]

I will Address the Share Structure again for anyone who missed my previous posts.

Some are scared by the AS, however it is in place to protect the company and shareholders. For some reason the increase in AS from 2017 is not updating in OTC Markets.

We have loan with United Wireless which is NOT convertible unless there is a default. Under the agreement QPRC must at all times have enough share reserved to cover the loan amount in the case of a default.

Back in June of 2017 when the share price dropped it effected the amount of shares they needed to have on reserve as collateral for the loan. They increased the AS to 10 billion to be sure they don't default on the United Wireless funding agreement.

Those shares are not for dilution they are reserved and are simply there to avoid a default and the chance of conversions.

It's all right in the past filings.

We have the right to prepay the notes in whole at any time and in part from time to time. Although the notes have no conversion rights, if a Conversion Eligible Event of Default occurs, the notes become convertible at a conversion price equal to 90% of the closing sale price of our common stock on the principal market on which the common stock is trading on the trading day immediately preceding the date the holder gives notice of conversion. As required under our agreements with United Wireless, we have increased our authorized common stock to 10,000,000,000 shares.

We are required to have reserved from our authorized and unissued common stock, 130% of the number of shares of common stock as shall be necessary for issuance upon conversion of the notes.

https://www.otcmarkets.com/filing/html?id=12662805&guid=ylyMUK3JS4UWyth