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Re: vajus post# 69687

Saturday, 02/16/2019 9:11:41 AM

Saturday, February 16, 2019 9:11:41 AM

Post# of 104461
Yes, indeed, you are right vajus. The Effective Date of the Amtronics/QMC Agreement was November 19, 2018. $500,000 was due within 30 days and another $500,000 within 60 days of the agreement. Technical default seems to have occurred, but there may have been an extension (maybe a tacit understanding) of another month making the due date Feb. 20th. I don't know and QMC has not offered an explanation to the best of my knowledge. QMC needs to explain more. In the absence of more disclosure and $1 million not being received this month, the pps will almost certainly drop more. I intend to continue buying, however, because bad faith has not been proven yet. CEO Squires seems relatively indifferent to timely but unmandated disclosure.

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