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Re: BigE1960 post# 75323

Sunday, 07/14/2019 8:59:32 AM

Sunday, July 14, 2019 8:59:32 AM

Post# of 104482
To your point about Sri, I didn’t slander him and I don’t recall many that did. The group of private placement shareholders didn’t like the preferred shares as it could have stripped out voting rights. We propped up the company with money directly to QMC for years and we as those investors have a joint right to make decisions on how our investment is handled. With preferred shares that had extra votings rights, Sri and that board could have sold the company. We, as those private placement shareholders, took the risky investment in QMC in hopes of large gains, not pennies added. Would we have come out ahead, likely so, but we were willing to let the dice be rolled again to see what may unfold in the future for the potential of those larger gains.

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