Hold on there, that's not quite right. Yes there are 750 Million Authorized shares. The last 10K reported Directors and Executive Officers as a group of 5 persons 93,857,468 18.0% that includes Mr. Squires and options to purchase 45,031,250 shares owned by Mr. Squires and options to purchase 1,537,500 shares owned by Mr. Squires wife. Excludes 12,000,000 options owned by Mr. Squires which are unearned as of the date of the filing of this Form 10-k. So at best Squires can exercise ~160Million votes.
As of this morning there are 581 Million shares outstanding. There is 1 "Institutional investor listed". The "Carson Group" is not an Institutional Investor and I am of the belief Carson was instrumental in assisting Mr. Squires to regain control over QTMM. I spoke with Clay chase and asked him to convey to Mr. Squires that the Talley of Share Holders would vote with him at that time. So we stopped the transfer to Delaware, Stopped the Preferred shares and Got Mr. Squires "Reinstated" along with The Honorable Mr. Toshi Ando who I personally met with. FYI , they "Have to put a Proposed Reverse Split out on a "PROXY" That is not only not unnecessary but ill advised and unwarranted
I do not see any need for a "Reverse Split" at anytime. If we see this go to ~$3.00 per share we are looking at a ~$1.6 Billion Market Cap with a lot of "Revenue and growing" to back it up
When Jamis ran the "Talley" it was north of 280 Million shares.
Lucas Hoppel 44,791,667 9.0%
Carson Group 28,171,920 6.8%
Regards
Sunny:>)))
