InvestorsHub Logo
Followers 3
Posts 1005
Boards Moderated 0
Alias Born 04/20/2012

Re: puravida19 post# 90576

Monday, 06/08/2020 7:57:43 AM

Monday, June 08, 2020 7:57:43 AM

Post# of 104413
I'm stunned that you believe QTMM would win. Who would have expected that??

Seriously though, what are the damages?? How did it impact QTMM?? They had zero sales when this began, they have zero sales now. If this hadn't happenned, what would be any different?? And discovery works both ways. You honestly believe Steve, he of the why bother to file financials, wants all of QTMM's dealings open to the public??
This case is probably QTMM's best chance at revenue, but it is years down the road. They have not won anything yet except the right to go to trial. If they eventually win that, and then win round after round of appeals, they may get a couple million. To expect more than that is ridiculous. At worst this caused them difficulties in financing and forced them to issue more shares. So for a company with a market cap of 14 million, I'm not sure where or how this cost them them 100 million. They'd be thrilled with a settle of 5 million, while Gates may just want to litigate this forever knowing they can outlast QTMM with ease.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.