Here's why I expect great things from $QUTR:
I can't predict the market, nor can anyone else, but I like to focus on the big indisputable facts of $QUTR to make educated guesses as to where this might go.
1. Custodianship is complete and Lazar is CEO
2. Through that process he resolved claims and barred future claims via Clark County Courts. This means no surprise debts or liens, aka a clean shell. He settled the one valid claim for 50M shares back in July.
3. Pink Current with 10-K and timely 10-Q on file. This greatly lowers risk on reverse merger plays.
4. Massive insider ownership, around 83% of the OS. This kind of insider ownership is as close as you can get to a guarantee of no reverse split or harmful dilution.
5. Huge amount of the OS is restricted, around 70% = much lower float than the OS would suggest.
6. Lazar owns 777,000,000 common shares. It stands to reason he'll make decisions that increase the value of those shares to the greatest extent possible. Those shares are restricted and can't be dumped into a run, so he needs a good, long-term, sustained pps to get the full benefit of those shares in the future. It's also possible he sold those shares as part of the merger, in which case the same parameters would apply to the new CEO: high pps, good volume, sustained for a long time for him to make the best use of those shares.
7. Starslide Global Holdings Co, the holding company of the former CEO, owns almost 1.3B common shares. Lazar has full control of the company via his preferred shares (or did prior to the merger assuming that's closed), but it's reasonable to think Lazar and Feazell have something good cooking since the custodianship was unopposed.
8. Per the lack of Form 4 filings with the SEC, zero insider shares have been sold since Lazar took custodianship. Not by Lazar and not by Feazell/Starslide. From what I can gather, Starslide has only 235M unrestricted shares, and they've held them all - even after owning them for almost a decade while they languished in the trips. If insiders haven't sold, that bodes very well imo.
9. Certificate of Designation just filed Thursday with NVSOS. This filing pertains to the issuance or assignment of Preferred Stock, a transaction which happens the moment a merger closes. For this reason, given all the context, it's almost certain the merger officially closed Thursday after market.
10. The SEC requires that an 8-K be filed within 4 business days when there's a material event affecting shareholders. With our most recent Lazar merger example, SOL*, Lazar took the four full days to do the filing.
11. Four business days expire after market tomorrow (Wednesday).
Adding this all up, we have a Lazar ticker that has a few things in common with his most legendary runners: huge insider ownership including an ungodly stake for Lazar, huge percentage of restricted shares, and Motion to Resolve Asserted Claims and Bar Future Claims granted and done. Imo, the latter of those is an extra step he takes only when he has big plans that he doesn't want disrupted by surprise claims.
Lazar also got custodianship of SOL* the same day as $QUTR and worked them through the same processes throughout the year. SOL* ran from two cents to 43 cents at its peak within a couple weeks of the merger. I'm not suggesting the same will happen here, but that's quite a precedent. We're sitting near the same pps as SOL* was before its 8-K announcing merger details. Since Lazar has had all year to find a merger, and since he owns 777M shares, it stands to reason he saved the best for QUTR imo.
So that's my summary of all the reasons I think this is going places. Just my opinion as always and not financial advice...
H
