Quanta Inc (fka QNTA)

[VALUEINVESTOR1]

I guess time will tell, as we only 3 days after former CEO wss officially replaced

https://www.otcmarkets.com/filing/html?id=14519037&guid=pq_qUekfFue-cyh

"This Information Statement is being mailed on or about November 20, 2020 to all holders of record as of the Record Date... Eric Rice, has submitted his resignation letter to the Board of Directors, which likewise does not take effect until ten days following the mailing of this Information Statement... Mr. Rice’s cancellation of 17,030,032 shares will be processed ten days after the mailing of this Information Statement to our Shareholders, and is designed to strengthen the Company’s financial position, so that such cancelled shares may be returned to treasury and later used in order to fund future acquisitions or expansion..."