Quad M Solutions Inc (MMMM)

[Marty Byrd]

Okay, only $7M revenue for the 4th qtr would be a decline of revenues of the total company.

Quad M Solutions, Inc. (the “Company”) is filing as Exhibit 99.1 to this Form 8-K a Press Release that the Company issued on October 8, 2020. The Press Release related to the Company’s closing of its acquisition of iCan Benefit Group, LLC on September 29, 2020, which acquisition, the Company reported, is expected to add approximately $37 million in annual premium revenue and over $4.5 million in Annual Premium Cashflow (adjusted EBIDTA) representing EPS in excess of $0.20 per share based on outstanding shares of Common Stock at the Company’s fiscal year ended September 30, 2020.

The 37M divided by 4 is over 9M for a quarter. Sounds like a major decline to me.

Maybe next quarter could be good but not last quarter.