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Sunday, February 28, 2021 11:06:03 AM
Key thing here, QPRC was paying their old directors about $146,000 a quarter for old loans made to QPRC. As of the new 8K they are no longer making those payments. The older leaders are now going to be paid in stock and stock growth. The way I see it, they are willing to skip cash in hand for risk and potential. What did they see to take on risk?
" In conjunction with securing the capital facility, the Company extinguished the legacy secured note providing operational stability and increased flexibility as the Company builds and monetizes its portfolio of intellectual property assets"
https://www.qprc.com/news
Recent QPRC News
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 05/31/2024 08:30:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 09:17:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:31:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 08:30:54 PM
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