Let's give everyone a clearer idea of the whole "crunch base" thing that you keep mentioning:
Since QMC is PUBLIC, that exit occurred with regards to the funding entity. It is not INDICATIVE of Pasaca removing itself from the deal. I proved that already yesterday with QMC being displayed on Pasaca, Innova's and MPS Medical websites.
And with regards to the "No sec filings" statement, let's take another look at the Pasaca/QMC filings:
"(b) Maturity Date. The “Maturity Date” shall mean March 31, 2021. The Holder shall have one (1) option to extend the Maturity Date to April 30, 2021, which may be exercised at any time prior to the then-existing Maturity Date by written notice thereof to the Company; provided that the Company has completed and filed at least one-half (½) of the SEC filings identified on Schedule 3(f) to the Agreement or the Company has substantially completed at least three-fourths (¾) of the SEC filings identified on Schedule 3(f) to the Agreement."
They have already submitted their 10K bringing them current to 2019. Assuming they have met this requirement with Pasaca internally, they have until April 30th per the agreement.
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