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Re: Kurt_Banoffee post# 100777

Monday, 06/07/2021 6:35:58 PM

Monday, June 07, 2021 6:35:58 PM

Post# of 104530
ONE SCENARIO: think Pasaca does know what they are doing with QMC. They loan $15,000,000.00, I believe with the condition that QMC uplist to the NASDAC by the end of May knowing the improbableness of that condition being met. They integrate QMC into their ecosystem. QMC not only doesn't uplist to the NASDAC, but they go from the OTC to the pink sheets, to Expert. QMC agreed to these conditions before taking the money. Pasaca claims they showed good faith by giving QMC unprecedented opportunities and their CEO still could not even follow the most basic rules of the SEC. FILE ON TIME. Now Pasaca has to decide what to do. They integrated QMC. let the world know that. They have to call the note. QMC can't pay. 51% gives them the right to do whatever they want. QMC gave Pasaca no alternative but to take over the assets, dismantle the company to save their investment. No one knows where the $15,000,000.00 went because there is no accounting to anyone from anyone. HORRIBLE, BUT NOT AN UNLIKELY SCENARIO. Pasaca certainly does not need QMC's Board or its management skills. The share holders are left with nothing. OH WELL!

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