Reverse Mergers & Low Float Plays

[Potse]

QMEI(.37)...another reference to company desire for Nasdaq listing......

Earlier this year the QMEI CEO mentioned a number of times during interviews/presentations that QMEI will seek a Nasdaq listing at some point. Last week it looks like the company appointed a presumably full-time CFO, replacing Esther Law (one of the co-founders who has her hands full running quite a few businesses in Asia).

About 3 weeks ago this press release from an Asian business awards association once again reiterates QMEI's desire for a Nasdaq listing.......

Quantum Metal Sdn Bhd was registered in 2012 with a total share capital of RM10,000,000.00. Currently one of the largest gold bullion distributors in Malaysia, the company's core business is providing gold products to the Malaysian market which includes government bodies, banks, financial institutions, merchants, and individual bullion dealers. Since its establishment, Quantum Metal has partnered with reputable and renowned banks and international bullion suppliers such as the PERTH MINT. As of 2019, the company has ventured into the retail space through the launch of its innovative retail-centric product offerings.

The company currently has over 100,000 members, with 10,000 consultants under numerous accredited agencies. With a workforce of 50 employees, the company has 4 offices in Malaysia located in Penang, Kuala Lumpur, Johor Bahru, and Kuching. With a foothold in 12 countries, the company aims to reach 60 countries within the next 3 years. To facilitate this growth, it aims to list on the Nasdaq in the near future.

The biggest challenge for the company is to align its agencies and consultants with the common goal of sharing prosperity through global outreach. It managed to overcome the challenge through Corporatization, Digitalization, and Globalization, which are key strategic values in the company's standardization process. En route to this outcome, the company went through a listing on the OTC Market under the name, Quantum Metal Exchange Inc. (OTC:QMEI). In 2021, the company underwent a restructuring phase and is now a fully owned subsidiary of QMEI.

https://www.yahoo.com/now/quantum-metal-sdn-bhd-awarded-051500834.html