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old_timer99

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old_timer99

Re: InAnotherLife post# 265560

Saturday, 02/17/2007 1:42:04 PM

Saturday, February 17, 2007 1:42:04 PM

Post# of 279080
InAnotherLife, the "name" of the group that was financing QBID/TMM was called the "Olsen Division" and was disclosed by Joseph Pittera, the ex-president of QBID/TMM.

The "need" for a merger is because TMM and QTN are two seperate legal corporate entities. They both have their own stock. QTN's stock was wholly owned and privately held by TMM. If QBID common shareholders were to get equity in QTN, QTN and TMM must've done a business combination and equity swap. That never happened. Frank promised audited financials for it to happen, but it was all lies.
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