InvestorsHub Logo
Followers 6
Posts 4488
Boards Moderated 0
Alias Born 03/16/2017

Re: Kurt_Banoffee post# 104337

Friday, 05/24/2024 10:36:12 AM

Friday, May 24, 2024 10:36:12 AM

Post# of 104471

Maybe we have lost our money already - if QMC has been raising money by selling QMC-Health - diluting the QMC longs in the process - maybe we're already screwed even if the company is successful. Maybe that's why there has been no update???


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173918936

Looks like I may have been right about this. Here is what looks like a January 2024 QMCH fundraising teaser I just found:

https://www.linkedin.com/in/s-bradley-squires-b577892aa/overlay/1705438855680/single-media-viewer/?profileId=ACoAAEqCfzMBIJODE806JCkj7YVoCWaidFD43Iw

I checked the NV website and QMCH is active. It also has both both common and preferred shares. Why would QMCH need preferred shares unless they were going to raise money directly into QMCH?

What happens if they file an S-1 to register QMCH shares and not QMC? Management can grant themselves equity in QMCH, so the only folks who get screwed in this scenario are the QMC longs.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.