Phrozt, I agree with you.
A few days ago when I mentioned the CC to my wife, I told her that people/investors would be allowed to ask questions during the CC. Her answer to me about a week ago were "I would be surprised if that is the case because in my [her] experience the board is given time to make their pitch, then only representatives from major investment funds are allowed to ask questions. Otherwise can you imagine how long and "out of focus" a CC would be if everyone was allowed to ask questions". She was actually impressed that a penny stock would even hold a CC.
I have no credentials other than I own QMNM stock (and I want it to go up). My wife's credentials are that she is a CPA in charge of the "financials" of a major division of a major company whose name we all know of, and she has participated (in a support role) in many CC's. She is directly responsible for quarterly earnings reports, year end reports, earnings forecasts, etc for this division that are then rolled up into the final company's reports, etc.
I say that to say that this CC went exactly as my wife called it a week ago....and she could care less what happens to the stock price or the stock itself, therefore, I believe that the CC was legit. Apparently, QMNM's CC process was not any different than how other companies run their CC's.
AI
