Our Board of Directors approved a 1-for-20 reverse stock split of our currently outstanding shares of common stock. The pre-split total shares of common stock outstanding was 1,956,466,735 and post-split total shares of common stock outstanding will be 97,823,337 (subject to adjustment for settlement of fractional shares, which will be rounded up to the nearest whole share). On June 16, 2010, we received notice from FINRA/OTC Corporate Actions that the reverse stock split will take effect at the open of business on June 17, 2010. As of June 1, 2010, name change requests may or may not result in symbol changes. Our new symbol on this date will be “QMIND.PK.” The “D” on our symbol will be removed on July 16, 2010 (20 business days from June 17, 2010).
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.