Quantum International Corp. (QUAN)

[Voices of Reason]

DD on QUAN:
"....and the company is not diluting" - HUH?? Have you read the latest 10Q?

Reality Check:
Over the last quarter (including subsequent events since the quarter ended), the company has issued 13.3 million shares for convertible debt, increasing the outstanding shares by almost 45%. This toxic conversion was completed at an average of $0.024/share

That is not the end of the dilution train as there remains these remaining toxic convertible debts:

$14,500 @ $0.01/share = 1.450 million shares
$32,250 @ $0.01/share = 3.225 million shares
$232,041 @ $0.005/share = 46.408 million shares
$59,849 @ $0.01/share = 5.985 million shares
$112,800 @ $0.01/share = 11.280 million shares
$22,195 @ $0.03/share = 0.740 million shares
$83,871 @ $0.025/share = 3.355 million shares
$91,625 @ $0.02/share = 4.581 million shares
$112,800 @ $0.02/share = 5.640 million shares
Total remaining convertible shares = 82.664 million shares at a weighted average acquisition price of $0.009/share

Judging from the Company financials, they will continue to issue convertible toxic debt to cover ongoing G&A expenses ($117k per quarter!), interest expense ($34k per quarter) to add to their ever expanding liabilities (currently at $4.5 million) considering they only have $13k in the bank, no products, one employee with no experience and a checkered past of being associated with a number of SEC suspended companies.