InvestorsHub Logo

TedJ

02/21/17 11:54 PM

#56187 RE: QD explosion #56180

The 10 days is for the Schedule 13D, the more abbreviated Schedule 13G is 45 days from end of calendar year. So the question is, if the Chinese are inquiring 10% of QMC stock purely as an investment, and not to exercise control over operation of QMC (passive investor), then the Chinese only need to file a 13G 45 days after the end of the year.

SEC does not have a simplified explanation of the 13G like the 13D so I can't post that. May not have everything correct but my best shot, I'm tired and going to bed.