Replies to post #55991 on QED Connect Inc (QEDN)

[rnb010]

I just bought earlier this week...so no. If any of this happened before the judge order, then I'm not aware of any increase. Question I have, if she raised the A/S BEFORE the court order, then she technically didn't do anything illegal. Unethical sure, but not illegal. I've also owned shares of an OTC where 51% of shareholders, not stock holders and common people like you and me, were toxic lenders. And to my understanding, not ALL increases would be voted on by ALL stockholders, but by those who own the majority that would make up 50% or more. So the SHAREHOLDERS would've had to vote..not STOCKHOLDERS which is us, the little guys. IF the A/S was increased, then the lenders would've/could've voted on it and just no accouncement on it has been made yet. And I wouldn't have expected to see any announcement on it beings there had just been a court preceeding.

so until there is some FACTUAL evidence that the A/S is increased and new shares were issued....then its just speculation at this point.


Again...I could be wrong by the above paragraph as I'm no subject matter expert

[Slojab]

I've seen very few OTC companies I follow needing to ask for a shareholder vote to raise the A/S. They just do them and it's up to shareholders to check the state's SOS website to find out about them. Like I did here, in fact. Why would one be required for QEDN?