Excellent work TedJ,
Let me add that it is Highly unlikely that a warrant or option holder would convert .11 cent warrants IF the stock hit .12 That's almost a net ZERO conversion(after Tax) if sold. Plus its too risky.
If I had warrants at 8.5 cents I wouldn't even think of conversion unless the stock was double that or 50% higher with a lot of catalysts to come for sure.
Remember Warrants and Options are STILL restricted for 6mos before they can be cleared and sold under rule 144.
CONVERTIBLE NOTES on the other hand, if older than 6mos from date Note was paid for, they can convert and file the paperwork to remove the legend and sell asap.
Big difference in Risk Profile. Holding for 6 mos after warrant/option conversion compared to Convertible Notes that are already at least 6 mos old.
Either way QMC needs revs and catalysts Period.
I highly doubt that in the scenario that QMC inks qualified FUNDED deals that anyone would be in a hurry to dump shares. IMO
only post for the day.
Have a great weekend ALL