Yeah... We once had a company called Solterra as well... It seems like POS Squires is better at making new companies than at making a product that sells...
How do you know that won't be used to dilute shareholders?
Why didn't the investors want to invest in QMC unless they are going to get a much better deal investing in this new company? I guess the don't believe in $5+ LOL.
BTW, January was 2 months ago and no word on the LOI. How much more silence do we need before we can assume it's dead?
Still like this deal now that we've learned QMC's key patents on flow manufacturing have been assigned to the QMVT investors as a security interest? With the stoke of a pen, they go straight to the top of the list ahead of all the longs who have been here for as long as 12 years patiently waiting.