Lost in the shuffle of $QUTR's SEC filings, big run/accumulation and low-volume retrace, and now a well justified bounce back north on the 10-Q, is that we have a court date in two weeks, August 17th, to take another step forward with $QUTR: the motion to terminate custodianship.
This means that the custodian's duties have been fulfilled, and officers have been elected (David Lazar elected himself to all the important officer positions using the voting power bestowed by his preferred shares). In other words, once this court proceeding is completed, Lazar will be officially President, CEO, etc. of QUTR rather than its custodian. After that, he can update OTC Markets with any missing filings and fees, bring the company Pink Current, get the stop sign removed, and so on. All this is a prerequisite for phase II, fun time, which is finding an incoming merger or joint venture. There's no reason that can't commence as soon as the company is brought current, which could be as early as later this month.
See below for Joefyffe's message from mid July, which has more documentation. Thanks for sharing the doc, Joefyffe. -----------------------------
$QUTR...7/14/2020, Motion to Terminate Custodianship submitted to the court. Hearing date pending.