It's interesting, with my very limited view. This whole 8k movement/stalemate was self-imposed. I applaud the CEO for trying to renegotiate the terms of the loan to try to bring more profitability to the company. That being said, if the tactic doesn't work (maybe in the end it will, maybe it won't). Then can't they accept the terms as concrete and look for other ways to grow the company rather than bringing the whole ship down? Insiders own 320,000,000 shares, 85% of the company.
And if they turn it around, QPRC just purchased new IP and have bills to pay on the old IP, which is losing value everyday. They are going to need significant cash and some real out-of-the-box thinking.
Thoughts?
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