Replies to post #1771 on QuoteMedia Inc (QMCI)

[reaper247]

Just doing some quick math here.

6,000,000 QMCI shares purchased on the open market by Michael Giles for $1,200,000, is a VWAP of .20 per share.

.20 should be the new floor here.

Lets see what happens.

GLTA, IMO and FWIW.

[aaab]

Looks like Mr. Giles is also CEO of Embed Financial Technologies, which was bought by FTX US in 2022.

[reaper247]

I wonder if Jack Dorsey, CEO of Square NYSE:SQ, maintains any kind of working relationship with Michael Giles, who just spent $1.2M to grab some QMCI shares.

QMCI already has several big clients like E-trade, Morgan Stanley and Berkshire Hathaway.

Makes me wonder if we will see more SC-13 filings or an 8K, to provide some insight as to what is happening here.

GLTA, IMO and FWIW.