Posted On: 12/02/2016 11:59:07 PM
Post# of 22465
Lots can happen between Now & Feb. I am not jumping to any conclusions from this proxy currently.
The filings state:
effect a reverse stock split of our outstanding shares of Common Stock, at any time within [one year] after stockholder approval is obtained.
pg 28 PROPOSAL 3: APPROVAL OF A GRANT OF AUTHORITY TO THE BOARD OF DIRECTORS TO EFFECT A REVERSE STOCK SPLIT
Our Common Stock is currently available for trading in the over-the-counter market and is quoted on the OTCQB Marketplace under the symbol “ QTMM .” As of [_____] [?], 2016, the last reported closing price of our Common Stock was $[?] per share. We are considering potentially seeking the listing of our Common Stock on the NASDAQ Capital Market or another national securities exchange. We anticipate that to secure the listing of the Common Stock we may need to implement a reverse stock split so that the trading price of our Common Stock exceeds the minimum required by applicable initial listing requirements.
Quote:400,000,0000 to 600,000,000 and authorize for issuance 1,000,000 shares of the Company’s preferred stock
Move from Nevada to Delaware.
Im sure there will be much discussion going forward which I am looking forward to hearing different opinions.
The filings state:
effect a reverse stock split of our outstanding shares of Common Stock, at any time within [one year] after stockholder approval is obtained.
pg 28 PROPOSAL 3: APPROVAL OF A GRANT OF AUTHORITY TO THE BOARD OF DIRECTORS TO EFFECT A REVERSE STOCK SPLIT
Our Common Stock is currently available for trading in the over-the-counter market and is quoted on the OTCQB Marketplace under the symbol “ QTMM .” As of [_____] [?], 2016, the last reported closing price of our Common Stock was $[?] per share. We are considering potentially seeking the listing of our Common Stock on the NASDAQ Capital Market or another national securities exchange. We anticipate that to secure the listing of the Common Stock we may need to implement a reverse stock split so that the trading price of our Common Stock exceeds the minimum required by applicable initial listing requirements.
Quote:400,000,0000 to 600,000,000 and authorize for issuance 1,000,000 shares of the Company’s preferred stock
Move from Nevada to Delaware.
Im sure there will be much discussion going forward which I am looking forward to hearing different opinions.
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