Posted On: 12/18/2016 4:42:57 PM
Post# of 22463
It's a financial fact that a R/S doesn't change shareholder value by itself. Therefore, I was never concerned if it was done after revenue or contracts and explicitly to uplist.
As I've laid out several times, the only issue I had with share structure was the amount of authorized shares post R/S. The A/S and available after the split have the potential for dilution of shareholders, not the R/S.
I understand some are wary and have concerns with a R/S. I'm trying to help lay that concern to ease and focus on the real items that can cause dilution of our investment. I've well over a million shares as a shareholder of QMC. I have concerns, but not about a R/S to uplist after revenue.
As stated my concerns are A/S and available shares after the R/S and powers granted the preferred shares. Outside of those two issues, I'm good with the proxy. I expect the management to revise those two concerns to be more acceptable in the final proxy per discussions many have had with management.
As I've laid out several times, the only issue I had with share structure was the amount of authorized shares post R/S. The A/S and available after the split have the potential for dilution of shareholders, not the R/S.
I understand some are wary and have concerns with a R/S. I'm trying to help lay that concern to ease and focus on the real items that can cause dilution of our investment. I've well over a million shares as a shareholder of QMC. I have concerns, but not about a R/S to uplist after revenue.
As stated my concerns are A/S and available shares after the R/S and powers granted the preferred shares. Outside of those two issues, I'm good with the proxy. I expect the management to revise those two concerns to be more acceptable in the final proxy per discussions many have had with management.
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