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Posted On: 06/25/2021 10:04:19 AM
Post# of 22443
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QTMM was sitting on a letter from the SEC telling QTMM that its registration would be revoked if it did not bring its filings current. QTMM didn’t mention this to anyone and, inexplicably, did not bring its filings current, though it did file a number of promotional items. If QTMM misled Pasaca in any way or was less than forthcoming about its situation with the SEC, then QTMM is in material breach of its contract with Pasaca, and Pasaca is entitled to void its contract. Sure am glad QTMM was spending its time and resources litigating against its former lawyers while the SEC clock was ticking. Ironically, QTMM will have a hard time proving any conflict on its lawyer’s part damaged it when its self-inflicted damage has eclipsed by far any losses it suffered at the hands of its attorneys.
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