Per your questions: 1. they have the power to do
Post# of 22455
1. they have the power to do a RS now.
2. What impact would that have on QMC? R/S has no impact on shareholder value. Doing so at the wrong time without proper justification, i.e. revenue and to uplist, would be detrimental to shareholders. Under the right circumstance, revenue and uplist, there's no impact on the value of your investment. I.e., 100,000 shares at $0.50 is the same as 10,000 shares at $5. The growth from $0.50 or $5 is explicitly based revenue generating potential of QMC and their net present value. The market cap will adjust at equivalent proportions. Organic growth from $0.50 to $5 would also equate to organic growth from $5 to $50, therefore no loss of value to the investor. The market cap is the same in both cases.
3. Why even bring it to a vote? It's required by Delaware incorporation laws.
4. What's the benefit for QMC doing it that way? They laid out reasons for switching to DE in the proxy. They also said the reason for the R/S was explicitly for uplifting if needed.
I hope this helps.