$DRWN: Quantum Medical Transport Shareholders Letter
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Houston, TX -- April 25, 2017 -- InvestorsHub NewsWire -- Quantum Medical Transport, Inc. (DRWN: OTCBB)
Quantum Medical Transport Shareholders Letter
Dear Shareholders
We want to thank you for being shareholders in Quantum Medical Transport and supporting our merger to become public. We want to share our vision going forward to establish shareholder value and confidence in our company. We have received many comments via phone calls and emails regarding the direction of the company and share restructuring going forward. We have given consideration to shareholders interest. The company plans to file an official name change, ticker symbol change, and share restructuring request to FINRA in the month of May. A restructuring of shares is necessary as shareholder stock value has been diminished because of the massive amount of shares already in the public float at the time we acquired the company. We have been in discussion with counsel to determine the appropriate share restructuring plan and will announce it soon. We want to find a way to balance shareholders interest with company needs. The current share price is not attractive as a negotiating tool for potential acquisitions of other synergistic companies. We have identified acquisition targets and in discussion with institutional investors to fund these potential acquisitions. Ideally we would like to grow very quickly through acquisitions, but have forecast very conservative organic growth in our business plan. We went public to gain access to the capital markets to build a company that will add shareholder value as we are all in this together. We presented a private placement offering prospectus to begin the process seeking an initial raise of $3,000,000 through sale of common shares with registration rights agreement. We are exploring this option as the most feasible first step; however we are not limited to this structure of financing. We would ideally like to raise capital without toxic debt as most microcap stock companies do, which is why we have approached the market with private placement capital raise.
We expect to have our audit complete in the month of May, 2017 and will file in the S1 registration statement in the month of May, 2017. We will then seek tier up listing on OTC Markets as audited financials will be available. We are also considering hiring an IR firm to provide shareholder awareness services. We are excited about the opportunity for growth and expansion of our company and would like you as shareholders to enjoy the ride with us, Ricky Bernard.
About Quantum Medical Transport
QUANTUM MEDICAL TRANSPORT, INC. is a non-emergency medical services transportation company that operates in the State of Texas. The Company provides basic and advanced life support ground transport in a non-emergency setting, 24 hours a day, and seven days a week. The Company makes both local and regional out-of-town services available on a daily dispatch basis.
Management remains focused on providing prompt, high-quality patient care at the Advanced and Basic Life Support levels. Employees will work diligently to achieve goals while maintaining the highest standards of care. This is imperative as some patients depend on the NEMT Services for all their medical transportation needs.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as believes, expects, may, will, intends, plans, should, seeks, pro forma, anticipates, estimates, continues, or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under Risk Factors and Our Business. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
Investor Relations: Ricky Bernard
832-436-1831 x100
info@quantummedicaltransport.com
www.quantummedicaltransport.com
Tweet Print
Alert
Houston, TX -- April 25, 2017 -- InvestorsHub NewsWire -- Quantum Medical Transport, Inc. (DRWN: OTCBB)
Quantum Medical Transport Shareholders Letter
Dear Shareholders
We want to thank you for being shareholders in Quantum Medical Transport and supporting our merger to become public. We want to share our vision going forward to establish shareholder value and confidence in our company. We have received many comments via phone calls and emails regarding the direction of the company and share restructuring going forward. We have given consideration to shareholders interest. The company plans to file an official name change, ticker symbol change, and share restructuring request to FINRA in the month of May. A restructuring of shares is necessary as shareholder stock value has been diminished because of the massive amount of shares already in the public float at the time we acquired the company. We have been in discussion with counsel to determine the appropriate share restructuring plan and will announce it soon. We want to find a way to balance shareholders interest with company needs. The current share price is not attractive as a negotiating tool for potential acquisitions of other synergistic companies. We have identified acquisition targets and in discussion with institutional investors to fund these potential acquisitions. Ideally we would like to grow very quickly through acquisitions, but have forecast very conservative organic growth in our business plan. We went public to gain access to the capital markets to build a company that will add shareholder value as we are all in this together. We presented a private placement offering prospectus to begin the process seeking an initial raise of $3,000,000 through sale of common shares with registration rights agreement. We are exploring this option as the most feasible first step; however we are not limited to this structure of financing. We would ideally like to raise capital without toxic debt as most microcap stock companies do, which is why we have approached the market with private placement capital raise.
We expect to have our audit complete in the month of May, 2017 and will file in the S1 registration statement in the month of May, 2017. We will then seek tier up listing on OTC Markets as audited financials will be available. We are also considering hiring an IR firm to provide shareholder awareness services. We are excited about the opportunity for growth and expansion of our company and would like you as shareholders to enjoy the ride with us, Ricky Bernard.
About Quantum Medical Transport
QUANTUM MEDICAL TRANSPORT, INC. is a non-emergency medical services transportation company that operates in the State of Texas. The Company provides basic and advanced life support ground transport in a non-emergency setting, 24 hours a day, and seven days a week. The Company makes both local and regional out-of-town services available on a daily dispatch basis.
Management remains focused on providing prompt, high-quality patient care at the Advanced and Basic Life Support levels. Employees will work diligently to achieve goals while maintaining the highest standards of care. This is imperative as some patients depend on the NEMT Services for all their medical transportation needs.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as believes, expects, may, will, intends, plans, should, seeks, pro forma, anticipates, estimates, continues, or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under Risk Factors and Our Business. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
Investor Relations: Ricky Bernard
832-436-1831 x100
info@quantummedicaltransport.com
www.quantummedicaltransport.com
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