Yes seriously Crunch, just getting listed on a maj
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Posted On: 02/10/2021 12:26:27 PM
Yes seriously Crunch, just getting listed on a major exchange doesn't mean that all of the trading and MM games promptly end, especially for newly listed companies that need to maintain their share price, shareholder equity, etc above the exchange limits to remain compliant. If a company can't maintain the specified standards, then they can end-up back on the OTC. Shorts will take advantage of this and
I do not like QTMM being on the Pinks, but I don't get emotional about that fact since being there isn't really impacting my investment, I'm just waiting for QMC to get its act together. I recognize that QMC is on the pinks because they stopped reporting. To get off the pinks, they have to become current and hopefully they will in the next six weeks. Then if their financials are strong enough, they can work on up-listing.
If the company confirms in writing on the balance sheet, all of the revenue projections made here, then they will move forward and the share price should improve.
I do not like QTMM being on the Pinks, but I don't get emotional about that fact since being there isn't really impacting my investment, I'm just waiting for QMC to get its act together. I recognize that QMC is on the pinks because they stopped reporting. To get off the pinks, they have to become current and hopefully they will in the next six weeks. Then if their financials are strong enough, they can work on up-listing.
If the company confirms in writing on the balance sheet, all of the revenue projections made here, then they will move forward and the share price should improve.
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