I think you are missing the point. Filings cost
Post# of 22456
Filings cost money, fines cost money, attorneys cost money, accountants cost money, far as I know the only shareholder with money and is willing to provide it for shares is Pasaca..
So if Pasaca wishes QMC to remain public the funds will be there to make it happen.
If Pasaca wishes to just acquire the assets of QTMM or take QTMM private they will let QTMM fend for itself,.
QTMM being broke and theextra burden of paying back L2 the odds of QTMM recovering is greatly diminished., Pasaca could sit back and swoop up the ashes, picking and choose which assets they want and hich they don't..
What Pasaca decides what is in its best interest will decide the fate of QTMM. IMHO.
I guessing you two are close , so I am sorry to say this to you Pasaca doesn't need Squires they only need the technology.
To add to your Squire list
5) avoid bankruptcy
How much did Squires borrow form Pasaca before Pasaca decided to take a security interest?