Do you really believe “voluntarily” “revoked themselves” as part of a “settlement” with the SEC? This was something they wanted to do, right? You’re telling me that you believe they had a choice to maintain their registration. They weren’t forced to surrender it as the result of an SEC action to revoke their registration. QTMM didn’t screw up. You believe losing their registration was a desirable outcome. In fact, had QTMM thought of it earlier, they would have done it without the SEC’s intervention. QTMM had the SEC right where they wanted it and forced the SEC to accept QTMM’s surrender of its registration, which was not something the SEC was seeking. Re-registration is a victory for QTMM, and the SEC is licking its wounds, because that was the last thing they wanted. That’s what you believe, Puravida?
So those weren’t fireworks I hear going off all weekend? Those were corks popping at the QTMM victory celebration. The Pasaca executives were there, making eloquent speeches and toasting Stephen Squire’s shrewd maneuvering, slapping each other on the back and saying “Man, we were hoping for a victory, but this—this was beyond our wildest dreams!” Right now they’re probably making plans to take Pasaca public, just so they can surrender its registration and enjoy the windfall of benefits that inevitably go along with a registration revocation action.
In fact, what were we thinking in March when we were anticipating the filing of overdue quarterlies and yearlies, the uplisting to Nasdaq and the ensuing rise in share price. What idiots we were to not realize how undesirable those things would be and how much preferable it would be to surrender QTMM’s registration so that its shares could no longer be traded publicly.
Yah, I read that. But, unlike you, I didn’t pump my fist in the air and call for high fives. I chuckled to myself and shook my head.
So those weren’t fireworks I hear going off all weekend? Those were corks popping at the QTMM victory celebration. The Pasaca executives were there, making eloquent speeches and toasting Stephen Squire’s shrewd maneuvering, slapping each other on the back and saying “Man, we were hoping for a victory, but this—this was beyond our wildest dreams!” Right now they’re probably making plans to take Pasaca public, just so they can surrender its registration and enjoy the windfall of benefits that inevitably go along with a registration revocation action.
In fact, what were we thinking in March when we were anticipating the filing of overdue quarterlies and yearlies, the uplisting to Nasdaq and the ensuing rise in share price. What idiots we were to not realize how undesirable those things would be and how much preferable it would be to surrender QTMM’s registration so that its shares could no longer be traded publicly.
Yah, I read that. But, unlike you, I didn’t pump my fist in the air and call for high fives. I chuckled to myself and shook my head.
