Most on this board are selling Stephen Squires and
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Most on this board are selling Stephen Squires and Pasaca short.
It appears not only this board but Pasaca is selling Squires short as well.
From the Pasaca agreement.
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Pasaca will also have the right to appoint three members to the Company’s Board of Directors.
Does that sound like Pasaca is trusting Squires' business decision making skills without question?
Doesn't the CEO answer to the BOD?
Personally as I have pointed out on this board Squires has very valuable skills and a lot to offer QMC going forward, unfortunately based on his past performance CEO's duties is not one of them.
It not a dig, a bash or a trolling question it is just Squires history.
It is my hope Pasaca takes over the company and replaces Squires with a real business man to run the business end of QMC and retains Squires to let him do what he does best.
If you truly want to see your 5+some day that will be your best option.
With out Pasaca even if Squires does get relisted we still have a broke company, with no guarantees that Squires will be able to meet future SEC filing requirements.
Sure the S-1 may give QMC a fresh start but each quarter a filing will be due and we have no idea whether or not the S-1 will remove the reason(s) why QMC haven't been able to file the last 3 years now do we?
If QMC makes it big would you trust your doctor to do your taxes?
If not why not, I am sure he is a brilliant doctor.