It's true there has not been any significant revenue declared.
It's true we don't know either way if Pasaca will be involved going forward. Until the SEC delisted QMC, Pasaca was the path and it was a solution to revenue and uplisting QMC to a better exchange. Squires did that. If the SEC had not delisted QMC its possible QMC could have caught up on the reports and completed the deal, etc. The SEC accepted the reports and there is no reason to believe they won't accept a S-1. They ask questions and the company responds and eventually it is accepted.
BTW, you offered to sell your shares a month ago at .05 cents, so your otter to sell today at .10 cents shows you believe the shares have doubled in value!!! If you really believed they have no value you should be willing to seel at a penny. I'd take you up on that, and not because I think that's what I think they're worth, lol.
You didn't speak up when I asked for solutions to get QMC back to listing that didn't include Squires. Sure, the S-1 will not be easy, I never said it would be. What I said s that Squires is the only one who can do it and get us relisted. You, JayDee, can't both think it will be hard to do and that Squires isn't needed. He's the one that has to answer the questions.
So, you'd rather lose your investment?
excerpt from the latest Shareholder Report-
https://www.globenewswire.com/news-release/20...pdate.html
The Plan:
The Company currently intends to apply, to once again become a reporting issuer with the SEC and to re-commence its filings with the SEC at the earliest practicable date. In that regard, the Company is diligently working with its auditors and securities counsel to compile, disseminate and review the financial and other current information required to be presented in its public filings, and to prepare and file a registration statement to once again become a reporting issuer. Thereafter, and subject to satisfaction of all regulatory approvals, it will seek to once again have its shares of common stock traded on the OTC Market.
Concurrently, we will also be seeking shareholder approval via a consent solicitation (the “Consent Solicitation”) for the filing of an amendment to our Articles of Incorporation (the “Certificate of Amendment”). This will be done in order to increase the authorized shares of our common stock to provide for additional authorized shares of common stock. This will give us the ability to, among other things, raise additional capital so that we can continue to fund our operations and fulfill certain obligations that we have to investors. Additional details regarding the Certificate of Amendment and our existing agreements and obligations to investors will be provided in the Consent Solicitation, which we will be mailing to shareholders on or about August 26, 2021.
I urge all shareholders to read the contents of the Consent Solicitation and to vote in favor of the Certificate of Amendment expeditiously. Unfortunately, I cannot tell you exactly when the Company’s trading status will be restored. It depends on a number of factors, many of which are outside of our control. However, I can assure you that we intend to work tirelessly to restore the Company’s reporting and trading status.
It's true we don't know either way if Pasaca will be involved going forward. Until the SEC delisted QMC, Pasaca was the path and it was a solution to revenue and uplisting QMC to a better exchange. Squires did that. If the SEC had not delisted QMC its possible QMC could have caught up on the reports and completed the deal, etc. The SEC accepted the reports and there is no reason to believe they won't accept a S-1. They ask questions and the company responds and eventually it is accepted.
BTW, you offered to sell your shares a month ago at .05 cents, so your otter to sell today at .10 cents shows you believe the shares have doubled in value!!! If you really believed they have no value you should be willing to seel at a penny. I'd take you up on that, and not because I think that's what I think they're worth, lol.
You didn't speak up when I asked for solutions to get QMC back to listing that didn't include Squires. Sure, the S-1 will not be easy, I never said it would be. What I said s that Squires is the only one who can do it and get us relisted. You, JayDee, can't both think it will be hard to do and that Squires isn't needed. He's the one that has to answer the questions.
So, you'd rather lose your investment?
excerpt from the latest Shareholder Report-
https://www.globenewswire.com/news-release/20...pdate.html
The Plan:
The Company currently intends to apply, to once again become a reporting issuer with the SEC and to re-commence its filings with the SEC at the earliest practicable date. In that regard, the Company is diligently working with its auditors and securities counsel to compile, disseminate and review the financial and other current information required to be presented in its public filings, and to prepare and file a registration statement to once again become a reporting issuer. Thereafter, and subject to satisfaction of all regulatory approvals, it will seek to once again have its shares of common stock traded on the OTC Market.
Concurrently, we will also be seeking shareholder approval via a consent solicitation (the “Consent Solicitation”) for the filing of an amendment to our Articles of Incorporation (the “Certificate of Amendment”). This will be done in order to increase the authorized shares of our common stock to provide for additional authorized shares of common stock. This will give us the ability to, among other things, raise additional capital so that we can continue to fund our operations and fulfill certain obligations that we have to investors. Additional details regarding the Certificate of Amendment and our existing agreements and obligations to investors will be provided in the Consent Solicitation, which we will be mailing to shareholders on or about August 26, 2021.
I urge all shareholders to read the contents of the Consent Solicitation and to vote in favor of the Certificate of Amendment expeditiously. Unfortunately, I cannot tell you exactly when the Company’s trading status will be restored. It depends on a number of factors, many of which are outside of our control. However, I can assure you that we intend to work tirelessly to restore the Company’s reporting and trading status.
1
