I can appreciate the flipper being upset, who are
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(Total Views: 464)
Posted On: 09/18/2022 10:12:31 AM
I can appreciate the flipper being upset, who are currently struck with stock they can't flip, but for the life of me I can not understand the longs frustration.
The longs held though all the past failures, the longs held though all the law suits against the company, the longs and held though all the years the company failed to file.,
The longs would still be holding if the company was trading today but there was no Pasaca Capital, no Innova Medical Group, no Vac-chek, no one new patent granted, no one new patent application, or no Podesa hired.
The longs were well aware dilution had to happen for the company to meet its share obligation and yet the longs still held.
The company didn't file in 2019, 2020, 2021, and the longs still had belief in the company and continued to hold.
Trading was halted simply because the company didn't file in 2019, 2020, and 2021, nothing new nothing different that the long held though.
In reality the company is in far better shape today then it was before January 2021, when the longs were holding with no revenue, the company going though a major lawsuit that could have wiped out all the longs shares and the company shifting from its core business by adding blockchain.
Today the company is working under a MINIMUM 15 million dollar contract, contracted to be brought out by a Billion dollar company, has/had it's technology in the Innova smart phone app, filed two new patents (one granted), launch a new product, hired a lobbyist,. working/worked with a major tobacco company on anti-counterfeiting, partnered with a company to develop diagnostic test for TBI injuries, and hired a manufacturing specialist.
So lets be real here for a change.
If QMC was trading today the longs would not only still be holding but buying more.
The longs held though all the past failures, the longs held though all the law suits against the company, the longs and held though all the years the company failed to file.,
The longs would still be holding if the company was trading today but there was no Pasaca Capital, no Innova Medical Group, no Vac-chek, no one new patent granted, no one new patent application, or no Podesa hired.
The longs were well aware dilution had to happen for the company to meet its share obligation and yet the longs still held.
The company didn't file in 2019, 2020, 2021, and the longs still had belief in the company and continued to hold.
Trading was halted simply because the company didn't file in 2019, 2020, and 2021, nothing new nothing different that the long held though.
In reality the company is in far better shape today then it was before January 2021, when the longs were holding with no revenue, the company going though a major lawsuit that could have wiped out all the longs shares and the company shifting from its core business by adding blockchain.
Today the company is working under a MINIMUM 15 million dollar contract, contracted to be brought out by a Billion dollar company, has/had it's technology in the Innova smart phone app, filed two new patents (one granted), launch a new product, hired a lobbyist,. working/worked with a major tobacco company on anti-counterfeiting, partnered with a company to develop diagnostic test for TBI injuries, and hired a manufacturing specialist.
So lets be real here for a change.
If QMC was trading today the longs would not only still be holding but buying more.
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