The filing shows they are still alive. One really important unanswered question is how are they raising money to keep the lights on? As I've commented a couple times in the past, I'm guessing that they are raising money into QMC Health - not QMC. If you're a new private investor, why would you put your money into QMC if the value is being created at QMCH?
What happens if they file an S-1 to register QMCH shares and not QMC? Management can grant themselves equity in QMCH, so the only folks who get screwed in this scenario are the QMC longs.
Here is a January 2024 presentation I just found that suggests that this is exactly what they are doing.
https://www.linkedin.com/in/s-bradley-squires...WaidFD43Iw
QMCH is active in NV. I also note from the NV website that they have both common and preferred shares. Why would QMCH need preferred shares unless they were going to raise money directly into QMCH?
What happens if they file an S-1 to register QMCH shares and not QMC? Management can grant themselves equity in QMCH, so the only folks who get screwed in this scenario are the QMC longs.
Here is a January 2024 presentation I just found that suggests that this is exactly what they are doing.
https://www.linkedin.com/in/s-bradley-squires...WaidFD43Iw
QMCH is active in NV. I also note from the NV website that they have both common and preferred shares. Why would QMCH need preferred shares unless they were going to raise money directly into QMCH?
