Quantum Metal Exchange Inc (EM) (QMEI)

Any updates at all on this stock? Looks like it trades 500-5000 shares every few days or so. It's just so quiet its hard to get a read on what is happening here. Stock dropped 50% on like 10,000 shares.

https://www.nst.com.my/business/corporate/2024/01/1004061/bank-negara-clarifies-claims-and-misrepresentations-regarding

Some massive numbers in their filings

QMEI...strategic business partnership on February 12.......

QMEI and the Malaysian Islamic Chamber of Commerce entered into a strategic business partnership/cooperation on February 12. Esther Law and the CEO attended the signing ceremony. This agreement should improve/strengthen the growth prospects in Malaysia and also help with the expansion into other countries.

From the statement issued by the President of the Chamber of Commerce.......

In ensuring that this programme can be widely introduced, DPIM is actively conducting various information activities and sharing sessions so that participation among the civil society and organizations can be enhanced. DPIM is also ready to open up multi-party collaboration space to develop these Shariah-compliant gold products locally and internationally.

https://www.facebook.com/lawleepoh/posts/10159128926748227

From an article on the agreement......

Meanwhile, Quantum Metal Founder, Datuk Lim Khong Soon said, the collaboration with DPIM will provide more space for the community to get gold and get a return from the gold investment.

"This collaboration also opens up more space not only to the community in this country by aiming to expand this product internationally. We also target this product to be in 60 countries in the future," he said.

https://www-sinarharian-com-my.translate.goog/article/187512/BISNES/DPIM-Quantum-Metal-perkenal-pelaburan-emas-patuh-syariah?_x_tr_sl=ms&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc


Video report on the agreement. The CEO makes a speaking appearance in this video around the 2:00 minute mark......

https://www.facebook.com/QuantumMetalQM/videos/668117234539814

Hey Potse!

Good to see you here on QMEI. I'm in this one for a while now, it's actually one of my absolute favorites out there right now, mostly because of their insane revenue numbers in the latest annual report after they did this merger/aquisition of Quantum Metals. This revenue number plus the insane float of 300k right now and the net profit they had, makes this a very interesting one. Gonna watch for the next Q and the numbers in it. On top of that all the others stuff sounds great as well, I'm definitely looking forward to the next few weeks and months on this one.

Watched part of one video. It's hard to tell if it will evolve into something. It almost feels like network marketing, (like Avon.) Although, I will certainly watch for it to start to gel. There is definitely potential.

Thanks for all that info.

QMEI(.929)...accumulated a position......

Accumulated some shares of QMEI over the last 5 trading days, roughly in the 70-91 cent range. Currently averaged in a little under .895 per share. Risk/reward looks somewhat interesting to me under this $1 price level. Should be seeing a couple of quarterly reports (Q1 and Q2) filed over the next couple/few months. I think the explosive potential that QMEI exhibited a couple of months ago still exists here, so I want to have a position built ahead of the next move/spike higher.

Khong Soon Lim (QMEI CEO) briefly appeared in a couple of videos on January 21/27, and some of the comments/statements he made are the reason why I have taken a position here. Let me preface my comments below with an acknowledgement that I may have misheard or misinterpreted his statements. The combination of poor internet connections and heavy accents in these videos make it somewhat excruciating to watch and difficult to completely understand these videos. And using the closed caption feature on the videos can only help so much.

Having said that, these are the things that caught my attention......

1) It is very obvious that QMEI plans to uplist this stock to the Nasdaq at some point. This was repeated a number of times, and not only by the CEO. I believe the CEO is well aware of when QMEI would first become eligible for an uplisting (which would be around one year after the RM, unless they choose to do an accelerated uplisting). When he was talking about the timing of the Nasdaq uplisting he used the words "six months", which would be right around that one-year post-RM time frame.

The CEO said he expects QMEI to see a share price around $6-8 this year. Over the next 3-5 years he expects the share price to reach $100.

2) QMEI is planning to acquire a gold refinery.

3) He mentioned something about a "shop merchant" program or business that will begin next month. I'm thinking this might be some type of digital payment system/app that retail shoppers can use, but I'm not entirely sure what he was referencing there.

4) In both of these videos, the CEO mentions that February 22 will be an important date. He called it a "big event" or "big announcement". Again, I am not sure what he might be referencing, but there is a possibility that this might be in connection to QMEI expanding its platform to more countries. He mentioned something about wanting/expecting 40 countries this year and 60 countries in 3 years.

Here is the link to the videos. They are the videos that have the word "opportunity" in their titles.......

https://www.youtube.com/channel/UC9b3WWAha9CiqhLftCAavLw

Also, it might be worth monitoring Esther Law's Facebook page (she is the co-founder and CFO of QMEI). Once in awhile you might run across an interesting tidbit of information or some behind-the-scenes stuff related to QMEI by following Esther. I have been following her account long before I became interested in QMEI, since she has some loose connection to another China quasi-shell I own. Esther is a very hard-working, impressive lady......

https://www.facebook.com/lawleepoh

https://qmexchange.world/en/shariah-supervisory-board/

https://www.citi.com/icg/sa/emea/bahrain/about-us/sharia-board.html

What's keeping this from seeing any real volume? Can I trade it? What's the deal?

LMK WHEN YOUR NEXT ADD DIS PAL, PLEASE ADVISE~ TY~

looks like a P & D, no idea if it'll ever recover and i don't believe the public float is only 300,000 now after that sell off from 3.25 back to .81

went from up over 100% to down nearly 50%, ugliest shit show i've seen in a very long time, has to be more than 300,000 in the float after that sell off

Anyone been here for a bit?

I broke my own rule and chased this. Someone cross posted I did a quick review of the latest filing. Looked decent.

Have to admit, I didn’t do any DD. Just jumped in. Was this a total P&D? Or can it recover.

watched this all day, wow, traded more than the supposed float

Ouch.

YOU STILL MAKE ME LOUGH GURL~ WAHHHHHHHHHHHHHH

under $1.00 by end of day!

IT is amazing sometimes indeed.

agreed.. just hope these rascals have not touched the SS since the last 11/12/2021 Posting in OTC Markets . The Disclosure through 8/31/2021 showed the same..
--
So lets see it !
--
https://www.otcmarkets.com/stock/QMEI/security

LOL, same profit takers are probably shorting it back to under $1.00, LMAO at these f'n stocks

30k from trading the float... this ran to over 5 bucks earlier this year on far less volume. Now we see 56 mill revs

Just a little profit taking right then. it will turn around

$QMEI: Added 5k shares at 2.50



LETS GO !!!!!!!!!!!!!!!!



Another $ELEK in the making here







GO $QMEI

Great start here so far. If this got one attention it could really get crazy with this float

Lets see how wild this can get.

And less than a tenth of the float

Wow. better numbers than mtrt

Annual report out, 56m in Revs, 1.2M profit. 360k Float.

$QMEI

QMEI now pink current

Cash payment of both principle and interest by old management of VUME ,
It was recorded in the jurisdiction, the action was originally filed…

Settled with cash or shares??? Free trading shares?




NOTE 6 – CONTINGENT LIABILITIES
During the year ended November 30, 2013, the Company recognized $19,700 payable to Mr. George Sharp (“Mr. Sharp”). On February 19, 2016, the Superior Court for San Diego County (the “Court”) issued a default judgment against the Company in the amount of $19,700 plus interest. On January 4, 2021, the total outstanding on the judgment of $30,780 was settled and satisfied by third party in whole.


Doesn’t he need to file something with the San Diego court saying it was settled?
The last filing for Vumee judgment was entered March 2020 showing the adddd interest - sent by Beth Meyer. (Beneficial shareholder of Forwardly)

George Sharp was paid in full for his debt to Vumee Inc . It was disclosed in the last filing .

What is the plan for George Sharp’s debt now?
And what is Beth Meyer’s connection to George Sharp?

Low float

Looks like I sold out too soon but I made money so no big deal. I have no idea why it should be trading this high. I can't see they have anything.

VuMee Inc., VUME, changed to Quantum Metal Exchange Inc., QMEI: **PPS closed at $2.95, up 693% on the day, up from .37.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

VUME https://otce.finra.org/otce/dailyList
Summary
Date/Time Event Type Eff/Ex Date/Time Symbol Issue Name Market
06/17/2021 13:02:13 Name/Symbol/CUSIP Change 06/18/2021 00:00:00 VUME VuMee Inc. Common Stock Other OTC
Details
Previous Value Current Value
Symbol VUME QMEI
Issue Name VuMee Inc. Common Stock QUANTUM METAL EXCHANGE INC Common Stock
Class
Maturity Date
Market Category Other OTC Other OTC
Unit of Trade 100 100
Regulatory Transaction Fee Flag Yes Yes
Current Value
Daily List Date/Time 06/17/2021 13:02:13
Event Type Name/Symbol/CUSIP Change
Effective/Ex Date/Time 06/18/2021 00:00:00
Subject to Corporate Action
Offering Type No Restrictions
Daily List Comment

What is going on with this stock? I can't find any news and the stock is up to 3.50 at the moment. Someone must know something.

got some of this ticksr by mistake fuck

Pink current today!!!!

Attorney letter out! Hello pink current

Stop sign removed!!!

RM Soon? Looks like it’s getting ready!

Thanks! I saw they were current but I did not see where they had any money nor a product of any kind.

They are becoming current again. 94% insider owned. On news watch. 300k float, it will run fast

What would make it run?

Looks like it’s going to run!

Curious the same......someday it’s a shell.

Will this ever come back to life?