MMMM Quad M Solutions
Quad M Solutions, Inc., is a public holding company that offers self-funded health plans, staffing services, HR-human resources, payroll services, retirement, supplemental and workers compensation insurance to small and mid-sized group employers with 1-500 employees, and to the exploding essential worker “Gig Economy,” a labor market that is characterized by the prevalence of short-term contracts or freelance work, not permanent jobs. The Company’s four subsidiaries, NuAxess 2, Inc., PrimeAxess, Inc., OpenAxess, Inc. and PrimeAxess 2, LLC are important in conveying who we are and what we do.
Company profile
Ticker
MMMM
Exchange
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
MINERAL MOUNTAIN MINING & MILLING CO
SEC CIK
Corporate docs
IRS number
820144710
Investment data
Securities sold
Number of investors
Calendar
22 Feb 21
18 Apr 21
30 Sep 21
Financial summary
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 516.98K | 516.98K | 516.98K | 516.98K | 516.98K | 516.98K |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 186.89K | 387.34K | 188.18K | 124.78K |
| Cash used (since last report) | n/a | n/a | 676.1K | 1.4M | 680.78K | 451.41K |
| Cash remaining | n/a | n/a | -159.12K | -884.29K | -163.8K | 65.57K |
| Runway (months of cash) | n/a | n/a | -0.9 | -2.3 | -0.9 | 0.5 |
Content analysis
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H.S. senior Avg
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New words:
alia, allocate, Bank, breach, Cavalry, defendant, duty, fiduciary, fulfill, Index, individually, inter, KinerjaPay, LC, lender, LP, Modification, offset, Open, owed, Perpetual, plaintiff, post, previously, Redeemable, remaining, restated, revaluation, Revival, SEA, single, Standstill, superseded, tender, tranche, unchanged, Volume, VWAP, warrant, Weighted
Removed:
advanced, affiliate, affiliated, assume, attached, aware, Ben, Black, Calculation, collectively, contract, counsel, disclosing, disposal, earned, estimated, exercised, exhibit, family, formation, free, Hahn, Harvest, Jefferson, letter, limitation, Maximum, member, negotiated, Nguyen, notice, option, percent, Porterfield, prepaid, promotion, promotional, reimbursement, renegotiate, resale, rescinded, returned, set, settlement, stating, strike, subsidiary, terminated, unissued, volatility
Financial reports
10-Q/A
2021 Q1
Quarterly report (amended)
22 Feb 21
10-Q
2021 Q1
Quarterly report
22 Feb 21
NT 10-Q
Notice of late quarterly filing
16 Feb 21
10-K
2020 FY
Annual report
12 Jan 21
NT 10-K
Notice of late annual filing
28 Dec 20
10-Q/A
2020 Q3
Quarterly report (amended)
31 Aug 20
10-Q/A
2020 Q3
Quarterly report (amended)
28 Aug 20
10-Q
2020 Q3
Quarterly report
19 Aug 20
NT 10-Q
Notice of late quarterly filing
13 Aug 20
10-Q/A
2020 Q2
Quarterly report (amended)
25 May 20
Current reports
8-K
The iCan Benefit Acquisition is expected to add approximately $37 million in Annual Premium
9 Oct 20
8-K/A
Other Events
21 May 20
8-K
Other Events
14 May 20
8-K
Other Events
18 Feb 20
8-K
Changes in Registrant's Certifying Accountant
6 Jan 20
8-K
Other Events
19 Dec 19
8-K/A
Departure of Directors or Certain Officers
1 Dec 19
8-K
Departure of Directors or Certain Officers
22 Oct 19
8-K
Securities Purchase Agreement
20 Aug 19
8-K
Changes in Registrant's Certifying Accountant
15 Aug 19
Registration and prospectus
S-1/A
IPO registration (amended)
1 Mar 19
S-1/A
IPO registration (amended)
26 Feb 19
S-1/A
IPO registration (amended)
22 Jan 19
RW
Registration withdrawal request
30 Nov 18
S-1/A
IPO registration (amended)
27 Nov 18
S-1
IPO registration
15 Oct 18
D
$500K in equity, sold $106K, 3 investors
26 Feb 18
DRS
Draft registration statement
26 Feb 18