Yeah - funny no one else would be willing to buy these assets except relatives of directors and officers?
We need to start seeing some offensive moves (actions, not plans) in the next 90 days or I will sell my long stake, and sell short, as this thing will be under a buck in 2014 without some strategic moves.
As discussed further below, on December 9, 2013, QC completed the sale of substantially all the assets of its automotive sale and finance business to an unaffiliated limited liability company (“Buyer”). The members of that limited liability company include (as minority owners) Melissa Carter and her husband, Andre Carter. Ms. Carter is the daughter of Mary Lou Early, the Vice Chairman of the Board of Directors of QC Holdings, Inc., and the sister of Darrin J. Andersen, the President and Chief Executive Officer of QC Holdings, Inc. Mr. Carter is the son-in-law of Mrs. Early, and the brother-in-law of Mr. Andersen.