Harland Group LLC Amends Quotemedia Stake

TL;DR

Harland Group LLC just updated their Quotemedia (QMTR) filing - watch this space.

AI Summary

Harland Group LLC, through Michael H. Giles, filed an amendment (No. 2) to its Schedule 13D on November 22, 2024, regarding its holdings in Quotemedia, Inc. The filing indicates a change in the reporting person's beneficial ownership of Quotemedia's common stock. Specific details on the exact percentage change or new ownership stake are not provided in this excerpt.

Why It Matters

This filing signals a potential shift in control or influence over Quotemedia, Inc. by a significant shareholder, which could impact the company's stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.

Key Numbers

• 2 — Amendment Number (Indicates this is the second update to the original filing.)

Key Players & Entities

• Harland Group LLC (company) — Reporting Person
• Michael H. Giles (person) — Reporting Person
• Quotemedia, Inc. (company) — Subject Company
• Joseph F. Bailey (person) — Legal Counsel
• Perkins Coie LLP (company) — Legal Counsel

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
• $259,250 — up used cash in the aggregate amount of $259,250 from its working capital to purchase an
• $135,121 — up used cash in the aggregate amount of $135,121 from its working capital to purchase an

Filing Documents

• d815695dsc13da.htm (SC 13D/A) — 52KB
• 0001193125-24-264507.txt ( ) — 53KB

of the Schedule 13D is hereby amended and restated in its entirety as follows

Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows: This Schedule 13D is being jointly filed by (i) Harland Group LLC (Harland Group), and (ii) Michael H. Giles. Each of the foregoing is referred to as a Reporting Person and collectively as the Reporting Persons. Michael H. Giles is the sole member and sole manager of Harland Group and exercises voting and dispositive power over the shares of the Issuers Common Stock held by Harland Group. This Schedule 13D relates to the shares of the Issuers Common Stock directly owned by Harland Group. As a result of the foregoing, as of the date of this Schedule 13D, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Harland Group may be deemed to beneficially own approximately 9.9% of the shares of the Issuers Common Stock, and Mr. Giles may be deemed to beneficially own approximately 9.9% of the shares of the Issuers Common Stock each outstanding as of November 4, 2024, as reported on the Issuers Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, filed with the Securities and Exchange Commission on November 14, 2024 (the Report Date). The principal business address of the Reporting Persons is 1220 Main Street, Suite 400, Vancouver, WA 98660. The principal business of Harland Group is investments. The principal occupation of Michael H. Giles is an entrepreneur and investor. Neither the Reporting Persons, nor, to the best knowledge of the foregoing, any of their controlling persons, have been, during the last five years, convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). Neither the Reporting Persons, nor, to the best knowledge of the foregoing, any of their controlling persons, have been, during the last five years, party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is

of the Schedule 13D is hereby amended and supplemented as follows

Item 3 of the Schedule 13D is hereby amended and supplemented as follows: On September 1, 2023, Harland Group used cash in the aggregate amount of $259,250 from its working capital to purchase an additional 850,000 shares of Common Stock reported herein. No borrowed funds were used to purchase any of those shares. On November 20, 2024, Harland Group used cash in the aggregate amount of $135,121 from its working capital to purchase an additional 702,000 shares of Common Stock reported herein. No borrowed funds were used to purchase any of those shares. Item5. Interest in Securities of the Issuer.

(a) of the Schedule 13D is hereby amended and restated in its entirety as follows

Item 5(a) of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) Harland Group directly owns 8,956,735 shares of Common Stock of the Issuer, representing approximately 9.9% of the shares of Common Stock of the Issuer outstanding. Mr. Giles may be deemed to beneficially own the 8,956,735 shares of Common Stock of the Issuer owned directly by Harland Group. The aggregate percentage of Common Stock of the Issuer reported in this Item 5 and set forth in Row 13 of the cover pages filed herewith is calculated based upon 90,477,798 shares of Common Stock of the Issuer outstanding as of November 4, 2024, as reported on the Issuers Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, filed with the Securities and Exchange Commission on November 14, 2024.

(b) of the Schedule 13D is hereby amended and restated in its entirety as follows

Item 5(b) of the Schedule 13D is hereby amended and restated in its entirety as follows: (b) Each of Harland Group and Michael H. Giles, as the sole member and sole manager of Harland Group, has shared power to vote or to direct the vote and shared power to dispose of or to direct the disposition of the 8,956,735 shares of Common Stock of the Issuer owned directly by Harland Group.

(c) of the Schedule 13D is hereby amended and supplemented as follows

Item 5(c) of the Schedule 13D is hereby amended and supplemented as follows: (c) Set forth in the table below are all transactions in the shares of Common Stock effected during the past sixty days by the Reporting Persons, inclusive of any transactions effected through November 22, 2024. All transactions in the Common Stock were effected on the open market. Reporting Person Date of Transaction Amount of Shares Price Per Share Harland Group 11/20/2024 702,000 $ 0.1925 Except as set forth in this Schedule 13D/A, the Reporting Persons have not effected any transaction in the Common Stock, or securities convertible into, exercisable for or exchangeable for, shares of Common Stock in the last 60 days. Item6. Contracts, Arrangements, Understandings or Relationships WithRespect to Securities of the Issuer. Effective January 30, 2023, Harland Group transferred the 238,703 shares of Common Stock it owned directly to FinTech HQ pursuant to a loan arrangement between Harland Group and FinTech HQ. Effective September 28, 2023, FinTech HQ dissolved and transferred the 7,404,735 shares of Common Stock of the Issuer it owned directly to Harland Group. Except as set forth in this Schedule 13D/A, there are no contracts, arrangements, understandings or relationships between the Reporting Persons and any other person, with respect to the Common Stock of the Issuer.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: November 22, 2024 HARLAND GROUP LLC By: /s/ Michael H. Giles Michael H. Giles, Sole Manager/Sole Member /s/ Michael H. Giles Michael H. Giles

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View this SC 13D/A filing on SEC EDGAR