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Harland Group lifts QuoteMedia (QMCI) ownership to 11.1% with purchase

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Harland Group LLC and Michael H. Giles report an 11.1% ownership position in QuoteMedia, Inc. Harland Group directly holds 10,007,735 shares of QuoteMedia common stock, representing 11.1% of the 90,477,798 shares outstanding as of May 1, 2026. Michael H. Giles, as sole member and manager of Harland Group, may be deemed to share beneficial ownership and voting and dispositive power over these shares.

On August 3, 2026, Harland Group purchased 1,051,000 QuoteMedia shares in open-market transactions at $0.157 per share, using $165,007 of its working capital and no borrowed funds. The ownership position also reflects shares previously held by FinTech HQ Inc., which transferred its holdings to Harland Group upon its dissolution.

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Beneficial ownership 10,007,735 shares of Common Stock Shares beneficially owned by Harland Group LLC and Michael H. Giles as of the Report Date
Ownership percentage 11.1% Percent of QuoteMedia common stock beneficially owned based on shares outstanding as of May 1, 2026
Shares outstanding 90,477,798 shares QuoteMedia common shares outstanding as of May 1, 2026, per Form 10-Q
Recent shares purchased 1,051,000 shares Common shares purchased by Harland Group on August 3, 2026
Purchase price per share $0.157 per share Price paid by Harland Group in the open-market purchase on August 3, 2026
Aggregate cash used $165,007 Total cash from working capital used by Harland Group to buy 1,051,000 shares
Prior FinTech HQ holdings 7,166,032 shares QuoteMedia shares formerly owned by FinTech HQ Inc. and transferred to Harland Group upon dissolution
beneficially own regulatory
"may be deemed to beneficially own approximately 11.1% of the shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power regulatory
"exercises voting and dispositive power over the shares of Common Stock"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
working capital financial
"used cash in the aggregate amount of $165,007 from its working capital"
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
open market market
"purchased 1,051,000 shares of Common Stock in the open market at a price"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Joint Filing Agreement regulatory
"Exhibit 1 - Joint Filing Agreement, dated August 5, 2026"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake in QuoteMedia (QMCI) does Harland Group report in this Schedule 13D/A?

Harland Group reports beneficial ownership of 10,007,735 QuoteMedia common shares, equal to 11.1% of the company’s 90,477,798 shares outstanding as of May 1, 2026, based on QuoteMedia’s Form 10-Q disclosure.

How many QuoteMedia (QMCI) shares did Harland Group recently purchase and at what price?

On August 3, 2026, Harland Group purchased 1,051,000 QuoteMedia common shares in the open market at $0.157 per share. The purchases increased its holdings to 10,007,735 shares, all reported as beneficially owned together with Michael H. Giles.

How much cash did Harland Group invest to acquire additional QMCI shares?

Harland Group used $165,007 of cash from its working capital to buy 1,051,000 QuoteMedia shares. The report states that no borrowed funds were used for these transactions, indicating the purchases were funded entirely from internal resources.

What is Michael H. Giles’s relationship to Harland Group and QuoteMedia (QMCI) shares?

Michael H. Giles is the sole member and sole manager of Harland Group and exercises voting and dispositive power over its QuoteMedia shares. As a result, he may be deemed to beneficially own 10,007,735 shares, or 11.1% of QuoteMedia’s outstanding common stock.

How did FinTech HQ Inc. factor into Harland Group’s current QMCI holdings?

Before September 28, 2023, FinTech HQ Inc. directly owned 7,166,032 QuoteMedia shares, with Harland Group as its sole stockholder. When FinTech HQ dissolved, it transferred all of those shares to Harland Group, contributing to Harland Group’s current 10,007,735-share position.

Did the reporting persons use any borrowed funds to acquire their latest QuoteMedia (QMCI) shares?

No. The report specifies that Harland Group used $165,007 from its working capital to purchase 1,051,000 QuoteMedia shares and that no borrowed funds were used to buy any of those shares in the recent transaction.





749114104

(CUSIP Number)
Michael H. Giles
Harland Group LLC, 1220 Main Street, Suite 400
Vancouver, WA, 98660
(888) 994-4552


Joseph F. Bailey
Ashurst Perkins Coie US LLP, 1120 NW Couch Street, 10th Floor
Portland, OR, 97209
(503) 727-2000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/03/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Harland Group LLC ("Harland Group") directly owns 10,007,735 shares of Common Stock of the Issuer, representing approximately 11.1% of the 90,477,798 shares of Common Stock of the Issuer outstanding as of May 1, 2026, as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission ("SEC") on May 14, 2026. Prior to September 28, 2023, FinTech HQ Inc. ("FinTech HQ"), a corporation of which Harland Group was the sole stockholder, directly owned 7,166,032 shares of Common Stock of the Issuer. On September 28, 2023, FinTech HQ dissolved and transferred all of its shares of Common Stock of the Issuer to Harland Group. Michael H. Giles is the sole member and sole manager of Harland Group, exercises voting and dispositive power over the shares of Common Stock of the Issuer owned by Harland Group and may be deemed to beneficially own the 10,007,735 shares of Common Stock owned directly by Harland Group, or 11.1% of the shares of Common Stock deemed issued and outstanding as of the filing date of this report (the "Report Date").


SCHEDULE 13D




Comment for Type of Reporting Person:
Harland Group directly owns 10,007,735 shares of Common Stock of the Issuer, representing approximately 11.1% of the 90,477,798 shares of Common Stock of the Issuer outstanding as of May 1, 2026, as reported on the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026. Michael H. Giles is the sole member and sole manager of Harland Group, exercises voting and dispositive power over the shares of Common Stock of the Issuer owned by Harland Group and may be deemed to beneficially own the 10,007,735 shares of Common Stock owned directly by Harland Group, or 11.1% of the shares of Common Stock deemed issued and outstanding as of the Report Date.


SCHEDULE 13D


Harland Group LLC
Signature:/s/ Michael H. Giles
Name/Title:Michael H. Giles, Sole Manager/Sole Member
Date:08/05/2026
Michael H. Giles
Signature:/s/ Michael H. Giles
Name/Title:Michael H. Giles
Date:08/05/2026