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Million shares at .0001 who want them?
This company is getting revoked!
http://www.sec.gov/litigation/admin/2014/34-72417.pdf
King. ..great hearing from you. It has been years. ..almost. No, I would never buy back in. What do you like nowadays?
Yes it is. And anyone thinking that QMIN is going to trade again for real hasn't done their homework.
Is this still the same coal company that swindled us several years ago?
At some point he has to file that exempt from filing form or it will get halted. Now we are on the grey sheets temporarily. Any ideas of time frame. Someone did buy 100 million shares 4 months ago. They dont do that by chance.
Wow you are a heavy hitter. You own a boat load! Who wants my 100k shares at 0.0003
Here's something to get you excited then. I have 15,086,000 for sale @ .0002. Have at it big guy!
Someones dumped 3M shares at the all time low 0.0001! Why? Who are those very lucky buyers? Anyway my buying order has no any fill yet! Hope to see the weak hands to sell more shares at the lowest possible price which is huge discount compared to the most recent highs 0.0012 ~ 0.002...
99.99% this will be revoked within 120 days. Mark this post
I did. There is no such 120-day rule! BK has nothing to do with the SEC action! Let's wait for four months to see if any further action... I bet nothing would happen then based on my experience with the other suspended stocks like osrc/wlkf (both are all lift over six months already) etc..
Suggest you read the Adminstrative proceeding doc. Yes, gene can all of a sudden file years of past due Q's and K's, but Gwenco went BK.
99.9% chance this will be revoked within 120 days.
Any fact or evidence to support your statement? LOL, There is no the so-called 120-day event! If the CEO files the required reports with the SEC within certain time period QMIN will be upgraded to the OTCNI tier ("STOP" sign) again... Anyway very nice low float and OS without any dilution for over three years!
only to be revoked within the next 120 days
You are right. LOL! I never read the filing by SEC. It was a temporary 10 day suspension.
LOL, QMIN's ten-day suspension was lift yesterday! So it is backing to the trade-able status now! You can place the order to buy or sell...
What are you talking about? This stock is dead.
Good news! QMIN did back to trading today! The CEO should do something to reward the shareholders if he still has any conscience!
Pedro,
Not sure if your still around but its finally suspended.
http://www.sec.gov/litigation/admin/2014/34-72417.pdf
Do you happen to know the case number which named the landowners in Kentucky against Tarun Mendiratta? I could not locate it in PACER.
Eugene knew this was coming for years.
He was in violation of Industry Guide 7 and he could not fully answer the sec's comments without implicating Tarun Mendiratta who was already busted by the sec and FBI for other securities violations.
The form 15-12(g) was never coming, he had to be current in his filings up to the date he submits a 15-12(g). That was not going to happen for the above reasons plus the admin order taken against him and his son.
http://www.sec.gov/litigation/admin/2014/34-72417.pdf
http://www.sec.gov/Archives/edgar/data/1130126/000114420411022609/filename1.htm
So much for the lotto play. Ohh well write offs are part of the game. These fools knew this was coming and did nothing.
Thanks Renée,
Its about time!
QMIN SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72416.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72416-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72417.pdf
Well, QMIN did explode to 0.0012 and 0.002 most recently without any news or updating at all! Buying-at-the-ask will drive any stock up without any news which is the most powerful way to lift the price!
Keeping my fingers crossed.
Yes it does. I would hope at some point there will be an update and then things will roll.
It needs very strong slapping at the ask in order to take out the "wall" of 0.0004s of which near 10M shares were bought at 0.0002s!
Wow, up 100% now! 18.377M-0.0002 x 14.377M-0.0004 now.
Dont know. I will hold this for a few more months.
You meant the real high was 0.0012, not 0.002 in the most recent run? How many shares sold at 0.002 anyway? TIA!
.002 was a opening bell pre trade. It was never legit like in March that hit 0.0012
Who dumped millions of shares at 0.0002 after QMIN hit the new high 0.002 recently? Why? Anyway 1 share dumped at the bid so far, LOL! Who did it? Why pay $10 or more commission to sell $0.0002 worth of share, LOL?
Too many shares ask at 0.0004! Anyway 0.0002 x 0.0003 now. 0.0001 again very soon?
Disagreed! Once the number of shareholders is less than 300 they can always file the Form 15-12G to suspend the filing liability!
Might have had something to do with this.
http://www.sec.gov/Archives/edgar/data/1130126/000000000011044562/filename1.pdf
He already had the first enforcement action. Perhaps it was better to run and hide?
Re: Kentucky Energy, Inc.
Form 10-K for Fiscal Year Ended December 31, 2009
Filed April 15, 2010
Form 10-Q for Fiscal Quarter Ended June 30, 2010
Filed August 23, 2010
Response Letter Dated January 21, 2011
File No. 000-32131
Thanks for your Info., my friend! Did you ask him why he didn't file the Form 15-12G?
Check out my post 22240. QMIN had the contact number.
What did he say regarding to the merger? Do you have his contact number? TIA!
I see. Will QMIN surge back to the most recent high 0.002 again? It is 10-bagger from here anyway!
I contacted him months ago read my older posts. Could be something in the cards but no guarantees.
Another poster stated that not me!
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http://www.otcmarkets.com/stock/QMIN/company-info
Quest minerals & mining corp:
Quest Minerals & Mining acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest is a holding company for Quest Energy, Ltd., and Gwenco, Inc. Gwenco leases over 700 acres of coal mines, with approximately 12,999,000 tons of coal in place. In 2007 Gwenco had reopened Gwenco's deep mine at Pond Creek and has begun production at the Pond Creek seam. This seam of high quality compliance coal is located at Slater's Branch, South Williamson, Kentucky. Quest Minerals & Mining plans to open another seam by years end. (www.questmining.net )
Coal Reserves:
Quest estimates that, as of December 31, 2006, it has total recoverable reserves of approximately twelve million tons consisting of both proven and probable reserves. "Reserves" is that part of a mineral deposit, which could be economically and legally extracted or produced at the time of the reserve determination. "Recoverable" reserves mean coal that is economically recoverable using existing equipment and methods under federal and state laws currently in effect. Approximately nine million tons of Quest's reserves are classified as proven reserves. None of Quest's reserves are classified as probable reserves. The degree of assurance, although lower than that for proven (measured) reserves, is high enough to assume continuity between points of observation.
MOST RECENT PICTURES OF THE POND CREEK MIND IN PRODUCTION!
Here is the Link to the Hosted Pictures: http://good-times.webshots.com/album/564208392XwLAnt?start=0
These are from a Poster on Stockhouse. His name is Bigpaulbunyon. During his Trip he had several conversations with Management, here are links to his Posts: Kentucky Part1 & Kentucky Part 2
Mining Contract Info:
http://viewer.zoho.com/docs/mSacc5 http://viewer.zoho.com/docs/hl7le
Spot Coal Prices: http://www.eia.doe.gov/cneaf/coal/page/coalnews/coalmar.html
Recent Press Releases
SEC Filings
"Plan of Reorganization" for QMIN's subsidiary Gwenco, Inc.
-SOMETHING EXTRA IN THE NEWS IN KENTUCKY THAT WILL DIRECTLY AFFECT US!
Plans are unveiled for a four billion dollar coal to liquid fuel plant in eastern Kentucky. Officials say they already know where it will be built in Pike County. Leaders didn't announce an official plant Monday, but announced their plan to get one here. A one year study shows the Big Shoal site in Pikeville is the best spot, and now state and federal officials are jumping on board, saying Monday we need to build this to slash gas price, and help the Appalachian economy. Pike County and state leaders say billions of tons of coal leaves the region. "We want that to change," says Wayne T. Rutherford, Pike County Judge-Executive.
Instead, the plan is to keep it in eastern Kentucky, and go to Pike County and turn into liquid fuel. "To produce our own transportation fuels with our own people, and we need to be doing that," says Rep. Rocky Adkins, House Majority Leader "(This) will allow the United States to become energy independent and free of foreign oil, and money going overseas can actually be invested back in the United States," says Kimberly Wells, Summit Engineering.
Local, state, and national Leaders want to build a four billion dollar coal to liquid fuel plant in Pikeville. A study says the Big Shoal Site is the best spot because it is near U.S. 23, a railroad, and an airport, and can easily get coal from Kentucky, West Virginia, and Virginia. Now they're looking at making the plans become a reality.
"Something that can be achieved," says Rep. Adkins. Organizers say the plant will be environmentally friendly and use clean coal technology. "We have to breathe the air like anyone else, and we don't want to do anything to the ozone. We don't want do damage it," says Rutherford. Officials say they don't want to use taxpayer dollars to build it, and instead are looking for investors to pay the four billion dollar price tag."To us, that is a whole lot of money, but it is not in the energy crisis," says Rutherford. Developers believe the money will be well-spent, saying it will instead pay for itself in the long run and create thousands of jobs, and pump millions of dollars into Eastern Kentucky."We can turn this into a tremendous opportunity for our people," says Rep. Adkins.But they say this is just the beginning, and there is a lot of work before it will be a reality. State leaders say the energy incentives passed last year are already drawing interest for investors. Senator Jim Bunning plans to discuss this in Washington in a few months as well.
Rutherford also says the air force says they're on board to buy the liquid fuel and help where needed.
Plans are unveiled for a four billion dollar coal to liquid fuel plant in eastern Kentucky.Officials say they already know where it will be built in Pike County.Leaders didn't announce an official plant Monday, but announced their plan to get one here.
A one year study shows the Big Shoal site in Pikeville is the best spot, and now state and federal officials are jumping on board, saying Monday we need to build this to slash gas prices, and help the Appalachian economy.
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