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People trying to pump this into earnings, thats all. Company reported horribly last Q and i expect not much different this Q. Chinese demand and growth is slowing. This is just pumpers getting people excited for this quarter, based on no real facts, so im sure they can short into earnings. Idk what the numbers will be, but i doubt tey will be good. I expect it getting pumped up in premarket just to come crashing down once the regular trading session starts
Just got the Small cap IR notification on this. Board isn't very active. What's going on here?
QKL Stores Inc. Announces Reporting Date for First Quarter 2015 Financial Results
Source: PR Newswire (US)
DAQING, China, May 14, 2015 /PRNewswire/ -- QKL Stores Inc. (the "Company") (Nasdaq: QKLS), a leading regional supermarket chain in Northeastern China, today announced that the Company will report its first quarter 2015 financial results before the market open on Friday, May 15, 2015.
Management will host a conference call at 8:30 am ET on Friday, May 15th. To participate, please dial one of the local access numbers, listed below.
Participant Dial In (Toll Free):
1-877-870-4263
Participant International:
1-412-317-0790
Canadian Dial In (Toll Free):
1-855-669-9657
China (N) Toll Free:
4001-201203
Beijing-Local Toll:
852-301-84992
Hong Kong Toll Free:
852-301-84992
About QKL Stores Inc.:
Based in Daqing, China, QKL Stores, Inc. is a leading regional supermarket chain company operating in Northeastern China. QKL Stores sells a broad selection of merchandise, including groceries, fresh food, and non-food items, through its retail supermarkets, hypermarkets and department stores; the company also has its own distribution centers that service its supermarkets. For more information, please access the Company's website at: www.qklstoresinc.com.
Contact Information
QKL Stores, Inc.
In China:
Mike Li, Investor Relations
+86-459-460-7987
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/qkl-stores-inc-announces-reporting-date-for-first-quarter-2015-financial-results-300083238.html
SOURCE QKL Stores Inc.
Copyright 2015 PR Newswire
Got some $2.55's today...I think they'll be looking really nice soon!!
Wow after hours HUGE t trade
Someone saw NEWS
Yessssss news posted watch and thank the lord
.5 dollars in 10bmin
MORE NEWS
Boooom
Acquired 50 percent for 40 million dollars
Just released price to move to over 10 dollars per share.
LOADING NOW OMG
LoL 7 shares traded the whole day someone needed beer money.
Wow a whole four shares traded today. Will this stock get delisted?
QKLS RECEIVES NASDAQ NOTICE OF DELISTING
Interesting stock. Had a nice pull yesterday and appears to be consolidating. maybe a good time to buy again.
I went long today. The fundamentals are too good so I'm taking an aggressive position. A company that is book value $44, total cash $30 million, worth about $23 cash per share. Market cap is 11 million. Trades at $7, hidden gem that flies over $20 soon or maybe a bust. This is the only article I can find, this is what caused the run from $4 and up.
http://seekingalpha.com/article/1593562-how-qkl-stores-inc-could-be-valued-over-10
Awesome post man. Just heard of this company today. Looking forward to reading all the links you posted.
up 70% very nice charts! Wish I had this on a scan!
QKLS- TIME TO BUY
~ Monday! $QKLS ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $QKLS ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=QKLS&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=QKLS&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=QKLS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=QKLS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=QKLS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=QKLS
Finviz: http://finviz.com/quote.ashx?t=QKLS
~ BusyStock: http://busystock.com/i.php?s=QKLS&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=QKLS >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Investors Sink $15.5M into Chinese Grocery Stores
Posted April 07, 2008 11:15AM PST
Shell company Forme Capital reverse merged with a Chinese supermarket operator and raised $15.5 million in a private placement of convertible preferred stock and warrants. Investors included Vision Capital Advisors and Guerrilla Capital Management.
Forme merged with Speedy Brilliant Group, which controls Daqing Qingkelong Chain Commerce & Trade Co., an owner and operator of 18 supermarkets, one convenience store and one department store in northeast China's Heilongjiang Province.
Qingkelong generated $93.1 million in revenue in its 2007 fiscal year, $74.9 million in fiscal 2006, and $53.7 million in fiscal 2005.
Forme's shares closed at $3.01 on April 2.
Filing: 8-K
DAQING, PRC, March 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- Forme Capital, Inc. (the "Company") (FOCP) today announced the acquisition of Speedy Brilliant Group limited. Speedy conducts its business through Daqing Qingkelong Chain Commerce & Trade Co., Ltd. ("QKL"), a retail company that owns and operates 20 retail stores in northeast China's Heilongjiang Province, including 18 supermarkets, one convenience store and one department store. These stores have a total area of approximately 45,000 square meters, and an average of 2,500 square meters. Also on March 28, 2008, the Company completed a private placement of $15.5 million through the sale of Units, including shares of its Series A Convertible Preferred Stock and attached warrants. The Series A Convertible Preferred Stock is convertible into an aggregate of 9,117,647 shares of the Company's common stock at the option of the holders of such Series A Convertible Preferred Stock. Along with the Series A Convertible Preferred Stock, the Company sold, for no additional consideration, two series of warrants, Series A and B. The Series A and B warrants are exercisable on a one-for-one basis into an aggregate of 11,397,058 shares of the Company's common stock. Each of the warrants has a five year term. The exercise prices of the Series A and Series B Warrants are $3.40 and $4.25 per share, respectively. Over the past three years, QKL's business has shown significant growth with revenues increasing to $93,138,713 for the fiscal year ended December 31, 2007 from $74,896,858 for the fiscal year ended December 31, 2006 and from $53,724,865 for the prior year. Comprehensive income was $6,318,086 for the fiscal year ended December 31, 2007, an increase from $5,110,855 for the fiscal year ended December 31, 2006 and from $3,458,041 for the prior year. Mr. Zhuangyi Wang, the Chief Executive Officer of the Company stated, "The closing of our reverse merger transaction and financing provide us with the capital investment we need to not only continue the growth of Qingkelong's business, but to accelerate that growth. We can now focus on expansion of our chain stores and growing our revenues while maintaining profitability." The Company will file a Current Report on Form 8-K with the Securities and Exchange Commission within the required time period, which Report will disclose detailed information about the Company and its subsidiaries, including financial statements for the fiscal years ended December 31, 2007, 2006 and 2005, and further details regarding the transactions disclosed above. Forward-looking Statements Statements made in this news release, may contain forward looking statements concerning the Company's business and products. The actual results may differ materially depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, market acceptance, additional competition from existing and new competitors, and various other factors beyond its control. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release. Daqing Qingkelong Chain Commerce & Trade Co., Ltd. Daqing Qingkelong Chain Commerce & Trade Co., Ltd. ("QKL") is a regional supermarket chain company that operates 20 retail stores in northeast China's Heilongjiang Province, including 18 supermarkets, one convenience store and one department store. These stores have a total area of approximately 45,000 square meters, and an average of 2,500 square meters. The stores are known for excellent selection of fine meats and fresh produce, and the meat department generates significant profits. QKL has two distribution centers servicing the supermarkets. QKL is the only supermarket company in northeastern China that is a licensee of the Independent Grocers Alliance, or IGA, a U.S.-based global grocery network with aggregate retail sales of more than $19.1 billion per year. As a licensee of IGA, QKL is able to engage in collective bargaining with suppliers and have access to more than 2,000 private IGA brands, including many that are exclusive IGA brands. SOURCE Forme Capital, Inc.
watching for entry
Are you in this one atout? Have you gotten your shares?
TDA draggin their asses as usual.
Just did a 1 for 9 R/S
O/S was 12,715,100
Insiders owned 11,824,200
O/S now is 1,412,789
Insiders now own 1,313,800
93% insider owned
My best guess 98,989 trading in public
Today's price 3.02
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
SECURITIES PURCHASE AGREEMENT
On March 14, 2007, the Company entered into a Common Stock Purchase
Agreement (the "Purchase Agreement") with Synergy Business Consulting, LLC (the
"Forme Capital Stock Purchaser"), pursuant to which it acquired 11,824,100
shares of outstanding Common Stock of the COmpany from an existing shareholder
in a private transaction for the purchase price of $550,000. The acquisition of
shares by the Forme Capital Stock Purchaser pursuant to the Purchase Agreement
and from the existing shareholder is collectively referred to herein as the
"Purchase".
ITEM 5.01 CHANGE IN CONTROL OF THE REGISTRANT
Upon the closing of the Purchase, the Forme Capital Stock Purchaser
acquired an aggregate of 11,824,200 shares of Common Stock, or approximately
92.99% of the issued and outstanding Common Stock, and attained voting control
of the company. The source of funds used by the Wincroft Stock Purchaser was
their respective working capital.
nice..i'll keep my eyes peeled.
It's flat lined but reporting. And DW is President...
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