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In case any of you are wondering where the endless supply of shares may be coming from
"During the year ended May 31, 2024, $1,344,207 of the senior convertible notes (plus interest) was converted to 15,508,451
common shares."
imho 😂
Another good day of volume so far....keep it coming
We made a higher high today, not a 52 week high (.0597) but close and with another day of good volume. Looking good for a start in 2025...GLTA & Happy New Year
QGSI $$$ COULD BE THE NEXT MONSTER GEM IN THE MAKING, COULD BE THE NEXT RG*TI...
QGSI on watch today , looks mini small SS and only 0.049, Quantum
Did you see the tiny structure that is not normal - such a tiny structure and only 0.049 and also active in the quantum and ai area. ...... so here with $QGSI we have found an undiscovered gem
imho
let's ride this thing to the dollar or for more
2.28mil trading volume today....closing at the high....looking good...GLTA
nice one grabbed some here for trade got in just in time
NOW monsta BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM LIKE QNCCF TO DOLLARLAND
imho
$QGSI look at the super small tiny structure of this unnoticed Quantum jewel, this hot Quantum stock has no attention yet and with this structure $QGSI should easily run towards the dollar
imho
Volume has really spiked up the last week. Hoping for continuation and much higher share price....GLTA
12 Dec 2024 13 Dec 2024 16 Dec 2024 17 Dec 2024 18 Dec 2024
1,540,631 1,258,649 1,724,601 661,168 641,957
Staved off the RS for now, oh well cannot win them all 😂
What is the O/S here?
.0046 😂
Company now has 90 days to get over a penny for a 10 day period
Question remains what the ratio for the RS will be...
I say 1:20 imho
Gross incompetence at its finest!!
imho
.005 😂
R/S anytime imho
New 52 week low 😂, R/S in the next 10-14 days IMHO lol
imho
LMAO 😂
Possible delist and most certain R/S
imho
Subbies almost here and then a R/S imho 😂
Tread carefully..
imho
The pump part 52 😂
Just don't overstay your welcome folks, as the RS is inevitable here imho
Fluff Pr's persist 😂
What is this dogshit 💩
I'd short it if it wasn't already close to 0 lol
The fluff PR's persist 😂
Add another 13,333,333 shares to the already bloated share structure on todays news 😂
Going absolutely nowhere without a RS, 300 mil/OS is not acceptable anymore, especially with 0 revs and a Disney cast of characters at the helm!!!
The AI theme cannot create miracles
High today .259....next resistance .269 then the highest high of .3327......wonder how high they will let it go before squashing it again....GLTA
Wait till they decide to R/S this pos, only a matter of time imho
QGSI Scam, O/S: 283 M. Revenue: $0, Deficits; $12 M (huge), cash; $62k,
Good Pump and Dump Scam by the insiders who have been dumping their Worthless shares to the idiots..
https://www.otcmarkets.com/otcapi/company/financial-report/372899/content
Outstanding Shares 284,224,219 04/03/2023
Restricted 252,099,519 04/03/2023
Unrestricted 32,124,700 04/03/2023
https://stockcharts.com/h-sc/ui?s=QGSI&p=D&yr=0&mn=6&dy=0&id=p38090673899
https://www.barchart.com/stocks/quotes/QGSI/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100
https://www.barchart.com/stocks/quotes/QGSI/opinion
Ai theme not going away like to get some 03s but not sure bid was present all day.
Quiet board, but quarterly & stock-scans ignited interest...
AI & crypto been running - will it stick?
Can we get 7s next?
Who knows - $CEOS showed similar action earlier this month & got a 2nd push.
We never ever know...
Trade 'em well!
QGSI...position status.....
Regarding the private message I received asking about my current thoughts on QGSI.....
This could end up being a very bad investment decision on my part, but I sold my position in QGSI. I was not comfortable with this proposed merger with CoinAnalyst, and I was growing increasingly uncomfortable about the lack of transparency on a couple of major press releases (corporate developments). Neither QGSI nor CoinAnalyst would respond to emails, so at this point I am just more comfortable moving my money into other opportunities.
Regarding the CoinAnalyst merger:
1) It looks like the burn rate of the combined company will be fairly high.
2) The exact details of how this will be implemented have not been disclosed yet, but it looks like this could turn out to be a bit of a messy or complicated situation. I have zero interest in owning a stock that trades on the Canadian exchange. As far as I am aware TD Ameritrade does not allow trading of foreign stocks, so I don't want to deal with the headaches of trying to get my position moved to a platform that allows me to trade it. Maybe QGSI will set up a "F" equivalent stock for United States shareholders, but I don't know how the mechanics of that would work out.
If anything about this merger were to make it more difficult (and/or more expensive) to trade my shares, I just don't think I would be interested in dealing with it.
Lack of transparency on corporate developments:
I am a generally patient investor and realize that things might not always materialize exactly how the company expects. But I do have some limits on what I find acceptable or not. The company issued two press releases in the last year or so disclosing very major transactions (a $1M investment from a third party -- 8/25/2021, and the CEO acquiring 90M shares -- 7/6/2022). Subsequent quarterly filings from QGSI do not appear to show any evidence these transactions actually occurred. The first press release was a red flag for me, but I was willing to give the company some leeway on it. This second press release was the final straw for me. The lack of transparency on these two items does not sit well with me.
Part of me wonders if instead of the CEO actually acquiring those 90M shares, maybe the sisters who owned those shares are just going to return those shares to treasury and the company will cancel them. If the share numbers and percentages disclosed in the merger press release are accurate, the only way this merger can be completed is if QGSI cancels around 90M shares. Otherwise the percentages (QGSI = 97%, CoinAnalyst = 3%) simply do not work.
No matter what the situation is, QGSI needs to provide better transparency on issues where filings seem to directly contradict information the company has issued in press releases.