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$QTCI Look at her now. Been getting #DDAmanda alerts..........
Z
$QTCI: Just tapped $0.45
Could be another ALLR mover here........... you saw what happened there earlier today
GO $QTCI
$QTCI: Wow... LoanBase Australia is the real DEAL !!!!!!!!
https://loanbase.com.au/about-us/
GO $QTCI
$QTCI: Market is Adding here at 0.25..............
Here they come !!!!!!!!!!
Another day like $ALLR or $DRMA, why not
GO $QTCI
Closed today: 0.17 +0.135 +385.71% on 10,000 shares exchanged. WTF
Annual Report out- current assets at $3.3 million up from the previous year. Gross Profit at $367,000 also up. Not bad! Go QTCI
Wow...thought this might see more volume on Pink Current filings.
Nice...thank you
QTCI Now Pink Current
https://www.otcmarkets.com/stock/QTCI/disclosure
Bid support too low...spread too wide.
ZZZZZZZZZZZZZZZzzzzzzzzzzzzz let these shares ride for a while. Only have 2,000 so no big deal.
Only $3.49 to go lol
5k hit at .68. See if that sparks anything.
We'll see...looks like folks have been waiting for well over a year. Was hoping this might get some attention from the FARYF run. Certainly not going to wait for a year.
I have time, they will come when they come.
MBOT
Need FARYF volume here...
Just got to love these low floats!
MBOT
.70 taken out...could move here. 600k float. EDIT: Spoke too soon. CDEL back with 3000 more at .70
Needs volume to do that...
$QTCI: $FARYF just hit $10 from $0.12 yesterday
And our Float here on $QTCI is sooooooooooooooo miniscule.
Watch it take out $4 today with NO PROBLEM whatsoever
GO $QTCI
yea sleeping, but sooner or later they will find what we know.
MBOT
$QTCI: Just had $FARYF go up to $4.99
It was only $0.02 yesterday !!!!!!!!!!!!
HELLOOOOOOOOOO.......... they sleeping here on QTCI !!!!!!!
GO $QTCI
Beauty ain't it?
MBOT
$QTCI: Hard not to take advantage of Stock Deals.
Anything under $4 a steal on this SUPER LOW FLOATER
Now at $0.67
Just sayin
GO $QTCI
wanna bet?
MBOT
QTCI GOT THE STOP SIGN ON.VERY BAD NEWS.THEY STOPPED FILING REPORTS=GREY MARKET OR IT GETS REVOKED WHEN THE NEW SEC RULES HIT ON A COUPLE MONTHS.
https://www.otcmarkets.com/stock/QTCI/security
STOP
Pink No Information
QTCI recently added Raesha Hartz she is an accountant responsible for bringing some of the companies below current, so filings, Verified profile ect should be on the way soon. btw a few of the below companies are some serious companies LIKE GBTC trading over $40 and BRST just went current thats in the $1 plus range.
BRST - Raesha Hartz - Other
Symbol
CANN - Raesha Hartz - Accountant
Symbol
EFSI - Raesha Hartz - Accountant
Symbol
FTDL - Raesha Hartz - Other
Symbol
GBTC - Raesha Hartz - Other
Symbol
QTCI - Raesha Hartz - Other
Symbol
UNIB - Raesha Hartz - Accountant
Symbol
SPHS - Raesha Hartz - Other
Symbol
VCEX - Raesha Hartz - Accountant
MBOT
hold on to your shares something is cooking here
Noticed it had gone up today in my account. Let's see the bid catch up now!
Interesting end of day volume here
Thank you for your response! This stock appears very tightly held, as it was difficult to buy even a small amount yesterday...anyway, I see a lot of money being invested in Hong Kong companies lately.
Interesting, I really don’t know
Any idea if this Hong Kong backed company is still looking for ideas on a reverse merger? With all the trouble Jack Ma's IPO has been put through by the ruling Communist party regulators, maybe the principals in Quantum Capital Inc. can contact him and offer him a reverse merger with this company...?
Debut of Chinese e-finance giant derailed by fear of risks
By JOE McDONALD and ZEN SOO
November 4, 2020
https://apnews.com/article/virus-outbreak-beijing-china-stock-offerings-76f5a176f1e26486c56de6ad505b741e
BEIJING (AP) — The world’s biggest online finance company was racing toward a stock market debut when it was derailed by Beijing’s anxiety about risks in the fledgling industry, jarring global investors and deepening uncertainty about China’s financial markets.
Regulators suspended Ant Group’s record-setting $34.5 billion stock offering two days before trading was due to start in order to “maintain the stability of the capital market” and protect investors, a foreign ministry spokesman, Zhao Lijian, said Wednesday.
Zhao gave no details, but finance experts said the ruling Communist Party is worried the company might be unable to manage financial risks leaders want to contain as China tries to get economic growth back on track after the coronavirus pandemic.
The planned market launch of Ant, spun off from Alibaba Group, the world’s biggest e-commerce company by sales volume, symbolized China’s rebound and added to a string of smaller offerings by biotech and other new companies. In an unusual move, it was due to trade in both Shanghai for mainland investors and in Hong Kong for international buyers.
A brief official announcement Tuesday cited regulatory changes. It gave no details, but authorities have tightened controls on lending by online finance platforms and raised the amount of capital they must have.
The abrupt action might make investors more cautious about China, said Shaun Rein of China Market Research Group in Shanghai, whose clients include hedge funds and institutional investors. He said they are left to wonder whether regulators were worried about risks or acted out of irritation at Ant founder Jack Ma, China’s richest entrepreneur, who publicly complained they hamper innovation.
“Whatever it is, it doesn’t make the system look good,” Rein said. “It makes a lot of global institutional investors more nervous about investing into China.”
Ant said Wednesday it will return subscription fees to investors, suggesting it might be some time before the company is allowed to offer shares to the public.
The ruling party is trying to make the state-dominated financial system more market-oriented and increase access to lending for entrepreneurs who generate most of China’s jobs and wealth. At the same time, it wants to reduce risks due to surging debt that could imperil its financial system. Rating agencies have cut Bejiing’s credit rating for government borrowing.
The latest debacle reflects the collision between those official worries and the ambitions of Ma, who founded Alibaba in 1999 to connect Chinese suppliers with Western customers. It has expanded into consumer e-commerce, film production and other industries.
Ma launched an online payments service, Alipay, in 2004 to facilitate sales in a society where few people had credit cards.
Alipay was split off from Alibaba in 2011 and evolved into Ant Group. In addition to Alipay, Ant operates one of the world’s biggest money market funds and Sesame Credit, a credit rating system. The company was valued at $150 billion after a 2018 round of fundraising, more valuable than all but the biggest global banks.
Ant helped to fuel an online borrowing boom that has pushed up household debt.
“Ant ended up being a poster child for potentially excessive borrowing,” said Martin Chorzempa of the Peterson Institute for International Economics.
Ant Group has invested in payments providers in Southeast Asia and Europe. Last year, it bought British payments company WorldFirst.
Ant promotes itself as a technology company, not a financial institution, but this week’s action suggests regulators rejected that.
Ma irked regulators when he said at a recent financial forum that their focus on risk hampers innovation, according to Chinese media.
“Jack Ma needs a refresher on how financial regulation works,” said the business news magazine Caixin.
At the same forum in Shanghai, Chinese Vice President Wang Qishan said new technologies increased efficiency and convenience but “amplified financial risks,” according to Caixin.
Ant and other private sector, consumer-oriented online finance platforms are making inroads into an industry dominated by state-owned banks that were set up to support government companies, not serve the public.
Ant needs to improve management in some areas to match traditional businesses, said Guo Tianyong, a banking specialist at the Central University of Finance and Economics in Beijing.
“They’re similar to a bank’s credit card business, but internal management isn’t as good as banks,” said Guo. “Of course, we don’t question the quality of Ant Group. But the government must be sure that a company should be operating in compliance with regulation.”
Ant and some others connect borrowers to state banks. But they also squeeze state institutions by allowing entrepreneurs and consumers to shop for higher deposit rates or lower-priced services.
Ant has been “taking away market share from the commercial banks,” said Francis Lun, CEO of Geo Securities Ltd. in Hong Kong.
The government “stepped in to protect its own interests,” said Lun.
“The state cannot allow these tech-run financial institutions to grow bigger than the commercial banks and not be subject to any regulatory requirements,” he said.
At a more basic level, such platforms also are changing the way capital flows through the state-dominated economy.
“It’s hard for regulators to get comfortable with the scale of these emerging players,” said Duncan Clark, chairman of BDA China, a research firm, and author of the book “Alibaba: The House that Jack Ma Built.”
“Innovation takes a back seat to stability,” said Clark. “Also, the party superstructure builds in strong links between state-owned banks and the regulators.”
Investors were shocked and dismayed. They had been looking forward to the hottest IPO of the year at a time when Western economies are struggling.
“This reminds us of how unpredictable China is,” said Au Yeung, who works in finance in Hong Kong. Au said she aside 160,000 Hong Kong dollars ($21,000), most of her savings, to buy Ant shares.
Zhang Yuan, a bank employee in Shenzhen, near Hong Kong, said she paid 34,400 yuan ($5,100) for 500 shares of Ant Group. She expressed shock at the suspension but confidence in Ant Group.
“I am optimistic about Ant Group. It is an innovative company with a good future,” said Zhang, 39. “We ordinary investors may not know something, but we are still optimistic about the company’s future development.”
The decision also might rattle Chinese entrepreneurs who were considering selling shares on their own country’s market, said Rein.
“Until yesterday, every entrepreneur I talked to wanted to go public in the mainland, because they thought valuations would be better, and it might make them look better in front of the government,” said Rein. “Now, after Jack Ma, I’m not sure what they’re going to do.”
AP researcher Yu Bing in Beijing contributed.
$QTCI: Less than 3Million OS............
GOTTA LOVE IT !!!!!!!!!!!
GO $QTCI
QTCI SS just updated, extremely low float, shell coming back to life.
courtesy - papadedavid:
QTCI SECURITY DETAILS
Share Structure
Market Cap Market Cap
166,905
06/03/2020
Authorized Shares
750,000,000
06/03/2020
Outstanding Shares
2,781,757
06/03/2020
Restricted
2,174,573
06/03/2020
Unrestricted
607,184
06/03/2020
Held at DTC
607,146
06/03/2020
Float
Not Available
Par Value
No Par Value
600k float, reporting and now current, only 50k in notes, this one could REALLY move:
http://quantumcap.com/
https://apnews.com/6e8743006eed9da665962fa7a5515d84