Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It is because the company is lying to everyone. They say there is no dilution but are too stupid to acknowledge that there was 107 million shares added to the free trading float in February 2024. But they say no dilution ... even though they sign off on this. Also noteworthy, the 107 million shares freshly minted is exactly 4.9 percent. Just under the 5 percent insider rule. Smells like your typical actors in this dirty shell. LIARS LIARS LIARS
$SPQS FAQ re company dilution. Mngmt opinion is that there is NO SPQS dilution. FYO Co received several stock deposits (see image snippets) from TA for retail s/h stock deposit stock purchase dating back to 2017. IMO all trading is retail shareholders. pic.twitter.com/T3mCzdJgfW
— SportsQuest (@SpqsOtc) April 11, 2024
I wonder why would retailers be selling at this pps?? 🤔 LOL
I think it is more like MMs game...exchanging shares between each other and/or the same time creating fear so they can get more of our shares as well.
Doesn’t look like anyone wants the offshore Chinese alternative book keeping company
If thats the case then we are severely undervalued here
$SPQS The merging company has $43M of assets that are being merged into Sports Quest according to filings. The Huayi chain intends to aggressively continue expansions short term. It’s an impressive business plan for sure. https://t.co/L3nZStuMHC pic.twitter.com/TxKUwOJLdX
— Canadian Jennifer 🇨🇦 (@cdntradegrljenn) April 12, 2024
So the company says there’s no dilution and the retail sellers stopped selling ever since….that’s great!
Looking this is morning!!!
So so ready to fly...possibly tomorrow, if not, next week for sure...I am excited!
Everything is coming together on this mega merger deal.
Well yes...also the seller OTCN has backed off the ask now.
Teasing?..time will tell.
Company just confirmed they are not diluting so that is good
Thanks for sharing..gotta chew thru those hopefully soon.
If one is to believe the company lol
$SPQS FAQ re company dilution. Mngmt opinion is that there is NO SPQS dilution. FYO Co received several stock deposits (see image snippets) from TA for retail s/h stock deposit stock purchase dating back to 2017. IMO all trading is retail shareholders. pic.twitter.com/T3mCzdJgfW
— SportsQuest (@SpqsOtc) April 11, 2024
This is absolutely pathetic....is this another Chinese Scams???
Who the fudge is selling?? I didn’t see any changes of the SS…
17 mill. at .001 bid..if that breaks down we are fukked...lol
Another round of selling...I hope it ends here
It's a mix of uncertainty "merger being China bases" - "old Insider position liquidated" - " panicky hands"
$SPQS
Thats what i thought ..news is good.
Yes, the News sounds really good to me..
Please no dumping..lol
Btw. the charts showing absolute bottom so that means big reversal is possible from here onward.
Let's see what good is here to come.
Two new PRs out this morning lets see how it reacts.
Yes, that is very shameful...I will be calling them for the same reason to ask when will they stop from doing this kind of bs of share selling (dilution). That is one big reason I hate OTC stocks is because you have no clue how they would react even on a good news. Sad!
NEWS APRIL 11th!!
“58-page business report filed with OTC. Company conducting GAAP accounting to capture of 240 million Chinese Yuan (equivalent to $34 million USD) in previous years to acquire the cinema portfolio”..
“Key Takeaways
The company has currently acquired 12 movie theaters and 3 more under acquisition, located in major cities in China.
The company employs a total of 139 employees at the headquarters and various theaters.
The company is planning to acquire 50 cinemas by the end of 2024; and expand to 150 in 2025; and reach 500 in 2028. At the same time, through independent research and development of AI technology.
The company is expected to manage 1,000 franchised cinemas in 2025-2026, becoming China's leading cinema chain brand.
The company's goal is to achieve 70% market share.”
https://www.newsfilecorp.com/release/205066/SportsQuest-Inc.-SPQS-Releases-Full-China-AI-Disclosure-Filing-Updated-Business-Plan?utm_source=dlvr.it&utm_medium=twitter
Yes one is news the other repeat I believe
My etrade account has two new PRs for SPQS for today..they sound good .
Put news out and dump into it.Shameful.
Yea not sure why ugh
What happened today? I was away for the most part today and this end up going down on a good news...what the heck?
Company scammed ppl to dump 300M min* m*r debt converted shares!
No way to change company name and company management team. Subsidiary!
Need to see chinese names takeover OTC markets here.
Vould be nice
Got smackeddown like Vince mcmahon
Oh crap.. looks like little dilution on News
Not that much volume
I'm try to grab more at 13 as long as they want to sell.
Strange action this morning I wonder who’s selling all these shares?
Going in the wrong direction...added .0014s..lol
Nice news...lets see some action on that today!
Yea hopefully get into 002s
New recent highs ... Let's see.
Interesting take, I researched it, got a good feeling we will get some real good news today. Or they might hold off till Friday so it can get some good traction with new investors over the weekend.
GLTA
CHEERS
Are they taking SPQS to dollars?
you hear of geo-investors? soon aktivation is coming.
BONZAIIIII
Verified Profile
The Company Profile data was verified by the issuer within the previous 6 months. OTCQX Rules and OTCQB Standards require issuers to maintain a verified profile.
Transfer Agent Verified
Share data displayed on www.otcmarkets.com alongside a "Transfer Agent Verified" logo has recently been verified by the company’s transfer agent as reliable and trustworthy. This data is also disseminated through OTC Markets Group's market data feeds to investors and broker-dealers.
The Transfer Agent Verified Shares Program provides investors current and reliable share data. The program enables stock transfer agents to report their clients' share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer.
Independent Director
An Independent Director means a person other than an executive officer or employee of a company or any other person having a relationship which, in the opinion of the company's board of directors, would interfere with the exercise of independent judgment in carrying out their responsibilities as a director.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |