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.
Well, they havne't posted any news and their website is still under maintenance.
I'm guessing this won't happen till next week because of the holiday. Probably gonna be a quiet week all, around!
Not 1 share traded since changeover. What’s it going to take?
Nope not 10%...Your share count is divided by 10...so if you have 100,000 shares you now have 10,000 shares but the value of those shares remain the same...
I don’t get it, hope there is a plan. Extremely small O/S and float now.
NVTQF is now NVTQD with a 10/1 Reverse Split...
georgie18 Member Level Tuesday, 04/23/19 06:27:11 AM
Re: georgie18 post# 828 0
Post #
842
of 935
NVTQF...0149...Chart...Oversold Pincher Chart...Several open gaps that need to fill...anemic volume but I am bidding for more shares if I can get filled...
Chart...http://schrts.co/uGcHGXEU
Authorized Shares
Unlimited
04/10/2017
Outstanding Shares
37,947,456
04/30/2018
Float
20,146,608
04/10/2017
NVTQF one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
So tomorrow our individual share counts drop 10%. Is that how it works? And the outstanding shares do as well. Would this mean we should see a rise in share price?
post r/s 3.7 million o/s .. what is your guess about new ceo's plan
NOVATEQNI CORPORATION
Suite 510, 580 Hornby Street
Vancouver, British ColumbiaV6C 3B6
NEWS RELEASENOVATEQNI TO COMPLETE CONSOLIDATION AND CONTINUATION
June 21, 2019– Vancouver, British Columbia– NovaTeqni Corporation(TSXV: NTQ) (the “Company”) announces that effective at the close of business on Monday, June 24, 2019, it will complete a consolidation (the “Consolidation”) of its common share capital on a ten-for-one basis, following which the Company is expected to have approximately 3,794,746common shares outstanding.Concurrently with completion of the Consolidation, the Company will continue (the “Continuation”) its corporate existence into British Columbia under the name “NovaTeqni Technology Corporation” and will be governed by the Business Corporations Act (British Columbia). The Company is adopting the modified name in connection with the Continuation to meet thenaming requirements of the British Columbia Registrar of Companies.At the opening of markets on Tuesday, June 25, 2019, the Company’s common shares will trade on a post-Consolidation basis under the new name. There will be no change to the Company’s ticker symbol in connection with the Consolidation and the Continuation.For further information regarding the Consolidation and the Continuation, readers are encouraged to review the management information circular prepared by the Company in connection with its annual general and special meeting held on May 21, 2019, a copy of which is available under the Company’s profile on SEDAR (www.sedar.com).For inquiries regarding the Company, contact Simon Chengatsimonchengnow+NTQ@gmail.com.On behalf of the Board,NOVATEQNI CORPORATIONSimon Cheng, Interim Chief Executive Officer
Great, looking forward to it. I still own stock here but stopped following...just waiting for news to pop up here. Still strong believer in the company just waiting for the timing!
I emailed Simon when it was announced he is was appointed. He just emailed me back and said they will be providing updates on corporate developments through news releases as they become publicly available.
Very nice. Thanks for the updates Blue.
i guess New CEO Simon Cheng is the director of Blockchain Impact Institute
https://www.blockchainimpact.io/our-team
NOVATEQNI APPOINTS SIMON CHENG AS INTERIM CHIEF EXECUTIVE OFFICER
June 12, 2019– Vancouver, British Columbia– NovaTeqni Corporation(TSXV: NTQ) (the “Company”) announces that Simon Cheng has been appointed as Interim Chief Executive Officer and Corporate Secretary of the Company effective immediately. Mr. Cheng has also been appointed to the board of directors of the Company.Mr. Cheng fills the vacancy created by Jean Pomerleau, who has resigned from the Company in order to pursue other ventures. The board of directors of the Company thanks Mr. Pomerleau for his previous service to the Company.Following the appointment of Mr. Cheng, the board of directors now consists of Simon Cheng, Scott Davis and Mark Ferguson.
For further information, contact Simon Cheng at
simonchengnow@gmail.com
.On behalf of the Board,NOVATEQNI CORPORATION
Simon Cheng, Interim Chief Executive Officer
I wonder if he is the Simon from Blockchain Impact Institute?
Wonder how much longer the wait will be.....
The Company intends to move forward with the Consolidation (R/S), and the Continuation, immediately. The Consolidation will be completed on the basis of ten (10) pre-Consolidation
common shares for every one (1) post-Consolidation common share, following which the Company is expected to have approximately 3,794,746 common shares outstanding.
Completion of the Consolidation, and the Continuation, remain subject to the approval of the TSX Venture Exchange.
crazy undervalued gem
that is good as well.. do you know Mark
Are you saying this will open on Tuesday with the new post R/S share price?
Crypto making a strong comeback. With Mark having experience in the block chain industry I can see them staying focused in this area. With a very tight float now if we get word of a business model I would consider loading more.
Yes, market cap only $850,023...
https://www.otcmarkets.com/stock/NVTQF/security
can be cbd oil?
this is very undervalued gem
glad to see you here
Management Discussion and Analysis - October 31,2018 MD&A
https://backend.otcmarkets.com/otcapi/company/financial-report/215291/content
Novateqni’s 100% owned subsidiary, Novateqni Hong Kong Limited, was incorporated under the laws of Hong Kong on
October 2, 2011. Novateqni Hong Kong’s head office and its registered office are located at 11th Floor, Kwai Cheong
Centre, Kwai Cheong Road, Hong Kong. The Company has two other subsidiaries, Novateqni USA LLC, which was
established for the United States market and Novateqni South Africa which was established as the research and
development center for the Company. On December 24, 2018, the Company announced that it was transferring all of
its subsidiaries to its former President in order to return to an outsourcing model for fulfilling sales and carrying out
development. Novateqni USA and Novateqni South Africa (Pty) Limited were transferred with an effective date of
November 1, 2018 and Novateqni Hong Kong Limited was transferred for no consideration.
The principal activity of Novateqni is the provision of technology based solutions and supply of related electronic
hardware mainly in the voter registration and voter validation industries.
Novateqni is a publicly traded company incorporated and domiciled in Canada. The Company’s registered office is as
follows: Suite 1250, 639 - 5th Avenue S.W., Calgary, AB T2P 0M9. The Company’s common shares are listed on the
TSX Venture Exchange (“TSXV”) under the trading symbol NTQ.
Selected Financial Information
October 31,2018 October 31,2017
Total revenue $2,494,497 $ 1,696,782
Net loss for the year $(428,454) $ (993,997)
Basic and diluted earnings (loss) per share $(0.01) $ (0.03)
Total assets $123,268 $ 118,356
Shareholders’ equity $(233,086) $ (538,950)
Weighted average Class A common shares
outstanding
36,785,774 32,236,815
Results of Operations
During the year ended October 31, 2018 the Company had sales of $2,494,497 as compared to $1,696,782 for the
year ended October 31, 2017. The increase in sales was due to the company successfully completing a larger tender
during the year. The cost of sales for the year ended October 31, 2018 was $1,970,926 versus $1,396,618 for the year
ended October 31, 2017. The increase was a result of a larger tender won in 2018 which comparatively would result in
a larger cost of sales. Gross margin for the year ended October 31, 2018 was $523,571 (21%) versus $300,164
(18.0%) for the year ended October 31, 2017. The gross margin was higher due to efficiency with production.
Operating expenses decreased to $892,066 for the year ended October 31, 2018 from $1,314,410 for the year ended
October 31, 2017. The decrease was due to cost cutting measures and production efficiencies.
Novateqni Corporate Update and Board and Management Changes
https://backend.otcmarkets.com/otcapi/company/dns/news/document/34372/content
FOR IMMEDIATE RELEASE
December 24, 2018 – Calgary, Alberta – NovaTeqni Corporation (“NovaTeqni” or the "Company") (TSXV
- NTQ: OTCQB – NVTQF) provides the following update on Board, Management and Operations changes
Board Changes
The Company announces today that Gerhard Mynhardt has resigned as President, Chief Executive
Officer and Director of Novateqni Corporation effective immediately.
Mr. Jean Pomerleau has been appointed to the Board of Directors to fill the vacancy created by the
resignation of Mr. Mynhardt. Mr. Pomerleau will also serve as the Company’s President and Chief
Executive Officer.
Mr. Pomerleau has been involved in public markets for over 20 years. Mr. Pomerleau has his own
consulting company that assists companies in raising capital and development of their core assets.
Mr. Pomerleau along with the rest of the Board will be examining the current business of the Company
and looking at other opportunities to move the Company forward.
Corporate Update
The Company has been examining various alternatives to reduce overhead and increase profitability. As
a result, the Company has decided to return to an outsourcing model for any development and for any
contracts that it is awarded in the future. The Company’s reliance on winning tenders, which are
unpredictable, makes it very difficult to forecast revenues and to fund operations in between the
winning of tenders which also vary in amounts.
As a first step to achieve the switch to an outsourcing model, Mr. Mynhardt, the Company’s former
President and CEO, will be taking over ownership of the subsidiaries of the Company being Novateqni
South Africa (Pty) Limited, Novateqni Hong Kong Limited and Novateqni USA LLC. Novateqni South
Africa (Pty) Limited and Novateqni USA LLC will be transferred with an effective date of November 1,
2018 and Novateqni Hong Kong Limited will be transferred on or near January 1, 2019. In addition,
Novateqni South Africa will be transferred the Company`s current Long Term Award contracts (“Long
Term Awards”) and the warranty, service and support requirements of the Company’s recently
completed Burkina Faso contract in addition to the Burkina Faso Contract itself in the event any future
sales are generated from the award. No additional sales are anticipated from the Burkina Faso Contract
at this time and all contract transfers are subject to approval by the awarding party. Novateqni South
Africa (Pty) Limited will fund and execute any purchase orders received under the Long Term Awards
and will fund and execute any additional sales under the Burkina Faso Contract. For transferring the
various contracts, the Company will receive a 5% royalty on sales under the contracts. Novateqni South
Africa (Pty) Limited will also fulfill all warranty and service and support requirements for the sales
completed during 2018 at no cost to Novateqni. These actions reduce the monthly overhead of the
Company and will help improve profitability while the Company pursues other contracts and reviews
alternatives. In addition it removes any liability for warranty and service and support of the Burkina
Faso contract from the Company. Novateqni will still be able to participate in the execution and funding
of any outsourced contracts with terms to be negotiated on a case by case basis over and above the
royalty indicated above.
About Novateqni
NovaTeqni is a technology based company that is focusing on biometrics and financial technologies.
NovaTeqni provides solutions and products for voter validation, voter registration, financial transactions
and biometric solutions.
For further information,
Novateqni Announces Resignation of Director
FOR IMMEDIATE RELEASE
https://backend.otcmarkets.com/otcapi/company/dns/news/document/34986/content
January 3, 2019 – Calgary, Alberta – NovaTeqni Corporation (“NovaTeqni” or the "Company") (TSXV -
NTQ: OTCQB – NVTQF) announces today that Mr. Leroy Wolbaum has resigned as a director of the
Company due to health reasons.
Jean Pomerleau CEO/Director) stated, “We would like to thank Mr. Wolbaum for his service as a board
member and we wish him well in the future.”
About Novateqni
NovaTeqni is a technology based company that is focusing on biometrics and financial technologies.
Using its management experience and developed intellectual property, NovaTeqni provides solutions
and products for voter validation, voter registration, financial transactions and biometric solutions.
Using its platform of products, NovaTeqni can provide clients with custom solutions for their particular
industry.
For further information, please co
NOVAMERIC PTY LTD. AND GERHARD MYNHARDT DISPOSE OF COMMON
SHARES OF NOVATEQNI CORPORATION
https://backend.otcmarkets.com/otcapi/company/dns/news/document/34988/content
FOR IMMEDIATE RELEASE January 22, 2019– Virginia Beach, Virginia – NovaMeric (Pty) Ltd.
("NovaMeric") and prior President, Chief Executive Officer and director, Gerhard Mynhardt
(“Mynhardt”), jointly issue this press release pursuant to Early Warning Requirements of National
Instrument 62-103 with respect to NovaTeqni Corporation (the "Issuer").
On January 22, 2019, NovaMeric, a company 100% owned by Mynhardt, and Mynhardt jointly disposed
of an aggregate of 15,959,398 common shares of the Issuer representing 42.06% of all of the issued and
outstanding shares of the Issuer (non-diluted). The shares were sold pursuant to an agreement among
NovaMeric, Mynhardt and two arms-length third parties. 13,424,051 of the common shares were
disposed of by NovaMeric and 2,535,347 common shares of the Issuer were disposed of by Mynhardt.
Prior to this disposition, NovaMeric owned 13,424,051 common shares of the Issuer and Mynhardt
owned 2,535,347 common shares of the Issuer. Following this disposition, NovaMeric and Mynhardt will
own no common shares of the Issuer.
The common shares of the Issuer are listed on the TSX Venture Exchange under the trading symbol
"NTQ" and the OTC Market under the symbol NVTQF.
For further information or to receive a copy of the early warning report filed by NovaMeric and
Mynhardt with securities regulatory authorities in Canada in connection with this press release, please
contact Gerhard Mynhardt, Managing Director of NovaMeric at +27 11 706 5548
CFO of red rock capital. RCC.
New director Mark Ferguson does anyone know?
they posted the news something boiling new director Mark Ferguson
NOVATEQNI CORPORATION
Suite 200, Bay 6, 4500
– 5
th
Street N.E.
Calgary, Alberta
T2E 7C3
NEWS RELEA
SE
NOVA
TEQNI
RECEIVES
SHAREHOLDER A
PPROVA
L
FOR CONSOLIDA
TION A
ND CONTINUA
TION
May 24, 2019 – Calgary,
Alberta
– NovaTeqni
Corporation
(TSXV:
NTQ) (the “
Company
”)
announces
that all matters presented at the annual general and special meeting (the “
Meeting
”)
of the shareholders
of the Company,
held on May 21, 2019, were approved.
At the Meeting,
shareholders
approved a consolidation
(the “
Consolidation
”) of the Company’s
outstanding
share capital on a ratio of up to ten (10) pre-Consolidation
common
shares
for every one (1)
post-Consolidation
common
share, and a continuation
(the “
Continuation
”) of the Company
under the
Business Corporations Act
(British Columbia).
The Company
intends
to move forward
with the Consolidation,
and the Continuation,
immediately.
The Consolidation
will be completed
on the basis of ten (10) pre-Consolidation
common
shares for every one (1) post-Consolidat
ion common
share,
following
which the
Company is expected to
have approximately 3,794,746 common shares outstanding.
Completion
of the Consolidation,
and the Continuation,
remain
subject
to the approval
of the
TSX Ventu
re Exchange. Further information regarding the Consolidation, and the Cont
inuation,
is available
in the management
information
circular
mailed
to shareholders
of record in
connection
with the Meeting,
a copy of which is available
under the Company’s
profile on
SEDAR (www.sedar.com).
The Company will provide further information regarding the effective
date of the Consolidation, and the Continuation, as soon as it becomes available.
At the Meeting,
shareholders
also approved
a reconstitution
of the Company’
s board of
directors.
The board of directors
now consists
of Jean Pomerleau,
Scott Davis and Mark
Ferguson.
For further information, contact
Jean Pomerleau
at info@novateqni.com
.
On behalf of the Board,
NOVA
TEQNI CORPORATION
Jean Pomerleau, President
They released a document on sedar stating that the reverse split happened. Also, Jean Pomerleau remains the president of the company. I have emailed him asking what is next for Novateqni. Will post his response if I hear back.
It will be down Tuesday don’t worry
interesting NVTQF 35% UP
i see thanks.. why do they sell, who is going to buy privately from them? and what is the meeting result. they got cheap they will sell at higher price probably.. i hope r/s cancelled.. i hope this can be a cbd oil play.. it is hot now.. low share structure..
Blue I dont have an account that I can private message you.
When I talked to someone weeks ago all they said was sit tight and hang loose.
No other info was given to me. I haven't called back since.
not only him but also Riaz is selling privately.. they are getting out.. let's see who is buying? what is the result of the meeting?
https://www.sedar.com/GetFile.do?lang=EN&docClass=22&issuerNo=00033599&issuerType=03&projectNo=02920320&docId=4528537
Sedar document is up. Jean Pomerleau is selling roughly 7.9 million shares.
Hoping someone can read into this a little more. Is he voted out as CEO?
Nothing yet.
any news or updates?
you didn't answer my question
i have asked you?
Followers
|
42
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1091
|
Created
|
09/27/17
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |