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Yeah - not sure how anyone can take this company seriously. They have shown no ability to generate revenue, do product announcements but do no marketing to promote them after, are absent from twitter, don't respond to messages mostly. I'm just watching from afar given how heavily I used to be invested but sad they never lived up to hype. All in my opinion.
I also am just baffled how they continue to have 0 revenue. I gave them a pass a year ago but to still be in the same place makes me pretty convinced they can’t survive as a business. I’ve been saying this for a while but selling their technology in a buyout seems like their best play. They have a weird org structure, orange flag financials and have not proven they can make generate more revenue in year that most people make in a week or less.
The stock ran 4X. It needs to consolidate and cool off. The volume has been surprisingly very strong daily which means there are some eyes on it. But the company still has to prove they can execute and generate revenue. To this point they have not. That will be the only way this thing moves above .25. That or a buyout which still makes the most sense for a company with good tech/poor business ops. Jmo though. Gl.
From OTC site: https://backend.otcmarkets.com/otcapi/company/financial-report/299121/content
Was a pretty masterful Friday news dump
Annual report actually dropped after hours. Another quarter/year with no revenues and expenses increased significantly. The company’s technology is fascinating but they have demonstrated no ability to generate income to date. Will be a big couple quarters for them. All my opinion.
I'd say stock needed some cooling off. It had a busy week of news pumps. If I've learned anything this stock always gives you another chance which is why I sold around .18 and .2 again - same thing as last pump up.
Also, I believe their financials should be due out sometime and they've yet to post any revenue of significance. I'm hopeful they're headed in the right direction but until that happens, I'm guessing we'll continue to see some swings here. I feel like basing in the .12-.14 range and holding would be a good sign.
All my opinion. GL
eyeroll
lol what happened to that "rumor" you posted 24 hours ago?
That is quite the rumor. What are your sources?
I’ve been saying for a year they should get acquired as they have no idea how to run a business but their tech is decent so it would make sense but strictly a rumor until there is evidence and I wouldn’t buy another share regardless based on how the last few months have gone.
Agree - very very disappointing. Thought them becoming OTCQB would help but their communication has somehow got worse and no revenue to speak of. They keep shifting their product focus slightly since the Pilot app appears to have failed. Not sure how they have money or how they were able to get people to join the board.
No use in selling here but disappointed so far. I still think the best case is for them to sell their technology and get acquired since it appears they are a very poorly run business.
Looks just like a bot article - doesn't appear to be in collaboration by company at all
Yikes - back to exactly where it was when they split. All progress and developments essentially valued at 0. Does seem to be a fairly safe entry point but going to take some real news to gain confidence back. Counting lucky stars I took profit on the second pump but really thought we’d see some stability in the teens
Not sure what you're looking at but it appears to me they have redone the corporate presentation - actually looks pretty good. Can't speak to the financial projections but it's possible those are being reworked but I guess we'll see.
There's nothing that says that will happen but I kind of think it would be in company best interest. Their strength is their technology not their business operations/marketing. Seems like something that could and would benefit in a merger or acquisition. But again completely my opinion.
yes Nuvo
yes Nuvo
I have not but they replied to me like a month ago via:
info@quantgatesystems.com
I would like to know who is stupidly stacking the ask with 100K shares. I'd also like to know updated float number.
But I've mostly set and forget this stock with some sell orders in the .20s and .30s in case we pop again. I think short term there won't be much until the crypto site launches.
Here's my take:
Company not dying - but I do think they sort of reset in Q1. It became clear the Pilot trading app was not going to be a significant revenue driver or gain adoption so they smartly, IMO, pivoted to the crypto space and partnered with a legitimate company.
I think the Pilot trading app as a stand alone is being phased out though the integrations will remain.
I think the .08-.12 range will be where this sits until after the annual/q2 report. Hopefully they can show some small progress but I think it will take until Q3 report and being able to show significant progress in revenue generation. This more or less aligns with their corp presentation.
Unfortunately, the company is below average on promoting their products and company but hopefully now they have reset a bit that will change. I said this a year ago, and still sort of believe them being acquired still makes a lot of sense. Good technology, good vision, bad business operations.
I have some money parked here but do not plan on watching daily ticks. This stock has always required patience and sadly I think it still does. I do think it'll have another day in the sun. GL to all.
Q1 Report for period ending in February is out. Nothing surprising or particularly good about the filing. The next Qtr and year end on May 31.
I mean the risk reward in .10-.12 range is really good. It's more frustrating there's been nothing but heavy selling since the news with no buyers to counter.
I'd recommend everyone contact company or CEO via email or twitter and see if they are willing to share any updates. I'd hope they aren't thrilled by the price action either given they were celebrating the price at .18
That being said - pretty good Risk Reward down here
Like we're basically back down to the price when the stock split - hopefully an isolated dump that is pressuring down stock. But the stock is down 70% from the news drop highs
I don't think the financials will be great - think there's another quarter or two before it will be impactful. Just disappointing to see selling that is depressing the price with no buyers stepping in.
Company needs to figure out how to keep a consistent news flow and start demonstrating success metrics vs just new product roll outs.
Price action here has really been a bummer. Someone has been slowly dumping it seems or some sort of dilution. I fear the Float is going to be higher than is was on last Q report. Glad I took profit when it got pumped on the bitcoin news. Still believe in story long term but looks like we're back in set and forget it mode for at least a few months.
Looks good. I wonder if they are going to retire the Pilot trading app and instead use it at an integration. Pilot hasn't generated the adoption it doesn't seem like they were hoping and might be better as strictly inetrgated SaaS software.
Nice looks good - people are asking about the stock and how it's trading, my perspective is this - the story is good and the products look great but they need to demonstrate results. If they can show growth and adoption in Q2 and Q3 - I could absolutely see this trading in the .6-$1 range by end of year.
This stock can be frustrating if you don't have patience but my perspective has always be patient until they give you reason not to. We'll likely have another ugly/minimal rev Q1 report - then I think it's only upside from there. Regardless, I like it at these levels.
JMO, best of luck to all
Quantgate Crypto join partnership with Alt5
https://www.newsfilecorp.com/release/78778/QuantGate-Systems-Inc.-and-Alt5-Sigma-Join-Forces-to-Bring-AI-Powered-Technology-to-the-Cryptocurrency-Market
I see - could just be a site picking it up cuz it wasn't a new release. Still dated 3/23.
I played the news the way I did because I think they are still early in the game. I like the story still here and will go back to long term holding and let it play out. We'll see what the Q report looks like next month but my guess is some note holders had their convertibles triggered. Part of the game.
What do you mean released the same set of news?
I don't need to be lectured and I have been invested here for over a year and continue to be. I took profit at what was a target price for me after regretting not doing so a few weeks ago. I believe in the story and reloaded towards the end of the day. I regret posting my exit, but I don't regret how I traded this. I too believe in the story and that there is more money to be made here. Best of luck.
Yeah the volume that came in right away was insane off the news. Was surprised it sold off as far as it did. I will be interested to see what the float is and if any of the convertible notes were exercised.
But hopefully this news will lead to more awareness and consistent volume for healthier trading and smoother ride up. If they can execute the crypto platform I do believe this could trade above .50 this year. Glad I took some profit but will happy to add back and hold on for long term to see this play out.
Back in to about 50% of my position on dip. let's gooo
I never stopped believing haha. I sold 75% on the pop but holding the rest to let this crypto play burn. May add if we dip into teens.
Well they are already OTCQB and as long as progress continues to be made. Would rather see that than a fluff OTC company just focused on pumping stock price and diluting. This isn't the company for that. Don't disagree they could do more for shareholders but willing to let them continue to grow and develop. Love the crypto angle too. GL
That old shareholder meeting from 2015 is irrelevant. Different team and pretty much different company.
Last message I received from them was very generic pointing me to the investor presentation/site on the website and said there was a lot in the works and company would release news when appropriate.
Yeah the company seems to have a ton going on behind the scenes so hoping they will communicate some of it soon. Momentum died off with lack of news. I think the new products are potentially a big deal so hopefully some news releases can get buying back into the stock. The crypto project specifically seems big with the rise in Crypto assets.
Good to see the 8totrade up and running. Really hoping the company decides to PR some of this news. It won't mean anything if no one knows it exists. The company has a great story but really is bad at communicating it and generating awareness. They cant rely on redchip they need to PR things and get the word to spread organically.
They all need to start using their social handles again as well. 8topuz can hopefully highlight the partnership as well.
But good news and exciting stuff on the product front. Let's hope they decide to get the word out and share more about Quantgate Crypto.
We agree there is massive upside here with the things they have in the works. But $8 seems silly to talk about until we get to .50-$1 and have sustained company communication and stock volume.
Not sure Redchip will be a catalyst though. The interviews in late 2020, while nice to have, had little to no impact on stock activity. The company needs larger and more reputable news sources to pick up their company developments. The crypto and AI technology they have is compelling no doubt but that will be the driver not a small otc promoter like Redchip
Interesting - the crypto info from the site is in the pitch. Would be nice if they would PR the development of the crypto app.
This company moves to the beat of their own drum but seems to have some interesting things in the works. Will continue to let the story play out as I think the crypto stuff could be huge