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Must have just happened, I was checking their website a couple hours ago. Looks Great!
When we drop the Q do you guys think they parlay the ticker change to 'KRUS'?
Doesn't mean anything on this low volume, other than someone stole some shares at a discount. Couple buys can send this up 11% just as easy.
Just waiting on the sweet volume to hit, she's getting 'tight'
I think you nailed it! With so many insiders in this...why on earth wouldn't they have a PR plan in place. One that is perfectly timed!
Right, thats kindof the way i remember it. With everything I've read...technically it could take 60 days but more likely will happen in 45 (15+30)...which would be by next Friday. I'm no expert with BK's, but that's what I've gathered. I've been here a long time!
I think that's a stong indication of where we finish the day. Around .33! Some solid money hit that this morning, gap filling, be back there in a little bit with some continued volume.
Wack Job!
It won't be long before we are all patting ourselves on the back for making a great 'investment' here.
Recent honorable mention.
http://www.chapterelevenheaven.com/
QSGI Emerging From Chapter 11 Reorganization
April 19, 2011
QSGI, Inc. (Pink Sheets: QSGIQ) announced that on March 21, 2011 its Plan of Reorganization (the "Plan") was confirmed by the U.S. Bankruptcy Court, Southern District of Florida, West Palm Beach. The final order confirming the plan will be recorded as early as today. As part of the Plan, QSGI will merge with KruseCom in a stock-for-stock transaction and is expecting to emerge from bankruptcy in approximately 60 days. Under the plan, stockholders retained their common shares.
According to Marc Sherman who serves as Chairman and CEO of QSGI, Inc., "The combination of QSGI with its restructured balance sheet and ties to large customers and investment markets and KruseCom with a profitable operation in a corollary business, deep management strength and strong balance sheet will provide a great launching pad to capitalize on the fragmented information technology services market."
About QSGI, Inc.:
QSGI Inc operates as a technology service provider, offering a full suite life-cycle for its corporate and government clients' entire information technology platform. On July 2, 2009, QSGI, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Florida.
KruseCom, LLC Summary:
Founded in September of 2009, KruseCom offers comprehensive solutions for I.T. Asset Management. KruseCom's specialties include Secure and Certified Onsite Data Erasure, Data Center Maintenance, and End-of-Lifecycle Services for everything in Information Technology.
For further information, please visit: http://www.QSGIInc.com
Forward-Looking Statements:
Statements in this release that are not strictly historical in nature constitute "forward-looking statements." Such statements may include, without limitation, statements with respect to the Company's plans, objectives, expectations and intentions, and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results of QSGI to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties related to the progress, timing, cost, and results of mergers, acquisitions, and operations; competition from other technology companies; and the additional risks discussed in filings with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and QSGI undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. The company names used in this statement are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
SOURCE QSGI, Inc.
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Good DD VLF. Love it.
Big Green Letters on the Buzz Cloud. SDAD!
Well...you can see it. They tread lightly most of the day, then join forces at close. It's all about the close now.
Let em lower it.
EVERYONE, sale starts at 3:30 and ends at 4 today. Get em while they are cheep!
Nice Volume here guys. $26K in the first hour.
Good to see you over here mikey. Love the charts.
i'm clogging the ask, but surely not in the 20's, 30's, 40's.....
Miss you over there HH. It's all in due time, been biting my lip for a long time over there
It sounds like 'you know what you own'!
momo in the recent Q's has apparently fizzled out. this would be a great time to get some 'real news on a real Q with potential'
R/M news with financials could be earth shattering now.
On the Ihub Buzzcloud
I think it means that the only 2 poor bastards that got stuck working the weekend for them fell asleep at the controls. Its certainly not becuase too many people are looking at the chart. I still have some shares here....just saying, now way man....
Got some cheap ones up, get em while you can!
I think we are in line to have a good day here guys. Alot of volume at close yesterday and very green. This is getting alot of attention thanks to your DD here!
Good Morning, time to wake up people !
QSGIQ!
Erg, Scottrade won't let me set it above 0.60....and I'm afraid they might get taken out at that level....lol
Is it true that if I put my limit sell up high, then my shares can't be used to short with? I've heard that before....but I don't know if its true?
About an hour after your patience runs out and you sell. It's happened to me 3 times in past 2 months on other stocks. That one isn't going to get he on this stock! Makes it easy when you KNOW its coming too :)
Exactly, Someone else Get's it!!
QSGIQ started the Q feeding feast, I don't think any of us here expected that. IMO alot of people pulled out to jump on another Q. Fact of the matter is that this is really the only quality Q, people will realize that pretty quick when they are left holding the other bags full of the crap Q's.
News breaks, volume kicks in and watch out...everyone comes running back.
Ship is turning, volumes starting to come in over the past 20 minutes, someone grabbing a bunch of 4's getting ready for the next leg
Not HUGE, I'm pretty sure that everyone here is trading their shares thru a replicatable broker, and not via some phone call from a shady 'over seas' phone number.
Anyone that stupid deserves what they get.
This is a holding pattern, just need to sit and wait for the volume to come in. It was the same thing for GAC*, I sold and it ran for 3 solid days.
Everyone knows where we stand now, it's been discussed from every angle. Just waiting for the official Q to drop, and more importantly the Krusecom $ figures. In my opinion.. the finacials are going to send this to where it belongs, way up.
There is always a calm before a storm, GO QSGI
HDog, Cork, Essence....its soo refreshing to drop in over here to read some well thought remarks on QSGIQ. Sad to see what's happened to the board over there.
Thanks Guys! Long QSGI!