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"They know this tech is very viable and are happy to wait as efficiencies increase so as to reduce field size.... They are in no hurry having vast oil and monetary reserves...your barking up the wrong tree"
If the Saudis are so sure that the tech is viable and are just waiting for the yields to increase, don't you think maybe a couple of them would having been buying the stock since it's at a nickle?? Saudis have been known to have a few available nickles for investments. Don't you think SS would have been overrun with Saudi offers to buy in instead of having to scramble with the last 200K offering?? If everything was as crystal clear full speed ahead like you have been saying for years, the stock would not be at 5 cents.
Quit defending every single thing about this company as you are sounding desperate. The Saudis not building solar has nothing to do with QTMM, rather it has to do with a complex political mix of an uber conservative Kingdom in a region that makes Mexico seem stable.
How exactly do you know QTMM needs no help in administration?? Admittedly to date they have not needed any as all they have sold is stock, but hopefully that changes someday. Right now Squires' wife is getting paid as the administrator, but do you expect that to continue?? Do you expect them to hire employees to serve as administrators, when to date the company has not paid anyone in cash??
This is from Star Park's website, sorry to interrupt your rant with real facts:
"The Incubator Program located at STAR One is designed to foster the development of new commercial ventures related to Texas State technologies in applied research. This building will house 'spin-offs' from research conducted and intellectual property generated by university faculty, and 'spin-ins' from companies outside the state that want to come in and strategically work with the university. Our motto is “education with relevance”.
The overall goal of the Incubator Program is to provide space and infrastructure to expedite research and commercial development of promising technologies in the context of viable, well managed, start-up companies"
I'd say that perfectly fits QTMM right now. It's not a knock on the company, though I know you will take it as one. There's nothing wrong with being an incubator level company, unless someone out there has been claiming otherwise for years.
Sorry Crunch, As I stated I just put in a random number, I choose 1888, and looked at whatever posts you had on that page. I'm sorry if it does meet with your approval.
Nowhere in my post did I knock the company, I knocked your ridiculous cheer leading. For around 4 years you've led the we are right there just waiting for the big news crowd, and it gets old. For the past couple years the main business this company has engaged in is selling stock to fund operations, and maybe that's your role. Now, they seem to be trying to move beyond that stage, so there's hope. But that's all it is is hope, it's not a foregone conclusion like you seem to make it out to be. If success was a forgone conclusion some of the Saudi's we were supposedly dealing with would be buying in or these companies evaluating our dots would be trying to buy up stock, and we would not be at 6 cents with no volume for 2 straight days.
The new facility is a shared lab for incubator level companies. Yes, it's better than nothing and is needed, but no outsider is going to look at a company and invest in it because they have a position in a university incubator. A vast majority of companies in these types of settings never see the light of day.
As BigE has stated Crunch, you lose credibility with your endless cheer leading.
I did a one page search, typing in post 1888 and seeing what you would say on a post listed on that page, and here's a beauty from you:
"I am betting we have a working prototype .I would say $150.PPS in 2 years ...that is my bet on it"
That's from 3 years ago Crunch, and instead of $150, we are at 6 cents and have had no volume so far this week. Someone with a proven track record like that is supposed to be taken seriously when they say that we are heading to port?? I have a hope and a dream in this company like many here, but I also have a view of reality, and reality is something you are either trying to cover up or cannot see.
Just remember that after Gilligan got off the island, they went on another cruise and ended up right back on the same island. I know you have us sailing to port, but from my vantage point we are sailing in circles waiting for a lighthouse that may or may not exist.
At the rate we are going I'm assuming you don't expect to live more than a couple days after you retire.
Who in their right mind buys $14 worth of stock.
It's early in the day so I won't call it painting the tape, but we had been at 6 cents with 80,000 in volume and now we are at 6.5 with 80,219 in volume. The ask is still 6.5 so someone put in a buy for $14 in stock???
You are making a chicken versus the egg argument. I could just as easily say if we had been mass producing the dots a market would have developed for them, the reason no market has developed is that they are too expensive as they are not mass produced.
Whether it's 2kg or 25kg, the fact is there is a market for dots and to date QTMM has not been a part of it. You can go back 3 years on this board and see dozens if not hundreds of posts of how QTMM would be funding future growth with sales. To date not a single one of those sales has materialized. I'm pretty sure I could dig up a post from 2010 and post it today and no one here would realize how old it was. It would be the standard we're so close, just waiting for the next Q or K for the explosion to start.
Right now you can get this "yacht" for about 900 shares, hopefully in the future we can do a bit better and not end up like the original.
http://www.amazon.com/Gilligans-Island-Minnow-Famous-Replica/dp/B003ZZICJS
You are attacking my post and agreeing with me at the same time.
You agree that 99% of the current value of the company is based on the ability to mass produce dots, so apparently you also agree with me that CURRENTLY the market places little if any value on Solterra. That's all I said, and I clearly said all Solterra is right now is a website that has not been updated in 3 years. I didn't say that about QTMM, I said that about Solterra. Solterra is not even on the back burner yet, it's still in the refrigerator waiting to go on the counter before it goes on the back burner.
If QTMM succeeds in mass producing and selling dots, then maybe in the future there will be a Solterra. If QTMM does not successfully market dots, Solterra is a pipe dream that will never be heard from again. That's why any talk currently about spinning off Solterra is ridiculous.
Exactly BigE.
Look at the last couple months. Management states at the annual meeting that they believe their best chance at revenues is in the medical field and they are not looking at displays, then Sony (who has not had a successful electronics product in years) announces a Qdot display, and we have people here discussing when we will put reactors in display makers so we get licensing fees.
We have had people here for years talking about how much money we will have when they split off Solterra. The whole company is worth 10 million, and I have to believe 99% of that value is in the possibility of being able to mass produce dots, so why would anyone believe Solterra is worth anything?? Right now they are nothing except a website that is 3 years old.
Listen to the company. If people are using quantom dots to connect the dots then we are in trouble, because they clearly don't work.
If you want an entertaining weekend of science fiction BigE, read the posts on this board from the beginning. When you get to the posts of the past month or so you'll notice nothing has really changed. It's the same people predicting huge things every single week, though those huge predictions tend to change regularly.
"S/P Artifically Held Down"???
We had a total of about $400 of volume today. Outside of the days the PR people were dumping their shares, it's tough to find many days with over $20K in volume. You honestly think anyone is wasting their time keeping the share price down with volume this anemic??
There is no compelling reason for anyone outside of this company to buy the stock right now. Yes, quantum dots are going to play a role in the future, but to date this company has sold as many dots as Burger King and Walmart. Meaning, zero. If they prove they can actually make and sell them the market will take notice, until then quit imagining a boogeyman is keeping the share price down.
I know you are one of the sane ones here Hawk, but the reason I remembered that post is that I replied to it at the time because 2 or 3 board regulars had already complimented the original post regarding SS meeting with the King. I could understand one person making a silly post, but to have multiple people agreeing with lunacy boggled my mind. You clearly agree with me that the thought would be hard for anyone to take seriously, but people here took it seriously.
"It got so bad that we had people here saying that Squires was in Saudi Arabia meeting with the King"
'Nobody'...I repeat; NOBODY ever said that here !!!
What you like to place a bet on that DDHawk??
From a post here last July 25:
"Someone had to talk the King into letting Jabbour be in charge of solar for Kaust, etc. I think SS did that. "
Q's and K's never mentioned any of that, instead it was "due diligence" and "dot connecting" that brought those dreams here.
It went something like look here's an article saying the Saudi's want to build solar, hey Dr J works there, thus we will be building a huge solar plant in Saudi Arabia. It got so bad that we had people here saying that Squires was in Saudi Arabia meeting with the King discussing all these huge projects. The company never said any of these things, but that didn't stop this board for going on for over a year about something that not only never happened, but most likely was never even thought about except by the believers here.
Wait for substance. Two month ago at the annual meeting management told people that we would not be going into the display area(at least for the near term) since it was a low price commodity driven area, now we have posts about display makers putting our micro displays in the facilities so they can pump out QD displays. Again that's not the company saying those thing, it's the dreamers here. Wait for the company to do or tell you something definite, because the dot connecting isn't working.
You also "believed" they would be selling dots 2 years ago.
You also "believed" they were about to announce a deal in Saudi Arabia years ago.
The problem is that so far this company has been all about beliefs, without any facts.
We don't know that they even have a micro reactor, but you "believe" they do.
We do know they have moved or are moving into a small lab facility they are sharing with ten other start ups, but you "believe" they will be pushing product out of a shared lab.
People who don't share the religion of qtmm want more than beliefs, they want cold hard proof. A contract, not a belief.
Why do you/we bother??
We both know that it's impossible to get short data on this and it's almost impossible to do a naked short on an OTC stock, but no matter what we say, every time this stock goes down it has to be because of the evil shorts. This board can to useful in adding info and for the laughs, but sometimes reading it makes me want to bang my head against the wall.
No. That's why I said the intraday short info on pinks is meaningless. If I buy 10000 shares of QTMM from you, those shares will most likely get reported as short at the end of the day unless we use the same broker. The reason for that is they have not actually been exchanged yet, and until they get physically exchanged they are recorded as a short. Stocks that trade on a real exchange are traded instantly and thus true daily short positions are available, but over the counter stocks are sometimes not physically exchanged between market markers for 24-48 hours and until that physical exchange happens, they are recorded as a short.
Again, this is how it worked 8 years ago, and I don't believe it's changed much on the OTC.
"another 118000 of 130000 short volume 85.5%or unsettled shares i know i am not very brite but i dont get it.only 22000 shares settled"
This answer is based on the way the system worked in 2004. If may have changed some, but i'm guessing it has not changed much for OTC stocks.
Pink sheet stocks are not traded instantly like exchange stocks. Suppose i'm using E Trade and buy 50000 shares of this, those shares I'm buying are coming from someone else and are considered short until they are delivered to E Trade's market maker. I believe nowadays MM's have 48 hours to deliver them. If I bought those 50000 shares from another E Trade customer (or a broker using the same market maker)they would be delivered instantly and not be considered short, but if they came from another market maker or brokerage house they would be considered a short sale until delivered. Again, in 2 days they have to be delivered, but until then they are short. That's why on any given day half the volume is short, but overall only 40000 shares are short.
That is so delusional.
Panl falling a bit has nothing to do with you or with quantum dots, it has everything to do with a poor deal they signed with Samsung and their lack of massive growth.
As for qtmm, no one is holding this stock back, no one is shorting it to get back at you. To date this company has sold nothing except furniture. If they successfully sell a product, the stock price will increase. Until then, it is what it is.
As i said before, the daily short chart is not accurate for over the counter stocks. There is no way to get an exact short reading on this until/if they get off the pinks, but the short interest is very low. About the only people who short pinks are those who have insurance on the other way in the form of options or warrants. Pink prices can go crazy for no reason which is why most brokers will not allow shorts on them.
The daily short figures don't work with OTC issues. Look at the detailed QTMM quote, they list the total short on the stock as being 40,000 shares, or about $2500 out of around 150.000.000 shares. In other words, there are almost no shorts.
Very few people short a penny stock, and most brokers will not even allow it. They are just too dangerous to short.
I never said that were going to or even considering BK, but the fact is they have few assets, no cash, and the auditor has posted going concern statements in their reports. Until something real happens, and not just a little statement that all the "due diligence" here always ends up portraying in the best way possible, the share price will go nowhere.
Maybe because between 6 and 7 cents is where it belongs according to the market. It's moved out of that range, it was a nickle at one point last week and it hit 9 cents or so within the fortnight. For all the hopes and dreams here, this is a company that could declare bankruptcy this afternoon and wipe out any shareholder value. There are few assets and no cash. So the market has decided that between 6 and 7 cents is fair.
Until a contract is announced, this remains a long shot and is priced accordingly. There is no manipulation going on to hold this back. And there is certainly no grand scheme to hold back the stock price just because freegrass owns it. That is delusional.
Years ago I bought ten options on a Thursday when they expired the next day. The stock announced earnings that night and it soared, so I figured the buck i paid apiece would be ten the next day. I was gone the next day so I put in market sell. Come home and see the $10,000 I expected to have was $1200. It took me 4 weeks and threats to call an attorney for Etrade to add the other $9000. That was the last time I'll ever place a market order for something not widely traded.
How exactly is having the bid less than the previous sale manipulation?? This is a very thinly traded stock. Right now the bid is 6.5, the ask is 6.8 and the last sale is 6.9. If i want to sell I can either put in a market order and get the 6.5 or I'd more likely put in an ask of 6.7 to be next in line. I'm not manipulating anything, I'm just trying to make the most I can. Too many people here see evil and boogeymen trying to hold this stock back. The reality is far different.
They got what they wanted. They got to unload a couple million shares of this without crushing the price. Normally someone trying to unload more than 100,000 shares would have crashed the price. They moved almost half a million shares with only a penny drop.
The problem is so far it's nothing but a story. How many q's in a row have you been expecting sales?? You are as much as diehard as anyone about this company Free, and even you are wondering where are the sales. If you are beginning to wonder, what should an outsider with no vested interest think?? The outside market does not really matter, Naanco and other companies do not really matter, nothing will move this stock much until they receive some sort of commercial acknowledgement either in the form of sales or contracts.Six months ago they stated they needed financing before they could build a facility, we've had no word on any financing so I assume they have been unable to secure funding. No funding probably means no sales in the next few Q's. The clock is ticking and this company does not have endless time.
"Too Bad Company has Been Purposely Held Down for Months"
Please. Until the last couple days, there has been very little volume in this stock, no one has been holding anything down. If anything it has been propped up, more than one person has commented on how it will often be down a bit and then a very late very small trade paints a pretty close. They can put out all the PR's they want, but we are going nowhere until we get either a sale or a contract. We've supposedly been able to mass produce for a couple years, to date we have nada for sales. Another PR announcing the ability to mass produce won't do much except excite those already here.
The problem is this company and many people here have all these lofty goals and dreams and have yet to put forth any concrete evidence that they are any closer now than they were two or three years ago. A couple years ago we were supposedly able to mass produce dots, we still have seen zero evidence in the the form of any revenue of any being sold. A couple years ago people here were just waiting for the end of Ramadan so we could get the big announcement about our solar deals in Saudi Arabia, 3 Ramadans later still no announcements. This company has dreams of being the best at this and the leader in that, meanwhile they have little to show for the past few years. I know many here see the share increase proposal as another reason to hope that we are ready to announce our greatness to the world, but what if it just means business as usual and we need more shares available to keep funding the company?? Time is running out, QD's are being produced and sold by others and so far we are remaining invisible. They should concentrate on one mission or goal, because so far we have no evidence they are any closer than they were years ago.
I would be stunned if QTMM was mentioned in any way unless they took questions and you asked one.
There has to be a date of record and Feb 5 is as good as any other.
Sorry, I was using the number given earlier. It does not really matter, the point is a bond fund could not buy into a penny stock, let alone one that is as illiquid as this.
"It's an I Hub computer snafu"....is that a 'fact' or an opinion ?"
You honestly think a bond fund bought 467000 shares of a stock that has a volume of 1000 at 330 today??
Again, while it's very doubtful but not totally impossible some fund of Black Rock's bought this, there is just no way the Black Rock Bond Fund bought into it. That would be 100% against the philosophy and rules of the fund. It's a computer glitch on I Hub or from some other source.
"
The Core Bond Fund may invest up to 25% of its assets of foreign issues, of which 10% may be invested in emerging markets issuers.."
Sorry, emerging market issuers means investing in bonds in foreign countries that are considered emerging markets, such as South America or Asia, not an industry that is emerging.
While it is doubtful that Black Rock would have a position, there is no way that if they had a position it would be through a bond fund. It's an I Hub computer snufu.
Google the F & S awards on I Hub, there is more than one thread identifying them as being puff PR's that are bought by the company receiving them. I don't know or really even care how true that is, but anyone buying or holding this because of that PR is nuts.
This company is like a lottery ticket. By far the most likely outcome of a stock purchase here is a loss of money, but there is that chance they will succeed for a huge payday. However, there is a good reason this company is as cheap as it is. No customers, no product, no money and a clock that will strike midnight soon. People who claim otherwise are either lying or have huge rose covered glasses.
Where did she go??
Does anyone have any idea how much credibility this board loses when people praise a post that has utter nonsense in it. Let's see, we have Steve Squires going to see King Abdullah and getting him to hire someone????
Does anyone here understand how ridiculous that sounds?? First off, we're talking Steven Squires, who is not even a blip on the international radar, not Bill Gates. He owns a company that is seeking a couple million to build a plant, and we have King Abdullah who makes that in interest every couple hours, but instead of seeking financing Squires gets him to hire Jabbour?? Squires right now could not get close to the King, and King Abdullah is probably not involved at all in the affairs of KAUST. We are talking about a man who is almost 90 years old, I highly doubt he has any idea of what a quantum dot is.
If Squires had as much influence as some here think, he would not be scrambling for financing. There's billionaire after billionaire in Saudi Arabia, we would not be trading for pennies if any of this was true.
You are ripping on the poster with no reason. He's guessing that it's part of Wong's option purchase and right now none of us know if that's true or not, and if it is he's right that it's about a 50% profit. Maybe math is different where you are, but if he bought at 4 cents and sold most at 6, that's about a 50% profit. His first lot statement was based on it being part of the Wong's purchase and not about how many sales were made today, since Wong bought 250K this 60 or 70K was his first lot sale of the total.
Again, I'm not saying I agree or have any idea whether or not this lot was part of Wong's option purchase, just that this was what the original writers statement was about.
Manipulate???
The share price has often went up on a purchase of a few hundred shares, and I didn't see you screaming manipulation then.
Face it, someone is/has been selling out and there is zero demand for the shares. Right now as I type the bid is 3 cents.
I realize great times are right around the corner and we have the best and the only yada, yada, but time is running out for this company. No revenues and now selling stock to keep afloat becomes difficult at these prices. I questioned Dr Bob selling at 4 cents a couple weeks ago. Right now he looks like a genius.