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Yep - this thing has $1.20 to $1.50 written all over it. Already 700K shares traded premarket well above closing. People are getting ready for the ride.
You might be right - guess we'll see. Regardless encouraging to see.
Boom - Attorney Letter to go Current posted on OTC, figured we weren't too far away. Should show current in next few days. Hoping news follows soon after.
https://backend.otcmarkets.com/otcapi/company/financial-report/249040/content
This is a good point and actually probably the right move especially IF there are significant revenue increases to show. The play book for this to be a big winner is updated filings, going current, revenue on the books, announcements of board and technology updates and then release of the new hyrda platform.
Most of these are pretty attainable which is why I will continue to wait patiently and make sure I have tickets to the show.
GL
I hear you and they definitely need to release some news in the near future. This company has a lot going for it - they just need to get more eyes and awareness. I'm hoping it's deliberate to get everything in order before they start releasing news.
Been here for 6 months so I'm willing to wait a few more to see how this plays out.
I still believe in the technology, like the website, like the share structure and like the industry.
Best of luck to us all here.
Just sent a note through - will share response when and if I receive one.
Agree the lack of news is disappointing but there's been enough recent progress on the site and adding members to the team that it seems like it's worth being patient to see what happens here.
I may reach out to the company later this week. They've always been very responsive, even if they've just confirmed that things are in the works.
I see - that's a fair point. I don't know the boundries of insider trading nor do I know how muc appeal OTC plays have to the international players here. But I have always thought that we'll know when news is about to be released because volume will pick up significantly.
I'm not sure why there hasn't been more early interest. For now, I think the company is doing and has done enough to earn my patience to see how this plays out. There's enough to like to overlook low volume until some administrative items are complete and announcements commence. It doesn't seem like there's much retail eyes on this at all. I'm hoping it will all come together soon. Potential is there but nothing is a sure thing.
Yeah, I mean without direct dilution I don't know how it's possible with current share structure. If you gave everyone 250K (conservative) in shares you're looking at 1/4 the float if they are buying up the shares. That's why preferred shares for this arrangement makes most sense. Dilution that's down the line once the company is more established and succeeeding and rewards their efforts. JMO
My thought would be they will be issued preferred shares Series A/B shares that are exercisable in a date in the future. That would likely be indiciated in a future filing. Time will tell.
Seems pretty reasonable to me. Everything so far seems to be indicating they are focusing on the bigger picture than rushing news out which I'm okay with. I think this jumps to .25 - .30 (previous yearly highs acctounting for R/S) when news releases and then from there it'll depend on what's all in the works. It's impressive the stock has held this .09-.14 range with basically no exposure or eyes on the stock.
Good find, thanks for sharing.
They are clearly trying to have an international footprint. Canada, Switzerland and Brazil all seem like a done deal.
Think this is a good time to summarize what we know/don't know as we wait for news and by chance new eyeballs come looking:
1. Growing team with extensive experience + international involvement + impressive advisory board. Don't think these guys got involved to play checkers.
2. Float is tiny (possibly only 12M free trading) and trades like it
3. Public AND Institutional Technology with documentation and a white paper
4. Integrations with legitimate trading platforms
5. Great website
What we don't know:
1. Extent of technology adoption - who is using it/how many
2. Cost Structure - how exactly does their technology translate to $. This dictates potential. Are they a $1-$5M a year company or $10M - $50M?
3. Do they have ambitions to be acquired?
4. What deals are in the pipeline or have been made?
5. Finally - when is the next PR. They are likely sitting on news - but how much?
If anyone has anything else to add - please do. Patiently waiting as I think they have something good going here.
Another member of the team added - Vladislav Gesterak. He is running sales. They have built an incredibly impressive team.
Pilot app added crypto futures. Technology continues to evolve. I've enjoyed the simulation mode. I am going to give the app a monthly shot and pay and see how it goes trading wise. Any one else using the premium version?
It seems like there's a lot of news to report too. I'm hoping it's intentional and they are obviously working behind the scenes. Trying to stay patient.
Maybe someone can reach out? I think they are tired of hearing from me.
This company has so much going for it - great names attached, good product, good share structure.
The only thing missing arr eyeballs that I think will come with news.
They just put an addition to the exec team though it seems like he's been at the company for a little bit:
Ilan Yosef
CHIEF OPERATING OFFICER / CTO
Experienced systems architect with a diverse background in computing, artificial intelligence and systems design. Ilan is QuantGate’s CTO and COO leading platform architecture and operations. Prior to QuantGate, Ilan has been involved with a diverse set of technologies ranging from NPL (natural language processing) AI platforms and various proprietary fintech solutions.
Regardless, super impressive.
Continuing to creep up before release of news. No one even selling at .12 today. This thing could explode if volume comes.
Big bid showed up end of day and ended with a buy. Wonder if someone got wind of a news release tomorrow. Seems like things are ready.
New product overview probably answers a lot of your questions. 42 pages long. Dated yesterday (5/12). These guys are not messing around.
https://drive.google.com/file/d/1Ip9qPl0l-pZypt1a0N9CMUx_8v9dHJal/view
Good to see stop sign officially gone
Expecting/hoping they will provide clarity and announce partnerships with their technology facilitated by the impressive team they've assembled.
For a penny stock, it's a pretty impressive technology set up and team along with great share structure.
The only thing missing right now is communication and buzz. Hoping that is what's next.
All it takes is some volume to set off scanners and people will flock here with the technology, share structure, etc.
Just no eyeballs. Stop sign still up and no press releases yet.
I'm willing to be patient knowing they are updating website as we speak.
Also a new product - Stealth Professional set to release in Q3
$QGSI
I would imagine so. New symbol with hopefully stop sign removed. They just need to release some official news to get eyes on the stock - it's been in hibernation but has held up very nicely. Everything is set up for a run higher.
Very intrigued by the new additions to the team and what that means for the company plans.
Symbol change, website change, international angle and more all in pipeline. Should be a fun few weeks.
Anyone else have thoughts on the international element?
Yep - I'd say we'll definitely get a release about these additions.
Quantgate going international.
Wow - go to the about team section.
New members added - Quantgate Switzerland
Website look and feel got changed this morning. Makes me think updates are on the way.
Symbol Change Effective tomorrow - nice. $QGSI
https://otce.finra.org/otce/dailyList
I didn't see anything necessarily concerning nor was I expecting anything revolutionary. I think the financing they have access to and the fact there was no dilution were the important factors. Now that the filings are in place, I'd like to see the Stop Sign removed and hopefully they have some news items in store as we're exactly 3 months since the last news item on their website.
I believe in the technology, like the float and like that filings are in place.
Oh wow good catch. That’s a nice change. Definitely a lot going on. Think this is just the beginning. Cheers.
Someone with far more shares than me
Stop sign I imagine will be down Monday - finally
Link?
May make one final play before the end of the day and average up slightly. Definitely feels like we're close