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QSGI 7 trading days away... from potentially emerging from bankruptcy.
Need more detailed/clarified news of deal completion and what exactly the deal entails... waiting is never enjoyable when it is going lower and lower.
There went the nice peaceful day...
It's like treading the same water every day and it's always cold...
QSGIQ
You would have to look around & research for reputable platforms for penny stocks - I use e-trade because in my experience, they are solid with my trading of penny stocks. I have heard that zecco is another option - not sure about the others... I do know from experience that scottrade is a bear - they ding you with fees on penny stocks and they do not let you set sell orders of a higher percentage.
Right Scottrade does not play nice with non-dollar stocks... they also hit you for percentages on your gains...
e-trade and other trading platforms allow you to set sell points at such higher levels...
Michi is saying...
should drop the Q
is equal to my depot qsgiq without Q
or if the shares sold out qsgiq
and booked with new qsgi?
thank you thank you
per google translate from German to English...
So does anyone want to push this up above .30 again or are we just sitting here hoping that someone else does it for us??
Don't see why we cannot hit the ask individually here to put this back above .30 for the day?
So VCTY should start explaining and promoting facts about their companies, future plans etc..)... They are the ones that are tearing down their own stock by contradicting their own previous statements/legal filings and refusing to provide any answers to shareholders.
Where is VCTY in all of this? They are making more PR's with more promises - ASCC sale details to be released soon (over a month ago - nothing yet). China liason direct contact information to be shared for us soon (well over a month ago - nothing yet).
VCTY is responsible - demand responsibility from the company that has taken the stock to these levels - write VCTY directly and request answers so that VCTY understands that shareholders expect to be treated with the respect of explanations and promises kept...
.03/.032 L2 here:
AUTO 0.032 5000 14:27
NITE 0.0349 5000 14:32
UBSS 0.036 5000 12:40
HDSN 0.036 5000 14:27
ETMM 0.04 5000 10:57
DOMS 0.049 5000 10:03
MAXM 0.065 5000 09:03
PERT 0.08 5000 14:31
CSTI 0.0818 5000 14:06
VFIN 0.542 2500 10:14
VERT 0.74 2500 02/24
FYI in case any does not know - you can see the L2 for this stock on otcmarkets/MWIS Quote...
Wonder why anyone is celebrating pps decreasing....
Looking to buy in perhaps...?
My email to VCTY's CEO - who is also min. ma.'s:
Sent: November-09-10 10:15 AM
To: MPintar@cox.net; marc@videointernationalcorp.com
Good day,
As a shareholder of VCTY in the millions of shares for several months now - I wanted to write to share my and other shareholder's grave concern surrounding VCTY/Odessa and the poor reputation and lack of Marketing and Press Release detail coming from Min.Mar Marketing Group.
Time and time again MMMG has failed to release news across major newswires for major events in VCTY's recent history - starting back in the Summer where they failed to PR Tactician University's initial financials release until days after filing on pinksheets - and then for ASCC's filing - they did not PR the news until two full days after filing on pinksheets...
Now they have failed again to PR news about the pro forma financials with a proper subject headline and detail...
Can you also detail why Min..ar would state to investors that 'shareholders expressed that they did not want VCTY to complete the hydro deal and become a utility company?' I know of 78 shareholders consisting of 39% of the overall float that were trusting the multiple updates stating that the hydro company was coming along nicely and at last check - all that was needed was the China signatures. Which apparently all went nowhere and we are left with 1.5 billion in the OS/AS for no reason - which was not canceled as per prior statements.
This email is to express my grave concern that your use of Min...ar Marketing Group is driving this stock into the ground because of their awful reputation and constant misinformation throughout the past 6 months that I have invested in VCTY. Please hire a reputable Marketing company that can properly market and produce detailed, professional Press Releases across newswires (trading platforms) when news is released - not days later when all momentum has died.
Sincerely,
A very disappointed shareholder,
A
Marc's response:
Tue, Nov 9, 2010 at 10:40 AM
subject RE: VCTY and Communication
Greetings,
Thank you for your inquiry. Unfortunately, you have directed your inquiry to the wrong department, your inquiry should be directed to investor relations department. To submit a ticket and have a representative get back to you directly, please visit
http://www.minrgroup.net/helpdesk
Thanks.
......... that's all you get folks.... VCTY and the IR company are one entity - those seeking to state otherwise are unfortunately misinformed.
Where to begin... VCTY is an entire company... we did not invest in only Tactician University... We invest in VCTY.
Until Tactician University is sold off from being a part of VCTY (as VCTY has attempted to do twice since last Summer) and becomes it's own stock symbol - conversation cannot be limited to just the one portion of VCTY that appears to be profitable via the filings on pinksheets.
Foolish commentary. VCTY is PRing all of these things - not others... hiding what one does not like under a rug does not change facts.
Questions forwarded/sent to the shredder...
Many experiences of the same - here is one ticket conversation with VCTY:
Mon, Jan 31 2011 12:23pm
Good day,
The latest PR was somewhat vague - it was stated in past PR's that VCTY was going to use the proceeds (stated to be in the millions) to fund either the AMETA merger completion (which has not been mentioned in quite some time - is there something holding that merger up?) Or the Hydro (which, being an all-cash request now seems highly unlikely).
Which leads to several questions:
a. Now that ASCC is sold - will the OS/AS be reduced significantly? There were 1.5 billion shares allocated as of July for the Hydro merger - seeing as now they want an all-cash offer, those shares will be retired as stated when those shares were issued correct? When will this occur?
b. The 300,000 shares allocated to an unknown video company - as that merger has not come to pass - when will those shares be retired?
Quoting from the filing on pinksheets - July 19th, 2010: after stating the allocations for Tactician University, Hydro and a video merger it states: "Should these mergers not come to a fruition the above shares held in escrow will be returned to the treasury and or the company may without advance notice reduce its authorized share structure."
When should we expect VCTY to keep it's word and retire those shares and reduce the AS/OS?
Also - what is next for VCTY? We have just sold off a company - to what end?
Thank you in advance - I know that I speak for the majority of longs on ihub when I say that greater detail in the PR's about what VCTY is doing and why the OS/AS is still so large would be greatly appreciated (more-so if the OS/AS was reduced as promised on July 19th.
Mon, Jan 31 2011 12:57pm - Michael S
I will forward these questions.
As for whats next: Any future plans will be discussed in PRs or filings.
Mon, Jan 31 2011 1:11pm
Thank you,
When can I expect a response to those questions that you have forwarded? In the past - I have received responses stating that my questions were forwarded and months (three to be exact) have passed by without and response. Is it VCTY's intention to be less than forthright with it's shareholders? Why would VCTY not desire to follow through with their stated action of retiring shares should a merger not occur?
Thank you for your time,
Alan
Mon, Jan 31 2011 1:14pm - Michael S
You will not receive a response from me. I forward questions and answers are provided via PRs, filings, and newsletters(including Friday Tips).
Mon, Jan 31 2011 1:24pm
Thank you for prompt responses today - I hope to see a full PR/and filings in the near future detailing all of the answers.
Alan.
Thoughts as we move forward in the day here?
Not exactly a strong vote of confidence thus far... wicked selling undercutting the ask?
Soaking up the sellers time eh fringe?
Lemmings - keep walking that ask down - real smart...
Agreed Thomas - Get Er Done VCTY - come through for the shareholders.
0.0439 back up - hit em
Auto wants to sell cheap and low 0.0439/0.044 are up and clear to .05 ..
Stop undercutting the ask.... make folks come to you...
Supporting that bid... raising it slowly...
Factually replying = ranting?
Sticky the latest 8k filing?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60730230
VCTY Facts = Negativity? So if someone details VCTY's own actions in full recently - that is Negative? Quote one thing that was said that is inaccurate? Is it preferable to hide and ignore everything that VCTY has done or not done? Is that ethical?
If there is so much about VCTY that is negative that we cannot even discuss their own actions without it being negative, what does that say about the stock itself?
How about if one looks to VCTY for answers instead of accusing others of negativity because they choose to be honest in accounting of VCTY's actions...
Stating that nothing has changed since VCTY was in the .003's was incorrect - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60721050
The past year has been all negative for VCTY unfortunately and that has nothing to do with any one individual anywhere - it has to do with VCTY and it's own inaction/actions.
bid ask ticking back up .055/.06
Raise those asks - let it run! Make then come to you... .15+
But that is just it... we have no idea what is going on... all that VCTY has managed to do over the past 8 months is to promise one thing and do another... And take the share price down to the depths in the process.
VCTY might be stocking up for the mother of all mergers - sure - but why would one jump to that conclusion? Is there anything in it's short history that would support such a positive hypothesis?
The problem is we have no idea what VCTY is doing that is positive for it's shareholders - other than past financials from Tactician University and the hope of positive financials for Q4 from Tactician University by the end of this month.
It is all well and good to hope for the best but that does not mean that anything about this stock is going to improve at the moment...
Q4 Financials End of March - per IR:
Thu, Feb 17 2011 2:21pm
Please address all questions - Q4 financials status? The deadline to file those has passed by if I am not mistaken?
The trouble is that there have been no filings since December and the PR's do not address the share structure, financials or any other topic in depth that investors need to know about before they will invest... VCTY just reduced the OS from 4 billion to 492,171,990 as per otcmarkets today and did not say a word about it in filings or PR. If the IR for VCTY does not answer questions - how are investors going to learn what they need to about this stock? What good is this ticket process when all that is ever said is - The company will address in PR's or filings... It's worthless?
Looking forward to an official PR and filing explaining the reduction and a current updates on the AS and Float for VCTY as soon as possible.
Alan
Thu, Feb 17 2011 2:26pm - Michael S
No! end of the year financials are not due until the end of March.
Thu, Feb 17 2011 2:31pm
Thank you for the update on the financials.
Alan
But does TCU stand with us? Are any of that separate company's profits being used for the betterment of the pps of it's stock? How would we know if it was used to help VCTY?
Does TCU even know or care about what the stock of it's 'parent company VCTY' is doing? Why would they care?
Dilution gets a bad name... because it lowers the value of everyone's shares in VCTY... if there were 4.7 BILLION Iphones out there for everyone - then I can guarantee you that they would not sell for the same dollar amount that they are selling for now... the price would go down... hence the dropping PPS
Economics - Supply and Demand. There is a HUGE increase in the Supply and a very very low Demand for VCTY.
VCTY just gave up a million+ profit company for what appears to be nothing in ASCC - why would we expect the share price to remain the same as it was when we had that profitable company under VCTY?
Much has changed... Read on
.27/.28 - not many shares for sale at this low price... Wonder what the majority is on positive posts on QSGIQ on this board... I bet it is 99% .... that's even better than the creditor's approval of the plan!
.285/.29 on ask - running out of shares to sell so low... moving up slowly but surely... low volume... almost like there are not very many folks that have any intention of selling this low... wonder why that is?...
Could it be that in 8 trading days... the ruling on QSGIQ emerging from bankruptcy... will be occurring? Seems like some folks have indeed read up on this stock... amazing what actually reading about a stock and what is going on will do for an investor...
Okay - that makes sense now - I did not catch that.
Yes - last Summer we were working hard for a float lock - absolutely devouring the shares in the millions - but then the hydro stated date of completion fell through and we received excuses followed by a statement that VCTY shareholders did not want a hydro merger anymore... and it all went south from there... never expected it to go this far south.
The float is locked?
I cannot believe that I just read someone writing that.
We do not even know what the float is - much less if it is locked... either way - if it is locked - then it must be with folks looking to take down the pps seeing as how they are selling at .0008 .... The only time that a float lock is a good thing is when folks are working together to raise the ask and force buyers to meet the ask... by extension raising the pps... Have we seen any evidence of that here? Not since last Summer when we had a running tally of the number of shares were we even close to locking the float) 65% was the highest percent of the float that we came to then...
This may well go up but not because of any float lock IMO.
.28 / .285 ...
... You mean the fact that creditors accepted the proposal? That is great news and fore-shadows the ruling to be positive on the 21st.
Excitement that what we have waiting half a year and more is one final step away from occurring is not a bonfire... it is a celebration of what we believe to be forthcoming - emerging from bankruptcy in less than two weeks.
Mis-representing yesterday's excitement as some kind of hype is incorrect. The facts are right there for anyone looking to read up on QSGIQ...
word of mouth - how did it go from .01 to where it is now?
There are a lot of eyes on ihub... and other folks who follow bankruptcy stocks... there is a point here however - once the official PR comes out that QSGIQ has turned into QSGI, that will be a nice awareness boost.
With that being said - folks on the sidelines will be the cause of the pps rising for the moment I suppose...
When the Q drops off later this month... THEN we can start to look towards the merger with Kruse and it's financials etc...
FYI on the matter of dilution... which cannot occur until the Q is dropped anyway so it does not matter at this current point in time... one million divided by .33 = 3 million shares... betting that the share price will be greater than .33 then so even if they do dilute (which is not a given) that is not a whole lot of shares to worry about at the moment... and if they are a fully reporting company.. then we will see it coming... yes?
So celebrate that we seem a final decision away from emerging from bankruptcy and then we will go from there!
Ask went up to .35 at close... Looking forward to knowing the final tally this evening/tomorrow from the pacer filings.
QSGIQ
Going to knock it down to .28 to close if we do not keep the bid up....
support that bid.