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Yep everything up to date. Team looks like it's in place. Ready for the stealth product launch.
Update made tonight to the company team. They have reorganized the structure and added yet another couple members. They now have a management, team, trading team, distribution team and advisors.
That's not a total team of 16 members. It's now August. I'd expect in the next week or two we'll hear something regarding their products now that it appears the whole team is in place. It's taken patience but it's clear they have big aspirations.
Cheers
Yep agreed. Impressive team with a global footprint in a hot sector. If their technology is as good as it seems with the roll out coming soon, I think this could be explosive.
Something must be up. Almost no volume all week then boom largest volume day in a long time.
Good post - sudden bids today seem to indicate we may see some news or filings soon. Annual Report from last quarter could be next up.
Also, official launch of Stealth (likely in August) will be a nice update.
Stock has earned my patience.
Cheers
Nice find and thanks for sharing. The more experience they add to the team and advisory board makes me more confident their technology must be pretty legit. Time will tell of course, but certainly encouraged by the potential here.
We were talking a week ago about accumulation. Well it appears it's starting to happen. I assume this is a prelude to more announcements but bid up to .15
Trading right now very thin - showing why accumulating at this prices isn't easy. Any volume surge sends higher.
$QGSI just put out corporate update yesterday:
https://www.otcmarkets.com/stock/QGSI/news/QuantGate-Systems-Inc-Corporate-Update?id=266404
Extremely low float FINTECH play with experienced team executing an international reach. Big things coming.
$QGSI just put out corporate update today:
https://www.otcmarkets.com/stock/QGSI/news/QuantGate-Systems-Inc-Corporate-Update?id=266404
Extremely low float FINTECH play with experience team seeking an international reach.
$QGSI just put out corporate update today:
https://www.otcmarkets.com/stock/QGSI/news/QuantGate-Systems-Inc-Corporate-Update?id=266404
Extremely low float FINTECH play with experience team seeking an international reach.
Wow, quite a few additions. Guys with great experience and wide range of backgrounds.
I can't imagine all these guys jumped in without a good reason to do so.
Looking forward to next couple of months and letting this story play out.
News now on OTC as well
Good catch - appears we are finally entering the phase we've been waiting for. I like the unexpected reach to some other areas I wasn't considering. Brazil and Switzerland seemed plausible but India and Japan seem like huge opportunities.
Market Cap today sits at $4.4M. You'd have to think the technology alone is worth more than that.
Excited to see what comes next
Nice, good to see them outline the changes. That was always a natural next update but there's also a lot of tea leaves in here, most notably some new international mentions (not including Switzerland which we know they are also involved in). I don't think I was expecting such an international focus, but it's very possible these areas are underserved and represent a huge opportunity. Some quotes:
"...Company's products and services in the GCC and India."
"Eric will be working with Leonardo Cardoso towards the development of the Company's activities in Brazil."
"Mark, in addition to his role on the Advisory Board, will be spear-heading the Company's business development efforts in Japan."
"...readying itself for a commercial rollout of its suite of products"
"Ilan further elaborated that the Company's ambitious goals have been technologically and operationally aligned over the past 12 months for global distribution, with an integration centric approach with brokers, and a non-intrusive approach with end users (users do not need to leave their existing brokerage to trade with Pilot, which is QuantGate's mobile app for retail traders). "We are building a team of global experts with strong domain expertise in financial services and distribution to be able to penetrate multiple jurisdictions expeditiously and simultaneously." "
Nice, good to see them outline the changes. That was always a natural next update but there's also a lot of tea leaves in here, most notably some new international mentions (not including Switzerland which we know they are also involved in). I don't think I was expecting such an international focus, but it's very possible these areas are underserved and represent a huge opportunity. Some quotes:
"...Company's products and services in the GCC and India."
"Eric will be working with Leonardo Cardoso towards the development of the Company's activities in Brazil."
"Mark, in addition to his role on the Advisory Board, will be spear-heading the Company's business development efforts in Japan."
"...readying itself for a commercial rollout of its suite of products"
"Ilan further elaborated that the Company's ambitious goals have been technologically and operationally aligned over the past 12 months for global distribution, with an integration centric approach with brokers, and a non-intrusive approach with end users (users do not need to leave their existing brokerage to trade with Pilot, which is QuantGate's mobile app for retail traders). "We are building a team of global experts with strong domain expertise in financial services and distribution to be able to penetrate multiple jurisdictions expeditiously and simultaneously." "
The beta stage is just for stealth trader which is just rolling out in july which we knew (Q3). They also have their Pilot retail and Institutional platforms. No idea what the reach is, but they aren't starting from scratch.
I don't disagree with what you are saying about volume preceeding news. I think I've said that in the past that we'll know when actual news is about to drop before it does. Could still be a week or two away (With July 4 next week). As I said, they've been dropping enough tea leaves that I'm willing to let this play out. No cause for concern from me yet.
You've mentioned this before and I guess I don't get it. Is this a common thing seen with other stocks? Part of the problem/issue with the event you're describing is there's not sustained volume and there doesn't appear to be man shares available so they'd have to buy on way up if the buyers were significant. I suppose these friends could sit on the bit and wait for impatient sellers but also doesn't appear to be much of those right now. It's still a speculative penny stock until it starts trading differently.
Until the news cycle starts and there's more consistent volume, I'm okay with a sight uptrend and holding in this level but I personally feel expecting some friends and family buying frenzie is a bit unrealistic. JMO and I respect your thoughts. You could be right but for now I'm okay with what has occured recently and am willing to wait to see their next move.
Wow great find.
THe other item from this post that is interesting/exciting:
Broker agnostic trading system, certified with 10 major retail brokers and growing.
10 major retail brokers is a big number. I would love to know the revenue coming from that alone.
Good to get some timelines which should coincide with news releases.
Agree. Just need a little news to draw attention here and more will discover that too.
Volume coming in. Look how thin this is.
Just from reading tea leaves, it would seem the following could be discussed in more detail soon (complete speculation based on filings and website):
1. Additional Pilot integrations
2. Foriegn footprint (re: quantgate switzerland)
3. Rollout of Stealth Professional (due Q3 per website)
4. Additions to team/advisory board
5. Filings of quarter and year end May 31, 2020
6. Hydra portfolio management platform
7. OTC uplisting (likely a few months away)
I believe once some of this news releases, we'll see volume return to the stock and it'll trade at higher channels.
Low float tech stocks are hot right now, so could be good timing. All in my opinion and best of luck to all.
Just from reading tea leaves, it would seem the following could be discussed in more detail soon (complete speculation based on filings and website):
1. Additional Pilot integrations
2. Foriegn footprint (re: quantgate switzerland)
3. Rollout of Stealth Professional (due Q3 per website)
4. Additions to team/advisory board
5. Filings of quarter and year end May 31, 2020
6. Hydra portfolio management platform
7. OTC uplisting (likely a few months away)
I believe once some of this news releases, we'll see volume return to the stock and it'll trade at higher channels.
Low float tech stocks are hot right now, so could be good timing. All in my opinion and best of luck to all.
The CEO doesn't say much on Twitter but did respond to someone on twitter mentioning QGSI and making it a success:
The plan for that is already in action.... I’m a charitable person, but don’t think for a second I’m in this for that purpose (Winking face). Hope u can see that we’ve been building the foundation... we will revolutionize trading with our quantitative behavioral analysis + tools!!! ????
The CEO doesn't say much on Twitter but did respond to someone on twitter mentioning QGSI and making it a success:
The plan for that is already in action.... I’m a charitable person, but don’t think for a second I’m in this for that purpose (Winking face). Hope u can see that we’ve been building the foundation... we will revolutionize trading with our quantitative behavioral analysis + tools!!! ????
Officially Pink Current on OTC. Major milestone hit.
Great find. These guys literally work in the capital markets. Time will tell but I'm guessing they know what they are doing I think as it relates to debt, balance sheets etc.
Attorney letter posted after hours. That should be everything for going current so hopefully tomorrow or early next week that will be reflected and the party can start.
Could be good timing. Low float small caps have had some crazy runs over the past few months. If we get some news to back it up, could very much be worth the wait.
Yep - getting close. Assume attorney records for these files are next and that should be it I believe.
Team updated again - another new manager and advisor added.
Starting to feel more bullish again. They can't be building a team with this much experience and reach for a stock to peddle down in the pennies.
I'm with you. Company definitely tests your patience, but there's enough things to like that it's worth waiting to see how it comes together and it looks like we're very close.
GL $QGSI
Yep. It will trade insanely thin. Just need the pieces to fall into place and bring some volume. Recent highs back when this was trading more normally were around 6 cents which is 30 cents adjusting for the R/S.
Additional filings posted yesterday on OTC. Last week was the most activity we've seen in a while. Hopefully means we're close to hearing from company.
Attorney letter for current info posted tonight. Could go current on OTC tomorrow since technically the only outstanding reporting is the last quarter and annual report ending May 31,2020 which could be done over next few weeks.
Looks like edited Quarterly and Annual Reports posted after hours. I'm not sure why they got reposted on OTC. If anyone has any thoughts would be interested.
That's fair. I'll continue to watch OTC. Hoping filings last week were a sign something is coming soon but it's very clear they are in no hurry. One day, hopefully soon they'll start communication. GL
Premarket buy? Small but Odd.
Agree communication needs to happen but hopefully the letter on OTC with regards to current late last week was sign of things to come.
Don't understand selling at these levels at this time but JMO. Still believe the bigger story will be worth sticking around for.