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NEWS NEWS NEWS NEWS
WE NEED SOME NEWS AND FILINGS QSGI!
What I'm hoping for and why I've held on tightly to my growing pile 'o shares ;)
144k at the ask will raise it a bit. The issue is that without continuous volume it will sink right back down with BS hits on the bid for 5k shares.
This is absolutely not true.
You are forgetting their PR from August 31, 2011 stating that they expect to be current with the SEC filings on or before November 1. They did not, however, mention a year with that date; it all makes sense now! November 1, 2012!!
http://markets.financialcontent.com/prnews/news/read/19356823/qsgi
So the judge agrees that they need to submit all known paperwork from anyone involved with QSGI, including investors, that has committed fraud, thereby agreeing to any fraud?
My point is that it makes no sense to demand this unless fraud has already been proven in a court of law.
I'm not an investor here because of a potential IBM settlement. I am here because I believe in the fundamentals and growth potential of this company. And I'm not trying to argue this point, just trying to get a better understanding of what it means to the QSGI v IBM case. Thanks for taking the time to help inform the uninformed.
I don't see how that is relevant to this case. I wouldn't be surprised if the judge agrees with me. Seems like they are digging for some traction in this one.
Grrrreat... their donkey attorneys must be in the same office as their donkey auditors. Stubborn Donkeys LP.
IBM suit is still up in the air and most likely will be until 2013. This could yield dollars per share but could just as easily yield nothing.
If their growth is as accelerated as they seem to think it is/will be, this has the potential to move to $1+ long-term (long-term for ihub standards).
I cannot believe I didn't pull the trigger on this one at $0.02......
Good job everyone! Make that money!
There are not too many ways to get a stubborn donkey to move.
I'm probably close to your holdings, but with an average about half of that.
We need real tangible numbers QSGI!!
Wish I had some cash already transferred... would be soaking up these crazy low sells.
Who in the hell is selling down here in the 2's??? Wtf qsgi get your auditor to finish this $hit up.
I think they forgot about the financials. What say you?
Another fantastic week for the QSGI management team! Keep up the great work Sherman & Meynarez!
Based on a hunch then?
Based on anything in particular? They haven't exactly shown us anything that makes me believe they care about doing this right by the shareholders.
The only thing that I can think of is that the auditors found some troubling data that didn't add up. Hopefully that's not the case, but there is no other real/logical theory.
Googled it: StockCross Financial Services
Wow? Wow is the current CFO, who was also Krusecom's CFO, not having the financials filed THREE MONTHS AFTER THEY PROMISED IN A PR.
Absolutely ZERO excuse for it, auditors it not.
With you 100%, unfortunately... maybe Mr. CFO needs to be fired. We may see the financials sometime in 2012 if so.
TD Ameritrade.. retail players.
Look at what they are doing. How is it conceivable to believe they are operating responsibly? They have now missed two hard deadlines for financial filings and fail to respond to shareholder's (i.e. MY) emails regarding the subject. The CFO must have some issues with processing the financials that he previously was responsible for. NOT A GOOD SIGN MY FRIENDS. NOT A GOOD SIGN.
HH, since you seem to be able to get real answers out of these yahoos, please tell them that meeting promised goals is paramount.
Financials?? Did their dog eat them?!
10x this pps is justified with the level of insider ownership in this one.
Who would keep dumping at .05?? Does Sherman have an account with UBS or something? (Serious question)
Hope you're right. We need to get back to consecutive 1m+ volume days!
That is why we have accountants, thank god LOL
Very well put. Agreed 1,000,000%.
Unfortunately the company's officers want to continue to be shady. We as shareholders cannot force them to do things properly, as we think they should be done. Would be nice if they came through on time one of these days...
Can they just get current already, the wait is killing me :)
Provide proof ;)
Lol So I'm lying and/or I need to provide proof that I was waiting in the queue on the CC to ask questions? Get real pal.
PR also said they would be current on or before November 1... If I believed they were actually working diligently to finish them, that would be one thing. But because they snuck out of the last conference call without answering questions, I am EXTREMELY leery of anything they say or promise until they actually produce.
Still holding long here, but have stopped watching the day to day because of their shenanigans.
Will do. Thanks for the positive responses. Looks like you guys found a good one here :)
I'm evaluating this stock but have some serious concerns and have come across quite a few red flags. Anyone read this article and have some explanation? TIA
"In the last trading session for 2011 Atrinsic, Inc. (PINK:ATRN, ATRN message board), which had been free falling for about two months, slipped in the sub-penny zone.
ATRN closed down 20% at $0.0088 per share.
The volume reached 38.3 million shares following the 58 million from the previous session. After hours trading pushed ATRN further down to $0.0085. There is hardly any reason the expect a better performance in the first sessions for 2012, as ATRN's situation is pretty dire.
In an 8-K filed on Dec. 29 the company announced an asset purchase agreement with Mkono Media Corp., getting rid of more assets for $615 thousand. The form also showed the termination of the agreements with Brilliant Digital Entertainment, Inc.
A statement at the end of the document added further negativity. ATRN anticipates it will have to issue all the remaining authorized shares up to 100 million to partially pay down the notes to the buyers from previous financing.
Even without the current troubles associated with the notes, ATRN's business is losing money. There is no telling where the fall of ATRN will stop, or when." -from HotStocked.com
One can only hope my friend...
Reread my post Zohan. The key ingredients for this kaboomage are listed.
Current financials + uplist = KABOOM!