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We NEED to bounce off the triple bottom that started Oct 12th, continued threw Dec 27th and so far we are holding onto the .47 to .48ish level. If we move higher, the floor will be confirmed and we should move much higher. We never did and still won't follow the market ... Up or Down.
Hey TEX... I've been holding 20,000 shares and thinking about rounding it up to 25,000. Would you load up before the shareholders meeting???
I'm not asking for advice, just your opinion...
TIA
If RS is approved on March 14th … How long afterwards, before the conversion occurs???
6 down days in a row... first time in a full year.
RE:Thereafter, if such a company does not regain compliance with the bid price requirement a second 180-day compliance period may be
available. A company listed on the Nasdaq Capital Market may be eligible for an additional 180-day compliance period if it meets the
market value of publicly held shares requirement for continued listing, all other initial inclusion requirements for the Capital Market, except
for the bid price requirement, and provides written notice that it intends to regain compliance with the bid price requirement during the
second 180-day compliance period, by effecting a reverse stock split if necessary.
https://listingcenter.nasdaq.com/ViewPDF.aspx?Material_Search.aspx?mcd=LQ&cid=14&years=2016,2015,2014,2016,2015,2014,2013,2012,2011,2010,2009,2008,2007,2006,2005,2004,2003,2002&sub_cid=76&searchkeywords=&exactsearchddvalue=1&Print=N&materials=0&popularfl
Nice move on lowish volume. I don't trust it... Shorts aren't panicking Yet....
The volume is unimpressive considering that investors have had time to digest the news since yesterday. Shorts should be running for the doors, but other than an initial burst, seem to be exiting very slowly and orderly.
Wow... its starting to run now....
Buy the rumor... Sell the news???
I didn't see this drop coming today. Can't blame it on the shorts, 'cause the buying volume is so low. Not the squeeze I expected today.
Looks like some SERIOUS short covering @ 1:40pm. Over 400,000 shares bought by one seller @ .8488. The dominos are beginning to fall...
PCJOCKEY...Best FREE overall resource I've obtained on any post ever.... THANKS
8Q released
First Quarter 2022 Consolidated Results and Highlights
•Consolidated revenues of $25.6 million, up 195% over Q1 2021 with organic growth of 14.9%
•By the end of Q1 2022 the company had proforma revenue for remaining quarters of 2022 in excess of $100 million
•Shareholder Equity of $68.0 million up from $46.1 million in Q1 2021
•Total assets of $130.4 million up from $84.7 million in Q1 2021
•Total working capital decreased to $15.1 million in Q1 2022 from $33.1 million in Q1 2021. As a result of cash used for acquisitions and paying off current and non-current debt.
•Increased total inventory to $24.2 million up from $3.4 million in Q1 2021
Kent Wilson CEO had this to said, “Most of our industry segments in Q1 2022, including our Construction Services holdings, showed improvement over Q4 2021 and Q1 2021. The Company is managing many complex challenges, including labor force access and supply chain constraints, which did very well considering the enormity these two factors present on the global business front. With investments into automation, we were able to augment our talented workforce to create greater efficiency. When you combine that with our long-term healthy vendor relationships, companies like QCA and RCA, unlike many of their competitors, can procure components and product supplies with only modest interruption to our customer base. All in all, it was a good first quarter for Alpine 4 and our holdings, and barring any further degradation in the supply chain, the Company expects its gross profit margins to continue to improve.”
Earnings is supposed to be tomorrow, but I can't find info on a conference call at investor relations. Will there be a call or will they just release an earnings report?
I'm thinking about selling my shares by the end of the year to offset my HUGE gains in options selling this year. I'm down over 28K over these past many years. Anyone else doing the same for tax purposes....?
10Q report....NOT...WTF
First time that I've seen this happen....
Perhaps they can't afford to pay an accountant anymore...
Jeez....
https://ir.qsenergy.com/all-sec-filings/content/0001683168-20-002746/qsenergy_nt10q.htm
I remember the good ole days... when we were trading at .03 cents. We have to go up 20% to get there now. It was once posted here that I would never get my long term order filled at .03 cents. That poster was correct. I pulled that order months ago. I hope they bought up all of the .03 cent shares. My new price target is .015 cents now... Strictly for lowering my price point for an outside chance at a bargain basement buyout. Just gambling with this pig now.....
Faith... read my last post...
form 8K Jeez....
tem 8.01 Other Events.
As previously reported, in December 2018, the QS Energy, Inc. (“Company”) entered into an agreement with a major U.S.-based pipeline operator under which the Company installed its AOT equipment on a crude oil pipeline located in the Southern United States for testing and demonstration purposes. Based on laboratory tests and operations of prototype equipment at other locations, we had a reasonable expectation that the equipment would operate successfully and that test results would demonstrate quantifiable benefits to pipeline operators.
As reported in the Company’s Form 10-K and Form 10-Q filed with the SEC on March 31, 2020 and June 29, 2020, respectively, and in website updates published on the Company’s website at https://qsenergy.com/updates, the Company has experienced a number of difficulties and delays at the demonstration site. Despite identifying and implementing numerous design modifications over the past several months, the Company has been unable to successfully operate its AOT equipment at the demonstration site.
In late June 2020, equipment modifications intended to mitigate electrical short circuit issues identified in earlier tests were completed. During startup testing, the system experienced a new failure mode in which the system could be operated at a baseline high voltage (well below operational voltage required to treat heavy crude), but after a period of time, the system would drop to very low voltage indicating a reduction in electrical resistance in the AOT. This voltage drop was both dynamic, developing over time as electrical current was applied; and transient, in that the power supply could be shut-down and re-started with this voltage drop characteristic repeating. After reviewing these results and running subsequent in-field tests at the direction of the power supply manufacturer, they recommended a configuration modification to the control module of the system’s high-voltage power supply which, in their experience, could resolve the system’s ability to maintain constant voltage under our unique operating conditions in which the AOT essentially acts as a very large capacitor. During the first week of July, we modified the power supply control module at the direction of the power supply manufacturer. Though this modification did appear to solve the voltage drop issue, the AOT could not achieve operational voltage as the system control module indicated arc-faults when high voltage was applied above the baseline voltage levels. After many attempts to bring the system up to operating voltage, arc-faults continued until the AOT demonstrated symptoms of what appeared to be a dead short (electrical short-to-ground; voltage dropped to zero) and the system could no longer be re-started.
Our engineers have working concepts as to what may be causing this most recent failure but will not be able to fully diagnose these issues at the demonstration site. After discussions with our demonstration pipeline partner, it has been mutually agreed that the best course of action will be to move the equipment from the demonstration site to another location where our engineers could disassemble and inspect the equipment. We are working on plans to move the equipment to the Houston area for possible disassembly, inspection, and testing. Our demonstration partner has indicated their continued interest in our AOT technology and may consider installation and operation of a new AOT demonstration project if our operational issues can be resolved.
Though our engineers do have working concepts as to what may be causing the most recent voltage drop and arc-fault issues, it is unknown whether these issues can be solved with minor modifications to the current design. To fully diagnose and resolve these issues, new testing would likely need to be performed in a laboratory setting. The time and cost of implementing such a plan would likely be significant. The Company does not currently have sufficient capital to take on this endeavor.
If we are able to raise sufficient capital we would also consider designing, testing and commercializing a smaller scale AOT unit targeting upstream, trucking and rail applications. This strategy could reduce development time and costs, with the intention of moving back into the midstream crude oil pipeline market subsequent to successful commercial operations at a smaller scale.
The Company currently has limited capital resources and will need to raise substantial capital to continue operations. We are considering all options but can provide no assurances that additional capital will be available to us, or if it is, that such additional capital will be offered at acceptable terms, nor can we provide any assurances that if capital would be available to us on acceptable terms, any redesign and testing of our AOT equipment would prove successful.
AS I See It... I agree with your assessment on the latest update by management. It read, by far, like they were finally pinpointing the real cause of the latest string of setbacks and failures. I personally don't like the fact that they never use phrases like "We are confident that", or "We are sure that", or "We expect that" etc... They instead use phrases that sound lawyer-like and less assured like "We hope that", or "Even if it works as planned" etc... I value your posts because they don't contain any froth or spin. And I, for one, appreciate your honest, "matter of fact" approach to some of the discussions here. Cheers
LONG, cause I have to be.......
THE TRUTH.....I WANT TO HEAR MORE OF THE TRUTH... This is the most honest and insightful stuff I've seen on this board EVER
THANK YOU....
I meant three to four cents lol
I've been trying to add another 100,000 shares at around 30 to 40 cents, but the scalpers won't let me in lol... I'm willing to risk another three to four grand to cut my cost basis in half. It'll bring me two around 17 to 17.5 cents anyway.
I'd settle for a reverse merger... I'm not sure, but I don't think that it could happen without shareholder approval... And we wouldn't accept it, unless there was a financial benefit to us...
No "INVESTORS" are praising this company...
INACCURATE... Who said anything about an "external auditor" lol
Responsibilities of the audit committee typically include: Overseeing the financial reporting and disclosure process. Monitoring choice of accounting policies and principles. Overseeing hiring, performance and independence of the external auditors...
A DISTINCTION WITHOUT A DIFFERENCE...
Voluntarily resigned lol... WE KNOW WHAT THAT MEANS, DON'T WE??? It means they were FORCED OUT... REPLACED by the company's AUDITOR... SMH I'm so glad that my order was never filled at 3 cents...
10Q is out...
I think this update is a little bit more positive than the last one
Https://www.qsenergy.com/updates
I dropped my bid from $0.03 to $0.02 for a hundred thousand shares...
We're at all-time lows today...
I agree cpopp...
Many experts in the market predict that at least 20% of all oil companies will go out of business... Possibly as much as 40%. Most of them smaller cap companies. How do we know that our partner company isn't one of them? Most companies are losing money at these levels... Too bad we haven't got a proven technology that a large cap would be interested in.
Flubug... I am not an expert on why others are buying but, I have had a bid in for a hundred thousand shares at $0.03 for almost a year now. It's not because I believe that the stock or company will succeed... It's to try to cut my cost basis in half... I invested $30,000 in this stock and I'm willing to add another $3,000 to bring my cost basis down to around $0.17. After the last investor update... I dropped my bid to $0.02. My strategy basically is to get my cost basis down and hope for a bump so that I can get the hell out of here. It doesn't matter whether or not this technology can work or not.. What matters is whether or not management can monetize it. As I see it, the people running this company... As well as the engineers are actively auditioning for The three stooges. The only way this company is successful is if 20 moving parts happen to fall into place perfectly...
The only other hope I have here is if management is a bunch of crooks and they are looking to do a head fake... Give out bad guidance and gobble up the shares. I'm not selling even if we go to zero, but that doesn't mean I have any confidence in this stock at all. This is a purely a crazy speculative play at this point. GLTA...
Our stock price was cut in half to $0.04 after the release of the update... Most haven't seen it yet... This is going to be a bloodbath on the way to the exit.
Our short-term survival is dependent on the grace and generosity of the pipeline operator... Our long-term survival is dismal at best... When I say long-term, I'm talkin less than a year.
I had a bid of a hundred thousand shares for about a year now at $0.03... I am withdrawing that bid. This thing could go to sub penny.
There wasn't even one positive forward-looking statement in the shareholder update...
Hahaha.