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This stock seems to be bullet proof. I don't even pretend to know why but it's going to do fine over time. Wish I bought at .11
It's off the lows of .11 so still good for flippers. This is a very quiet board for a stock that's relatively active.
Even the photos in the "outdated" info area above aren't loading. I think the silver spike has definitely been driven in.
I was a moderator on the board. Not much meaning anymore but I've been removed along with all others.
This company had so much potential. i knew the players at the time. Really too bad it didn't work out.
Now VIVK, the savior of QSIM appears to be heading towards the same destination as QuantumSphere. It doesn't make me happy to see it.
I've enjoyed getting to know many of the traders over the past few years. It's been an interesting ride to the end.
I hope all are having a fantastic year!
This may be going the way of QSIM...
You're the only one that posts on this board
In what way. Please explain.
thanks for the info. What does this mean to you ?
The company sold all of their assets and stopped functioning as a business long ago.
It seems the large chunks of stock moved just before suspension was to satisfy debt. It looked like the vast majority was transferred and not purchased.
Unfortunately, all money paid for stock is just gone.
I don't think anything will come. There must have been something else legal involved otherwise they would keep it around as a shell for a reverse merger.
Too bad. A lot of us were left holding a bag of nothing.
If they're not allowed to trade in the market, why do the trades show up here?
Also, if they were suspended from trading all together, why would the SEC lift the suspension if the same delinquencies in filing still exists?
Maybe simplistic questions but seems odd to me not knowing the end of life procedure for entities at this stage.
Thanks to whomever answers...
Wow, there was a trade of a million shares! I never expected this. Are they out of the grey market now?
Doesn't seem to be doing much. I'm watching this because of what happened to QSIM. I've seen this spike up but usually as a result of some paid promotion.
Matt was brought on to the BOD of QSIM. About a billion shares were dumped just before they were suspended. No one not in the know gets what really happened there. I'm interested in what Matt does with his company now and if the other stuff was connected.
Yes, we need news and KABOOM!!.. too much going for this..
They have patents..$$$
They have Millions of dollars in royalties...$$$
They have a contract with Casele worth millions...$$$
They have millions in stock from VIVK...$$$
They have Matt on the BOD...$$$
Ammonia market is worth Billions...$$$
They have no debt...$$$
They have low float...$$$
Their share structure is sweet !$!$!
This is a no brainer !!!
Ok, everyone form a single line to buy my stock... don't rush.. there's plenty for all!!
It's like money in the bank!! (my bank, not yours LOL)
I couldn't resist....
I wonder how long it takes for delisting? I didn't see any new filings from the SEC
There's been no update from the SEC that I can find.
I don't see how this can even be considered a lottery ticket at this point.
I thought the stock cannot be quoted, how does this price come up?
To the Mods of this board, I guess it's time to finally remove all of the very outdated Nano Catalyst info from the Company profile section.
I suppose it doesn't make as much of a difference at this point but I've felt it terribly misleading for a long time. Ever since they sold off their assets.
Interesting. I've got to run out the door for an all day meeting. I'll reply to you this evening.
Thanks a lot.
I can't PM. Sorry. Sounds like something I would like to see.
I set up this temp email address for you to use.
temp3@hiamgroup.com
Matt was celebrated as the savoir of QSIM when he was brought onto the board in March. VIVK owns or did own most of QSIM's assets.
The only thing I saw happen after he was brought on is a billion shares of QSIM stock issued and sold in huge blocks while the SP dropped ever lower to .0001
A few days ago, the SEC suspended QSIM. Someone profited but not most retail investors from the way it looks. It seems to be marching toward revocation according to info posted on the QSIM message board.
Thank you Matt.
lucky,mydog.... You're a sharp guy with seemingly solid information. Thanks for taking the time to post it here for the rest of us.
With what you've provided, I personally feel this is headed for revocation. I'm looking forward to seeing what happens with the gray market trading.
Good luck to all of us. I don't know why anyone would want to buy this but maybe find one of those guys that were buying the big blocks.
My understanding is once this is revoked, we become stock holders in a private company. I wonder if they can reverse split and or cancel shares once that happens to get rid of all of us. Then get relisted under another name.
Good, I'm glad the article is wrong. They were pretty specific and it's a well written article that seems to reference research and was just written in December of 2018 so info in the Article is fresh.
How did you discover the inaccuracy? Can you provide your sources ?
Thanks
Good morning.
I got it from this post... should have said "close to zero"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150115204
Unfortunately, this stock is dead. I'd like to be wrong but quality information has been posted here as to what happens to stocks in this situation. How zero companies come back from this.
I look forward to hearing about the first grey market trade.
Well I'm going to offer up my "bargain" and see if there are any takers. Thanks again for the info on the grey market.
Thanks for the info, but who would want to buy a grey market stock, especially QSIM under these circumstances ?
If you read the VIVK board, there are many people who think Matt has moral issues.
Matt is good friends with Kevin. Maybe he got back involved to help him mitigate trouble. Just guessing.
It says in the article you provided that...
"Note: The SEC forbids ALL Market Makers from providing any quotations or trading market when the 10 day Suspension expires"
This seems to say to me that it can't trade but I may be reading it wrong.
Question:
How can I trade QSIM on the Grey market?
Who in their right mind would buy a stock headed for revocation ?
Wow, great information although depressing. Thank you.
So based on this, suspension of QSIM means there's close to zero hope our investment will be anything other than a complete loss.
Guess I should have sold at 1 when I had the chance.
It's just speculation but in light of what's come down today, the bulk shares may have been them satisfying the court ordered settlement before the suspension hit. Even though the shares would be worthless, they issued them thus avoiding a back end law suit.
I guess everything from here is just theories on what happened and Monday morning quarterbacking.
I've enjoyed the conversations with many of you over the years. I hope no one got hit harder than they could absorb.
It would be nice if Kevin came on this board and made a final statement.
I wonder how many of those suspended made it back...
I'm not familiar with the "Grey Market". By the definition I found on OTC, it seems to be a very difficult secondary market. Do you just have to find someone on your own that wants to buy the shares? If you do find someone, will a broker / dealer handle the transaction ?
This is what the OTC Glossary says:
Grey Market, "OTC" or "Other OTC" is a security that is not currently traded on the OTCQX, OTCQB or Pink markets. Broker-dealers are not willing or able to publicly quote OTC securities because of a lack of investor interest, company information availability or regulatory compliance
For what it's worth, this is what OTC Markets has on the QSIM page...
https://www.otcmarkets.com/stock/QSIM/overview
OTC Markets Group Inc. ("OTC Markets") has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware). OTC Markets Group designates certain securities as “Caveat Emptor” and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional caution and perform thorough due diligence before making an investment decision in that security.
The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:
Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.
Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.
Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion campaigns (including third-party), unusual or unexplained trading activity, spam or disruptive corporate actions even when adequate current information is available.
OTC Markets will resume the display of this security’s quotes once adequate current information is made available by the issuer pursuant to the Alternative Reporting Standard or by the SEC Reporting Standard, and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use caution and due diligence in their investment decisions. Please read our Investor Protection page and OTC Markets Policy Regarding Caveat Emptor for more information.
Matt and Kevin are sophisticated operators and have worked a long time in Venture Capital and Corporate operations.
They didn't need the letter from the SEC to know their obligations to file and the ramifications for not doing so.
They recently updated their OTC profile for Outstanding shares but didn't bother to update the address in their profile.
It looks like the first filling that shows an updated address was on their 8K filing in March 2019.
it doesn't make me happy to say but this looks done to me. I hope there will be some way to get some value from our shares. Many have been loading and holding this stock for a long time.... for years in many cases.
As Lucky mydog stated, they're being suspended for not filling 10Q and 10K's. Both are very expensive. 8K's are just information.
They also filed for BK, first I've heard of that. I don't know what it means to be "closed" ..... Was it withdrawn or completed?
On August 4, 2017, QSIM filed a Chapter 7 petition in the U.S. Bankruptcy Court for the District of Central California which has been closed
https://www.sec.gov/litigation/admin/2019/34-86441.pdf
IMO, the 8K's recently filed seem to be CYA docs to avoid fraud.
I'm surprised Matt would want to put his name with this... but based on what I've seen with VIVK though, all recent activity seems to have his fingerprints on it.
But why would so many shares be "bought" with now, no or very little secondary market?
QSIM had to know this action was coming as they must have told the SEC they didn't receive the compliance letter...
I mistakenly thought that you couldn't sell a stock less than .0001
Like most everyone else, I don't the the big blocks of stock were retail but today's transactions appear to be.
Looks like retail is getting a few ones today.
Everyone is holding at these levels. The only "selling" going on seems to be newly printed shares.
Captain obvious statement I know. Just frustrated.
Something's going on and if it benefits retail investors, it'll be a byproduct, not the objective IMO.
Good luck all
I think they care about the shareholders that are buying all of these huge blocks of shares. I agree they likely don't care about us though.