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Every day is a 5 year upward price breakout according to the IHUB panel. Obviously something has been broken on this site for a while...
What's up with the 5 year breakout price all over IHub???
The wall doesn't seem to be so hidden lately. Price is holding well above it's floor.... interesting.
The only reason this stock is still open is the possibility of a RM IMO.
The company is a (clean?) shell with a lot of wright offs. All investor law suits have been settled it seems. Hard to find a clean shell without legal troubles.
Not much to hype a flip on but certainly something to make one want to hold and see. Especially if their stock average is under water.
Not picking a fight with you, which is something you want it seems, just laying out the facts as I see them.
You were implying QSIM is a leader in nano copper manufacturing. The article you linked to is gibberish. They never sold much of anything other than research samples and don't manufacture anything now.
They long ago missed the first bonus target for the assets they sold and are a little over a month from missing the next. Nothing has happened with FeNIX or we would have seen a PR from VIVK. (The new owner of the Tech)
8 remaining patents have never had a commercially viable product associated with them.
I can't see anything other than a good RM or MA play here on the clean shell. That could be very profitable. Who knows when or if it will come. Hope it happens today but may be next year or never. No clues have been put out by the company.
Pure garbage. – QuantumSphere, Inc. (QSIM) has never sold any products other than lab samples totaling only in the 10s of thousands of $$ for the life of the company (read their past filings) and has sold all of it's manufacturing equipment and viable patents, shed itself of employees, and all but one of its board members resigned almost a year ago.
This is a M&A play on the shell at best.
I've been watching QSIM on this board for about a year and a half. I think this is the the longest stretch with no comments.
AS increase was almost a year ago and done to fight off a potential hostile takeover when they still had assets to protect IMO
Not much left to pump here. It will eventually stop trading without news.
10 Mil ? Then you were pretty much the only one that bought today...
Amazing they were able to sell all of that for .001
Someone will put the "word" out to their followers again soon and get it going once more.
Don't know if it's people just wanting to hold as much as being under water so much they don't want to lock in the loss.
It really would take a merger IMO to get it up to the levels many of you need to break even never mind make a profit.
Here's hoping for a good outcome for all...
Even YOU know this is old - outdated information.
No comments all day.. interesting
Thanks, there's always more homework to do for all of us...
If you know why, it would be helpful to say they would not dilute they way I described because..."____"
My logic is the new entity will need stock to sell and they wouldn't want to simply buy back the stock from the current shareholders because it would be expensive.
Dilute it down to 10% and it makes it much cheaper. The new entity would feel no loyalty to the OTC shareholders in QSIM.
You wold be doing me a favor by showing me where/how my logic is flawed.
Thanks again.
5 Billion A/S with 500 Million in issue. What's to keep them from diluting you into oblivion by issuing all 4.5 billion remaining to a merger partner and then do a reverse split?
Best case is you would hold 10% of what you currently have....
It would take a 10 fold real value increase just to break even...
Same outdated info on website. Nothing new. Likely an auto feature with copyright on page
a whopping 15 shares bought, it's on it's way for sure...
we Waite...
very original of you
The CEO of VIVK and QSIM are long time good friends and business associates. That's why the deal went that way IMO. If anyone else would've paid real money for the assets, I think the note holders would have jumped on it. Obviously, VIVK was the only play. If you look on VIVK message board, the CEO is not very well thought of and does not publish financials.
My opinion on the equity being given to the note holders is pretty simple. QSIM owed them money, They didn't have any money to pay so they paid in the VIVK stock instead. The note holders did and still do control the company so it would have been part of the deal they approved.
QSIM, being out of cash, had to do something with all of their tech hardware or they would have lost it to the landlord. They didn't have the money to move it.
I don't see anything coming from the sold Nano Tech. It seems they couldn't give the stuff away to an operating ammonia plant. Logic dictates that if the remaining patents had value, the note holders would have sold them also.
I totally agree the shell could be worth holding on to in case of a merger. I hope that's what happens for everyone. I hate to see people lose money.
Sober assessment, some type of merger is the only play here. Most of the float is likely under water so why not hold it unless you really need to get the money out. Seems to be a clean shell that has a long shelf life.
IMO the $2.5 Million equity position was most likely distributed to the note holders so not a part of QSIM war chest. It appears those preferred shares were issued based on a 50 cents per share valuation so as of today worth about $1.75 Million based on the current and recent VIVK stock price.
VIVK barely trades and even if it did, the heavy restrictions on the conversion and sale of stock would make it hard. For the note holders to take that deal shows how hopeless the QSIM situation was/is. I feel for them.
5 Bil A/S increase approved mo's ago. seems they just updated Sec of State because it was time for annual filing.
They likely did the A/S increase back in Sep 2017 to prevent hostile takeover as the market cap was really low...May not have anything to do with current activity or plans any more than back then...
It's been about 2 weeks so I think we'd have seen it by now if the filing were another pump move..IMO...
Message board and volume has dried up. There are a lot of shares of this in retail hands...
Even if they do a RM, they can dilute the current share holders into oblivion with 5 Billion AS.
What/which analyst are you quoting ?
Damn, somebody wanted out...
Well the Serb is here so something's up... But what???
Now just waiting on Dark Horse...
I'm a little surprised the bid is at 7 with no activity yesterday and today...
I don't have L2 so I'm posting 15 min in the blind...
It makes me chuckle a bit every time I read your post Roberts, you know I don't disagree with your logic but, you have the bedside manner of Archie Bunker haha
Depending on your age, you may have to look that up
I feel you Brother...the whole market feels unstable right now. Could be just that eyes are elsewhere taking care of dollars so the pennies may have to wait a bit.
It would be awesome for this stock to do well for the right reasons. Otherwise it's just a game of musical chairs.
The music has stopped playing for the moment but if past recent patterns play out, it will kick in again.
Easy, no one wants to sell at a loss so far today...
Whenever you see Dark Horse and The Serb active on this board, you know something is afoot.
I'm not saying they are the instigators, but they seem to know when a new cycle is starting and jump in to spread the cheer. I would imagine both have made a lot of cash from this stock.
Bottom line is I have never seen them active unless there is movement coming in the stock.
Same cycle over and over since March of last year. This time I saw a lot of new faces driving volume but not the hype that brought them here...
So what brought all of the new people here?
nothing left of the company but a shell. The only product left in their owned patents is battery tech. As hot as the battery market is, that would have turned into something if it could. Note holders sold everything off of value including the R&D/Production capability for the battery tech.
97 percent of patents never go to Market but they sure are sexy to look at.
Broken record I guess but the only play left seems to be a reverse merger with some other entity that wants to go public without the expense of an IPO.
Who knows how long that will take.. hope it's soon.
QSIM originally went public via a reverse merger into a clean shell.
I understand that OTC Pennies are not usually a place for real company strategy and information as that is not what seems to drive the volume. Here's some background info for those interested. All others I guess can tune out...
Not that it's a secret but Kevin Maloney, (CEO/Co-Founder of QSI), obviously knows RM as a path and likely planned it as an option for QSI if sales didn't materialize so It's definitely on the table here for those that may want to stick around on the gamble.
I use to know Kevin personally and in addition to being an honest guy in my opinion, he's a smart and experienced investor in the VC world. In fact I knew him and fellow Co-founder Dr. Doug Carpenter personally during the ramp up stage in 2011-2012. I was an investor prior to QSIM going public.
What many don't know and may find interesting is Kevin is a long time personal friend and business associate with the CEO of VIVK. VIVK purchased the IP/Equipment/Inventory from QSIM in the stock swap.
Kevin is heavily invested not only financially but emotionally in the QSI concept. After all, his name is on several of the patents with Dr. Doug Carpenter. My take is he picked VIVK so he can continue to play a part in his "baby's" future.
I agree, your scenario is highly likely especially with the economy heating up the way it is, I can easily see a reverse merger. A lot of hot companies will want to go public quickly.
QSIM has gone through a lot of trouble and expense to play straight with the SEC and their investors. QSIM seems to be a relatively clean shell.
Others that talk of an Ammonia contract is completely absurd. They don't own the IP and backers have long decided not to give any more funding for the current business model.
There have been several rounds of "accumulation" over the last several months based on pure hype and ridiculous claims. Then the instigators dump and disappear courtesy of all the new "investors" they lured in.
The hype component seems to be missing this time so it is definitely interesting.
They are no longer in the Ammonia or catalyst business. They should update their webpage.
They sold ALL of that IP along with production/R&D equipment/supplies in September of 17. Note holders forced the sale so they can recover some of their investment. They had to pay for their last audit with stock. That is why they no longer report. No money.
They have no employees other than the CEO. They had a great Science and Tech team but sadly, they are all gone. They no longer occupy the building they were in.
Opinion.. if remaining patents had any value, they would have been sold to pay debt.
It was a great idea and a real company that just didn't work out. It happens.
Why do you think it will move?
Longest game of musical chairs I've ever seen....
It will likely be dormant for a while before the next "run". time is needed for a new batch of investors without a memory to come online...but who knows how many more pushes can work with QSI.
They've sold off the Ammonia, the only business that had value 5 months ago for restricted preferred stock (not money), and stopped all reporting.
Since then with no more VC money and the company along with it's assets controlled by the Preferred stock holders/note holders the stories told are that QSIM (not you) will:
Get rich off royalties
no, wait, I meant batteries
no, wait, I meant oil
no, wait, I meant cryptocurrency
no, wait, I meant reverse meger
What next? cure for the common cold? ED? mining salt on the moon?
The only reason, IMO, you haven't seen a RS already is the only employee's (The CEO) lack of interest and/or lack of money for legal bills to do it. If the remaining patents were worth anything, IMO, the note holders would have sold them with the other assets. They of course want their money back.
Everyone knows penny stocks are worth what they're traded for but you need some kind of story to keep it going. This will continue to be interesting to watch. I've been surprised several times how the players here were able to make QSIM run again and again.
Someone will be left standing when the music finally stops playing and the last chair in this game is occupied...
Almost a Billion shares traded on the 4 trading days starting Sep 8th. The last real run with peak day north of 350 mil.
Even at 500 million O/S, that's a number equaling every share trading twice in a 4 day period. Odds are worse that could happen with a lower O/S number of course.
Many on the board don't have a problem with a 500 mil O/S so it could be a non issue depending on the other metrics you personally see in the company.
Same answer was had last May-June when someone else contacted the TA.
Since QSIM adopted the Alternate Reporting Standard in the last 10Q, the O/S number may not be updated any time soon.
Thanks for the info.
There was an expected 1.5 to 2 Billion share dilution to satisfy the $1.6 million in defaulted debt stated in their later fillings.
At least most of that never seemed to materialize.
I'm guessing that much of the defaulted debt was satisfied with the stock translation for QSIM's assets sold to VIVK.